Co-founder of Bitaccess: This Slump Is Healthy For the Market

This slump in the crypto market is healthy, as a little bit of sanity has returned to the market and, hopefully, cooler heads are now investing, Moe Adham, co-founder of Bitaccess, a Canada’s blockchain company, told

“We’ve been through a lot of slumps and this is nothing new to us. This slump is not as bad as I expected to be. I still remember January of 2014 when we went down from USD 1,000 to USD 250 [per bitcoin] and eventually a little bit lower than that. That was a really tough time,” Adham said, adding that despite the recent downturn in the market Bitaccess is still a profitable company.

Founded in November 2013, the company is a Bitcoin ATM producer and vendor, it also owns, a bitcoin trading platform, and Faast, an instrument for building a cryptocurrency portfolio. The company has also launched The Catena Blockchain Suite, a product that enables publishing of complex datasets onto public or private blockchains.

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Author: Linas Kmieliauskas
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