Dec 31: 2025 Bitcoin Predictions

5 snips

Dec 31, 2024

Explore bold Bitcoin price predictions for 2024 and 2025, along with potential risks on the horizon. Delve into the dramatic Binance hostage crisis in Nigeria and its implications for the crypto world. Learn about staking strategies and the evolving market trends that could shape the future of Bitcoin. The podcast also highlights the intersection of cryptocurrency and international law amidst ongoing legal challenges and recent market shifts.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

INSIGHT

Staking Explained

Staking involves locking up crypto for rewards, either to validate a network or for lending/collateral.
Rewards vary, and risks exist, especially with non-stablecoins and centralized platforms.

ADVICE

Staking Risks and Rewards

Understand staking's risks before locking up coins, as company failures or breaches can lead to losses.
Consider if potential returns outweigh the risks, especially with volatile assets.

ANECDOTE

Staking Risks: Celsius, BlockFi, Voyager

Companies like Celsius, BlockFi, and Voyager offered high yields on staked crypto but ultimately failed.
This highlights the risks of staking on centralized platforms with insufficient security or transparency.

Get the Snipd Podcast app to discover more snips from this episode

Get the app