Late Stage Mature Pre IPO Unicorns -

China Declares All Virtual Currency Transactions “Illegal”, Sending Crypto Prices Tumbling

By Tyler Durden, China expanded its escalating crackdown on cryptocurrencies on Friday when its central bank declared that all activities related to digital coins are “illegal” and must be banned. In a statement the People’s Bank of China said the latest notice was to further prevent the risks surrounding crypto trading and to maintain national security and[…]

First Weekly Outflow From Stocks In 2021

By Tyler Durden, After a tremendous stretch of non-stop weekly inflows into mutual funds and related investment products since before the start of 2021, the latest week showed net selling of equities for the first time this year. According to EPFR, net flows into global equity funds turned negative in the week ending September 22[…]