troy gayeski. this might be the year where success or failure is determined by whether or not he had a meaningful position in bitcoin, similar to how the 2007 success was driven by meaningful subprime short exposure. troy gayeski of sky bridge capital -- we should have kept him another 10 minutes. this is bloomberg. ♪ >> with the first word news, i am ritika gupta. it will take longer to free the giant container ship that is blocking the suez canal. bloomberg has learned it will take at least until next wednesday and maybe longer. at first it was believed the operation would take a few days. there is concern the blockage will disrupt global supply chains covering everything from oil to grain to cars. the fed is signaling an end to pandemic-era restrictions that dragged on financial stocks. banks have cleared the second round of stress tests and will be allowed to resume dividend increases at the end of june. limited stock buybacks also will be lifted. wework has agreed to a blank-check company deal

this is what troy guy ascii -- troy gayeski was saying last week, of skybridge.t makes sense for bitcoin to rise in tandem with rising yields and expectations of more spending for the united states. tom: what i see in the bank uproar, the margin call uproar is what we don't know. there's a lot of news flow today, but what don't we know right now? jonathan:jonathan: we still don't know what the bank's new -- what the banks knew. it leads to one tricky question. if they knew a lot, what were they doing? if they didn't know, why didn't they know. if the sec gets on the phone, no one questions what they are asking. tom: lots of different essays on this. one just posting on bloomberg. the basic theme is we have seen it before, but it does seem to be contained. jonathan: so far, but what is curious about this, and i do think it is important, this happened in a pretty normal market. no sign of stress. no abnormal events took place, and yet something broke. that's how you learn about how loaded things were to the side of the boat. that is natural of any bull market. leve