Hedge Fund Trade That Blew Up The Repo Market Is Making A Comeback

By Tyler Durden, A popular hedge fund trade – known as the Treasury Basis Trade which, reminiscent of what LTCM did back in the day seeks to profit from minuscule differences between prices in the futures and cash markets for Treasuries by using massive amounts of borrowed money – is set to make a comeback […]

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Bitcoin price down 20% so far in 2022 after worst January since 2018

By William Suberg, January gives no relief to hodlers, but it’s been eight years since Bitcoin had a double-digit “red” February. Bitcoin (BTC) is heading for its worst January performance in four years — could all not be what it seems? Data from on-chain analytics resource Coinglass shows January 2022 to be the least profitable since the […]

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Meet The 29 Year Old Woman Teaming Up With Cathie Wood To Launch A Bitcoin ETF In The US

By Tyler Durden, A 29 year old crypto “expert” that already manages $2.5 billion is coming to an ARK near you. Ophelia Snyder, whose firm 21Shares manages $2.5 billion from her office in Switzerland’s “Crypto Valley”, is teaming up with ARK Invest’s Cathie Wood to try and launch a bitcoin ETF in the United States, according to Bloomberg. She […]

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Brussels Member Of Parliament To Take Full 2022 Salary In Bitcoin

By Tyler Durden, Authored by ‘NAMCIOS’ via BitcoinMagazine.com, The game-theoretic aspect of Bitcoin adoption is shown as politicians around the world race to establish the most welcoming place for the industry. Christophe De Beukelaer, a Brussels member of parliament, announced he will take his full 2022 salary in bitcoin in an effort to raise awareness […]

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US Consumers Will Push Back On High Food Prices, Mondelez CEO Says

By Tyler Durden, America’s top snack company, Mondelez International, told Bloomberg TV Friday that consumers will begin to push back on rising food prices as the economy reopens.  Dirk Van de Put, chief executive officer of snack company Mondelez, said consumers had tolerated price increases made by the company, but that could soon change as their more stationary […]

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Microsoft Tumbles Despite Beating Across The Board

By Tyler Durden, Looking at Microsoft’s earnings reported moments after the close, which beat from the top to the bottom line, and one would think that the stock is soaring after hours. But instead what one would find is an inexplicable plunge of 6% which can only be attributed to someone bearishly positioned and slamming […]

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‘Ethereum Killer’ Rocked By Outages, Solana Co-Founder Blames “Growing Pains”

By Tyler Durden, Once heralded as the “Ethereum Killer”, cryptocurrency Solana has crashed almost 70% from its November highs amid a series of outages and bot attacks that have left traders and users frustrated to the point where many are raising questions about its viability. source The network had become the natural alternative to ethereum after […]

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Ford Stops Orders For $20,000 Pickup Until Summer 2023 Due To Overwhelming Demand

By Tyler Durden, When demand is so overwhelming that you have to stop taking pre-orders, that’s usually a good sign – even when you’re battling a supply chain crisis. This was the case with Ford’s new Maverick pickup truck which, priced at $20,000, has attracted so much demand that the automaker has been forced to […]

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Mainstream Suddenly Realizes Raising Interest Rates In A World Buried In Debt Might Be A Problem

By Tyler Durden, Authored by Michael Maharrey via SchiffGold.com, The Federal Reserve is talking about raising interest rates. But the US economy is buried under piles of debt. I’ve been asking how this is going to work for months. Apparently, the question has finally occurred to the mainstream. A CNBC article declared, “Fed rate hikes will intensify […]

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Bitcoin Surges $3000 Off The Lows As Rate Hike Odds Tumble

By Tyler Durden, “Our energy would simply prevail. There was no point in fighting—on our side or theirs. We had all the momentum; we were riding the crest of a high and beautiful wave. . . . So now, less than five years later, you can go up on a steep hill in Las Vegas […]

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