July 25, 20227 min read
First Mover Asia: Is DEX Efficiency a Long-Term Threat to Coinbase; Bitcoin Sinks Below $22K
In an interview with CoinDesk TV's "First Mover" program, Eric Chen, co-founder of the decentralized finance (DeFi) exchange Injective Protocol, said that the Fed's likely 75 basis point increase had relieved markets who had been fearful of harsher medicine. "Overall, the market is in a more optimistic spot than it was a week or two ago," he said.
