Kraken has introduced European-style, USD-settled Bitcoin (XBT/USD) and Ether (ETH/USD) options exclusively for eligible professional and institutional clients on Kraken Pro. These options are cash-settled, avoiding crypto delivery, and offer weekly to semi-annual expiries, catering to hedging and risk management needs without operational complexity. The platform uses a request-for-quote (RFQ) system, supports portfolio margin across spot, futures, and options with a unified wallet, and caps fees at 12.5% of the premium. This launch provides a new venue for professional desks to hedge and structure trades with cleaner accounting and reduced coin movement risks, positioning Kraken between CME and Deribit in the crypto options market.
The New York Times Connections puzzle for Sunday, August 16, challenges players to group 16 words into four linked categories: live music terms, participant roles, family relationship modifiers, and descriptors of human ancestors. The puzzle is noted...
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Bitcoin's fixed supply cap of 21 million coins is under renewed debate after Peter Todd proposed a permanent, small issuance of new coins to pay miners beyond 2140 when block rewards end. Todd argues this 'tail emission' stabilizes supply by offsetti...
Harvard University's endowment maintained a $101 million stake in BlackRock's iShares Bitcoin Trust (IBIT) with about 3 million shares as of Q2 2026. After initially investing in 2025 and peaking at over $442 million, Harvard reduced its holdings but...
NVIDIA's CEO Jensen Huang leads with a 92.21% return on invested capital and a 60.4% operating margin, vastly outperforming Tesla's 4.1% ROIC and 4.6% margin. While Tesla expands aggressively with heavy capital spending and negative free cash flow in...
