Chiliz
$CHZ
7 Results
Equities are falling while rates gain after comments from Fed Governor Waller suggested that central bank policy will ease slower than the market is anticipating. The 10-year Treasury yield jumped to 4.07% while the dollar index gained 0.7% to reach 103.4. BTC -2.55% is up 1% today, stabilizing at $43k after volatile price action from last weekâs spot ETF launches, which saw it rally to $49k only to fall 15% to...
CFTC Wins Lawsuit Against Ooki DAO, Solana Foundation and Polygon Labs Argues Against Securities Classification
Equity markets edged higher ahead of a key week where investors await key inflation data and the Federal Reserve's interest rate decision. May's CPI data comes out tomorrow, while the next FOMC meeting is on Wednesday. SPX and QQQ are trading 0.2% and 0.5% higher than Friday's close, while NDAQ is down ~11% after announcing a $10.5b acquisition of Adenza, a software provider for banks and brokerages in a cash-and-stock deal....
SEC EMPTIES THE CHAMBER It’s only Wednesday, but the SEC has pulled out the big guns. Conveniently following the release of a rather comprehensive crypto oversight bill by the House Financial Services Committee on Friday, the SEC dropped their mightiest hammer to date on the crypto industry. On Monday, the SEC took legal action against Binance, accusing the exchange of offering unregistered securities to the public. The SEC's lawsuit alleged...
Brazil Legalizes Crypto as Payments, North Korea Reported to Be Behind $1.2b in Hacks
The modest 0.1% rise of Personal Consumption Expenditure (PCE) price index and 0.4% increase in personal income spending in November buoyed markets this morning, with SPX (+0.4%) and QQQ (+0.2%) trading higher from open. Given PCE is the Fed's preferred gauge of inflation, the data further supports the Fed's winning battle against rising prices amidst a tight labor market. Digital asset markets are exhibiting lower correlations of late, with BTC -2.55% ...
IDIOSYNCRATIC OPPORTUNITIES ABOUND The euphoric part of the bull market for crypto was largely about finding the fastest horse paired with one’s relative risk appetite. Unfortunately, in a bear market, most horses, notably the weaker or tired ones, no longer want to race. However, the past few months have revealed that ample opportunities exist to find the few horses that have some giddy-up in them. The two environments require fundamentally...