The Wolf Of All Streets Here Is What I Expect From Bitcoin In 2025 | Bold Predictions
Dec 27, 2024
Reflecting on the pivotal moments of 2024, the discussion dives into the implications of the Bitcoin halving event and bullish price predictions for Bitcoin and Ethereum by 2025. With humor, they critique past skepticism while highlighting the volatile world of meme coins and NFTs. The convergence of AI and crypto is examined, exploring its impact on future economic cycles. The hosts also emphasize the importance of strategic selling in crypto investments and express optimism for regulatory changes and community resilience in the coming years.
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ETFs: A Turning Point
- The approval of Bitcoin and Ethereum spot ETFs revolutionized crypto by bringing in institutions.
- This legitimized the asset class, paving the way for broader adoption and financialization.
Bitcoin Halving's Impact
- The Bitcoin halving, a key event in the Bitcoin cycle, increased transaction fees.
- Despite predictions of immediate price surges, the halving was followed by a period of market stagnation before Bitcoin's eventual rise.
SBF's Imprisonment
- Sam Bankman-Fried's 25-year prison sentence marked the end of the previous cycle's turmoil.
- This symbolized a resolution to the contagion and offered closure to the crypto community.