Antoine Le Calvez, blockchain information engineer at Coin Metrics, explains what occurred through the Bitcoin liquidation spiral on March 12, why it was so important for the Bitcoin markets, and the way a DDOS assault affected buying and selling on BitMEX and the Bitcoin value throughout a interval of excessive liquidations. We additionally talk about how Bitcoin liquidity has modified since Black Thursday, why that may be, and likewise what the coronavirus is exhibiting us about Bitcoin’s correlation to conventional monetary belongings.
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Episode hyperlinks:
Antoine Le Calvez: https://twitter.com/khannib
Coin Metrics: https://coinmetrics.substack.com
Coin Metrics’ BitMEX submit: https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-bf8
BitMEX on the DDOS assault: https://weblog.bitmex.com/how-we-are-responding-to-last-weeks-ddos-attacks/
BitMEX Insurance coverage Fund: https://weblog.bitmex.com/bitmex-insurance-fund-your-questions-answered/
Hyperlinks from information recap:
https://unchainedpodcast.com/the-jaw-dropping-events-of-black-thursday/