The Scoop Crypto’s markets have matured but there’s still inefficiencies to profit from, says crypto veteran David Wells
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Dec 11, 2024 David Wells, a crypto expert and CEO of Enclave Markets, shares insights on the evolving landscape of digital asset trading. He discusses the importance of security in crypto, especially post-FTX collapse, and the demand for regulated exchanges. Wells highlights innovative trading strategies, emphasizing systematic approaches for small institutions and individual traders. The conversation also delves into the challenges of fragmented markets and the potential for new products to enhance liquidity, showcasing his vision for a more structured trading environment.
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Crypto OTC on Telegram
- Crypto OTC trading started on Skype and now happens on Telegram.
- This is due to speed, fragmented custodians, and established trust.
Maturing Crypto Markets
- Crypto markets are maturing with increased institutional participation.
- Directional hedge funds are entering, potentially boosting liquidity like in traditional markets.
Inefficient Markets
- Crypto markets seem more inefficient despite institutional involvement.
- Liquidity is fragmented across exchanges, but new instruments like ETFs create arbitrage opportunities.