There is no mention of Cardano in a 57-page report by coinbase
In its report, Coinbase stressed that confidence in crypto has been shaken due to a string of bankruptcies. Additionally, it mentions that the FTX debacle has led to liquidity constraints. However, there is a silver lining. As this challenging environment continues to persist, cryptocurrencies have pulled away from their speculative origins and are now providing fertile ground for innovations in the asset class, the report adds.
expects three crucial themes are expected to dominate the cryptocurrency scene throughout the next year: high-end institutional investors on the search for quality assets, new opportunities birthed by creative destruction, and wide-ranging reforms that will usher in a new market cycle.
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