CRYPTO IS OVER?


Genesis is having a hard time raising cash for its lending unit, and it is warning potential investors it could possibly file for bankruptcy. If Genesis were to file for bankruptcy, that would imperil Digital Currency Group.

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Timestamps:
0:00 – Genesis warns of bankruptcy
1:22 – Why this is a big deal
1:50 – Genesis liquidity CRUNCH
2:26 – How we got here
3:02 – CZ Binance concerns over Coinbase & Grayscale
4:34 – Why this is a big deal (pt2)
4:59 – The state of Genesis, Grayscale, & DCG today
5:42 – 2 possible scenarios
6:23 – Genesis has “days not weeks”
6:37 – Join us at these crypto conferences
7:14 – DCG on verge of Total Collapse?
8:50 – DCG CEO letter to shareholders today

**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin.

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Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.

Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, CELL, DON, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL, GMT

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