Coinshares, Metaco bosses brace for 18 months of crypto ‘suffering’


Crypto price turmoil shows no sign of ending soon with ‘testing’ times ahead, chief executives tell Financial News

The crypto sector has already seen a number of companies file for bankruptcy or insolvency in recent months as a result of tumbling valuations

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Hopes that the crypto winter will soon thaw are looking increasingly remote, chief executives tell Financial News, as many prepare for the bear market to stretch deep into 2023.

Jean-Marie Mognetti, CEO of CoinShares, said he expects the industry to be “suffering for at least 18 months.”

However, he added that small improvements may begin…

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