FTX crisis could extend crypto winter to the end of 2023: Report

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Bundle up. The FTX crisis has deterred investor confidence and created a liquidity crisis in the crypto market, which could very well extend the crypto winter until the end of 2023. (Reporting via _prashantjha)

The FTX crisis has deterred investor confidence and created a liquidity crisis in the crypto market, which could very well extend the crypto winter until the end of 2023, according to a new report.

that the implosion of the world’s third-largest crypto exchange has created a liquidity crisis that may contribute to an extended crypto winter.filed for bankruptcy on Nov. 11 Stablecoin dominance evaluates the relative dominance of stablecoins within the crypto ecosystem as compared to the total market cap. As

 

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_prashantjha MATIC & Bitcoin has been my best investment. Haven't been exposed to the likes of FTX. MATIC & BTC to the Mars for sure... Best crypto out of all crypto out there.

_prashantjha Not all assets have suffered. MATIC on the Polygon has held its ground. They are building a different ecosystem.They are securing partnerships with big brands like Nike instagram Starbucks adobe Adidas Prada WaltDisney Meta Stripe & Not leveraging with investors fund's

_prashantjha Maybe.

_prashantjha Disappointing cryptocurrecy

_prashantjha Don’t spread FUD. It’s gonna be ok. Join streakk for a steady and sustainable growth while the rest panics😅☄️

_prashantjha 🤨… There are literally 6 weeks left in 2023. The SBF/FTX/Alameda Research debacle is barely 2 weeks old. Given the magnitude of collusion, culpability, and exposure HOW IN THE WORLD could the fallout NOT extend into 2024?!?! CLANDESTINE POLITICAL INFLUENCE notwithstanding…🤔

_prashantjha Well it looks like it's turning out that FTX was just a money laundering scheme for the Democratic national party here in the United States

_prashantjha

_prashantjha

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