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…
