- CZ starves FTX of revenue with 0% trading fees on Binance attracting volume from FTX
- CZ shoots headshot by publicly announcing FTT concerns causing a bank run on FTX and decline in FTT price
- FTX unable to cover holes in balance sheet
- CZ acquires FTX
Thanks for playing.
The Fed's balance sheet hit its lowest level of the year last week, down $289 billion from its peak in April and $119 billion over the last 5 weeks. This is the largest 5-week decline since July 2020. The Fed is finally starting to ramp up the pace of QT.
Charting via @ycharts
Since 1928, the S&P 500 has averaged 1 bear market every 4 years. If you round up (S&P currently down 19.92% from its peak), this now the 3rd bear market we've experienced in less than 4 years. $SPX
IPA super-powers capabilities with Biostrand's new method for computational encoding of omics and powering drug discovery with advanced AI.
Full press release: https://t.co/uMTg8CzAmF #AI
$IPA #biotechnology#Omics#drugdiscovery#bioinformatics
🇨🇦🇬🇧|Yesterday, Canada's Prime Minister @JustinTrudeau visited the #EU Parliament to give a speech. I took the opportunity to give him an appropriate "welcome" there. Short, concise and right hitting the bull's eye! #ID
🚨BREAKING🚨
Numerous policitians bought energy plays BEFORE their run ups, and general discussions on banning Russian oil.
Many are on committees privy to private information, including Defense and Energy.
Many had not purchased energy plays before.
MONTHLY PRODUCTION UPDATE⚡️
👉All-time high of 6,115 self-mined Bitcoin in reserve.🚀
👉14% of total Bitcoin production at an average cost of less than $2,600 CAD/coin.🚀
👉Installed operating capacity at 2.5E/H.🚀
#BTC $HUT
https://t.co/fBd8aZdrSd
Today we announced a multi-year partnership with @Hut8Mining to collaborate on new experiences and content within blockchain gaming, Web 3.0, NFTs and crypto.
Read the release below and be sure to check out the latest update from @play_evio!
https://t.co/UOBzaVQg4l
Crypto miner @Hut8Mining is teaming up with Enthusiast Gaming (@WeAreEnthusiast) to reach more audiences and provide data center hosting.
Reports @Aoyon_A .
https://t.co/qyrdyI0cDo