The NYSE is about to launch 24/7 around-the-clock trading, and US stock traders will no longer have a 9-to-5 schedule and weekends off😆
Will this have any impact on crypto exchanges? Just look at Coinbase's CEO and Robinhood's management team continuously selling shares to know. It will definitely have a significant impact on offshore exchanges. In the foreseeable future, the market capitalization of altcoins will further shrink, and no one wants to play anymore; everyone has moved on to US stocks or on-chain memes. If the NYSE adds ETFs for some mainstream coins, it will be even worse. There's no need to discuss tax avoidance; most people still want asset security, and you probably don't want another FTX, right?
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The NYSE is about to launch 24/7 around-the-clock trading, and US stock traders will no longer have a 9-to-5 schedule and weekends off😆
Will this have any impact on crypto exchanges? Just look at Coinbase's CEO and Robinhood's management team continuously selling shares to know.
It will definitely have a significant impact on offshore exchanges. In the foreseeable future, the market capitalization of altcoins will further shrink, and no one wants to play anymore; everyone has moved on to US stocks or on-chain memes. If the NYSE adds ETFs for some mainstream coins, it will be even worse.
There's no need to discuss tax avoidance; most people still want asset security, and you probably don't want another FTX, right?