Sunday, November 17, 2024
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Sam Bankman-Fried’s FTX Spurred Almost $300M Loss for Crypto Market Maker Jump Trading, Michael Lewis Says in ‘Going Infinite’

The book says Jump was “near the top” of the list of FTX’s 50 “biggest accounts whose owners had been unable to remove their money from the crypto exchange,” Lewis wrote. Jump Trading lost $206 million while its affiliated trading firm, Tai Mo Shan Ltd., lost more than $75 million,

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Peloton (PTON) Shares Jump 15% on Content and Apparel Partnership with Athletic Clothing Retailer Lululemon

Both Peloton and Lululemon will partner for 5 years as they hope to exchange benefits to help support the exercise and athletics businesses. American exercise equipment and media company Peloton Interactive Inc (NASDAQ: PTON) has partnered with Canadian athletic apparel retailer Lululemon Athletica Inc (NASDAQ: LULU). The two companies have officially entered a partnership that

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Bitcoin price reacts as 3.7% CPI sees inflation jump beyond forecasts

Bitcoin (BTC) saw snap volatility on Sept. 13 as United States macroeconomic data showed inflation beating expectations.BTC/USD 1-hour chart. Source: TradingViewFuel, shelter boost August CPI beyond targetData from Cointelegraph Markets Pro and TradingView followed BTC price action as it threatened a fresh loss of the $26,000 mark. The Consumer Price

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