The Dust is Settling in the Cryptocurrency Market
FYI - For Your Innovation
Coin Base's Partnership With Black Rock Aladdin Could Usher Twelfths of Dollars Into Crypto
Last week, coin base's announcement of a partnership with black rock was really the sum of strongest signal that we've seen in terms of institutions considering kind of crypto as an entirely new aset class. I think there might be a few barriers a where where regulators aren't really ready to make the leap themselves. And then perhaps a, it ay, morethan a philosophical or ideological tion around a, you know, o fakan in the treasury department in the most recent a tornado cash news.
Today, ARK analysts Frank Downing and Yassine Elmandjra and research associate David Puell join the For Your Innovation podcast to provide an update on the cryptocurrency market. Tuning in, you’ll hear all about what the last three months have meant for cryptocurrency, what led to Three Arrows filing for bankruptcy, where we are in the broader cost basis of the market, the state of the current decentralized finance (DeFi) infrastructure, and the biggest learnings from this turmoil. We also discuss how we believe all of this might play out for Ether, the path to recovery, the implications of the security regulation uncertainty of Coinbase, and the Tornado Cash incident. We even give you ARK’s market analysis of the broader price action featured in The Bitcoin Monthly! Be sure to subscribe to the Bitcoin Monthly, here.
“There’s an interesting settling of the dust, where the size of every marginal fallout associated with Terra is diminishing.” — @yassineARK Key Points From This Episode:- What the last three months have meant for cryptocurrency.
- What led to Three Arrows filing for bankruptcy.
- A market analysis of the broader price action that was featured in July’s edition of The Bitcoin Monthly.
- ARK’s view of where we are in the broader cost basis of the market.
- ARK’s conclusions from this turmoil and the state of the current DeFi infrastructure.
- How all of this might play out for Ether in the short and mid-term future.
- ARK’s metrics showing that the path to recovery could be well on its way.
- The recent security regulation and uncertainty around some of Coinbase’s listings.
- The Tornado Cash incident and its implications.
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