FTX Collapse May Bring Bull Market Faster, Says Prominent Trader

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

.MustStopMurad believes that there is a silver lining to the FTX implosion

that the headline-grabbing implosion of the FTX exchange might actually make the ongoing bear market shorter. published by The Economist argues that the cryptocurrency industry might not be able to survive after its reputation suffered a catastrophic blow. It argues that crypto has never looked so “criminal, wasteful, and useless.”

Meanwhile, a recent Financial Times article makes a case against creating a legitimacy-inferring cryptocurrency regulation framework since crypto has to simply burn into oblivion after the FTX collapse. While Mahmudov’s recent comment might be easily dismissed as wishful thinking, JPMorgan analysts offered a rather similar view in their recent note. The largest U.S.

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:

 /  🏆 295. in NG
 

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

MustStopMurad Theyy don’t want youu to know thiss

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

The FTX contagion: Which companies were affected by the FTX collapse?Some of the firms affected include Genesis, Sequoia Capital, Galaxy Digital, and Galois Capital.
Source: Cointelegraph - 🏆 562. / 51 Read more »