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Aug 2024
1h 4m

Crypto's Flash Crash, What Next? | 1000x

Blockworks
About this episode

In this episode, we discuss the sudden market unwind that sent crypto cascading over the weekend. We deep dive into the short vs long term setup for crypto as markets try to rebound. Stay safe out there & enjoy!

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Follow Avi: https://twitter.com/AviFelman

Follow Jonah: https://twitter.com/jvb_xyz

Follow 1000x: https://twitter.com/1000xPod


Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

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Perennial is an on-chain derivatives protocol built from first principles to be a DeFi primitive. The core protocol is minimalist, flexible, and efficient, allowing Perennial to mold to the needs of many different users & use cases.


Perennial has a super efficient core protocol that lets LPs use native maker leverage — allowing $1mn in TVL to back to $5-10mn in Open interest.


Trade and LP at: https://perennial.finance/1000x

Social: https://x.com/perenniallabs

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Timestamps:

(0:00) Introduction

(2:08) Why Are Markets Unwinding?

(12:49) Should You Catch A Falling Knife?

(20:43) Perennial Ad

(22:14) Will The Fed Intervene?

(29:02) Is Crypto A Safe Haven?

(34:50) Bitcoin vs Alt's

(52:16) Q&A

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Disclaimer: Nothing said on 1000x is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Avi, Jonah and our guests may hold positions in the companies, funds, or projects discussed

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