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	Podcast:		What Goes Up
	Episode:		Flash Boys in the Crypto Cloud
	Category:		Business
	Duration:		00:44:16
	Publish Date:		2022-10-07 08:00:00
	Description:		Institutional investors are playing a more-influential role in crypto markets as retail traders retreat, and that explains much of the recent range-bound price action, according to Michael Safai of proprietary trading firm Dexterity Capital. “We might have been playing checkers two years ago,” said Safai, whose firm traded more than $1.2 trillion in crypto last year. “We’re playing chess now.” Safai joined the What Goes Up podcast this week to discuss the state of the digital-asset market and how high-frequency crypto trading strategies differ from the famous “Flash Boys” of the stock market. See omnystudio.com/listener for privacy information.
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