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The Financial Summit Dubai Nov 5-10: https://TheFinancialSummit.com BitGet Affiliate for Demo Trading: https://partner.bitget.com/bg/financialsummit Promo Video: https://www.youtube.com/watch?v=3rATkFrSTVs Testimonial Video: https://www.youtube.com/watch?v=PHvhtJXkjNs For Momentum Reversal Indicator (MRI) See https://tonevays.com/indicator GBTC w/ Tyler Jenks: https://www.youtube.com/watch?v=R4oJngaKeQY Thoughts on DCG, GBTC, Grayscale & Genesis: Question: Is it a no brainer to buy GBTC if it's Fully Backed by Bitcoin in Coinbase Custody? Answer: I believe the risk/reward ratio is great but it's not a simple as it sounds, it's hard to summarize it but basically DCG now holds 66 million GBTC shares issued by their subsidiary Grayscale, their other subsidiary Genesis is insolvent and is about this go bankrupt cause they lent out Billions to companies like FTX and 3AC and who knows what else cause "Shitcoiners gonna Shitcoin"... the problem is that Genesis Also lent the parent company DCG $500 Million which they clearly used to buy GBTC when 3AC and BlockFi started selling their 70 Million shares combined... this was enough to prevent the discount on GBTC going under 50%.... But, and this is where the "No Brainer" part on buying GBTC is not simple.... that $500 Million loan might: A - have legal liability for DCG B - be forced to be paid back by DCG to Genesis Creditors if Genesis goes Bankrupt Hence it's possible DCG would be forced to sell 66 Million Shares (or at least half that) just do the math... at $500/$10 share = 50 Million Shares, if that is the case that discount could hit 75%. If you are willing to hold GBTC for the next 3+ years (aka into a new Bitcoin All Time High) then yes it's a good trade, otherwise you might shit your pants as there is a chance this Discount is gonna get way way bigger. https://ToneVays.com Events --- Bitcoin: https://unconfiscatable.com/ Finance/Trading/Investing https://thefinancialsummit.com/ How to Use Bitcoin Tech: https://understandingbtc.com/
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FTX co-founder Sam Bankman-Fried made CoinDesk's Most Influential 2022 list, the definitive ranking of the biggest change makers in crypto. CoinDesk Deputy Managing Editor Tracy Wang discusses his biggest accomplishments this year.
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Today, let's talk about the weird connection between Goldman Sachs and FTX. Why is Goldman Sachs looking to buy distressed Bitcoin and Crypto companies? ?Buy & Trade Crypto w/o KYC on MEXC ($9100 Bonus) https://bit.ly/3ezpswc ?Buy Bitcoin & Crypto with IRA/401k w/ItrustCapital ($100 Bonus) https://bit.ly/3vTebLT ?Enhance Your Crypto and Stock Trading with LuxAlgo http://bit.ly/3F1lYgF ?Safeguard Your Bitcoin and Crypto w/ Ledger Hardware Wallet https://bit.ly/3xJdMwL ?Protect Your Online Presence w/ NordVPN https://bit.ly/3zgO2b9 ?CryptosRus' Best Crypto Exchanges Guide: https://bit.ly/3Gc7dF9 ?CryptosRus' Best Crypto Deals: https://bit.ly/3wUtbeu ?CryptosRus' Crypto Academy: https://bit.ly/3MZj1yZ ?CryptosRus' Merchandise, NFTs and Articles: https://CryptosRus.com Follow these other great channels from George : ?New I Am George Studio's Website: https://iagvideos.com/ ?CryptosRus Clips Channel: https://www.youtube.com/c/cryptosrusclips?sub_confirmation=1 ?I Am George Channel: https://www.youtube.com/c/IAmGeorgeChannel?sub_confirmation=1 ?Drivers Only Channel: https://www.youtube.com/c/driversonly?sub_confirmation=1 Follow CRU on Twitter, Facebook, and Instagram ?Check out the latest News, Articles, and Guides: https://cryptosrus.com ?TikTok https://www.tiktok.com/@cryptosrus ?Twitter https://twitter.com/CryptosR_Us ?Twitter News Desk https://twitter.com/CRUNewsDesk ?Facebook https://www.facebook.com/cryptosrus ?Instagram https://www.instagram.com/cryptosrus Official Partners Who Sponsor This Channel: ITrustCapital, NordVPN, MEXC 0:00 Intro 0:50 Market Overview 1:00 Goldman Sachs 1:55 Sachs FTX Ties 3:50 Caroline Sachs Ties 5:05 Sachs Celsius Interest 5:55 Sachs SBF Meeting 6:35 $1.5 Trillion 9:05 5yr BTC 10:15 Prior Peaks 10:45 Bitcoin Correlation 12:10 SushiSwap Proposal 13:30 Lightning Network 14:00 Gamestop Cuts 14:40 TSMC Chip Plant 16:00 Saylor & CZ 17:30 Q&A ?Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.
