Bitcoin Holds Up as KuCoin Hack, BitMEX Charges and EMN Blowup Pile Up

A recent episode of the Ledger Cast podcast takes stock of a stretch of mostly bad news for crypto, and asks why prices have not followed it down as far as the headlines might suggest.

Hosts Brian Krogsgard and Josh Olszewicz build the discussion around three stories they link in the show notes: the KuCoin hack, criminal charges against BitMEX, and an EMN position that was wiped out. Each is the kind of event that tends to spook traders, and the hosts treat them as a cluster of negative signals rather than isolated incidents.

The surprise, in their telling, is how well bitcoin and the broader market have held up through all of it. The episode focuses on that gap between the tone of the news and the relative resilience of prices, rather than on predicting where the market goes next.

Ledger Cast describes itself as a podcast about crypto trading and the blockchain ecosystem. Olszewicz writes for Brave New Coin, and the show notes point listeners to his articles and YouTube channel. The hosts also state plainly that the episode is educational and not investment advice, and that listeners should do their own research before buying anything.