Ensemble

Summary Is the USD under threat by other nations' recent moves? A number of high profile people have co-signed a letter calling for a pause to AI  systems with human-competitive intelligence, which pose risks to society and humanity. Virgin Orbit has fallen back down to earth as it fails to raise funding.  The CFTC has instituted a suit against Binance for unregistered crypto derivative produc...

Its been 2.5 weeks since SVB collapsed so let’s take stock of what has happened to American and European Banking - and more importantly look into what’s next. Hindenburg gave the kiss of death to Jack Dorsey’s company Block. The SEC continued their war on crypto, going after Coinbase, Justin Sun and a host of celebrities for endorsing crypto projects. The most hyped crypto airdrop Arbitrum was all...

Is American banking on the verge of collapse? Are we heading towards hyperinflation? The contagion has spread to Europe. GPT-4 is released! The most anticipated crypto airdrop of the year is coming for Arbitrum Join our ensΞmble on Twitter and Instagram for more juicy tidbits https://twitter.com/ens_mble   https://www.instagram.com/ens3mble_/?hl=en

We breakdown the SVB saga, including what has happened, who the biggest losers are, what the impact on the market is, and what should happen next.  Join our ensΞmble on Twitter and Instagram for more juicy tidbits https://www.instagram.com/ens3mble_/ https://twitter.com/ens_mble

The traditional markets saw minor movements this week, whilst the crypto news dominated the markets. Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions. FTX finds only 1 BTC out of 1,591 custo...

The recently released Fed minutes indicate a willingness to consider higher interest rates as a potential solution to address inflation concerns. What are the takeaways from the FOMC meeting? Berkshire Hathaway posted a $30.8 billion operating profit but a $22.8 billion annual net loss. The Mormon Church has been fined by the government for using shell companies to conceal a $32 billion investment...

Meta verified is here! “Meta Verified” will grant users a verified badge, increased visibility on the platforms, prioritized customer support, and more. But is Facebook taking another stab at Apple by launching Meta Verified at $11.99 per month on web and $14.99 per month on iOS? Opensea’s monopoly may be at an end, as Blur's long-awaited airdrop took place this week. Was it as successful as plann...

Google has entered the AI fight with Microsoft, releasing their competitor to Chat GPT3 - Bard. But the launch didn’t go as expected. Don’t bet against Zuck and Meta who have had a huge recovery. What is Meta’s strategy now? The Chiefs are not simply taking on the Eagles in the Super Bowl, as ad spend remains a key headline. How have adverts increased over the years? The SEC bans staking for US in...

Gautam Adani lost $60 billion in a flash. In a few days, the Adani Group's market cap dropped by $25 billion. How did this happen? Whilst interest rates have increased, 517,000 jobs have been added to the US economy, with record low unemployment rates.  Bitcoin ETFs continue to be rejected by regulators, but Bitcoin NFTs are on the risk. Is this a good sign?

Argentina and Brazil wanted to create a common currency, reportedly called the sur. Is this a good idea? Citadel is the most profitable hedge fund, reaching $16 billion! Have any other hedge funds reached this profit? January has been a good month for Aptos, with a 6x price. But what is Aptos? Dean and Tim look at the market sentiments and discuss what stands out in January 2023. 

The WEF has ended, but what is the outcome of it? The USA debt ceiling is currently at $31.4 trillion with the interest being $210 billion. How is the USA manoeuvring around this debt ceiling? SBF’s donations have come into the spotlight, again. DCG’s subsidiary, Genesis, has filed for bankruptcy. How has Gemini reacted? Crypto is up, but the Nasdaq, S&P and DOW are down.

Web 2 scams are back! JP Morgan gets rugged for $175 million after purported allegations that over 70% of Frank's accounts are fraudulent.  Inflation continues its downward trajectory. Did you predict this? 4 of the largest crypto companies layoff more than 20% of their workforce. The SEC tries to play the white knight as they step into a big crypto legal battle. But why they stepping in at t...

