Brian Armstrong, CEO of Coinbase, the second largest cryptocurrency exchange in the USA, claimed that the cryptocurrency market needs 12-18 months to enter an uptrend again.
Armstrong with CNBC on August 23. in his interviewfor the crypto money market to enter an uptrend again 12 to 18 months He claimed he needed some time. The CEO warns investors that they need to be prepared for the possibility of this period getting longer. warned.
In the interview, Brian stated that the Coinbase team made no effort to be optimistic in their price predictions. the end of krypton in 10 years from all the falls come out strongerExpressing that they focused on improving their business without being distracted during this period, Armstrong said about the dismissals so that this would not happen again. they did their best told.
On the other hand, the company cash flow Talking about it, the CEO said that most of Coinbase’s revenue is made up of commissions. unbalanced he said he made it. Lately subscription services that they are working on and that the company revenues for now 18%Stating that subscriptions constitute the ‘ of the company, Brian said that the company’s goal is; their income more than half of subscriptions announced to create.