What is a short squeeze, and why Bitcoin is over $23,000? - Episode 343 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it23 Jan 2023

What is a short squeeze, and why Bitcoin is over $23,000? - Episode 343 - by cryptohunt.it

What is a short squeeze, and why Bitcoin is over $23,000?

Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain English.

The markets have been good to Bitcoin recently. Despite multiple bad news, such as the bankruptcy filing of crypto lender Genesis, it has shot up past $23,000.

Markets bad, crypto up? Sounds illogical? A so-called "short squeeze" may be responsible.

But how does this work? Let's look at an example. Say you think the housing market is about to collapse. You decide to sell your house, rent for a few weeks, and then buy back in when prices are down.

Turns out though, you were wrong. Prices don't collapse, and instead – for a day or so – they look like they are going up. You panic, fearing to miss out, and buy back in, pushing the neighborhoods prices up with you.

That's what likely happened to Bitcoin according to market observers. Investors bet against the Bitcoin price in what is called a short sale, and when prices didn't drop, they panicked and tried to buy the Bitcoin they owed. This pushed prices up despite everyone betting against them.

And now you know what a short squeeze is. This actually happens all the time in crypto - because it is still so small in comparison, that even smaller bets against it can make the market move.

And if you like to learn bite sized content like this: Why don’t you share this podcast with a friend. I bet they appreciate a good recommendation from you. Thanks for getting the word out for us! I see you back here tomorrow.

This podcast is produced by Cryptohunt.it, the easiest place to learn all about Web3.

Avsnitt(373)

The most expensive NFTs sold to this date - Crypto in Plain English – Episode 13 - by cryptohunt.it

The most expensive NFTs sold to this date - Crypto in Plain English – Episode 13 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Let’s look at some examples of NFTs that sold for millions and speculate why. One to make main...

14 Okt 20211min

Are NFTs actually useful for artists? - Crypto in Plain English – Episode 12 - by cryptohunt.it

Are NFTs actually useful for artists? - Crypto in Plain English – Episode 12 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Are NFTs just good for speculation, or are they a new way of helping artists? Last time we dis...

13 Okt 20211min

What makes NFTs so valuable? - Crypto in Plain English – Episode 11 - by cryptohunt.it

What makes NFTs so valuable? - Crypto in Plain English – Episode 11 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Why people are spending millions of real dollars on NFTs. Last episode, we discussed what NFTs...

12 Okt 20211min

What is a NFT? - Crypto in Plain English – Episode 10 - by cryptohunt.it

What is a NFT? - Crypto in Plain English – Episode 10 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: An easy explanation of NFTs. To explain NFTs, let’s first remember how cryptocurrencies work: ...

11 Okt 20211min

What is a stable coin? - Crypto in Plain English – Episode 9 - by cryptohunt.it

What is a stable coin? - Crypto in Plain English – Episode 9 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: How crypto becomes usable with stable coins The biggest problem with making cryptocurrencies l...

11 Okt 20211min

How to get free Lizard coins into your Metamask - Crypto in Plain English – Episode 8 - by cryptohunt.it

How to get free Lizard coins into your Metamask - Crypto in Plain English – Episode 8 - by cryptohunt.it

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english. Today: Put some Lizard Coin into your Metamask for free Now that you have Metamask installed, it’s ti...

7 Okt 20211min

Why you should know Metamask - Crypto in Plain English – Episode 7 - by cryptohunt.it

Why you should know Metamask - Crypto in Plain English – Episode 7 - by cryptohunt.it

CLICK HERE to learn more about crypto wallets through a FREE course by cryptohunt.it! 007 Why you should know Metamask Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. ...

6 Okt 20211min

Why you cannot counterfeit Bitcoin - Crypto in Plain English – Episode 6 - by cryptohunt.it

Why you cannot counterfeit Bitcoin - Crypto in Plain English – Episode 6 - by cryptohunt.it

Counterfeit currency has been around for as long as we’ve had money. The Secret Service was famously created to investigate paper money forgery. But with blockchains like Bitcoin, that is no longer ne...

5 Okt 20211min

Populärt inom Business & ekonomi

framgangspodden
badfluence
varvet
rss-jossan-nina
rss-borsens-finest
rss-svart-marknad
uppgang-och-fall
rss-dagen-med-di
rss-inga-dumma-fragor-om-pengar
lastbilspodden
fill-or-kill
borsmorgon
avanzapodden
bilar-med-sladd
tabberaset
bathina-en-podcast
rss-veckans-trade
kvalitetsaktiepodden
rss-kort-lang-analyspodden-fran-di
svd-tech-brief