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822: BITCOIN BULL MICHAEL SAYLOR UNVEILS 2 FACTORS BEHIND THIS CRYPTO MARKET CRASH!!

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内容由Justin Verrengia提供。所有播客内容(包括剧集、图形和播客描述)均由 Justin Verrengia 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

In a new Bloomberg interview, Bitcoin Bull and Microstrategy CEO Michael Saylor unveils two factors that he says are contributing to the volatility experienced by the crypto markets so far this year.

“I think that there’s a lot of dynamics here. If you look at the entire crypto ecosystem, you have a set of regulatory uncertainty, especially regulatory uncertainty around stablecoins and crypto tokens and whether or not they’re securities. And that creates a little bit of anxiety.

You have a lot of leverage offshore. You have a lot of crypto exchanges that can trade with up to 20x leverage. And those crypto exchanges have many, many tokens that are cross-collateralized. Between them and the decentralized finance [DeFi] exchanges, you can get much higher than 20x leverage. So that’s the second source of volatility.”

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Manage episode 318276195 series 2835096
内容由Justin Verrengia提供。所有播客内容(包括剧集、图形和播客描述)均由 Justin Verrengia 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

In a new Bloomberg interview, Bitcoin Bull and Microstrategy CEO Michael Saylor unveils two factors that he says are contributing to the volatility experienced by the crypto markets so far this year.

“I think that there’s a lot of dynamics here. If you look at the entire crypto ecosystem, you have a set of regulatory uncertainty, especially regulatory uncertainty around stablecoins and crypto tokens and whether or not they’re securities. And that creates a little bit of anxiety.

You have a lot of leverage offshore. You have a lot of crypto exchanges that can trade with up to 20x leverage. And those crypto exchanges have many, many tokens that are cross-collateralized. Between them and the decentralized finance [DeFi] exchanges, you can get much higher than 20x leverage. So that’s the second source of volatility.”

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

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