May 12, 2022
Bloody Markets, UST Crash and Light At The End Of The Tunnel
Hey crypto people. It’s been an equally exciting and terrifying last 72 hours. The market has come down so much so fast that it was hard to catch your breath. This is the sixth episode of our news segment of the Inside Crypto podcast. In this series we cover the latest stories that are happening in the crypto space. These will be some of the hottest stories taken from places like Coindesk, Google news, Twitter and other places. This episode was recorded on May 13th 2021. The markets crashed, UST depegged, the impact on sports sponsorships and much more.
I have to give thanks to my employer Amun Tokens for allowing me to put content out like this. If you are interested in the tokens we sell. Please head over to tokens.amun.com to check out DFI, PECO and SOLI.
It’s time for our disclaimer, nothing said in this episode constitutes financial advice. Please do your own research. Everything said here is my own opinion and not to be connected with my employer.
Thanks everyone for listening and don’t forget to tune in next week where we help you get to grips with what is happening in the cryptocurrency universe.
News Covered Today:
https://coinmarketcap.com/ (CoinMarketCap: Cryptocurrency Prices, Charts And Market Capitalizations)
https://www.cnbc.com/2022/05/12/bitcoin-btc-price-falls-below-27000-as-crypto-sell-off-intensifies.html (More than $200 billion erased from entire crypto market in a day as sell-off intensifies)
https://edition.cnn.com/2022/05/12/investing/premarket-stocks-trading/index.html (Bitcoin price: Panic in the crypto market has Janet Yellen's attention - CNN)
https://www.theverge.com/2022/5/12/23068996/coinbase-outage-withdrawal-cryptocurrency-bitcoin-price-crash (Coinbase experiencing major outage as crypto prices plummet - The Verge)
https://www.axios.com/2022/05/12/crypto-bear-markets-bitcoin-ethereum (How crypto bear markets work)
https://www.protocol.com/fintech/terra-luna-ust-stablecoin-crash (The UST crash is destabilizing crypto)
https://www.bloomberg.com/opinion/articles/2022-05-12/crypto-crash-contagion-could-go-beyond-bitcoin-ethereum-tether (Crypto Crash Contagion Could Go Beyond Bitcoin, Ethereum, Tether - Bloomberg)
https://frontofficesports.com/how-the-crypto-crash-could-impact-sports-sponsorships/ (How The Crypto Crash Could Impact Sports Sponsorships)
https://blockworks.co/native-crypto-exchange-tokens-hint-at-first-sign-of-broader-market-recovery/ (Native Crypto Exchange Tokens Hint at First Sign of Broader Market Recovery - Blockworks)
https://www.forbes.com/sites/petertaylor/2022/05/07/crypto-just-became-real-estates-hottest-new-thing-heres-what-the-bitcoin-revolution-means-for-buyers-sellers-and-developers/?sh=2590ffaa388b (Crypto Just Became Real Estate's Hottest New Thing. Here's What That Means For Buyers, Sellers, And Developers)
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