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Crypto Long & Short: The Emergence of Prime Brokers Adds Resilience but Also Risk

From coindesk.com

There are many types of hockey-stick evolutions in new industries. Startups dream of the lying-on-its-back L shape for their sales growth. Entrepreneurs chase the “escape velocity” funding momentum. And a subsector can simmer along with a low hum of activity until boom, years of progress and feverish months of under-the-surface connecting explode in a series of announcements and launches that signal a new phase of development. Ok, maybe hockey sticks are not the best metaphor as they are made of a solid piece of something (you’ll notice I don’t know much about hockey). And the crypto markets are far from a solid ... (full story)

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  • Category: Fundamental Analysis