"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. John Wu, President of Ava Labs, an Andreessen Horowitz backed technology company building the next-generation blockchain platform: Avalanche, says stablecoins are no different from emerging market currencies that are pegged to the U.S. dollar. Matt Hougan, Chief Investment Officer at Bitwise Asset Management, says we are closer to a spot Bitcoin ETF approval than we've ever been before.
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Francisco Gimeno - BC Analyst Information and opinions are highly needed now, both pessimistic and realistic optimist positions on what is happening now. Prices are going down, but developments, innovation and disruption continues ahead. Whatever is going to happen, let's trust the resilience of digital economy. Yes, there will be losers but also winners, and investors know this is a part of that life. Stablecoins will probably have to change to avoid what is happening to Terra Luna, and big players like BTC and Ethereum will continue for better. If a stablecoin has real foundation it will come to 1:1, if not regulators and crypto actors themselves will know what to do. Crypto is growing, sometimes with happiness sometimes, like now, with some pain. But growth it is.