FTX Token is now down 92% from its All-Time-High
FTX was rocked by the collapse of FTX Empire & the drama over potential acquisition of FTX by Binance. FTX was a huge player. According to CoinGecko, FTX was the 4th-largest crypto exchange by volume. Source: Bloomberg, FTX
Ukraine’s Zelensky Sets Conditions for ‘Genuine’ Peace Talks With Russia - WSJ
Ukrainian President Volodymyr Zelensky said he was open to “genuine peace talks” with Russia, following pressure from Western backers to signal readiness for negotiations amid concerns about the rising costs of the eight-month war.
China Developers Soar as State Help Fuels Bets on Market Bottom
Source: - Bloomberg
China Producer Prices in Deflation for First Time Since 2020
Source: Bloomberg
ECB also lags behind other Central Banks in terms of QT
ECB balance sheet remains almost unchanged last week. Total assets stand at €8,761.7bn, equal to 80.9% of Eurozone GDP vs Fed's 33.8% and BoJ's 127%.
Tesla stocks keep falling due to Twittermess
Tesla is now worth <$600bn Source: Bloomberg
FTX was the third-largest crypto exchange in spot volume.
How other exchanges can survive and compete against Binance? Source: Ki Yong Lu
Private stress becomes public
5 of 6 private market fund categories (tracked by @Burgiss) registered negative net commitments in 3Q22 (investors had to put more money in than came back as returns); buyout funds w/ largest gap at -$7.7B, most since 2Q20. Source: Bloomberg, Liz Ann Sonders
