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TechFlow reports that Markus Thielen, founder of 10x Research, said the current bull market—particularly driven by institutions—is seeing growing preference for regulated trading avenues. With global derivatives giant CME potentially launching a Bitcoin spot market, crypto exchanges may lose some business.
10x Research founder Markus Thielen said that with global derivatives giant CME potentially launching a Bitcoin spot market, the current bull run is particularly driven by institutions, which prefer trading through regulated channels, and crypto exchanges may lose some business.
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