MARKET:
We are still in the middle of the FTX disaster. I’m sure all of us are ready for a break. Some snippets from TradFi and Crypto:
DXY chart broke the parabolic increase, and has fallen to ~107. Some risky assets are performing well, mostly in TradFi
Crypto markets are full of fear from the FTX contagion. BTC has been hovering between 15.5-16.5 and many expect a final capitulation down to 10-13k is possible after the many liquidations and fallout.
NEWS:
It’s officially over for FTX. What an epic collapse:
Bankruptcy filings review thread:
FTX lied and withdrew assets before Bahamian regulator froze:
Bahamas Regulator Freezes FTX assets:
After FTX wallets mysteriously moved funds and sold to ETH. SBF says it was a hack:
Sam gone?
`Now the questions start coming out about why FTX bailed other crypto exchanges out after the Terra collapse:
Sad to see good guy builders and leaders get completely wiped out by FTX:
Contagion spreads to BlockFi:
REGULATORY:
Nothing is safe:
It would shock me if they actually proceeded with the election results and SBF bankruptcy come to light:
RUGS:
Good old fashioned rug on Binance Smart Chain:
POD O’ THE WEEK:
Great discussion of the FTX fallout at Genesis
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None of this is financial advice