Iconic Crypto Espresso – FTX Post-Mortem: Is the cyclical bottom finally in?
Key Takeaways Massive dislocations within crypto derivatives markets in consequence of the FTX debacle are indicative of a short-term bottom Fire-Sale valuations and the fact that we might have passed the peak of maximum hawkishness by the Fed after the recent US inflation data, increase the probability of a cyclical bottom in crypto markets Massive […]
Iconic Crypto Espresso – FTX (FTT): What Just Happened?
Key Takeaways The FTX exchange token FTT has come under speculative attack following a report by Coindesk that questions the solvency of FTX’s parent company Alameda Investors should expect more volatility in the short term but watch out for attractive buying opportunities in major cryptoassets What just happened? Preceeding events Sam Bankman-Fried (henceforth SBF) was […]