Bell Curve 2026 Predictions with Michael Anderson and Vance Spencer
Dec 19, 2025
Michael and Vance recap the highs and lows of 2025, highlighting a shift from meme mania to structural change in the crypto world. They delve into the implications of the CLARITY Act on institutional engagement and the need for standardized metrics. Predictions for 2026 include the pivotal role of stablecoins and a potential new surge in major cryptocurrencies. They also discuss changing dynamics in venture capital and the exciting prospects of prediction markets. With a focus on strong fundamentals, the outlook for the coming year is ambitious!
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2025 Was A Necessary Purge
- 2025 forced the industry to cut speculative excess and refocus on fundamentals.
- Vance Spencer says that pruning meme coins and NFT noise enables healthier regrowth.
High Expectations Set 2025 Up To Fail
- Trump’s 2024 win and late-2024 momentum built outsized expectations for 2025.
- Michael Anderson argues the year underdelivered because crypto hurt itself and speculative froth popped.
Retail Gave Way To Institutional Capital
- Capital composition flipped from retail-dominant to institution-dominant over recent years.
- Vance Spencer says retail speculative fervor largely died after 2025's tariff tantrum and meme coin collapse.