“We added to our longer-term options position, selling the volatility spike post-invasion,” QCP Capital, a crypto trading firm, wrote in a Telegram chat, referring to Russia’s invasion of Ukraine. The firm has been tactically accumulating a long volatility position, “expecting outsized volatility” going into the U.S. Federal Reserve meeting March 16-17.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...