In a panel discussion, Steve Ehrlich, Ram Ahluwalia, Carlos Guzman, and YQ dissect the recent crypto market crash triggered by Trump's tariff threats and Binance's oracle adjustments. They explore potential causes, including coordinated attacks and market microstructure exploits, and debate whether it was a conspiracy or opportunistic actions. The conversation covers the role of leverage, liquidity issues, and the impact of ADL mechanisms, with insights into how market makers and exchanges responded. They also discuss potential solutions like self-regulation, improved exchange procedures, and the need for greater transparency, while also looking ahead to market recovery and future trends, with differing views on the strength and stability of altcoins versus major cryptocurrencies.
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