'Crypto winter' won't end in 2023 — Bitcoin advocate David Marcus

Norge Nyheter Nyheter

'Crypto winter' won't end in 2023 — Bitcoin advocate David Marcus
Norge Siste Nytt,Norge Overskrifter
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Hoping 'crypto winter' will end next year? Don't bet on it, warns davidmarcus.

) and crypto will need until at least 2024 to"recover from the abuse of unscrupulous players," says one of the industry's best-known names.released on Dec. 30, David Marcus, CEO and founder of Bitcoin firm Lightspark, disappointed bulls with his outlook for the coming years.Less than two months after the FTX meltdown, the repercussions continue to unsettle sentiment and price performance alike.

While mentioning FTX only once, he referenced what he called"unscrupulous players" dragging out market underperformance even beyond next year."It’ll take a couple of years for the market to recover from the abuse of unscrupulous players, and for responsible regulation to come through. Consumer trust is also going to take a few years to rebuild, but ultimately I believe this will prove to be a beneficial reset for legitimate industry players over the long run.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

Cointelegraph /  🏆 562. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Crypto Biz: Did Michael Saylor buy the Bitcoin bottom for once?Crypto Biz: Did Michael Saylor buy the Bitcoin bottom for once?Some people buy the dip, some buy the Bitcoin bottom. With his latest BTC purchase, which one did Michael Saylor do? (Reporting via forgeforth_)
Les mer »

Bitcoin, Ethereum set for worst year since 2018Bitcoin, Ethereum set for worst year since 2018A tough year for crypto has bitcoin and Ethereum posting their worst performance in four years.
Les mer »

Crypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin TrustCrypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin TrustValkyrie Investments said it wants to become the sponsor and manager of the massive Grayscale Bitcoin Trust (GBTC), saying it’s “time for a change.” By HeleneBraunn
Les mer »

Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX – Regulation Bitcoin NewsBahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX – Regulation Bitcoin NewsThe Securities Commission of the Bahamas has seized FTX's crypto assets valued at more than $3.5 billion. cryptocurrencies
Les mer »

How Bitcoin helped a family to have kids | Crypto Stories Ep. 20How Bitcoin helped a family to have kids | Crypto Stories Ep. 20A Bitcoiner in London brings new meaning to the phrase “generational wealth.” The Noodle family had always planned to have kids. Sadly, conceiving was a chal...
Les mer »

Financial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products – Featured Bitcoin NewsFinancial Giant Fidelity Files Trademarks for Crypto, NFT, and Metaverse Products – Featured Bitcoin NewsFinancial giant Fidelity Investments has filed trademark applications for a wide range of crypto, NFT, and metaverse products and services. cryptocurrency
Les mer »



Render Time: 2025-03-01 21:57:55