Bitfinex moves its derivatives business to El Salvador

The exchange wants to provide innovative solutions “to the underserved regions of Latin America.” Several Bitfinex businesses have already moved to El Salvador. Bitfinex Derivatives, the arm of the cryptocurrency exchange dedicated to the financial derivatives sector, announced that it will move its headquarters to El Salvador. This move comes after the company received a…

Why 75% of traders lose money in a bull market

Risk management is crucial to avoid quick losses when the market reverses. Technical analysis helps identify market trends and establish trading strategies. A bull market is every cryptocurrency investor’s dream, but the reality is often disappointing: according to data from BexBack’s chief analyst, up to 75% of traders lose money in a bull market. A…

Bitcoin ETF options have a clear path

According to Erik Balchunas, this was the “second hurdle” to approving Bitcoin ETF options. An ETF option gives you the right, but not the obligation, to buy or sell an ETF. The US Commodity Futures Trading Commission (CFTC) announced that it is withdrawing from any role in clearing spot ETF options, paving the way for…