Former DE Shaw trader requests New York court to dismiss contracts that ‘silence’ workers
A former executive from DE Shaw has urged New York’s courts to look into certain employment contracts prevalent in highly lucrative hedge funds. Dan Mickalou, who secured a $52 million arbitration payout in 2022 for loss of reputation after a notable exit from the firm in 2018, is asking the Court of Appeal to scrutinize […]
Bitcoin whales exchange BTC for Ether as trader predicts ETH will reach $5.5K next.
Key Points: Bitcoin is nearing a significant level of $114,000 as the week wraps up, accumulating profits. Ether is drawing attention following its recent record highs, with investors trading Bitcoin for Ether. BTC’s price movement is expected to touch the CME futures gap and establish new short-term targets. As Sunday came to a close, Bitcoin […]
Bitcoin’s troubling daily candle might indicate a fall below $117K, according to a trader.
Bitcoin Faces Potential Further Decline After Recent Drop Bitcoin’s recent price movements suggest there might be more declines on the horizon following a rough day on Monday. Over the past 24 hours, the cryptocurrency has decreased by 2.6%, according to analysts. “It’s been a very ugly everyday candle,” remarked Michael Van De Poppe, founder of […]
Career criminal taken into custody for inappropriate behavior with Trader Joe’s refrigerator
Cleanup is needed in the frozen hot dog section. This week, a registered sex offender with an extensive criminal record was arrested at a Trader Joe’s in Seattle. He allegedly breached the refrigerator and made threats to kill everyone in the store while brandishing a knife. According to police, the suspect, identified as 33-year-old Kieran […]
Bitcoin price reflecting 2024 trend that resulted in 50% BTC increases, according to a trader.
Key Points Bitcoin is currently testing a significant support level in the latter half of 2024, according to Trader Galaxy. Previously, BTC’s price rose from $70,000 to $108,000 after a successful retest of support. Individual analyses suggest there’s unlikely to be a return to recent low swing values. Bitcoin (BTC) could see a potential price […]
Unfortunate Trader Loses $36 Million on Solana Meme Coin
Simply put Leland King Fawcette claims he missed out on over $36 million due to a misstep with trade in meme coins. He bought a Solana Token valued at $1,300 in August 2024 but quickly sold it when it didn’t increase in value. When he sold, the market cap of Troll was only $9,360, but […]
This remarkable team at Standard Chartered is led by a female trader in Singapore.
Standard Chartered’s Q2 Results Standard Chartered has released its second-quarter results today, highlighting that certain teams, specifically macro salespeople and traders, enjoyed an exceptional three-month period. Interestingly, the bank’s revenues from global macro sales and trading increased by 52% compared to last year, outpacing the overall sales and trading revenue by 47%. This growth came […]
Trader files lawsuit against hedge fund for not paying bonus despite generating 97% of the firm’s income.
Traders are taking legal action against their previous employers, claiming that they withheld bonuses linked to performance. Robert Gagrialdi, a specialist in block trading, known as “Gag,” allegedly acted in bad faith by not issuing a $7.5 million bonus, despite generating over $60 million for the company from April 2021 to March 2022. During a […]
Famous Trader Peter Brandt Claims an XRP Competitor Might Become a ‘Star,’ Reveals Big Price Goal for Silver
Peter Brandt Shares Insights on Crypto and Silver Veteran trader Peter Brandt notes that certain payment-focused cryptocurrencies could stand out, specifically predicting significant growth in silver. In a recent message to his 803,900 followers on social media platform X, Brandt expressed a rather pessimistic view on most cryptocurrencies, suggesting that many will ultimately become worthless. […]
Citi compels senior trader to remove post regarding starvation in Gaza
Citigroup is currently evaluating the actions of senior traders after the company posted a controversial message on social media that condemned Israel’s military operations in Gaza and underscored the escalating humanitarian crisis in the area. This post, which included distressing images of malnourished children, was promptly deleted on the same day it appeared due to […]