That’s not good. Usually, if these firms have been non-public, they’d be attempting to determine tips on how to survive. Take Coinbase as an illustration. It has been round since 2012, and so it has survived a number of bear markets. However this time round, it has the general public shareholder to fret about. And the extremely liquid, public shareholder is way extra impatient than the extremely illiquid, non-public shareholder.
Crypto gives back gains as macro headwinds overwhelm regulatory optimism
For about 48 hours, crypto had something genuine to celebrate. The CLARITY Act, a landmark piece of stablecoin regulation, cleared...
