Positive Crypto Outlook Despite Negative Headwinds

Although millions of dollars seem to be wiped out every week do to some new fiasco, the overall crypto outlook appears to remain positive with many inventors looking towards regulation as a potential light at the end of the tunnel.

  • The overall crypto outlook appears to remain positive despite collapse of FTX
  • Global banks seem to have a more positive long-term outlook on the industry regardless of the continued market volatility, lack of intrinsic value, and regulatory uncertainty present
  • Institutional investors appear to remain interested in crypto’s long-term potential and have continued to load their portfolios

Although millions of dollars seem to be wiped out every week, starting with the collapse of Terra Luna in June and, most recently, FTX, many investors appear to be looking towards regulation, which some see as a light at the end of the tunnel. As a result, the overall crypto outlook appears to remain positive. …

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