BTC price crash: Why did it happen? Join Sam Bankman-Fried live on 'The Market Report'

BTC price crash: Why did it happen? Join Sam Bankman-Fried live on 'The Market Report'

“The Market Report” with Cointelegraph is live right now! Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Yashu Gola. Today’s menu: the dramatic Bitcoin (BTC) price flash crash to $43,000 on Tuesday.

What caused the crash? Was it market manipulation, leverage liquidations, El Salvador’s Bitcoin Law, the SEC going after Coinbase — or a combination of these factors? This week’s markets news segment will break down the latest news and research to find out.

Our top trading bots

Next up, Gola and Finneseth will do a dive deep on the most important factors driving the markets during back-to-back expert takes. Gola will explore a correlation between the Bitcoin price crash, the gold market and the U.S. dollar index, while Finneseth takes a closer look at this week’s top altcoin performers.

The Cointelegraph experts will then identify altcoins that stood out this week with insights from Cointelegraph’s Markets Pro, a platform for crypto traders who want to stay one step ahead of the market.

Make sure to stick around for the show’s finale: an exclusive guest interview with billionaire Sam Bankman-Fried, the founder and CEO of crypto exchange FTX. Bankman-Fried was named a Forbes 30 Under 30 in 2021. The interview will cover recent market movements, nonfungible tokens (NFTs) and assets that have the highest upside potential. You don’t want to miss it

“The Market Report” streams live every Thursday at 4:00 pm UTC, so be sure to head on over to  Cointelegraph's YouTube page and smash that like and subscribe button for all our future videos and updates.

Read on here Cointelegraph
Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?
On Jan. 26, the United States Securities and Exchange Commission proposed amendments to Rule 3b-16 under the Exchange Act that lacks any mention of digital...
$5 wrench attacks appear to be on the rise in the crypto community
Normally, the only way to access one's crypto funds is through their private key, which, thanks to advances in cryptography, would take nothing less than...
Gulf Energy, Binance announce Thailand crypto partnership
BANGKOK (Reuters) - Binance, one of the world's biggest cyrptocurrency exchange by trading volume, will set up a crypto exchange with Thailand's Gulf Energy...
Pomp tells CNBC there's no need to apologize for Bitcoin's energy use
Bitcoin influencer and podcaster Anthony “Pomp” Pompliano said that there is no need to “apologize” for Bitcoin’s energy use, because “crucial things in...
BetaShares crypto company ETF smashes Australian records on opening day
Australian fund management company BetaShares’ new crypto company ETF smashed Australian Securities Exchange (ASX) records within the first 15 minutes of...
Turkish prosecutors investigate alleged $119M Dogecoin mining scam
Turkish media reports that authorities there are investigating an alleged Dogecoin mining scam that  pulled the rug on investors after amassing $119 million...
SEC delays decision on Wisdom Tree Bitcoin ETF
On July 13, the Securities and Exchange Commission, or SEC, pushed back its decision on Wisdom Tree’s Bitcoin ETF with a request for public feedback. This...
Hedge funds see the crypto market decline as an investment opportunity
Crypto market capitalization is down more than 40% since its $2.5-trillion high back in early May, but institutional investors continue to pile into the...
Billionaire SBF says FTX may one day buy Goldman Sachs and CME
Hong-Kong-based billionaire Sam Bankman-Fried has stated that FTX may consider buying U.S. financial giant Goldman Sachs and exchanges such as Chicago Mercantile...
Traders search for bearish signals after Bitcoin futures enter backwardation
An unusual phenomenon called 'backwardation' is taking place in Bitcoin (BTC) futures trading, mainly the June contract, which expires on June 25. The fixed-month...
Number-two gaming DApp raises $2 million in private utility token sale
Gaming decentralized application Alien Worlds announced on Monday that it had successfully raised $2 million in a sale of its utility token, Trilium (TLM),...
Ripple Sold Two Times More XRP Coins in Q3 Than in Q2
Ripple is confidently making money. During the third quarter of 2018 Ripple Labs, Inc. gained two times more in sales of XRP coins than within the previous...
Financial Services Giant Fidelity Launches Crypto Trading Platform
Fidelity Investments, a financial services titan with more than $7 trillion in client assets, has leapt onto cyber-money bandwagon too. This week the company...
Starbucks Partners With Microsoft to Allow Crypto-Payments
Starbucks, the American coffee-company, which is a worldwide household name, is to start accepting bitcoin and its brethren as means of payment in its branches.At...
Pantera Capital CEO Says Bitcoin Will Come Back to its Highs in a Few Weeks
After a week of drastic, preferably downward, gyrations, the king of all cyber assets ought to take precedence, reaching top rates, within the following...