When the crypto is renewed after this cold winter, companies like Three Arrow Capital will have no place;  Bitcoin is sinking towards 20 thousand dollars

When the crypto is renewed after this cold winter, companies like Three Arrow Capital will have no place; Bitcoin is sinking towards 20 thousand dollars

“I have seen a lot of speculation about BlockFi’s risk management practices that I want to address. Although our policy is not to comment on certain other parties, we are committed to providing as much transparency as possible and it is important to know the following:” (BlockFi CEO Zac Prince) … “Spot ETPs have been launched in other countries without incident and with great interest from investors. In Canada, for example, the first bitcoin ETP spot reached C $ 1 billion in assets under management a month after its 2020 launch.[17] Spot crypto ETPs are also popular in Europe, where there are more than 70 crypto ETPs with an estimated total assets of $ 7 billion.[18] ETPs in these other jurisdictions have functioned, even in volatile markets. Why is the SEC being delayed? At what point, if any, does the growing maturity of the bitcoin spot market and the success of similar products elsewhere shift the scales in favor of approval? Of course, the facts and circumstances of each application are important, but will I ever stop listening to the outdated question: “When to spot bitcoin ETP?” (SEC Commissioner Hester Peirce in a speech on June 14) … “today’s interview, when asked if BTC can be scaled for payment for transparency, my answer: 1) BTC can absolutely be a means of payment, lightning, L2 or wrapped 2) BTC chain is not intended to measure millions of TPS- and, so there will be no global payments directly 3) bullish on blockchain payments. ” (FTX CEO Sam Bankman-Fried / Twitter)



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