On The Brink with Castle Island cover image

On The Brink with Castle Island

Weekly Roundup 12/29/23 (2024 predictions, BSA unconstitutional, ETH ETF prospects) (EP.493)

Dec 29, 2023
Barry Silbert, a main character for Bitcoin miners, discusses the good year for Bitcoin miners and the potential approval of an ETH ETF. The hosts also share their 2024 predictions for stablecoins, Bitcoin, Ethereum, DeFi, NFTs, and adoption. They discuss the debate between Solana and Ethereum, the BSA's constitutionality, and the possibility of the 3AC boys being apprehended in 2024.
36:55

Podcast summary created with Snipd AI

Quick takeaways

  • Stablecoin supplies are predicted to reach $200 billion by the end of 2024, accounting for 80% of on-chain transaction value.
  • Bitcoin is expected to be net deflationary throughout 2024, with an ETF approval attracting $20 billion in flows in the first year.

Deep dives

Stablecoins

Stablecoin supplies are predicted to reach $200 billion by the end of 2024. Stables are estimated to account for 80% of on-chain transaction value. USDT volume dominates in Europe and Africa, while North America shows a preference for USDC. Additionally, tokenized US treasuries are expected to reach $1.5 billion.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode