DiscoverThe DailyDeath of a Crypto Company
Death of a Crypto Company

Death of a Crypto Company

Update: 2022-07-2510


Born in response to the 2008 financial crisis, cryptocurrency was supposed be a form of money that eliminated the traditional gatekeepers who had overseen the tanking of the economy.

But a crash in value recently has raised questions about cryptocurrency’s central promise.

Guest: David Yaffe-Bellany, a reporter covering cryptocurrencies and fintech for The New York Times.

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Background reading: 

  • No one wanted to miss out on the cryptocurrency mania. A global industry worth hundreds of billions of dollars rose up practically overnight. Now it is crashing down.
  • Celsius Network was managing more than $20 billion in assets. Last month, it became the latest crypto venture to spiral into a crisis.

For more information on today’s episode, visit Transcripts of each episode will be made available by the next workday. 

Comments (1)

Dima Santarskiy

There are several ways to use the RSI indicator in trading. One of these ways is to use it in tandem with a trend indicator. This will ensure that you are not overly sensitive to signals that the RSI produces. The RSI is a momentum indicator and its values can swing to extremes, often leading to impulsive moves. Hence, it is important to understand when an RSI reading is overbought or oversold.

Jul 27th








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Death of a Crypto Company

Death of a Crypto Company

The New York Times