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Coinbase cuts 18% of workforce and bitcoin briefly falls to $20,000: CNBC Crypto World

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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Emilie Choi, president and chief operating officer of Coinbase, explains the company’s decision to cut its workforce.

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00:00 – CNBC Crypto World
0:17 – Crypto sell-off slows
1:31 – Emilie Choi of Coinbase

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Coinbase cuts 18% of workforce and bitcoin briefly falls to $20,000: CNBC Crypto World

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22 Comments

  1. I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING…I THOUGHT TRADING DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET… CAN ANYONE HELP ME OUT OR AT LEAST ADVISE ME ON WHAT TO DO?

  2. Focus on the big picture. In the past, markets have bounced back regardless of how deep or how long the downturn was. Historically most of the market's best days have come during these periods and that's why you shouldn't panic. I'm a long-term investor and "Auto-DCA" irrespective of price and chills

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  7. when it comes to investing, we want our money to grow with the highest rates of return And the lowest risk possible. while there are no shortcuts of getting rich , but there are smart ways to go about it

  8. I'm a bit skeptical, but I know a lot about BTC. So let's clear a few things up: BTC is an investment asset, like gold, it's scarce, increasingly easy to acquire, and big players like PayPal and Grayscale have it, as do many banking institutions, hedge funds, and the masses of people. . Whales who own the self-hosted btc wallet find it difficult to sell it without doing KYC and in some cases this can lead to financial bankruptcy. People lose access to their BTC wallets, causing BTC to be frozen forever. Hype and FOMO are on the rise and most people only buy and store with btc. I mean, you have to understand that normal stock market fundamentals don't apply here. It's not a 2017 or 2018 scenario. The regulation added to BTC might even make it more desirable (although it does have a downside). Basically, anything that could prevent BTC from being immolated would be extreme regulatory restrictions and also better investment opportunities discovered by BTC owners. However, the best advice is to find a daily work/signals strategy that works well on others to accumulate and grow a very solid portfolio ahead. I have been trading with Mr. Steve James , his guidance makes trading less stressful and more profitable despite recent fluctuations. I was able to easily grow my portfolio in just 5 weeks of trading with daily signals from Steve he is very accurate and generate a great positive return on investment and are available to help anyone who likes to trade cryptocurrencies. You can contact Mr. Steve James at (ͲeIєɠɾαm.👉 Stevejames_0001 ) for inquiries and financial advice regarding crypto investment for free …

  9. TRADING CRYPTOS HAS NOT BEEN GOING WELL WITH ME, I HAVE INVESTED A LOT OF TIMES AND FAILED,😔I TRADE ON MY OWN BUT EACH TIME I KEEP LOOSING MONEY. I DON'T HAVE GOOD STRATEGIES TOWARDS THE MARKET. PLEASE CAN SOMEONE PUT ME THROUGH ON THE RIGHT PATH. 🙏

  10. Despite the dip in crypto, I still thank you for the level-headed financial advice. I started stock and crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio

    Thanks so much Mrs Victoria Nebinger Wiezorek

  11. <Your content is so far on point mate, looking at the chart,
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    recent decending pressure has led some to believe that
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  12. I <,respect your knowledge, Ive learned a lot from you. Just be realistic we are in bearmarket. I’ve lost all confidence in some youtubers after they spoke of inflation. Not really their fault but it’s much more complex than what they're saying. Money printing, interest rates kept low for too long, Stimulus, Government over spending, Executive orders and Green New Deal cutting back on oil production and supply, Unemployment benefits to high for to long, lock downs, China and world wide lockdowns causing Supply chain issues, Higher energy prices causes everything to go much higher. The list goes on but the two biggest contributors to high inflation is the Fed and the corrupt government. Russia sanctions has only hurt the Western countries….Its actually enriched and help Russia. So much more to add. BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years. This is a scary time for new and old investors but the best thing you can do is not to make commitment based on passion. I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation in Paris just yet and that mindset helps me make more money investing. For example last year I invested 90k in crypto (with the help of my advisor of course) and made about 430k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million even with the ups and downs in the crypto market. learn how to HODL and TRADE. Refusing to invest because there is risky is itself risky. You can reach out to my my advisor Mrs. Robin Moore on ͲeIєɠɾαm @moorerobin or What'sapp +12132627458 for mentorship and more information on how to trade and earn with her accurate trade signal ..

  13. The <Bitcoin price has completed several pumps and dumps movements over the past week that may confirm a new bullish expansion phase which is about to begin . Eyes are still on what happens above the current local highs, not below, even as BTC price action is up 6% in a week. We cannot predict bottoms, but it was obvious things were getting ready to go down. Why are people JUST NOW realizing the market is bearish? Extremely bearish. Point is, be patient, and just trade to build capital for when we do bottom. Don’t let these institutions destroy you. And my advice, don’t spread yourself thin with too many coins. Market moves as a whole right now, red days mean red days for almost everything, Green Days will be the same. Paper gains and losses are normal throughout the investing cycle. Continue to invest and trade, don’t panic.’.  Still love trading techniques and advice . Digital currencies continue to reshape the world globally. It's hard for anyone who is against it right now. But from a trader's point of view, I think we really need more experts in this field to give newbies a sense of how the community works. I was able to easily increase my portfolio by just  trading with Mrs Mercal Anderson daily signals growing 1.5 BTC to 4 BTC. Her daily signals are very accurate and yield a great positive return on investment and are available to give assistance to anyone who loves crypto trading, you can contact her for inquiries and profitable trading systems on Telegram @  Macsignals.** for any crypto related issues.

  14. "I have not failed. I've just found 10,000 ways that won't work." –Thomas A. Edison

  15. I'm new to Biticon trade and I want to invest any reliable and legit broker to trade my coins with please i don't want scammers thanks

  16. It definitely is white supremacy or Trumps fault for the decline of crypto….oh I forgot…also climate change is to blame

  17. Hello, I'm new to Bitcoin trade and I've been makin losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wroNg

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