Shark Tank star Kevin O'Leary has warned that the industry is still filled with many worthless coins and projects that have no future.
10,000 criptocurrency tokens are likely to be devalued to zero, according to O'Leary.
They ll go to zero eventually because of lack of volatility and lack of volume. In an interview with Scott Melker, he said that the market will be flushed out of the market.
O'Leary said that the exchange Binance could be subject to a lot of regulatory scrutiny in the near future.
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I think that everyone who is a shareholder of Binance would be concerned about all the regulatory activities, like bees humming around a hive right now. The US regulators are all about the regulators. O Leary said he has recently gone back to the criptocurrency markets. If the price ofBTC drops below $17 k, I add to our positions there. Price Action: BTC was trading at $23,277, up 1.70% in the last 24 hours, according to Benzinga Pro.
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