Four Insights on Crypto Liquidity From Binance US and FTX

Technology

In crypto, it’s exactly the opposite, Bankman-Fried pointed out during our conversation. Exchanges are the biggest, the deepest-pocketed and among the most influential crypto firms operating today. In part, that’s because bitcoin and ethereum aren’t firms. In part, it’s because of crypto’s immaturity: speculating on the speculative activity of others is the only use case that’s really been proven; it’s turtles, all the way down, as the old theological joke goes. 

Products You May Like

Articles You May Like

Tether also confirms its throwing weight behind the post-Merge Ethereum
Allbirds ‘dramatically’ slows pace of new hires as loss widens
The Fed disagrees, but Main Street says ‘the recession is already here.’
Bitcoin realized price bands form key resistance as bulls lose $24K
Nomad refutes claims of ignoring bugs, establishes a new address to return funds

Leave a Reply

Your email address will not be published.