Brian Armstrong, the CEO of Coinbase, the largest cryptocurrency exchange in the United States, said this week that the crypto market is in a “consolidation phase.” Armstrong said that there has been a lot of hype and speculation in the crypto market in recent years, but that the market is now starting to mature. He said that he expects to see more consolidation in the coming months, as weaker companies are forced to exit the market.
Source: https://www.theblock.co/post/228065/coinbase-stand-with-crypto-campaign-sec.
