Tag Pionex

Extreme Low Volatility Environment

Abstract We believe that Bitcoin may not immediately experience an independent bull market due to a downgrade in the US government’s rating. In the future, Bitcoin’s safe-haven properties are expected to become more pronounced. ETFs could also serve as a…

Notes From The Trading Desk #7

Pionex Trading Desk 4/24/2023 Thoughts After the ETH Shanghai upgrade, the options market on ETH has completely reversed itself. There is now a great demand for downside protection, as exemplified in the negative skew for both 25 and 5 delta…

Notes from the Trading Desk #5

Pionex Trading Desk 3/20/2023 Events 3/22/2023 FOMC rate decision + Interest rate projections 2:00 Powell press conference 2:30 3/23/2023 Initial jobless claims 8:30  New home sales 10:00 3/24/2030 Durable goods orders 8:30 Fed Member Bullard speaks 9:30 services PMI (This…

Notes from the Trading Desk #2

Pionex Trading Desk 2/28/2023 News SEC Chairman Gary Gensler says, “everything is a security, except Bitcoin,” in an interview with NY magazine earlier this week. Plus, 3 US government agencies put out a statement about liquidity risk in stablecoins and…

Notes from the Trading Desk #1

Pionex Trading Desk 2/23/2023 Thoughts and Trades Last week’s momentum was driven by the rumor of a proposal in Hong Kong to allow retail traders to purchase crypto currency. The narrative was then expanded into China is behind this and…

Contagion

​​Major events 11-30 Wednesday Fed Beige Book – reports on broad economic conditions and used by the Fed to make interest rate decisions MoM Pending home sales – shows the change in demand for the real estate market Fed Powell…