Chairman of the New York Stock Exchange, Jeff Sprecher, has assured crypto lovers and “investors” that Bitcoin and other cryptocurrencies are here to stay and they aren’t going anywhere, well, anytime soon.
The 63 year-old American businessman who is also the Founder, Chairman and CEO of Intercontinental Exchange and Chairman of the New York Stock Exchange expressed his opinions and views about cryptocurrencies as a whole. According to Sprecher, cryptocurrencies definitely have a future in regulated financial markets.
Next year will definitely be a good year for cryptos as the New York Stock Exchange is planning to launch an exchange platform called Bakkt. The launch will happen under Intercontinental Exchange which is operating under the NYSE.
However, we also have to keep in mind that there will be a Bitcoin halving which will take place after next year, specifically in 2020 and that’s expected to shake the market, promising more dips.
Although, Mao Shixing, who is the CEO of F2Pool (the 6th largest mining pool in the world) has assured investors that the investment model for mining would have altered by then and might not impact the market as expected.