🛒 Best Deals in Crypto 👉 https://www.coinbureau.com/deals/
📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
👕 My Merch Store 👉 https://store.coinbureau.com/
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/
~~~~~~
📺 Useful Vids 📺
Exchange Proof of Reserves 👉 https://www.youtube.com/watch?v=PtusZF39bko
Crypto Self Custody 👉 https://www.youtube.com/watch?v=X_heFWeETZs
~~~~~~
⛓️ 🔗 Useful Links 🔗 ⛓️
DCG Coinincidences: https://datafinnovation.medium.com/3ac-dcg-amazing-coincidences-c14eec941c06
Degen Trader Post: https://degentrading.substack.com/p/genesis-chapter-11
Ryan Selkis Tweets: https://twitter.com/twobitidiot/status/1594660053029720064
3AC Drags Down: https://www.cnbc.com/2022/07/11/how-the-fall-of-three-arrows-or-3ac-dragged-down-crypto-investors.html
Genesis Sought Loan: https://www.wsj.com/livecoverage/stock-market-news-today-11-17-2022/card/crypto-lender-genesis-sought-emergency-loan-of-1-billion-by-monday-573TThK17Ke15FYwJzLR
DCG 10bn Valuation: https://www.coindesk.com/business/2021/11/01/digital-currency-group-achieves-10b-valuation-in-700m-secondary-sale/
Silbert Commentary: https://twitter.com/fintechfrank/status/1595135036642463744
~~~~~~
– TIMESTAMPS –
0:00 Intro
0:42 The G Unit
3:52 FTX Collapse
7:41 DCG Contagion
10:47 3AC Collapse
13:59 Equity Raise
16:33 DCG Assets on Sale
20:06 Final Thoughts
~~~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bitcoin #BTC #DCG #Genesis
32 Comments
Hope you guys enjoyed this overview! Do you think Genesis is going to make it? Don't forget that you can follow me on my socials for all the content that you are missing here 👉 https://guy.coinbureau.com/socials/. You may also enjoy my deals page which has some of the best promos and discounts in the crypto space 👉 https://www.coinbureau.com/deals/
Guy can you make a video of who has actually made money the last 1 year. i mean luna,3ac, now ftx, grayscale etc.. retail investors
GRAYSCALE should DUMP all btc to the market. so we flush all of these greedy weakhands out the market.
BREAKING NEWS xrp, stlm, btc cash, and eth classic being re moved from coinbase
the Shemitah (GOD'S) 7 yr economic correction cycle is right on track.. tower of barbel is falling again due to human greed, it always brings down society and seems we still have not learnt the lessons of history.
The best backgrounder on the Genesis troubles I have seen. You are top notch, Guy. You really do great news programs, better than Bloomberg and all those news spin shops…. JOB WELL DONE, MATE!
It's like a fckin domino effect 😂
I think the writing is on the wall on this one I'll wait a couple of month's before accumulating any more
GBTC shouldn't really exist anyway. Having someone else hold your coins is counter to the benefits of crypto. I understand regulation limits people, but it's an all around bad thing for crypto, as we can see now for the umpteenth time. Hold your own coins, or get wrecked. This has been the case since MtGox and absolutely nothing has changed.
YOU TOOK ME OUR WITH THE DOMINO FALLING AT 12 SECONDS!!! LOL~!
If grayscale dumps 650k btc on the market, it's fucking buy time
It's okay i already lost everything i dont need to watch your videos anymore im just gonna kms soon
Thanks for the information and very thorough video. Hopefully everything is resolved by May and June 2023
8k BTC sounds like PRIME slurp time
Why would we see more downturn this year, when the loans are not due till mid 2023?
Crypto-supergedum….
Ahahaha G-Unit 😂 pointed Guy 🦾
Bitcoin does not care!
Bad news and fud probably gets more attention to the channel but I would suggest that there would be also some positive crypto topics these days. Thanks!
Wow, TLDR, this sucks!
5000$ btc , comming up baby.
Guy’s looking healthier these days, that’s good 👍
The shareholder letter says that the 1.1 billion note is due in June 2032, not June 2023.
Many will be buying BTC like crazy when they start selling, cash is king.
You never explained the difference between GBTC and WBTC. Can I redeem them 1:1 on Ren protocol?
And how does ETH Classic play into this? So many questions.
Guess u won't be promoting ftx anymore…to bad
Perfect money with imperfect people = imperfect money,
leverage and greed is a hell of a drug.
4.2k+…Thanks Guy
Mr James is a sh!t. He stole all my bitcoin and said he burnt it when I went to his house get it back. Don't believe any positive reviews you read about him by the bots on here.
This cascade of events cannot be coincidental. I bet the US government or perhaps others have a hand in this and participated in the fall of many of these companies actively or passively.
Che sara sara !
So once again the unholy combination of speculation and debt looms.
So once again the unholy combination of speculation and debt looms.