Tag: FTX

FTX-HFT contagion?

The initial reaction from traditional financial markets to the sudden bankruptcy of cryptocurrency exchange FTX was dismissive. But could high-frequency trading (HFT) firms be the vector for contagion from crypto […]

Third-largest stablecoin loses its dollar peg

Terra, the third-largest stablecoin by market size, is trading at a discount to its dollar peg after heavy investor selling that threatens broader contagion effects. With a market capitalisation of […]

Why does bitcoin cost more in the future?

Last year commodity giant Glencore pocketed $1.3bn through a clever trade it made when oil prices briefly went negative. Amidst the coronavirus shock to global trade flows, tankers idled, crude […]

Taking the difficulty out of bitcoin

Bitcoin mining is one of the riskiest industries in the world. Now a new financial product aims to make the activity a little less dangerous. Hashrate futures, launched last week […]