2024 could be very bullish for crypto — Here’s why

This Week in Cointelegraph market talks Welcome Huf, founder of Pear Protocol, a new decentralized exchange launching on Arbitrum in 2023. Huf entered the decentralized finance industry in 2019 after working as an equity derivatives trader at various investment banks for over a decade. He is often quoted in various news and shares his views on the markets in real-time through his X (formerly Twitter) profile.

The show kicks off with Huf’s thoughts on the current cryptocurrency market. Is there a need for new stimulus and new funding? Is it a closed system where the same funds rotate from one protocol to the next, or move from one blockchain to another? Is this why volatility is at record lows?

Will Narratives Drive the Current Cryptocurrency Market? If so, how can a trader or investor make the right decision based on these narratives? Hoof gives his insights and discusses the stories he sees playing out in the near future as well as those that have already.

Many members of the crypto community are eagerly awaiting 2024 as they believe it will usher in a new bull market — especially since 2024 is the year of the next Bitcoin halving. Huf explained why he is highly bullish on the first quarter of 2024 and why he thinks this will be the start of the next bull market.

The episode also discusses what the central bank needs to do to start cutting rates: Will this decision depend on a continued downward trend in inflation? Will the First Spot Bitcoin ETF Be Approved in the US in 2024? We’ll talk about all this and more, so stick around till the end.

market talks Airing every Thursday, featuring interviews with some of the most influential and inspiring people in the cryptocurrency and blockchain industry.So, go to Cointelegraph Markets & Research YouTube Channeland hit the “Like” and “Subscribe” buttons to get all future videos and updates.

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