EddieJayonCrypto
26 Jun 22
• Goldman Sachs is looking to snatch Celsius assets at a serious discount• Charles Hoskinson & Hester Peirce stress the importance of appropriate and clear crypto regulation• Moving my focus from what is going wrong to balancing that with what is going rightLast week saw some seriously good news and...
• Goldman Sachs is looking to snatch Celsius assets at a serious discount• Charles Hoskinson & Hester Peirce stress the importance of appropriate and clear crypto regulation• Moving my focus from what is going wrong to balancing that with what is going rightLast week saw some seriously good news and a couple of speedbumps. Here is what is on my mind for the upcoming week.1. The vultures are circling Celsius and one of them is looking like they are trying to get deeper into the DeFi game and bringing some clients along for the ride. Goldman Sachs is trying to snatch up the Celsius assets under management for a steal and we should all be looking at that as another major player validating the DeFi space. When you look at that possible move along with those of JPMorgan and Citi, you realize the space is moving toward TVL levels that haven't even been dreamed of. 2. I have been listening to people like Charles Hoskinson, Co-founder of Cardano, and Hester Peirce, an SEC Commissioner, stress the importance of appropriate and clear crypto regulation. As we continue moving forward with the rapid growth of crypto, those points are going to become even more important. 3. People seem to be focusing on the cryptosphere companies cutting jobs. I have to admit I was looking at that list growing with Bitpanda and Bybit being added last week. Looking forward, I am focusing on companies like Ripple and Binance that planned and are looking to not only significantly increase their respective teams, but also looking to expand operations through purchases.