Looks like #ussd #tron may be the next shit #crypto #coin to #fail https://old.reddit.com/r/Buttcoin/commen.. Apparently this is #contagion from #ftx and #alameda !
Watch #grayscale #bitcoin closely, they are selling #btc at an impossible #discount https://www.zerohedge.com/markets/graysc.. These are literally operating at a loss: https://www.coindesk.com/markets/2022/11.. I'll be watching the #stock very closely indeed: https://finance.yahoo.com/quote/GBTC?p=G.. Looks like more #ftx #contagion !
The #ftx first day of #bankruptcy #declaration , and it's *bad* https://twitter.com/kadhim/status/159322.. The guy who cleaned up #elron 's mess was #shocked by what he saw. He claimed that of the little #paperwork they had, it's the worst he had seen. The #contagion from this will be very real. #ftx was the #crypto #company that #bailedout the other #crypto #companies , likely as a way of #washing their own bad #finances .
#mainstream #media is just starting to catch up on this #ftx #crypto #contagion https://www.axios.com/2022/11/17/crypto-.. It's really going to spread everywhere...
Yeah, #crypto is #decoupling from #spx - with no signs of slowing down: https://www.zerohedge.com/crypto/ftx-isn.. It's quite likely that #ftx will cause mass #contagion throughout the #crypto #markets now.
#sequoia , who was holding $214 #million #dollars in #ftx , is now being treated as $0 , putting #sequoia under pressure: https://www.businessinsider.com/ftx-inve.. This might set in the #contagion effect.
The #ftx saga keeps getting worse, with 130 #companies #filing #voluntary #proceedings https://www.zerohedge.com/markets/ftx-fi.. This could see a #contagion across multiple #markets and generally cripple #market confidence in all #crypto #coins . #tether is still #depegged from the #us #dollar - and the #us #dollar is currently performing poorly.
Looks like the #collapse of #ftx will cause #contagion across #crypto #coins according to #jpmorgan https://www.zerohedge.com/markets/jpmorg.. Worse still, given the fact that #traditional #finance are #invested in #crypto , this could even bleed across #markets too. Oh very dear.
@barray on Wed Sep 14 18:29:15 UTC 2022 said: &eLooks like the #german #energy #crisis now has #contagion as more #energy #suppliers are looking to be #nationalized https://www.zerohedge.com/markets/german.. The problem here is that I don't think the #german #government even has the #resources to run these large #suppliers .Okay... The #german #naturalgas #importer #uniper might be #nationalized as the #energy #crisis worsens: https://www.zerohedge.com/commodities/ge.. Things are certainly getting worse.
Seems like #china may have a #contagion in their #property #market as they #report lower #profits as more #money goes back into #failed #investments and the #chinese #people become #wary https://www.zerohedge.com/markets/chinas.. Imagine paying a #loan for a #property that hasn't been built yet, whilst the #developer #builds new #properties and not yours!
@barray on Thu Nov 11 03:24:53 UTC 2021 said: &eAnd really believe that this #chinese #property #market #contagion is setting in: https://www.zerohedge.com/markets/china-.. #china 's #ccp will have a hell of a time controlling this. Many people are #predicting that they may #reflect #criticism of their #economy outwardly towards #taiwan and the #us ...The #chinese #property #market giant #evergrande is burning the remainder of its #liquid #assets just to pay off the #interest on their #debt https://www.zerohedge.com/markets/evergr.. I suspect that #china 's #ccp have them a tap on the shoulder to buy more #time whilst they try to address this mess. There is no way out of it. *Watch this space.*
Hmm, it looks like #china 's #junk #bonds might be about to hit rock bottom, especially after multiple #property #market #defaults and #contagion sets it: https://www.zerohedge.com/markets/china-.. Apparently #chinese #properties are down 32% in #value - making up some third of China's #economy ... Not looking good at all.
The story of #evergrande and the #chinese #stock #market is not quite over just yet, it appears that there is still a *very* real possibility of #contagion https://www.zerohedge.com/markets/defaul.. This time it's #property #developer #fantasia - this time with #liabilities of close to $13 #billion on the books.
Another #chinese #property #developer appears to be going under, this time by the name of #sunac https://www.zerohedge.com/markets/we-fac.. This very much looks like the early stage of #contagion ... The #shanghai #stock #exchange crashed again over the #weekend in #reaction - I really suspect this #crypto #ban is to stop people getting their #investments out of the #chinese #economy !