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Clip taken from a livestream hosted on 11/21/22 Link to full video: https://youtu.be/L7WosTO_zX8 ✴︎Sign Up Here for the CT Club! https://patreon.com/cryptotips ✴︎Ledger hardware wallets ? https://shop.ledger.com/?r=67ef ✴︎Trezor hardware wallet ? https://shop.trezor.io/?offer_id=10&aff_id=10937 ✴︎Buy Gift Cards with Your Crypto! ? https://www.bitrefill.com/signup?code=47y2uwl4 ✴︎Begin Trading with Tradingview ? https://www.tradingview.com/gopro/?share_your_love=RealCryptoTips ✴︎Heidi Twitter: https://twitter.com/blockchainchick ✴︎Toby Twitter: https://twitter.com/sircryptotips ✴︎TicToc: https://www.tiktok.com/@realcryptotips ✴︎Instagram: https://www.instagram.com/realcryptotips/ ✴︎LBRY: https://lbry.tv/@Crypto-Tips:b Video Suggestions for Beginners to Crypto: - When did Crypto Start?: youtu.be/rd5gv6X70ew - Why Bitcoin?: youtu.be/GVwWwWUj3NU - 3 Mistakes to Avoid When Storing Cryptos: https://www.youtube.com/watch?v=rhhu3Uh8iHE - If Your Hardware Wallet is Lost or Stolen: youtu.be/KTIDY7kYSIQ - Complete Guide to Ledger Nano X: youtu.be/PC60Ju_iMQE - Proper Introduction to Crypto Exchanges: youtube.com/watch?v=91f-QNSmzrA - 3 Things You Should Never Do on a Crypto Exchange: youtu.be/pgZP-voLGpE - 5 Things Crypto Exchanges Don't Want You to Know: youtu.be/_VcdEovm8u8 - My Recommendations for Centralized Exchanges: youtu.be/kCYj2tdYufE - My Recommendations for Decentralized Exchanges (DEX): youtu.be/AMsp3knAfBs - Calling Out Fake DEXs: youtu.be/h_cZyGqjKrs - Why is DeFi the Hottest Topic in Crypto?: youtu.be/mqdD_2rX4-0 - Without This, Crypto Won't Survive: youtu.be/Jg-zk_Nhpq0 - How To Use the Most Popular Privacy Coins: youtu.be/WLckSKzFpE8
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Why Is Coinbase Removing BCH, ETC, XRP, and XLM From Coinbase Wallet? https://www.makeuseof.com/why-coinbase-wallet-removing-bch-etc-xrp-xlm/ Join Locals for exclusive content https://sonofatech.locals.com/ Ergo Address: 9fCyhudURbDSA2qi9k3sh1LgbHwyFwT6fck7wQW2YYWk9xR1miN ETH Address: 0x8446b70aA05c811d7bF590e6EDE3d90C00391FcE ETC Address: 0x8446b70aA05c811d7bF590e6EDE3d90C00391FcE ZIL Address: zil135ajqdgf9mj6r50e8t28p98xvsss8ay7cppyx5 Affiliate Links Amazon: https://amzn.to/3bmHH2V Coastal Crypto Mining: https://bit.ly/3bt6SVj HiveOS: https://bit.ly/2PX76cM Trezor: https://bit.ly/3b5TF1j Cryptocom: https://crypto.com/app/soat BT Miners: https://bt-miners.com/?ref=dv617zq7oz CashApp: https://cash.app/app/MPLLCNW PrimeXBT: sonofatech.com/primexbt Parallel Miner: https://bit.ly/2RwQclK Coinbase: https://bit.ly/33jNPW2 Twitter https://twitter.com/SonOfATech Facebook https://www.facebook.com/Son-Of-A-Tech Instagram https://www.instagram.com/sonofatech/
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Customers whose money is locked up on trading and lending platform Genesis and who have taken legal advice on the matter currently account for some $1.8 billion of loans, according to a CoinDesk source familiar with the situation. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details. Genesis and CoinDesk are both owned by the Digital Currency Group.

CoinDesk: The Hash

  • Tuesday, 06 December 2022 16:28
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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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Former FTX CEO Sam Bankman-Fried said he will testify before the House Financial Services Committee after "learning and reviewing what happened" following the implosion of the crypto exchange he created. Murphy & McGonigle founder James Murphy shares his insights and legal considerations. Plus, the potential reasons why Bankman-Fried is embarking on an unprecedented media tour.
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