Most Cryptocurrencies Might Collapse, But Bitcoin and Ethereum Will Outlast All: FTX US CEO - BitcoinEthereumNews.com
Bitcoin EthereumMost Cryptocurrencies Might Collapse, But Bitcoin and Ethereum Will Outlast All: FTX US CEO06 / 03 / 2022Balita ng Ethereum ng Bitcoin Na may higit sa 19,000 digital asset in the crypto space and dozens of blockchain platforms, Brett Harrison, CEO of cryptocurrency exchange FTX U.S., said that hundreds of these might not last. All of these cryptocurrencies are unlikely to survive, in his view. “When you think about the blockchains…there probably won‘t be hundreds of different blockchains in 10 years, I think there’ll be a couple of clear winers for different kinds of applications,” Harrison told CNBC. “And well see the market…sort that out over time,” he continued. Others in the cryptocurrency industry believe that thousands of cryptocurrencies will go extinct and that the number of blockchains will decrease in the next years. Only “scores” of cryptocurrencies may exist in the future, according to Brad Garlinghouse, CEO of fintech company Ripple. Guggenheim Chief Investment Officer Scott Minerd, who previously projected that Bitcoin might fall to $8,000, also indicated that most crypto is “junk,” but Bitcoin and Ethereum will survive. Ads Spotlight turns to cryptocurrencies The recent market-shocking pagbagsak of Terras algorithmic stablecoin UST and its sister token LUNA has focused attention on the myriad cryptocurrencies