The current market conditions have caused a lot of trouble for many huge crypto projects. BlockFi, Celsius and Babel Finance are a few examples that have felt the sting of a market crash! Subscribe to VoskCoin for more crazy crypto news! http://voskco.in/Sub
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3AC BlockFi liquidations speculation – https://blockworks.co/blockfi-says-it-liquidated-a-large-client-amid-3acs-margin-calls/
The DeFi Edge twitter account 3AC thread – https://twitter.com/thedefiedge/status/1537465349976694786
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Crypto bear markets can be very brutal. Having capitalized on the 2017-2018 bull market and endured the 2019-2020 bear market, I have seen my fair share of crypto projects fail. This most recent crash seems to be doing a lot of damage very quickly – many huge businesses struggling and even stopping withdrawals! What is in store for the crypto market from here? Will things get better? Who should you trust with your coins? Let’s unpack all of this and more in this crazy crypto news update!
⏰ Timestamps ⏰
00:00 Is crypto doomed?
01:12 FTX, BitMEX, and Deribit Liquidate 3AC
01:43 Three Arrows Capital becoming insolvent?
06:37 Vauld Continues operation as usual
07:05 Celsius pausing withdraws and swaps
08:52 Blockfi Risk Management
10:32 The Vertu Phone
12:51 Crypto Market is Bearish
13:20 Lender Babel Freezes withdraws
14:00 Celsius is being sued!
15:00 Should you lend out your coins?
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#VoskCoin #crypto #crash #marketcrash #blockfi #celsius #babel #bear
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The DeFi Edge twitter account 3AC thread – https://twitter.com/thedefiedge/status/1537465349976694786
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go up and hit the like button! Please 😀
Thanks for the content Vosk. One date nobody is talking about is the "advance" estimate of second quarter GDP by the Bureau of Economic Analysis. The release date is JULY 28. If it shows negative for the second consecutive quarter we will be in "RECESSION" mode per the official definition of the centerfold economists.
I tried to warn. Now you will see ultimate pain. BTC will trade under 3k. I sent many messages. Maybe you will heed this. Now, the opportunity resides when saylor is called marginunder 3k and cold storage has been liquidated by many, and the "world falls apart". THEN, and only then, we mine. BUT, we must fully take view of what the new world looks like at this point. Good luck out there. HEDGE !!
I personally think it is time to buy buy buy. Just don't invest anything you can't afford to lose. Maybe skip fast food for a week and invest it. The risk is worth it and have nothing to lose besides some fast food.
Celsius holding on and hoping for a bull-run to buy their way out of the poo
$8 AVAX plz
When you're in this space long enough there is one thing you never forget:
"Buy when there's blood in the streets, even if the blood is your own."
Celsius is the crypto markets Titanic and is rapidly sinking.
This bear market has some thick fur alright!
Transfer of wealth…
ROG phone is still the most badass phone. Has anyone ever mined with a ROG phone? Seems like it would be possible.
Once blockfi started having weirdness I pulled all my assets from all DeFi and CeFi. Only thing I do is controlled staking with cryptos that don't have super long unstaking times.
15:40 or give your stuff to sexy man vosk
Vosk, your spirit animal is eeyore.
Crypto market needs real retail money inorder for the rich traders to make their dizzying manipulation schemes work either with and against whales. it’s just all part of modern trading bait eh bro
"while everyone crumbles, cries and quite" okay sir 😹😹😹💔
10:13 senpaiii 😖
Pulsechain comimg soon!