Crypto-currencies are volatile, but the market is changing. The volatility of bitcoin has been steadily decreasing throughout 2018 trading, and I expect this trend to continue. This post will evaluate some easy ways to track volatility. When evaluating volatility, we… Continue Reading
https://www.instagram.com/p/BpUztf4AyCL/?utm_source=ig_web_button_share_sheet This image of Jackie Gaughan at the El Cortez in downtown Las Vegas was taken in 1979. It’s a popular photo of the legendary casino owner and is featured numerous places online and can be found hanging near the… Continue Reading
Tonight I entered a FanDuel contest, how much rake I am paying? I entered a $1 GPP contest with a $3,000 guaranteed prize pool, the maximum entries allowed is 3,571, which means the maximum entries is $3,571 with a pool… Continue Reading
Poloniex will disable margin lending and borrowing for US customers by the end of 2018. Part of dealing with a US regulated exchange such as Poloniex is they must be compliant, and this often means less access for customers. Poloniex… Continue Reading
What are “stable coins”? Stable coins are a weird part of the cryptocurrency world. These blockchain based currencies seek to anchor their value with some widely used money such as US dollars (USD). US Dollar Tether (USDT) and US Dollar… Continue Reading
Whether you love watching Tiger Woods and Phil Mickelson giving high fives or if you care about which millionaire golfer has the best celebration dance, the Ryder Cup 2018 is upon us. The Ryder Cup is a golf team match… Continue Reading
This post will describe the Portfolio Margin system used at Deribit, a bitcoin derivatives exchange. Portfolio margin is a risk-based margin policy that aligns margin requirements with the overall risk of a portfolio. Portfolio margin usually results in significantly lower margin requirements… Continue Reading
Enbridge (ENB) has announced this morning it will acquire all the outstanding shares of Enbridge Income Fund (ENF). The deal will see each common share of ENF exchanged for 0.735 of a common share of ENB and $0.45 cash. With… Continue Reading
A market maker quotes both buy and a sell prices in order to profit from the spread between bids and offers and also from the spread between a price quoted and a reference or theoretical price. The bid-offer spread is… Continue Reading
The 2018 PGA Tour Championship is being held next week and I’m pretty excited to watch who wins the tournament, but also who wins the FedEx Cup $10 million bonus check! In this post I’ll describe how I created my… Continue Reading
