Former Wall Street Exec Tone Vays: There Is No Evidence That the Crypto Winter Is Now Over
Blockchain consultant Tone Vays said that the bull market is not based on external money.
Former Wall Street executive and current blockchain researcher Tone Vays has expressed skepticism about the fact that crypto winter is over. Vays made his comments in an interview with Cointelegraph on June 10.
Vays, a former financial analyst at United States’ banking giant JPMorgan, revealed that he does not trust the recent rally in the crypto markets, claiming that he has not observed “too much external money coming into the space.”
The blockchain consultant argued that the recent reverse of a long-lasting bear market was supported by internal capital, stating that there is evidence of enough accumulation by those who preferred to hold their crypto instead of sellin