Morgan Creek’s Mark Yusko About The Future of Crypto Exchanges; BTC Bull Run Is Imminent

The future of crypto exchanges is being discussed these days by Mark Yusko. Check out what interesting issues are being addressed about the matter, and also take a look at interesting optimistic Bitcoin predicitons below.

According to the latest reports that have been revealed by the online publication the Daily Hodl, it seems that the Morgan Creek Capital CIO Mark Yusko weighs in on the future of crypto and whether the industry will remain dependent on centralized exchanges.

In a new interview, Yusko said that a time will come when the crypto space will become more decentralized.

“There is a day in the future where exchanges are less necessary, when we can have a pure DeFi [decentralized finance] or a pure Bitcoin world. We’re not there, not even close, but someday. In the interim, we need some viable exchanges.”

Looking at Bitcoin (BTC), Yusko says the king crypto continues to show strength despite industry headwinds, including the high-profile collapse of FTX.

“Bitcoin is up 10% since we talked last week. It’s up 13% in the past month and it’s up meaningfully from the bottom kind of 50% from the bottom post-FTX, so massive resilience.”

It’s also worth noting the fact that he also addressed the anticipation for the next Bitcoin bull run.

Yusko says many are not ready to see BTC breach the six-digit mark. At the moment of writing this article, BTC is trading just a bit below $25k.

It’s been revealed that a crypto strategist who nailed Bitcoin’s May 2021 collapse says that a steep rally could be on the horizon for BTC.

Pseudonymous analyst Dave the Wave said not too long ago that Bitcoin could be mirroring its early 2019 price action when the king crypto surged from below $4,000 to about $14,000 in a few months.

“A BTC risk to the upside. Number can get big fast…”