Thought last year was bad for crypto? From FTX to Silvergate, the red flags are flying for the year ahead.

Jan 6 2023 by Business Insider

 

Ready for the weekend? Phil Rosen here, writing to you from behind a cup of joe in California. 

It's no accident coffee's among the world's most traded commodities. It's got a distinct taste and aroma, and people rely on its energizing effect.

That's almost the opposite of crypto, which can hardly be said to "exist" at all. 

Investors are realizing that, behind all of the marketing intrigue, there isn't much there. The only thing propping up prices may just be the Greater Fool Theory –...

Continue Reading Thought last year was bad for crypto? From FTX to Silvergate, the red flags are flying for the year ahead.