GM Lark Traders. This is Lark Digest, the trading newsletter that’s more of a nail-biter than last night’s Super Bowl.

On the menu:

• More firms freak out over the weekend 🙃 

• Breaking down the week ahead 📈 

• A prop firm owner goes streaking at the Super Bowl? 🙄 

• Jack Dorsey is looking Bitcoin Bullish 🤑 

MORE RESTRICTIONS ON US TRADERS? 🇺🇲

If not singing the national anthem at the Super Bowl didn’t upset enough Americans, some recent updates over the weekend likely put US traders over the edge.

Last week was a major one for the industry with:

1/ Funded Engineer receiving fraud allegations. They’ve recently updated that they should be back up and running this week.

2/ Metaquotes potentially cutting off US traders. So far, firms are no longer offering Purple Trading as a result and are pivoting to other brokers.

But of course, the story isn’t over, and this weekend, we got some more updates.

1/ Funding Pips cuts off US traders. Their CEO, Khaled, made the following comment on Sunday.

2/ Maven Trading does the same. However, in their original announcement, rather than banning new US clients, they said that only “US IP addresses will no longer be supported.”

If they’re concerned about regulatory issues, then what’s an IP change going to do?

Of course, everyone thinking the same, the internet went wild with it.

The Lark Report:

• Just like we saw with My Forex Funds, lots of companies are having knee-jerk reactions.

• This week will likely be a wild one, with more changes to come.

• As always, it’s business as usual at Lark Funding. None of this impacts us. We’ve planned for this and will adapt as needed.

THE WEEK AHEAD 📈 

If all this prop news has got you stressed, don’t worry. We’ve got a pretty light economic calendar this week.

In our eyes, it’s really only Tuesday and Wednesday that need to be watched closely.

Here’s why:

• On Tuesday, we’ve got the GBP Unemployment Rate and the US Inflation Rate at 8:30 am. For GBP and USD traders, these events will likely move the market, so stay safe.

• On Wednesday, we’re looking at the European and Australian Unemployment Rates. Mark your calendar if you’re trading the AUD or EUR.

So, if you’re disappointed in the light calendar this week, don’t worry. At Lark, we’ve always got you covered.

This next story might give you the shock you’re looking for…

A PROP OWNER GOES STREAKING? 🤢 

If you’ve ever wondered why this industry can sometimes receive a bad reputation, look no further than FXAlexG, a trading influencer and owner of Rocket 21 Challenge, an evaluation firm.

Alex has been in the spotlight before with his controversial videos, but not on a national level like we saw last night.

That’s right. During the Super Bowl, do you remember seeing somebody run across the field shirtless?

Cue Alex.

At Lark, we try not to step on anybody’s toes.

But it needs to be said: This is ridiculous.

Would you invest or park your money at Bank of America if their CEO went running across the field?

No, you wouldn’t.

Sure, maybe all publicity is good publicity.

But one thing is for certain: Professionalism is at an all-time low.

JACK DORSEY IS BITCOIN BULLISH 🚀

What’s more exciting than Taylor Swift being at last night’s Super Bowl?

Jack Dorsey, the former CEO of Twitter. And what made it so exciting?

That’s right, sporting a Satoshi shirt got the entire Bitcoin community pretty hyped.

And they have reason to! If you didn’t see, over the weekend, Bitcoin jumped to just under $49,000.

Keep those diamond hands strong, baby.

PS: Edward Snowden is looking pretty bullish too.

DIGESTIBLE MEMES 🍪 

ACTIVE GOODIES? 😏