CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, John Wu, the president of Ava Labs, discusses the impact of the FTX bankruptcy on the crypto industry.
Chapters:
00:00 – CNBC Crypto World, Nov 11, 2022
0:23– Crypto sell-off resumes
1:12- The headlines
5:09 John Wu of Ava Labs
For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
https://www.cnbc.com/select/best-credit-cards/
#CNBC
#CNBCTV
Crypto sell-off rages on as FTX files for bankruptcy and SBF steps down: CNBC Crypto World
38 Comments
Worst times this year can be dodged with Amazons announcement of AMC3Z make up your minds!
I usually don’t write anything but this is beyond the scope of normal assets so you should not sleep on that: AMC3Z
i don't think AMC3Z is pump thing, it's real jeff's project
The beauty of a bearmarket ends in AMC3Z
We had three bad years in a row and then AMC3Z showed up
If you want to do one thing this year you have to check AMC3Z
What about AMC3Z
No one should receive a penny back from their investments! If you were dumb enough to invest in crypto you should pay the price. Furthermore taxpayers should not pick up the slack on bankruptcy
No real world use for crypto
Awesome vid. Normally the stock market is blowing off the top when rates are inverted, will see if it does this time as well.Gotta remember that this time around the pump we had was not as big as other times. So the drop may not be as bad this time around too. It would make sense as well. That being said, I was able to raise 16 btc from day-trade with Susan A Kokat in few weeks. Thanks for all your great work, doing what you do well!
<Awesome vid. Normally the stock market is blowing off the top when rates are inverted, will see if it does this time as well.Gotta remember that this time around the pump we had was not as big as other times. So the drop may not be as bad this time around too. It would make sense as well. That being said, I was able to raise 16 btc from day-trade with Susan A Kokat in few weeks. Thanks for all your great work, doing what you do well!
Exchanges were how pension funds were funneling money from client accounts into escrow companies to inflate the housing bubble. I wonder how much pension money was trapped in FTX and what the effect on the housing market when the cash flow from pension funds stops. No wonder politicians are excited, their phony baloney jobs are on the line!
This dude should be in jail by now. Gary G can't speak anything about this? Because the dude is too busy jerking off.
Lots of word salads from these two, sounds ever so clever and sophisticated. It's very simple. A pure high vol risk speculative asset designed to be non transparent where no regs exists, and spot prices are pumped by ridiculous amounts of leverage by retail and exchanges themselves, where collateral are used several times over……LOL. All that together it's all built and enabled by cheap or free cash, but when rates hike and liquidity is charged at a premium then all those entangled risk offsets built on cheap money suddenly get called in rapidly. This is CDS/ CFO esque.
Enjoy the rolling bankruptcies to come. RIP to those who didn't get out…..10cents on the dollar for recovered amount is very good value.
Can someone tell me about his background? Education & religion belief’s i.e how he was raised?
I feel sorry for the little guys who will be hurt on this one! Crypto and all involved are not backed up by the FDIC. Also, for the whales in this Ponzi Scheme, ten cents on the dollar has got to sting. Crypto is a Scam, nothing more, nothing less.
Lmao oyyy veyyyy
Why should we trust crypto? Nobody knows anything about it! As all these frauds become unveiled all the big players want regulation now. Now they want it to behave like the dollar. And if that’s the case then why not just use the dollar??? I hope all the people are investigated and penalized.
Little weasel thief. Not dumb enough to let this clown steal from me, but if I was, I would probably execute this scammer. 🤡
The crypto market has been unfavourable for months and i keep losing my money selling-off during dips,i'm very scared of holding right now,how do you guys still make so much
چرا فرسی نیست
Success spanning from investments can be quite overwhelming especially when you’ve been losing so much in the past. This is my life story for almost a year plus till I took the bold step of working with a renowned pro trader who in all his effort has been very excellent.
This is 100% money laundering. Ukraine invested the money that was sent to them into FTX, which was then invested into the democratic parties reelection campaign. FTX crash, the CEO Sam Bankman has disappeared with God knows how much money as did the money trail.. Surprise, you've all been played! Kinda like the demo promise to reverse student loans.. it was all just a big fat lie to convince you idiots to vote democrat..
"Failure is the condiment that gives success its flavor." _Truman Capote
Wow
Amazing video and thank you for breaking it down!! Despite the economic downturn, I'm so happy 😊I have been earning $ 60,000 returns from my $9,000 investment every 21days.
Getting sick and tired of these bots shilling AMC crap. It's not going to happen, there will always be someone throwing in a wrench to ruin the deal.
I love the grounded reality of this channel… TA is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market.This is the worst possible time in history to invest as so many don't back up their crypto assets.More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market.I have made over 1.8btc from day tradng with Peter Donovan insights and signals in less than 2 weeks, this is one of the best medium to backup your assets incase it goes bearish.<The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first.. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signal's. You can reach Peter Donovan on ͲeIєɠɾαm
👉👉
(@PeterDonovan1) He runs program for investors/newbies who lack understanding on how trading Bitcoin work's..
To me Ithink of it as 1000 different casinos money who is left standing and assets that have been converted into hard assets?
Finally. I was dismayed that first day, binance was being gaslighted by press in love with Sam.
Justin Sun is just buying time to bring some stability . He will be dumping
Crypto = play money if you buy it better be in a position to loose it. Crypto value = 0. Silly people who invested in Crypto now broke Ha Ha Ha….
Gave 150K to republicans…and 30 million to democratic candidates…just imagine if the opposite were true.
Almost a year and some months working with a pro and I consider it the best approach to trading because losses won’t be incur at all and profit returns are guaranteed I advice all new and existing traders to use the same means to theirs because it has proven effective.
"All our dreams can come true if we have the courage to pursue them." -Walt Disney
go to jail sbf.
This is a scam people…buy gold or something of actual value…These are crooks…all of them.
🐕🚀🌕