Disruption Banking Weekly Highlights (17)

After another busy week, it’s time to catch up on the latest news from #DisruptionBanking!

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Adéníyì Mákindé started the week with an analysis of the Wormhole ($W) cryptocurrency. Wormhole plays a crucial role as a blockchain bridge facilitating connectivity between different blockchain networks. But how will this play out in terms of its value on crypto markets? Adeniyi explores:

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Harry Clynch nch then looked at India’s upcoming inclusion in JPMorgan’s emerging market debt index. Speaking to Anubhav Sahu and Harsh Agarwal in India, Harry explored whether the inclusion could boost the Indian rupee and other Indian financial markets.

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We then looked into the concerning trend on markets – increasing numbers of hedge funds are taking excessive risks on mortgage bonds and related securities, in an echo of the 2008 financial crisis. While regulators now appear to be better prepared to curb this risk-taking, we explore the potential risks here:

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Harry covered the return of the GameStop phenomenon, with the return to social media of “Roaring Kitty” who drove the initial hype in 2021. The GameStop stock has now made massive gains on markets once again, reemphasising the new power possessed by retail investors as trading becomes increasingly democratised.

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Adeniyi also explored the potential market trajectory of Avalanche (AVAX), which has emerged as a standout performer with an 8% surge in recent trading sessions following the announcement of its collaboration with Stripe. Could the crypto surge further in the months ahead?

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Finally, Harry analysed the news that the famous hedge fund manager Michael Burry has ramped up his best on Chinese technology stocks, taking a contrarian position to the wider market which has appeared to write China off. Does Burry’s trade suggest that China’s stock market declines are an opportunity to purchase potentially undervalued Chinese stocks?

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Make sure to check back next week from more from the #DisruptionBanking team!