TLDR Why Crypto’s Gone Cold
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Mar 5, 2025 Simon Lejeune, Vice President of Growth at Wealthsimple, shares his insights on the cryptocurrency market's recent downturn and its future. He reveals how regulatory changes and market fluctuations are reshaping investor confidence. The discussion then shifts to an innovative biotech drug aimed at extending canine lifespans, opening doors for future advancements in human longevity. Lejeune also highlights the transformative effects of AI on growth marketing, emphasizing how these changes are revolutionizing digital engagement strategies.
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Crypto Winter Factors
- Crypto markets are volatile, influenced by various factors like regulations and market sentiment.
- Recent downturn driven by fading Trump bump, regulatory uncertainty, and major thefts.
Crypto Incidents
- The SEC dropped a lawsuit against Coinbase, but there are concerns about regulations favoring domestic stablecoins.
- A $1.5 billion ether theft from Bybit and the Argentinian president's meme coin rug pull added to the downturn.
Leverage and Crypto Volatility
- Leverage in crypto amplifies market volatility, leading to faster crashes and recoveries.
- Leveraged positions get liquidated quickly with price drops, potentially contributing to further losses.