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Making sense of Binance taking over FTX in craziest Crypto Winter

April 17, 2024
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Binance set to take over FTX, a huge development. Also Fed rates keep rising. What does it all mean

In this week's roundup, Bobby and Sean broke down the huge revelations hitting the Crypto market with the biggest Crypto exchange, Binance, taking over the second-biggest exchange in FTX. More details are still coming out, but this is a huge development that will see Binance take a bigger stake in the global crypto market. 

Also, they touched on the 0.75% increase in interest rates in the US while SA is expected a 0.5% increase soon. Sean shared his view on where we are in the cycle. They finished off chatting about the Macro outlook with the mid-term elections taking place in the US.

 

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