Philip Stafford
@staffordphilip.bsky.social
Reporter at the Financial Times https://bsky.app/profile/financialtimes.com.
Bits of UK retail, markets, bits of market structure, bits of crypto or mix of all of them.
If you've been spammed in your DM with a crypto scam, it's not me.
Bits of UK retail, markets, bits of market structure, bits of crypto or mix of all of them.
If you've been spammed in your DM with a crypto scam, it's not me.
The argument ran that "these are historic/Tether has changed since 21/high interest rates mean they earn loads and so are now legit". That may all be true but there's never proof and always more questions.
November 26, 2025 at 6:24 PM
The argument ran that "these are historic/Tether has changed since 21/high interest rates mean they earn loads and so are now legit". That may all be true but there's never proof and always more questions.
I don't know if this is particularly controversial! Correct take of course.
November 26, 2025 at 6:22 PM
I don't know if this is particularly controversial! Correct take of course.
RH is the big driver of Kalshi volumes and SIG as the partner tells you where this market is heading. Your 'fun sports bet' will likely have a HFT on the other side. Unsurprisingly $HOOD shares up 8%; not good news for Kalshi.
November 26, 2025 at 3:03 PM
RH is the big driver of Kalshi volumes and SIG as the partner tells you where this market is heading. Your 'fun sports bet' will likely have a HFT on the other side. Unsurprisingly $HOOD shares up 8%; not good news for Kalshi.
No, nowhere near. Drops like May 21 were far more volatile for the market as a whole.
Think it's the duration of selling here. I don't think it was this sustained post Nov 21 peak.
Think it's the duration of selling here. I don't think it was this sustained post Nov 21 peak.
November 21, 2025 at 11:02 AM
No, nowhere near. Drops like May 21 were far more volatile for the market as a whole.
Think it's the duration of selling here. I don't think it was this sustained post Nov 21 peak.
Think it's the duration of selling here. I don't think it was this sustained post Nov 21 peak.
Reposted by Philip Stafford
One of the biggest downsides of social media is that it made a rake of deeply unimpressive young US journalists (using that term loosely) brands that people took/take way too seriously and now we’re just stuck with them
November 17, 2025 at 4:57 PM
One of the biggest downsides of social media is that it made a rake of deeply unimpressive young US journalists (using that term loosely) brands that people took/take way too seriously and now we’re just stuck with them
Fwiw, only CZ has been pardoned by Trump, not Binance the company. Not yet, anyway.
November 17, 2025 at 3:13 PM
Fwiw, only CZ has been pardoned by Trump, not Binance the company. Not yet, anyway.
Probably the key part is this
November 17, 2025 at 10:38 AM
Probably the key part is this