🛒 Best Deals in Crypto 👉 https://guy.coinbureau.com/deals/
📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
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📺 Useful Vids 📺
Terra Implosion 👉 https://www.youtube.com/watch?v=0CutSymg94I
stETH “Depeg” 👉 https://www.youtube.com/watch?v=EHwumQKadkw
Celsius Explained 👉 https://www.youtube.com/watch?v=BMyUbKI1mQs
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⛓️ 🔗 Useful Links 🔗 ⛓️
3AC Backstory: https://www.bloomberg.com/news/articles/2021-05-25/ex-credit-suisse-traders-amass-billions-of-dollars-of-crypto
WSJ Piece: https://www.wsj.com/articles/battered-crypto-hedge-fund-three-arrows-capital-considers-asset-sales-bailout-11655469932
Treasury Management: https://blockworks.co/three-arrows-backed-protocol-says-major-chunk-of-treasury-is-unaccounted-for/
LFG Sale: https://thedefiant.io/luna-sale-ust-bitcoin/
3AC Rumours: https://twitter.com/MoonOverlord/status/1536692319004549125
Su on Twitter: https://twitter.com/zhusu
Grayscale Update: https://twitter.com/maybebullish/status/1537876192530817029
Call Re 3AC: https://twitter.com/fintechintern/status/1537993427840733186
Treasury Rumours: https://twitter.com/FatManTerra/status/1537536177712005120
Firms Recovering: https://decrypt.co/103153/bitmex-finblox-deribit-others-exiting-three-arrows-capital-3ac-insolvency-fears
3AC Rumours: https://twitter.com/Danny8BC/status/1537224378554806272
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– TIMESTAMPS –
0:00 Intro
1:17 What Was 3AC?
4:35 Terra Collapse
6:30 Grayscale GBTC
9:40 stETH collapse
12:00 The Collapse
13:47 Contagion?
16:44 Conclusion
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📜 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 #3ac #Crypto
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Edit: This video was shot before it was revealed that Voyager digital also had sizable 3AC exposure! What do you think about the 3AC saga? Would love to know! 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 clips channel with behind the scenes bits and shorter form content https://www.youtube.com/channel/UCR93yACeNzxMSk6Y1cHM2pw
From Terra -> Celsius -> 3AC… As part of risk management, any thoughts on who might be next – assuming that worse is not over yet.
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Greyscale is the elephant in the room IMO. Wanna know why the stock to flow model failed so spectacularly? It’s called paper Bitcoin. There’s a lot of Bitcoin that isn’t Bitcoin, it’s bits of paper saying IOU such and such an amount of Bitcoin. Same thing happened to Gold. Bitcoin will eventually realise its true value, but it’s going to be a long road.
Lol Alameda dumps and then SBF turns around to “save” crypto. Thanks man, wtf?
I'm from India
And you guys ?
Great video! Only invest that you afford to loss folks! Have a nice day
So not your keys, it your cheese? – Bitcoin Zay
and i thought ust/luna was bad, but 3ac sounds like quadrigacx 2.0
Well good job my bro. Thanks for sharing this info!
The rumors are, Sam “Bank” Friedman Is Busy bailing out some friends.
When the tide goes out, you find out who's swimming with no shorts on…
The reason the market cap is down by $2 billion? That money didn't exist. Things balance out.
If you are a busy person, welcome Tribalpunk is the most suitable game for you. You don't need to spend a lot of time, just 10 minutes you can do other things every day you can earn $ 50
Looks like this bear market is gonna last a loooong time.
Crypto could solve the inflation problem.
A few projects like Luna and we will forever destroy trillions of printed paper 🤣
The whole crypto market is a house of cards built on greed. Sadly the only thing that might fix it would be regulation. The only crypto that understands and accounts for human fomo and fud is bitcoin. When the dust settles that will be the last one standing.
The merge wont let you unstake this is 5months old news
3AC was a ponzi scheme, like many others. Good riddance, you won't be missed!
Funny enough, you never said anything about why you recommended so much terra luna in the past. Not even a sorry to your viewers.
where in the description is there more info about gbtc and etfs with the sec roadblocks. I can't find it.
I think all of these crashes are not as they seem on the surface.