Fastest Breaking Markets Updates Crypto • Finance • Technology • War
infinityhedge: Bloomberg documentary about SBF and FTX collapse released, Watch now 👇 🍿
https://youtu.be/3QpdU9LS540
GENSLER SAYS THAT CRYPTO INDUSTRY NOT THAT DECENTRALIZED
Читать полностью…ISRAEL AGREES TO DELAY GROUND INVASION OF GAZA: WSJ
The Pentagon is scrambling to deploy nearly a dozen air-defense systems to the region, including for U.S. troops serving in Iraq, Syria, Kuwait, Jordan, Saudi Arabia and the United Arab Emirates, to protect them from missiles and rockets. U.S. officials have so far persuaded the Israelis to hold off until those pieces can be placed, as early as later this week.
[Nothing +ve here]
⚠️ Hamas Fighters Trained in Iran Before Oct. 7 Attacks -- Sources -- WSJ
Vitalik Buterin invests in Nocturne Labs, which aims to bring private accounts to Ethereum. TheBlock
Читать полностью…DTCC spokesperson says that the Blackrock ETF has actually been on there since August 😅 [db]
Читать полностью…SEC CHARGES BLACKROCK WITH FAILING TO DISCLOSE INVESTMENTS.
BLACKROCK AGREED TO PAY A $2.5M PENALTY.
[both dis related to each other 🤔]
**Tom Emmer took money from BlackRock in December 2022.
TOM EMMER [crypto friendly rep.] HAS DROPPED OUT OF THE RACE FOR SPEAKER.
SNAP 3Q:
REV. $1.19B, EST. $1.11B
ADJ EPS 2.0C, EST. LOSS/SHR 3.8C
*SNAP AUTHORIZES UP TO $500M SHARE BUYBACK
SNAP up 13%
MICROSOFT 1Q:
REV. $56.5B, EST. $54.54B
EPS $2.99, EXP 2.65
CLOUD REV. $31.8B, EST. $31.19B
Galaxy estimate the addressable market size of a U.S. Bitcoin ETF to be ~$14T in Year 1 after launch, ~$26T in Year 2, and $39T in Year 3.
And estimate $14bn of inflows into a Bitcoin ETF in the first year following an ETF launch, ramping up to $27bn by the second year and $39bn by the third year post-launch. [on the assumption that BTC is adopted by 10% of total available assets in each wealth channel with an average allocation of 1%]
infinityhedge
FTX Is Negotiating With Three Bidders to Restart Crypto Exchange. Bankrupt firm expected to decide fate of exchange in December: BBG
Читать полностью…iShares Bitcoin Trust IBTC is gone from DTCC's list. h/t
DTCC List: https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php
30k ETH to Binance
0x4353e2df4E3444e97e20b2bdA165BDd9A23913Ab [Metalpha]
The AI boom’s chip shortage has an unlikely hero: the blockchain
@infinityhedge:semafor
Projects Mentioned: Akash & Gensyn
SEC's Gensler stays true to form, uses Wednesday speech to say crypto is full of 'fraud, scams, bankruptcies and money laundering': TheBlock
Читать полностью…Former SEC attorney Tom Gorman says approval of a spot Bitcoin ETF by the SEC is not a given: BBG
Читать полностью…Andre Cronje on Fantom Sonic testnet environment launch.
Читать полностью…Google 3Q:
REV. EX-TAC $64.05B, EST. $63.04B
REV. $76.69B, EST. $75.54B
EPS $1.55, EST. $1.45
AD REV. $59.65B, EST. $58.94B
CLOUD REV. $8.41B, EST. $8.6B [Miss]
Galaxy estimates a +74% Bitcoin price increase in the first year after ETF approval, using the 9/30/23 price of $26,920 as the baseline.
And estimates monthly returns could gradually fall from +6.2% in the first month to +3.7% by month twelve.
Full report | @infinityhedge
ICYMI: Grayscale launched crypto indices in partnership with FTSE Russell:rtrs
Читать полностью…QCP Capital believe the rally was driven by anticipation of a Bitcoin spot ETF approval, but think SEC approval may not come for months [expecting early next year].
After the breakout above $32k Bitcoin, QCP took profits on some long exposure as signs point to the move being overextended in the short term.
Euroclear settles World Bank blockchain bond.
Citi bank’s issuer services acted as the issuing and paying agent, TD Securities as the dealer, and Euroclear Bank as the issuer central securities depository. Rtrs
BLACKROCK'S FINK: THE FED WILL HAVE TO RAISE INTEREST RATES FURTHER.
Читать полностью…