Crypto Titans: How trillions were made and billions were lost in the crypto markets
Helping EVERYONE to make better crypto investment decisions.
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💥 This book explains, how the crypto industry started and evolved, and how everything in crypto is ultimately connected. It shows the players behind the $3 trillion industry (at its peak) and how billions of dollars were lost.
👍 "If you want to understand how everything in crypto is related, and why and when crypto prices move up or down, this book is for you."
🌎 Publication date: April 10, 2023
Kindle pre-order available now / print available on publication date
https://www.amazon.com/Crypto-Titans-Making-Trillions-Billions-ebook/dp/B0BTX6CZGF/ref=sr_1_1?crid=399M9R1ICFD9I&keywords=crypto+titans&qid=1675817089&sprefix=crypto+titan%2Caps%2C341&sr=8-1
👉 In this book you will learn:
✅ How each of the four crypto bull 📈 markets of 2011, 2013, 2017, and 2021 unfolded, the drivers behind them, and what caused prices to correct violently during bear 📉 markets.
✅ How crypto markets naturally progressed, and how everything is therefore related.
✅ The players involved, and how they have made money—while others have lost large sums.
Understanding these points may help the reader to identify the next crypto bull market. The last three years have been the most instrumental in the development of the market, with the adoption level reaching not only individuals but also asset managers and corporate executives—only for the development to be cataclysmically overshadowed by bankruptcies of multi-billion-dollar crypto lending firms and crypto trading desks and the misappropriation of $8 billion in customer funds by the executives of the FTX crypto exchange.
Overview:
👇 The first part of the book describes how Bitcoin started as a peer-to-peer payment system, and how the first crypto bubble was facilitated by onramp payment companies in 2011, which mainly funneled money into the notorious Mt. Gox exchange in Japan, eventually leading to investors’ funds being stolen.
👇 The second part analyzes how China embraced Bitcoin and hailed it as a new form of money, which set off a massive speculative bubble in 2013.
👇 The third part describes how Ethereum got really started and set off the period of initial coin offerings (ICOs) that would lead to the third bull market in 2017. It also identifies the decisions that caused Tether to become the most important stablecoin.
👇 The fourth part of the book shows how decentralized finance (DeFi) started, and how the speculative mania that was set off by the COVID stimulus checks would reach its peak.
👇 The fifth part of the book takes a deep dive into the 2022 bear market, exploring how crypto spectacularly crashed from a multi-trillion-dollar valuation and why the implosion of the Terra stablecoin caused $60 billion to vanish within a few days.
👇 The sixth part contemplates the events that led to the implosion of Sam Bankman-Fried’s crypto exchange FTX, once valued at $32 billion, after a meteoric four-year rise.