This Too Shall Pass… | Web3 Daily
TL;DR
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The markets are tough proper now, however optimistic ahead motion continues, just like the BTC and ETH ETFs that simply launched on the Hong Kong inventory alternate!
Full Story
If the present bull run have been a film, we’d be at that time within the story the place it seems like all hope is misplaced.
(The protagonist has failed on their mission/journey, and the storyline is wrapping itself up in a tragic little bow).
…however then you definitely look down at your watch, solely to note that you just’re solely 60 minutes right into a 120 min run time.
(And in doing the maths, you notice there’s sure to be a come-back written into the third act).
Trigger, yeah:
Market costs stay in the bathroom…recoveries have been tried solely to fail…the distant murmurs of potential struggle really feel as if they’re turning into shouts…
(It’s scary!).
…so what’s crypto’s “third act come-back” going to be made up of?
In all probability a bunch of issues, like:
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The Bitcoin and Ethereum ETFs that simply launched on the Hong Kong inventory alternate.
(Making it WAY simpler for investor {dollars} from the asian market to search out their method into BTC and ETH)
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The upcoming provide shock coming to Bitcoin through the halving, when the move of latest BTC hitting the market every day is reduce in half.
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(As issues start to get well) a continued growth in meme coin shopping for on Solana and Base.
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Strain from the courts, slowly forcing the hand of the SEC to permit extra crypto ETFs to be launched within the US.
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The US Bitcoin ETFs shifting again into massive each day internet inflows (vs. the present sample of internet outflows).
Brb, whispering these factors right into a voice notice and meditating on them…
