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Commentary - What is driving the latest Bitcoin and crypto rally?

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Manage episode 388131907 series 2937271
Content provided by Henri Arslanian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Henri Arslanian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

What is driving the latest Bitcoin and crypto rally? Here are a couple of thoughts:

  • Clarity around Binance: settlement with US authorities well received and the “Binance risk” significantly reduced which was a major looking uncertainty for many institutional investors
  • Closure on FTX: SBF heading to prison and FTX claims reportedly selling for over 60 cents on the dollar with overall recovery looking close to 90 cents
  • Expectation that interest rates will fall in Q1 2024: thus sending capital into “risk on” assets
  • Upcoming physical Bitcoin ETF approval: many investors trying to get exposure before expected inflows following the ETF approval that could be weeks away
  • Bitcoin halving coming in May 2024: which will cut in half the rate of new Bitcoin issued every 10 minutes.
  • Ease of entering crypto ecosystem globally: many regulated players now offering easy on/off ramps which makes it easier for retail investors to enter the space
  • Rise of stable coins globall: not only from the public in countries from Argentina to Turkey but also international trade. Once assets are in stable coins, they are rarely going back to fiat and makes it much much easier to buy other digital assets.
  continue reading

87 episodes

Artwork
iconShare
 
Manage episode 388131907 series 2937271
Content provided by Henri Arslanian. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Henri Arslanian or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

What is driving the latest Bitcoin and crypto rally? Here are a couple of thoughts:

  • Clarity around Binance: settlement with US authorities well received and the “Binance risk” significantly reduced which was a major looking uncertainty for many institutional investors
  • Closure on FTX: SBF heading to prison and FTX claims reportedly selling for over 60 cents on the dollar with overall recovery looking close to 90 cents
  • Expectation that interest rates will fall in Q1 2024: thus sending capital into “risk on” assets
  • Upcoming physical Bitcoin ETF approval: many investors trying to get exposure before expected inflows following the ETF approval that could be weeks away
  • Bitcoin halving coming in May 2024: which will cut in half the rate of new Bitcoin issued every 10 minutes.
  • Ease of entering crypto ecosystem globally: many regulated players now offering easy on/off ramps which makes it easier for retail investors to enter the space
  • Rise of stable coins globall: not only from the public in countries from Argentina to Turkey but also international trade. Once assets are in stable coins, they are rarely going back to fiat and makes it much much easier to buy other digital assets.
  continue reading

87 episodes

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