Episode 6 of Cointelegraph's Crypto Trading Secrets podcast touts an interview with Brian Krogsgard (Ledgerstatus on Twitter).
podcast has published Episode 6, covering an array of content that should pique the interest of cryptocurrency traders. This episode’s guest is Brian Krogsgard, also known as Ledgerstatus on Twitter. Krogsgard is a trader and one of the co-founders of Flip.xyz, a nonfungible token platform. He is also a podcaster in the crypto space.
Among the questions fielded during the Feb. 16 recording, host Benjamin Pirus asked Krogsgard to give his opinion on what he thinks has most impacted the price of Bitcoin over the past year. “Liquidity,” he responded. “People just do not have spare liquidity for a multitude of reasons. They have counterparties that went bankrupt, and that might have forced them to lose money. They got coins stuck on places that went bankrupt. Lost access to them, lost in trading, lost because of taxes, whatever.”
“Those are all challenges for liquidity, and you need liquidity for the healthiest of markets, and so that’s been a challenge,” he added. Amid the runaway train that was the 2022 crypto bear market, the space saw significant turmoil.“I would actually say the problems go way before that with Bitcoin because we saw with FTX there was massive rehypothecation of Bitcoin,” Krogsgard continued.
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