FTX collapses as Bitcoin hits a two-year low

One of the most dramatic and rapid reductions in wealth in financial history occurred in the cryptocurrency market. The unexpected spectacular collapse of cryptocurrency exchange FTX this week sent prices plummeting down across the board, just when the industry was beginning to assume Crypto Winter had passed. CoinGecko data shows that the value of both…

Market Manias

Extract from the book “Popping the Crypto Bubble” from Stephen Diehl, Darren Tseng and Jan Akalin. This book is recommended for all those who are planning to invest in cryptocurrency and don’t want to end up in a foolish way losing their money.