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As bitcoin (BTC) continues to fall lower, CoinDesk Markets Managing Editor Brad Keoun and Regulatory Reporter Cheyenne Ligon discusses this week's crypto roller coaster following the implosion of FTX, as CEO Sam Bankman-Fried steps down. Where did it all go wrong, how is it different from other crypto blowups, and what does this mean for the future of the industry?
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FTX, once one of the largest crypto exchanges in the world, filed for Chapter 11 bankruptcy protection in the United States. "All About Bitcoin" host Christine Lee breaks down how it all happened.
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Binance is setting up an industry recovery fund to help rebuild the space amid FTX contagion fear. Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative. Meanwhile, Bloomberg reports that Treasury Secretary Janet Yellen the FTX fallout "shows the weaknesses of this entire sector." The Hash group discusses the latest developments. Site: https://www.coindesk.com Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/3104779/admin Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
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#bitcoin #crypto #cryptocurrencies If you like this video, one of the best ways you can support us is by dropping a like ? And consider sharing it with a family or friend member. But above all, stay safe out there everyone. Want to support the channel: Sign up for the DashReport ?➡️ http://nicholasmerten.com/dashreport/ Use Code: DATADASH20% to get 20% off from our partner BookMap ?? https://bookmap.com/members/aff/go/DataDash?i=55 Support us on Patreon ?➡️ http://patreon.com/data_dash Want a DataDash hoodie? ?➡️ https://merch.nicholasmerten.com/ ? Looking to file crypto taxes? Check out TaxBit: https://app.taxbit.com/invite/DataDash/ ? Interested in price data? Check out CoinMarketCap: https://coinmarketcap.com/?utm_source=youtube&utm_medium=video&utm_campaign=datadash ---------------------------------------------------------------------------------------------------------- If you want me to be able to contact you in case of further issues, here's our email list: https://forms.gle/ADorNSFkkGbggJHY6 What are your thoughts on what we discussed? Feel free to leave a comment below! Thank you all so much for watching the video. If you enjoyed the video, please consider dropping a like, subscribing, and ringing the bell icon. Join our community channels! ---------------------------------------------------------------------------------------------------------- Telegram Alerts | https://t.me/Data_Dash Telegram Discussion | https://t.me/datadash Discord: https://discord.gg/S7MtTcB ---------------------------------------------------------------------------------------------------------- ? For advertising, consulting, speaking, or other business inquiries reach out to us at: http://nicholasmerten.com/advertising/ Alternatively, feel free to reach us at: [email protected] ---------------------------------------------------------------------------------------------------------- WARNING: *I WILL NEVER PURSUE PROJECTS THROUGH TELEGRAM OR OTHER SOCIAL MEDIA OUTLETS. CONTACT MY EMAIL LISTED BELOW FIRST AND THEN VERIFY MY IDENTITY THROUGH A VIDEO CALL BEFORE MOVING FORWARD WITH SPONSORSHIPS. THERE ARE MANY SCAMMERS IN CRYPTO. EMAIL SPOOFING IS RAMPANT, SO VERIFY MY IDENTITY THROUGH VIDEO* *BEWARE OF SCAM COMMENTS REQUESTING YOU TO SEND FUNDS. THESE ARE IMPERSONATORS, AS WE WILL NEVER REQUEST YOU TO SEND PAYMENTS* Disclaimer: DataDash ("Company") and The Dash Report are not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers or viewers should buy or sell for themselves. All information is for discussion and educational purposes only. The independent contractors, employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and cryptocurrencies. The Company assumes no responsibility or liability for your trading results. Factual statements on the Companies outlets are made as of the date stated and are subject to change without notice. It should not be assumed that the methods, techniques or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by the Company are not indicative of future returns by that trader or system and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of the Company's products (collectively, the "information") are provided for informational and educational purposes only and should not be construed as investment advice.
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Bitcoin (BTC) and other cryptocurrencies sharply fell on the news that troubled crypto exchange FTX is filing for bankruptcy and CEO Sam Bankman-Fried is resigning from the company. FTX US also froze crypto withdrawals, sending millions in assets to bankruptcy limbo. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
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