Crypto NEEDS DeFi To Survive (Crypto Exchange’s Recovery Fund)
In your nightly crypto news wrap-up, we bring you the top crypto stories. Goldman Sachs looks at the flip side of the “COIN”; Crypto has been thrown a lifeline; and the past 7 days hasn’t been all bad: you’ll be glad to know that DeFi is still alive and well.
What We Discuss:
0:00 Intro
0:17 Coinbase Stamp of Approval
1:38 Market Watch
3:30 Binance Recovery Fund
4:29 Bad News is Good for DeFi
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
Sources:
https://www.coindesk.com/markets/2022/11/14/goldman-cuts-coinbase-price-target-to-41-says-exchange-is-fairly-insulated-from-ftx-collapse/
https://www.theverge.com/2022/11/10/23451484/ftx-customer-funds-alameda-research-sam-bankman-fried
https://www.coindesk.com/business/2022/11/14/binance-starts-recovery-fund-for-crypto-projects-facing-liquidity-crisis/
https://investorplace.com/2022/11/tron-founder-justin-sun-promises-to-bail-out-ftx-will-his-plan-really-work/
https://twitter.com/1inch/status/1591142666309636096?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1591142666309636096%7Ctwgr%5Ee8edbf88d53bbcc6c124f60b396abec4536b7b20%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fdecrypt.co%2F114364%2Fdefi-exchange-volume-hits-ftx-collapse
https://decrypt.co/114364/defi-exchange-volume-hits-ftx-collapse
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