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Binance and FTX: Breaking down the chaotic week in crypto
The cryptocurrency market is in meltdown after the collapse of FTX, one of the world’s largest crypto exchanges. In 2022, it felt like we'd already seen the worst... several crypto companies went bankrupt in the first half of the year. And after months of subsequent price falls, it felt like stability had returned to the market.
But this has now all been shattered. The collapse of FTX has even been described as crypto’s Lehman Brothers moment. In the aftermath, Bitcoin was down 25% and Ether down 33%. Today Sascha and Alec discuss FTX’s collapse and whether it's going to change the future of crypto. Has the bubble finally burst?
We’re asking our UK audience to help share our business news podcast – The Dive – with friends and family.
You can join the referral program for free here: https://refer.fm/thedive and get rewarded for your sharing!
Tell us what you think of The Dive - email us at [email protected]. Follow our Instagram here. Stay engaged with the Equity Mates community by joining our forum.
Looking for a gift for a loved one this christmas? Order ‘Get Started Investing’, written by Equity Mates Alec and Bryce. Available on Booktopia and Amazon now!
In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
*****
This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives.
Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.
Equity Mates Media operates under Australian Financial Services Licence 540697.
The Dive is part of the Acast Creator Network.
Hosted on Acast. See acast.com/privacy for more information.
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By Equity Mates Media
5
55 ratings
The cryptocurrency market is in meltdown after the collapse of FTX, one of the world’s largest crypto exchanges. In 2022, it felt like we'd already seen the worst... several crypto companies went bankrupt in the first half of the year. And after months of subsequent price falls, it felt like stability had returned to the market.
But this has now all been shattered. The collapse of FTX has even been described as crypto’s Lehman Brothers moment. In the aftermath, Bitcoin was down 25% and Ether down 33%. Today Sascha and Alec discuss FTX’s collapse and whether it's going to change the future of crypto. Has the bubble finally burst?
We’re asking our UK audience to help share our business news podcast – The Dive – with friends and family.
You can join the referral program for free here: https://refer.fm/thedive and get rewarded for your sharing!
Tell us what you think of The Dive - email us at [email protected]. Follow our Instagram here. Stay engaged with the Equity Mates community by joining our forum.
Looking for a gift for a loved one this christmas? Order ‘Get Started Investing’, written by Equity Mates Alec and Bryce. Available on Booktopia and Amazon now!
In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
*****
This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives.
Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.
Equity Mates Media operates under Australian Financial Services Licence 540697.
The Dive is part of the Acast Creator Network.
Hosted on Acast. See acast.com/privacy for more information.