Haider Jamal

Aug 13, 2022

FTX Predicts An End To Crypto Winter

FTX.US President, Brett Harrison, recently explained why he believes the ongoing crypto winter could be ending sooner rather than later.

According to him, the new Coinbase and BlackRock partnership is a strong indicator of the crypto winter coming to an end, citing the huge impact of rapidly growing institutional demand regarding cryptocurrencies and other digital assets.

Moreover, Brett strongly believes that now is the time to continue building and developing the crypto and blockchain sector so as to have the necessary tools and capital for when investors eventually resume trading heavily in cryptocurrencies once more.

Lastly, when asked about the number of layoffs made by notable companies like Google, Microsoft, Robinhood and Coinbase, Brett stated that having additional employees does not necessarily lead to more growth, and that this is a lesson that every company should learn prior to the market finally getting back on track.

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