eyes are on markets and earnings reports as bitcoin and ether investors wake up to an unpleasant surprise- a price drop following Elon Musk's Tweet announcing a suspension in bitcoin payments due to environmental concerns. Coinbase is among those out with earnings reports this Thursday. Joining "First Mover" to share their markets perspectives: Kyle Samani of Multicoin Capital, Lennix Lai of OKEX and Matt Hougan of Bitwise.
"First Mover," CoinDesk TV's flagship show, gives investors the top global market, business and regulatory news stories impacting digital assets. Hosted by CoinDesk's Christine Lee, Lawrence Lewitinn and Emily Parker, "First Mover" features daily dispatches from CoinDesk reporters and partners around the world and high-profile guests including top newsmakers, influencers, analysts, traders and trend watchers at crypto exchanges.
"First Mover," CoinDesk TV's flagship show, gives investors the top global market, business and regulatory news stories impacting digital assets. Hosted by CoinDesk's Christine Lee, Lawrence Lewitinn and Emily Parker, "First Mover" features daily dispatches from CoinDesk reporters and partners around the world and high-profile guests including top newsmakers, influencers, analysts, traders and trend watchers at crypto exchanges.
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Francisco Gimeno - BC Analyst Is the crypto market so thin that a mere Tweet causes a dip? Musk is playing with everyone for his own reasons, and this is not going to change. What will happen if he says the opposite today? A market can't depend on this. There reasons for the dip or correction are more complicated than this. Again, let's look at the big picture, where the institutional money is, where the real crypto developments are and what are the plans for the future.