Welcome to 2023 Ensemblers! It was a quiet time over new years. In fact, Bitcoin was historically flat. Openai becomes the 5th most valuable private company in the world. Crypto legal drama with SBF pleading not. The guys get their crystal ball out with the 2023 predictions!

Congress deliver a $1.7 trillion Christmas present . SBF is officially in US custody - now that is a Christmas present! We give our closing remarks on this rollercoaster year.

Christmas spending has been positive this year despite the general economic downturn. The final inflation numbers of 2022 come in for the year. Binance fail their proof of reserves audit, causing massive outflows and a stress test on the world’s largest crypto exchange. Who is the hero and who is the zero? Former President Donald Trump missed the memo of NFTs being dead, as he releases a 45,000 Tr...

OpenAI becomes the quickest company to reach 1 million users. It took them just 5 days! 😲 The final CPI print of the year is coming this week. What does this mean for us? Starbucks releases Odyssey, their new ‘NFT’ loyalty program, but how big is Starbucks current loyalty program? Twitter continues poking at Apple, by charging a 30% markup for the Twitter Blue on iOS devices.  Coinbase have...

OpenAI’s GPT-3 chatbot has taken the technology world by surprise, as they released a user-friendly version. Have a play here https://beta.openai.com/playground  The world is waking up to Apple taxing 30% on every transaction made in the Apple store. Sam Bankman-Fraud has become a media ‘darling’ instead of being locked up after his $8 billion accounting fraud. DeFi continues to make tremendo...

The FTX saga continues to remain a key issue, as Alameda Research’s CEO purportedly flees to Dubai, SBF’s political donations come under scrutiny and influencers travel to the Bahamas and try take matters into their own hands. Exchanges are publishing proof of reserve data after the recent bankruptcy sagas, but is this enough to gain users trust? DeFi has shown its resilience with Aave and Curve s...

The FTX house of cards continues to unravel and cause pain across the market. Who will survive, who will raise urgent funds, and who will get caught in a bank(man)-run? Elizabeth Holmes has been sentenced to 11 years imprisonment, but will she appeal her sentence? The most expensive soccer World Cup in history has kicked off, but who is the actual winner?

FTX, once valued at $32 billion, has now filed for bankruptcy, after it illegally mishandled customer funds. Is FTX the Enron of 2022, or worse?  If you thought crypto news couldn't get any worse, think again. FTX has also been hacked...but who could it be?  In other news, a deceleration in CPI inflation ignited the most intense rally on Wall Street since early 2020. 

The fed tightens further while we see the worst week for tech layoffs in 2022. TradFi and tech giants are pushing crypto mass adoption. Get ready to scroll on Instagram and see NFTs.

Is the US finally out of the ‘technical’ recession? The four biggest entrepreneurs of the modern generation had a WILD week. All eyes are on Reddit in the crypto and NFT world 👀 Join the ensΞmble https://twitter.com/ens3mble https://www.instagram.com/ens3mble_/?hl=en

Netflix stock and subscribers soar, but it isn’t all good news for consumers! The most hyped crypto project of 2022 launched, but ws Aptos a hype or failure? Whichever it is, our prayers go out to our UK ensemblers after Liz Truss’ 45 day stint. Join the ensΞmble https://twitter.com/ens3mble https://www.instagram.com/ens3mble_/?hl=en

SeptemBEAR may be over, but the Fed didn’t get the message! Inflation results are in and they are NOT pretty. Zuck releases his latest VR innovation as an explosive metaverse report hits the market. Finally, Dean and Tim look back on the first month since the Eth Merge. Join the ensΞmble https://twitter.com/ens3mble https://www.instagram.com/ens3mble_/?hl=en

SeptemBEAR may be over, but Celsius has failed to unbank you(rself), as they released a 14,532 page document, detailing all of their customers highly personal information. This ludacracy is not too dissimilar from PayPal, who released (and quickly withdrew) an update to their acceptable user policy, which gave them “sole discretion” to fine users over misinformation. But there is light at the end...