The president of crypto exchange FTX’s US arm says buzzing new activity in the industry is hinting that crypto spring is nigh.
In a new interview with Bloomberg Technology, FTX.US president Brett Harrison was asked what he thought of the recent deal between Coinbase and BlackRock.
“It does seem to me that winter is starting to thaw… Prices are obviously rising, and what we are actually seeing here [is] a lot of these forced liquidations in the market, they’re starting to come to an end. No more news about different exchanges or lending platforms going under, Voyager is returning funds, large undeployed venture capital is starting to be deployed again…
And then, of course, this news coming out with Coinbase and with BlackRock showing that the institutional demand to be able to trade crypto through some of the more traditional, huge players in the market is not slowed down. In fact, as the saying goes, this is the time to build. People are obviously building now. And as we start to...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...