Ben Floyd - Head of Execution Services
Greg Sutton - Senior CES Sales Trader
Georg Toropov - Senior CES Sales Trader
Sid Shekhar - Blockchain Research Manager
Sarah Williamson - Prime Financing Trader
At a glance
It’s been a busy week and while Bitcoin is up sharply, it has traded in a 35% range, wide even by Bitcoin’s standards.
Georg and Greg saw flows that they never thought they’d encounter and Sid talks through how DeFi protocols had their fundamental principles questioned. We talk about what’s next and how we in crypto can rely less on the frailties of a legacy banking system.
On CPI, David runs us through what this means to markets and what he’s looking out for in next week’s FOMC. Most importantly, what does the Fed think about the financial stresses of last weekend?
Finally, Sid runs us through the potential bear case for ETH ahead of the Shanghai (+Capella) upgrade and the supply that may hit the market.