15 Min.
DDCT #147 - 11/16/2022 (Bitcoin: Assessing the odds of BTC investors surviving the ‘long winter’) Dave's Daily Crypto Take
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- Technologie
#Bitcoin #Binance #CZ
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://fortune.com/crypto/2022/11/15/binance-cz-crypto-first-time-investors-advice-ftx-sbf/
The head of the world’s largest crypto exchange says that most people shouldn’t invest right now
Even the crypto industry’s leaders are cautioning investors against buying the dip.
With cryptocurrency prices so low, it might seem like a good time for first-time buyers to invest, after industry figureheads like Microstrategy’s Michael Saylor and Tesla’s Elon Musk popularized the “buy the dip” crypto trend this year.
But the market is going through unprecedented turbulence right now after last week’s sudden implosion of FTX—one of the largest crypto exchanges—and the fall from grace of its founder and ex-CEO Sam Bankman-Fried, a former hero to crypto insiders. Combined with a crypto winter that has dragged down cryptocurrency prices since last spring, the market is rife with uncertainty and low consumer confidence.
https://ambcrypto.com/how-has-the-ftx-collapse-impacted-btc-hodlers-this-data-reveals/
Bitcoin holders, whales, and miners: The impact of FTX on the state of BTC
Bitcoin HODLers withdraw historic amounts of BTC from exchanges
Miners continue to feel the pressure amidst the FUD
The mistrust in exchanges has continued unabated ever since the FTX collapse. Now, in an unprecedented move, many BTC HODLers have started withdrawing huge amounts of Bitcoin out of their exchange wallets.
https://www.euronews.com/next/2022/11/15/fintech-crypto-weekly
Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash
The cryptocurrency, which had been lauded by FTX‘s founder Sam Bankman-Fried, has been hit harder than any other major coin by the collapse of the exchange.
The Solana token, or SOL, has dropped 53.8% since the furor began unfolding on Nov. 2. By comparison, ether has fallen about 20% and bitcoin 19%.
https://ambcrypto.com/bitcoin-assessing-the-odds-of-btc-investors-surviving-the-long-winter/
Bitcoin: Assessing the odds of BTC investors surviving the ‘long winter’
BTC held by the exchange was at an all-year low
MVRV Ratio and weighted sentiments were up
Elon Musk recently posted a tweet regarding Bitcoin [BTC], wherein he mentioned that “BTC will make it, but might be a long winter.”
https://alternative.me/crypto/fear-and-greed-index/
https://coinmarketcap.com/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations
#Bitcoin #Binance #CZ
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://fortune.com/crypto/2022/11/15/binance-cz-crypto-first-time-investors-advice-ftx-sbf/
The head of the world’s largest crypto exchange says that most people shouldn’t invest right now
Even the crypto industry’s leaders are cautioning investors against buying the dip.
With cryptocurrency prices so low, it might seem like a good time for first-time buyers to invest, after industry figureheads like Microstrategy’s Michael Saylor and Tesla’s Elon Musk popularized the “buy the dip” crypto trend this year.
But the market is going through unprecedented turbulence right now after last week’s sudden implosion of FTX—one of the largest crypto exchanges—and the fall from grace of its founder and ex-CEO Sam Bankman-Fried, a former hero to crypto insiders. Combined with a crypto winter that has dragged down cryptocurrency prices since last spring, the market is rife with uncertainty and low consumer confidence.
https://ambcrypto.com/how-has-the-ftx-collapse-impacted-btc-hodlers-this-data-reveals/
Bitcoin holders, whales, and miners: The impact of FTX on the state of BTC
Bitcoin HODLers withdraw historic amounts of BTC from exchanges
Miners continue to feel the pressure amidst the FUD
The mistrust in exchanges has continued unabated ever since the FTX collapse. Now, in an unprecedented move, many BTC HODLers have started withdrawing huge amounts of Bitcoin out of their exchange wallets.
https://www.euronews.com/next/2022/11/15/fintech-crypto-weekly
Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash
The cryptocurrency, which had been lauded by FTX‘s founder Sam Bankman-Fried, has been hit harder than any other major coin by the collapse of the exchange.
The Solana token, or SOL, has dropped 53.8% since the furor began unfolding on Nov. 2. By comparison, ether has fallen about 20% and bitcoin 19%.
https://ambcrypto.com/bitcoin-assessing-the-odds-of-btc-investors-surviving-the-long-winter/
Bitcoin: Assessing the odds of BTC investors surviving the ‘long winter’
BTC held by the exchange was at an all-year low
MVRV Ratio and weighted sentiments were up
Elon Musk recently posted a tweet regarding Bitcoin [BTC], wherein he mentioned that “BTC will make it, but might be a long winter.”
https://alternative.me/crypto/fear-and-greed-index/
https://coinmarketcap.com/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations
15 Min.