Crypto issues 'not just idiosyncratic' to the space, industry expert argues

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Ava Labs President John Wu weighs in on recent market volatility, arguing that he believes the idiosyncratic crypto issues have 'played mostly out.'

This past year, tighter monetary policy has impacted both stocks and cryptocurrencies.

Gemini founders Cameron and Tyler Winklevoss have warned that the crypto industry is entering a "crypto winter," described as a "contraction phase settling into a period of stasis." The cryptocurrency exchange recently , citing "turbulent market conditions that are likely to persist for some time." On Friday, Federal Reserve Vice Chair Lael Brainard said the industry needs strong regulation, noting that recent turmoil has shown cryptocurrencies face the same risks as the traditional finance sector.

 

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

Guys, do you have any idea which exchange is the most profitable to trade on Maybe, a couple of variations to who is not difficult?

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:

 /  🏆 458. in CA

Canada Canada Latest News, Canada Canada Headlines

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

Russia boosting crypto monitoring as industry regulation draws closer: ReutersRussia's financial monitoring agency is upgrading its ability to track cryptocurrency transactions as Moscow looks to regulate the industry later this year Vladimir will be check all alone 😉
Source: TheBlock__ - 🏆 464. / 53 Read more »