According to Farside Investors, the newly released F-1 filing from Bullish shows that the company's operating business recorded losses in 2022, 2023, and 2024 when excluding the change in fair value of cryptocurrency assets (source: Farside Investors). This information is crucial for traders as it highlights the underlying operational performance of Bullish beyond crypto market fluctuations, signaling potential risks for investors evaluating the company's fundamentals.

According to The Kobeissi Letter, the Federal Reserve reported a $77.6 billion operating loss in 2024, which follows a significant $114.3 billion loss in 2023. Since Q4 2022, the cumulative operating losses have amounted to a staggering $224.4 billion. This situation arises as the central bank has disbursed hundreds of billions, impacting its financial stability and potentially influencing monetary policy decisions that could affect trading conditions.

According to The Kobeissi Letter, the Federal Reserve reported a -$77.6 billion operating loss in 2024, following a -$114.3 billion loss in 2023. Since Q4 2022, the cumulative operating losses have reached -$224.4 billion. This significant financial strain may impact monetary policy decisions and market conditions, influencing trading strategies across currency and bond markets.