finance
Finance in all its forms 🌷
Ridham🎩 pfp

@ridham

Time to cut rates
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@lsn

More than a fifth of US homeowners now have a mortgage rate above 6%
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@lsn

JP Morgan launching its own dollar is fascinating. It was only a few centuries ago that each bank had its own coin. The Bank of England was given the exclusive right to print bank notes only in 1844, and UK banks were printing Pound sterling barely 100 years ago, as recent as 1921. Now we seem to be heading back.
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@ridham

💥BREAKING: A WHALE IS LONG ON #BITCOIN WITH $136 MILLION AT 40X LEVERAGE WHAT DOES HE KNOW? 👀
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@ridham

💥BREAKING: BLACKROCK JUST BOUGHT 27,537 $ETH WORTH $49.95 MILLION HERE WE GO! 🚀
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@ridham

Don't give me hopes
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@ridham

TRUMP JUST POSTED THIS HE WANTS POWELL FIRED 🤯
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@ridham

🚨 BREAKING 🚨 $OM JUST CRASHED -77% LOSING $3.5 BILLION IN MARKET CAP.
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@lsn

All of us here have been aware that credit defaults have been rising for a while. But the fact this is now a headline item in major news papers is a signal in itself.
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@ridham

Black Monday Global Stock Markets Witness Historic Crash Today 🚨 Here’s how major markets performed: 🇭🇰 Hong Kong: -10.7% 🇹🇼 Taiwan: -9.6% 🇸🇬 Singapore: -7.8% 🇨🇳 China: -6.5% 🇯🇵 Japan: -6.1% 🇲🇾 Malaysia: -4.3% 🇦🇺 Australia: -4.2% 🇵🇭 Philippines: -4% 🇮🇳 India: -3.8% 🇳🇿 New Zealand: -3.6%
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@sunnydelight

On one hand, glad that this will make it easier for innovation and growth, possibly easier to integrate stablecoins into payments. On the other, who’s going to protect investors/consumers and who’s going to verify the reserves are real and liquid? Doesn’t have to be the SEC but there’s gotta be something: https://www.sec.gov/newsroom/speeches-statements/statement-stablecoins-040425
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@benersing

Lots to unpack in @undefined 's S-1. If you want a "quick" high-level version, read: - Founder's Letter (p.1) - Prospectus Summary (p. 10 - 24) - Summary Consolidated Financial Data (p.32 & 33)
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@benersing

Inspiring start to an S-1 filing. Well done @jerallaire and @undefined team.
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@lsn

Tesla stock mean reversion?
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@benersing

St Louis Fed finds ~4.3% of Americans own crypto. So much opportunity still ahead! https://www.stlouisfed.org/on-the-economy/2025/mar/cryptocurrency-ownership-us-households
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