The Future Of Bitcoin Is Hazy After The Crash Of FTX

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Nathan Aisenstadt


  • With Bitcoin's current price of $16,000, investors holding more than a thousand Bitcoins in their accounts for the first time since 2020 suffered an unrealized loss.
  • Over the past two months, there has been an enormous rate of withdrawal from exchanges as investors and traders seek to reduce the risks.
  • A significant share of Alameda Research's capital was held in FTT, which could lead to the collapse of FTX and its subsidiaries.
  • During the current crypto crisis, I expect that many cryptocurrency exchanges, including Coinbase, will continue to lose customers, which will lead to a deterioration in their financial situation.
  • Bitcoin mining difficulty continues to increase, which creates additional pressure on crypto miners.
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At the beginning of November 2022, the collapse of the FTX (FTT-USD) cryptocurrency exchange began, which with a high degree of probability will lead to the massive bankruptcy of its subsidiaries and will directly affect the mining company and other

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Nathan Aisenstadt profile picture
I am an independent research analyst focused on finding undervalued assets with above-average growth rates and developments that can dramatically improve the company's financial position. When investing, I use medium-term and long-term trading strategies that take into account psychological and behavioral variables and are able to mitigate the risks associated with macroeconomic and geopolitical instability.The main sectors of analysis are industrials, materials, crypto, and healthcare.When analyzing assets in the healthcare sector, in addition to examining their financial position, I delve into the safety and efficacy data of the company's product candidates from preclinical and clinical studies, allowing me to evaluate their commercial prospects. While the education received at the Hebrew University of Jerusalem contributes to a comprehensive and detailed analysis of biotechnological and physicochemical processes used in the production of goods in the agricultural, oil and gas, and chemical industries. As a result, it allows me to find the most promising assets in a rapidly changing market and publish meaningful articles on Seeking Alpha.My e-mail for any questions and suggestions:

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: This article may not take into account all the risks and catalysts for the stocks described in it. Any part of this analytical article is provided for informational purposes only, does not constitute an individual investment recommendation, investment idea, advice, offer to buy or sell securities, or other financial instruments. The completeness and accuracy of the information in the analytical article are not guaranteed. If any fundamental criteria or events change in the future, I do not assume any obligation to update this article.

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