As the blockchain forensic experts from Chainalysis write, the Mt.Gox bust was three times worse than the FTX disaster – at least when you look at a very specific size. After all, Mt.Gox had about three times the market power compared to FTX at the time. In today’s edition of the BTC-ECHO Recap podcast, our podcasters David Scheider and Giacomo Maihofer explain why this comparison is incorrect.
What happens when Genesis falls?
We also talk about the ongoing rumor mill surrounding Genesis and Grayscale. Because the liquidity problems of Genesis are still not solved. Will Binance step in?
After all, things are looking a little better for the world’s largest Bitcoin fund, Grayscale. According to Coinbase documents, its custody arm holds the majority of GBTC coins.
Harvard Now Bitcoin Fan?
Unexpected support, meanwhile, comes from the Ivy League. The US elite university Harvard is now advising central banks to buy Bitcoin in order to make themselves more independent of US monetary policy. We’ve always said it.
Enjoy listening.