22 min listen
1100: FTX HAS OFFICIALLY FILED FOR BANKRUPTCY!! JPMORGAN THINKS BITCOIN COULD PLUNGE TO $13K!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
1100: FTX HAS OFFICIALLY FILED FOR BANKRUPTCY!! JPMORGAN THINKS BITCOIN COULD PLUNGE TO $13K!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
35 minutes
Released:
Nov 11, 2022
Format:
Podcast episode
Description
Crypto exchange giant FTX has officially filed for chapter 11 bankruptcy as rumors continue to fly surrounding Sam Bankman-Fried and the fall of his FTX Empire. JPMorgan thinks Bitcoin (BTC) could plunge to $13K following the FTX Crisis.
“What makes this new phase of crypto deleveraging induced by the apparent collapse of Alameda Research and FTX more problematic is that the number of entities with stronger balance sheets able to rescue those with low capital and high leverage is shrinking.”
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“What makes this new phase of crypto deleveraging induced by the apparent collapse of Alameda Research and FTX more problematic is that the number of entities with stronger balance sheets able to rescue those with low capital and high leverage is shrinking.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Nov 11, 2022
Format:
Podcast episode
Titles in the series (100)
599: BITCOIN HITS STOCK-TO-FLOW REBOUND LEVEL NOT SEEN SINCE 2017 ATH!! CRYPTO TO TRANSFORM 4 INDUSTRIES!: Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows. Both 2013 and 2017 ultimately saw a two-tier run to an all-time high. The first peak was followed by a significant drawdown in each instance,... by Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News