13th MAY 2022 / Anthony cheung


The price of bitcoin briefly fell below $26,000 this week, hitting its lowest level in 16 months. The move came after a collapse in Luna as TerraUSD struggled to regain its Dollar peg. Find out what purpose these 'algorithmic stablecoins' serve, what caused them to break down, and what it means for institutional adoption going forward.

We also catch up on what has been another brutal week across the asset class spectrum with YTD losses in the Nasdaq 100 now over 27%, and find out why Italian Prime Minister Mario Draghi wants to set up his own cartel!

Daily newsletter
Take a Finance Accelerator simulation

Connect with Anthony
Connect with Piers

Your Daily Markets Newsletter

Academic knowledge is not enough, you need to know what's happening in markets today!

From analysis on the latest news to insights across Wall Street and career tips to help you secure your future role in finance.