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Home Cryptocurrency

And the winner is . . .  | Financial Times

by admin
September 4, 2023
in Cryptocurrency
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And the winner is . . .  | Financial Times
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OK, Friday’s charts have been maybe a bit too fiendish. We wished them to be difficult in order that we wouldn’t have to choose a winner from a dozen appropriate entries, however it turned out that nobody utterly nailed all three.

Listed below are the right solutions:

Column chart of  showing First chart

This reveals UBS’s quarterly internet earnings for the reason that Nineteen Nineties. It may thank Credit Suisse for the accounting gain that produced that final spike.

Line chart of  showing Second chart

This reveals the share worth of the Grayscale Bitcoin Belief after a choose dominated that the SEC was wrong to reject Grayscale’s utility to show it into an ETF.

Line chart of  showing Third chart

And this confirmed the general short interest of hedge funds in US Treasuries, going by CFTC data. Maybe unsurprisingly, this one was the toughest chart to guess, and just one individual received it proper: Oliver Felix from Swiss Re.

Oliver nailed the primary chart as effectively, and solely did not get an ideal document by guessing that the second confirmed the worth of bitcoin in $’000s after the GBTC ruling, relatively than GBTC itself. However having mentioned this inside FTAV Towers, that’s nonetheless shut sufficient to earn him the t-shirt. So congratulations to Oliver!

The subsequent charts quiz will land round noon UK time on Friday, and we’ll attempt to make it (reasonably) simpler.



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