FTX Recovers $1 Billion in Assets as Company Unwinding Continues

The insolvency specialists at FTX have recovered $1 billion worth of assets from numerous banks, including over $800 million in cash. Recent reports state that the new management behind sunken crypto ...

Bitcoin, Ethereum derivatives are unwinding

Looking at Bitcoin and Ethereum derivatives shows that they have been affected by the FTX fallout, with data analyzed by CryptoSlate showing that over 160,000 BTC has been unwound since the beginning ...

Bitcoin Lags as Unwinding of ‘Fed Trade’ Lifts US Stocks Above 200-Day Average

The S&P 500, Wall Street’s benchmark equity index, has gained 16% in less than two months to trade above the widely-tracked 200-day moving average for the first time since early April. The U...

Carvana’s Unwinding Triggers Cascade of Warnings on Wall Street

(Bloomberg) — As online used-car dealer Carvana Co.’s share price unwinds at a fever pitch, Wall Street analysts are slashing targets and warning conditions could worsen. Most Read from Bloomber...

Hodlnaut Judicial Managers Weigh Unwinding Crypto Lender’s Assets Before Ethereum Merge

According to the statement, a particular risk of the Merge, which looks set to go ahead on Thursday, relates to so-called pricing oracles, which feed data to the smart contracts that govern DeFi proto...

Crude Oil’s Inflation Trade Is Unwinding, Credit Suisse Says

(Bloomberg) — This year’s standout inflation trade of backing commodities is coming under pressure on concern a recession will curb demand for raw materials. Most Read from Bloomberg That’s the ...

Melvin Capital weighs unwinding current fund to start new one: Sources

Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. Alex Flynn | Bloomberg | Getty Imag...

The Fed’s Great Unwinding Will Undercut Both Bonds And Stocks

From uptrend to selloff on way to shakeout getty The Federal Reserve’s tapering and interest-raising just swung from maybe later to for-sure now. That shift is the ominous inflation signal that ...