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John peurifoy
Markets Will Trade Flat 'Until Trust Gets Re-Established': Analyst
The CoinDesk Market Index Excluding Stablecoins is up 4.4% this week after it lost nearly 300 points earlier this month on the FTX fallout and subsequent contagion effects. Floating Point Group Co-Founder and CEO John Peurifoy expects continued flat conditions, until "trust gets re-established...or people find technological ways to get a little bit more comfort."
Bitcoin, Ether Higher Despite BlockFi Filing for Bankruptcy
Major cryptos are jumping despite crypto lender BlockFi filing for bankruptcy protection and ongoing protests in China over Covid-19 restrictions. Floating Point Group Co-Founder and CEO John Peurifoy discusses the price actions and broader market outlook as the FTX contagion continues to spread.
Dogecoin Futures Reaches Almost $90M in Liquidations Over Weekend in Unusual Move
Dogecoin (DOGE) futures racked up over $89 million in liquidations since Friday amid volatile trading as Elon Musk's purchase of Twitter was confirmed. Floating Point Group co-founder & CEO John Peurifoy discusses his take on the DOGE rally and outlook for the wider crypto markets.
$90M Dogecoin Futures Liquidation Reveals How 'Illiquid' Crypto Markets Are: Floating Point Group CEO
Dogecoin futures racked up nearly $90 million in liquidations. John Peurifoy, Floating Point Group co-founder & CEO, points out two trends that explain this rally.