
LMAX CEO: It's time for crypto to embrace regulation
The Scoop
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Bitcoin Is Gold of Cryptocurrency
Banks are being shorted and people are long Bitcoin despite the fact that we have this uncertainty hanging over the space on banking relationships. I think the small 10% bump in crypto prices is tiny compared to the sell-off of bank stocks in the U.S. and globally. Look they're almost unconnected but the truth is if you're in crypto today it's not just you know that individual necessarily but Bitcoin is is gold of crypto so the flight to quality for crypto right now would be they're going to Bitcoin and perhaps also Etherum.
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