Altcoin Crash Coming? | Bitcoin Price Update | SBF Latest News | US Printing More Money
Altcoin Crash Coming? | Bitcoin Price Update | SBF Latest News | US Printing More Money
#altcoin #SBF #Crypto #Bitcoin
In a market outlook report published on Dec. 20, Coinbase Institutional stated that the crypto winter will extend well into 2023, especially for altcoins.
Company analysts expect digital asset selection will transition towards “higher quality names” like Bitcoin and Ethereum. This is based on several factors, such as sustainable tokenomics, the maturity of respective ecosystems, and relative market liquidity.
They were not confident that altcoins would see much momentum next year.
Coinbase painted a gloomy outlook for altcoins going into 2023, suggesting that only the top two crypto assets will remain popular.
https://cryptopotato.com/coinbase-predicts-extended-crypto-winter-for-altcoins/
FTX founder Bankman-Fried in Bahamas court, extradition looms
https://www.reuters.com/legal/ftx-founder-bankman-frieds-bahamas-case-resume-extradition-looms-2022-12-21/
Here’s what’s in the $1.7 trillion federal spending bill
https://www.cnn.com/2022/12/20/politics/spending-bill-congress-omnibus/index.html
https://www.foxnews.com/media/rep-bishop-reveals-sinister-feature-omnibus-bill-family-planning-threats-biodiversity
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