Premiered on Mar 01, 2023
Today, Alex and Shimon discuss the latest Bitcoin news, the decoupling of Bitcoin and the traditional markets, and the Celsius bankruptcy proceedings. Critically, the Celsius retail clawback rule and how that can affect. Our guest today is Kristen Ragusin. Kristen is a professional wealth management consultant with twenty-five years of experience. Investing over $150 million, she helps clients navigate markets and achieve financial goals. She is a certified digital currency professional and earned her Master’s Degree from the Fletcher School of Law and Diplomacy at Tufts University. Kristen holds certificates in FinTech from the Massachusetts Institute of Technology and in Money and Society from the University of Cumbria, London.
The latest episode of the “Auction Show” covers various news in the crypto industry. The hosts start by discussing the flat price action of Bitcoin, which has decreased 5% in the past week and shows signs of short-term bearish divergence. However, Bitcoin has remained steady despite inflation rates increasing in the United States. The hosts also note that Bitcoin is decoupling from NASDAQ, solidifying its position as a commodity that performs better than the stock market. They also discuss the recent surge in natural gas prices, which will have an impact on Bitcoin since it operates as a synthetic commodity that sees its security increase when its demand and price increase rather than its supply. The featured interview in the episode is with Kristen Ragusin, who discusses the misunderstanding of money and how Bitcoin can help solve the issue. The hosts also touch on the Celsius bankruptcy and FTX’s guilty plea.