There are months that may really feel like years or a long time, and November 2022 might be thought of a type of months within the crypto house. The trade skilled an enormous rollercoaster of occasions and feelings, from the hope of an imminent restoration, to capitulation and burnout. Mainstream media saved a detailed eye on the evolving conditions of sure market gamers, reporting contagion by unhealthy actors, and fueling a “doom” narrative within the house.
Nonetheless, as we asserted months in the past, a bear market is a interval of trade cleaning, the place rationality and work at all times win out over loud claims and discuss. Very often, these cleansings are accompanied by normal crypto obituaries. Briefly, there’s nothing new to see right here for established ecosystem customers. Though crypto supporters could be seen proper now because the heroes of the “That is high-quality” meme to the informal observer, we all know that spring at all times comes after winter.
Following latest turbulent occasions, extra crypto fanatics have begun to search for rationality and stability within the house. In doing so, they’re turning to the companies offered by gamers that put safety on the forefront.
As an ecosystem that has been a trusted information for practically 10 years, CEX.IO is properly positioned to function a hideout for anybody who needs to endure market turbulence with confidence. We maintain all customers’ funds in 1:1 custody, and supply clear companies whereas sustaining rigorous regulatory management. Don’t consider us? We’ve got loads of optimistic third-party validation. We’re proud to see that our neighborhood is spreading the nice phrase about us in powerful market circumstances like these.
For our half, we decide to persevering with to work on enhancing our ecosystem, offering our customers with extra alternatives to deal with the bear market, and be capable of enter the crypto house with out concern. Beneath, we provide updates on main developments inside the CEX.IO ecosystem, and different firm information. Let’s roll!