Why Some Crypto Execs Think the Bear Market Is a Good Thing | CoinMarketCap

  • 📰 CoinMarketCap
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The end of speculation can ensure crypto firms with good business models survive — and help the industry become more sustainable 👀

Speaking at the Bloomberg Technology Summit in London, Atomico partner Irina Haivas said the collapse in prices had weeded out "tourists."

Another panelist, Revolut's Edward Cooper, said the bear market has also taken care of crypto companies that emerged without a viable business model. He added:And while trading volumes and user registrations have taken a tumble, Cooper revealed that Revolut's sign-ups remain far higher than before the 2020 bull run began.

During a different interview with CNBC, the founder of Citadel Securities, Ken Griffin, had another perspective on the plunging value of cryptocurrencies, meme stocks and NFTs."Money misallocated in speculative assets doesn't create jobs in the long run, doesn't help to create the long-term prosperity that makes America the country that it is."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 290. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The dramatic crash in the Crypto markets is an AWESOME thing! Helps clean out the scammers and smaller alt coins that aren't really going to do anything. Gives the poorer investors a chance to do something good with their lives. Keeps people on their toes. -Remain calm and HODL.

cryptocurrency

💥💰💰💰💥💰💰💰💥💰💰💰💥 this coin that will make you a Millionaire 👉 hzmcoin Projects Metaverse nemolandkingdom Games & apps hzmapp Communication Project I highly recommend buying and storing them buy & hodl hzmcoin malarab1 NemoLandKingdom HzmApp

no babe, but i need a extra multiverse, for her to be explained as the perfect distance from your status (very unreachable), to lower less (-+-=-).

Get more coins👉

Why dont they want us to know this

Brand new project! ! ! Invest 150U and earn 1.5 million U.The 10,000-fold richness effect quickly leads to wealth freedom. Please add me to learn more!

Get more coins👉

How come everyone is silent on this

laissez la place aux adultes les enfants

Be the next millionaire hzmcoin Plan and execute The first digital currency from the Arabian Gulf is about to launch towards the moon hzm_coin Currency Projects ➡️ metaverse ➡️ Done ➡️ Games & Apps ➡️ Done ➡️ Communication Project ➡️🔜 malarab1 HZMCoin NemoLandKingdom

mahsaamini

At that point I think that I want BTC going to 10K more than to 100K so, I could spend my USDT on the dips.

Nothing is good about what has happened. It’s clear that crypto prices rose because of greed and the excess supply of fiat. Once the faucet was shut off, crypto came crashing down. There is currently 0 utility in holding crypto other than waiting for a greater fool to buy.

takipde kalın ve kazanın 🚀

listpixswap

The bear market needs the energy of the rabbit! ! Bears can never catch up with rabbits!

Everyone failed to reach parity against the dollar, which means that the US central bank is going ahead with raising interest rates in the future

GFULL 🔥

🧐🤞

Opportunities galore!

I'm just waiting for this bear market to end by buying USDT. I'm not scared at all

Time to build follow SoromtobechiOKF for more tips on how to build

Faith only 🙄🤔

It's good to see a good project and buy it in cheap price

Ain’t worried . cultdao will survive

Crazy returns in airdrop now 🎁 .

Airdrop Don't be late 🤯 .

Get more coins👉 .

Whyy ain’tt none bothered on talkinn about this? .

It's live now airdrop on👏 .

🚀Thnkss a millon.

Nice! I have been copying signals from ChiefraFba and have a 92% win rate

I think it's the best time to buy more and invest in better projects.

I totally agree with them. This is a great opportunity to spend usdt to buy cheap promising projects

Ofcourse its a good thing so we can buy it for very cheap and HODL for long term and make good money !

Please update the supply data on LUNC

👁️‍🗨️🕳️🌾

Trading has been a lot easier. I invested A thousand dollars and got a good and massive return in few days. SolinaC_DTrader skills and accountability has been be best all thanks to her.

Yep, it makes sense! Nothing grows forever.

Pick your traders carefully, if not you'll lose your hard earn money, like I did 2 years ago. SolinaC_DTrader is very reliable and transparent. I never regretted again after I got in contact with her.

meishu

EPX 132 B 60 B

wake up wake up Btrips_Project

The crash is good to accumulate solid projects - iExec $RLC

🚀 All done! Receive coins give from our team! Try

Why is everyonee silent about this?

Good thing is that it's already crashed...further crash only means it can't be as bad as the first one

Yes to 11k

It’s good thing. This will be give space for new ideas and projects. Detox for crypto space 😈

SAFEMOON

How is it a good thing to watch your portfolio meltdown?

I’d like to know more of what do YOU think of $WLUNA 😏

Stop panic sell !🚀 To support our community, we are announcing 100,000,000 XRP GIVEAWAY 🥇 First come,first served▶️ Just note: you can receive a gift only once. Please hurry up!

🚀 Last chance! Get your coins right there!!!! Check out

I'm too🚀 To support our community, we are announcing 100,000,000 XRP GIVEAWAY 🥇 First come,first served▶️ Just note: you can receive a gift only once. Please hurry up!

Lol, I only listen to ChiefraFba for signals and analysis

🐻🐻‍❄️🏧💤💤💤

I think it might be possible next year

Hmm the bear market is not attractive to crypto tourist

Yeah, you are right, if it's utilizes well, bear market is a wonderful opportunity to buy at dip and enjoy a good profit. I think employing DCA to add more $DC to our bags is gonna be so rewarding. That's why I'm excited when I discovered that $DC is available on MEXCGLOBAL.

Crypto new era is coming!! piblockchain Web3 Picoin

Fix $AZERO informations

Acceptance...

Exactly, cz_binance is making sure binance ain't swimming naked in this tide.

RetroDogeBSC 🥳

Lol, I only listen to ChiefraFba for signals and analysis

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Institutional appetite continues to grow amid bear market — BitMEX CEOInstitutions are still hot for crypto according to Alexander Höptner who thinks that ETH will be the asset of choice now that it is ESG-friendly. So, 🔥 eeveerybody's printing freeee,making freeee 💰 trading on uniswap and you won't sharee it ESG friendly, sure, but now the SEC is going after it
Source: Cointelegraph - 🏆 562. / 51 Read more »

Despite Bear Market, Billionaire David Rubenstein Remains a Crypto ProponentWhile David Rubenstein has not invested directly into cryptocurrencies, he has exposure to firms that are part of the industry.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn – Mining Bitcoin NewsWhile crypto market prices are down, bitcoin mining operations are expanding at a rapid pace during the market downturn. 🚀Thankss a millon Lol, I only listen to ChiefraFba for signals and analysis There are plenty call channels paid to promote BSC projects Most are a waste of money due to lack of work or knowledge There a few who know the space and make a project thrive & survive The few OfficialTravlad VenomCrypto_ GollumsGems CRYPT_BOSSY CaesarsCalls Who else?
Source: BTCTN - 🏆 531. / 51 Read more »