Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto

Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto


“High bond yields are reflective of sharply higher rates but also of genuine skepticism about the long-term viability of crypto amongst institutional investors after the high profile collapses of Terra Luna, Celsius, 3AC, Voyager, BlockFi, and FTX,” Mike Alfred, a value investor and founder of digital assets investment platform Eaglebrook Advisors, said.

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