1100: FTX HAS OFFICIALLY FILED FOR BANKRUPTCY!! JPMORGAN THINKS BITCOIN COULD PLUNGE TO $13K!!

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Bitcoin News Alerts

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3.6 • 626 Ratings

🗓️ 11 November 2022

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Crypto exchange giant FTX has officially filed for chapter 11 bankruptcy as rumors continue to fly surrounding Sam Bankman-Fried and the fall of his FTX Empire. JPMorgan thinks Bitcoin (BTC) could plunge to $13K following the FTX Crisis. “What makes this new phase of crypto deleveraging induced by the apparent collapse of Alameda Research and FTX more problematic is that the number of entities with stronger balance sheets able to rescue those with low capital and high leverage is shrinking.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Here we are. A couple of pints.
0:02.4	Great. Neck oil, yeah?
0:03.8	As requested. So, what did you get up to this weekend?
0:07.3	Well, funny story, actually. I befriended this panda, discovered he had a beautiful singing voice.
0:12.1	Talked him out to harmonise. We got a record deal, went on tour, went platinum in Basingstoke,
0:16.3	then broke up due to creative differences.
0:18.4	Right. So that's where there's a panda giving you the finger from across the street then.
0:22.3	That's right, brother.
0:23.4	Stick your neck out.
0:24.7	Beavertown. Never normal.
0:26.5	Visit drinkaware.com.uker.uk.
0:28.2	Enjoy Beavertown beer responsibly.
0:30.4	Hey, Spotify is Dampson Idris here to celebrate Tommy Hill Figures Apex GP collection.
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0:45.0	It's the uniform for those on a journey to achieve their dreams.
0:48.0	Discover Tommy Hill Figures Limited Edition, Apex GP Collection,
0:51.7	inspired by F1, the movie, only in cinema's June 25th.
0:57.1	In today's show, Bitcoin hoddlers and lost it on 50% of the Bitcoin supply after 5.7,000
1:04.3	Bitcoin price dip.
1:06.0	That's right.
	...

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