This episode dives deep into the heart of Bitcoin 2024, unpacking the event’s highlights and controversies with industry experts like Scott Presler, Mitchell, David Bailey, Matthew Sigel, Mattunchi, Alex Faze, Anndy Lian, and the Cointelegraph team. We dissect Donald Trump’s Bitcoin promises, questioning whether they signal true support or mere campaign strategy. Was his vision for Bitcoin, including removing SEC Chair Gary Gensler and forming a strategic Bitcoin reserve, genuine or simply a play for votes?
We then contrast this with RFK Jr.’s compelling perspective, exploring why many believe he demonstrated a more profound grasp of Bitcoin and what his ambitious plan to secure a vast Bitcoin reserve could mean for the US.
This episode doesn’t shy away from the uncomfortable questions, either. We tackle the increasing politicization of Bitcoin, debating whether the influx of politicians signals mainstream acceptance or raises concerns about potential political manipulation. What does this mean for the future of the industry?
Zooming out, we examine Bitcoin’s potential as a geopolitical game-changer. Could the US leveraging Bitcoin ignite a global power struggle, perhaps even prompting China to rethink its crypto stance?
Finally, with a crucial US election on the horizon, we analyze the potential ramifications of both a Democrat and Republican administration on Bitcoin regulation and adoption. Will the US become a crypto haven or a regulatory battleground?
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.
This session captures a detailed discussion among several speakers about the current state and future of the cryptocurrency market. The conversation begins with introductions, where participants share their backgrounds and experiences in the crypto space. Speakers include @encryptedbae, @0xmugen, @anndylian, @cryptowendyo, @crypto_birb, @Crypto_Assessor , among others, who bring diverse perspectives from content creation, trading, and project development.
The discussion touches on various topics, including the current market sentiment, the role of meme coins, NFTs, and the impact of regulatory developments. Some participants express optimism about the market, despite recent downturns, emphasizing the cyclical nature of crypto and the importance of patience and risk management. They highlight that while Bitcoin is down from its all-time high, the overall market structure remains strong, and opportunities still exist, particularly in more volatile assets.
There is a discussion on the potential of meme coins and NFTs, noting that while many projects lack utility, some, like Doge and Shiba Inu, have built significant ecosystems. It is argued that meme coins are here to stay due to their strong community support and potential for future utility. The conversation also explores the idea of NFTs and meme coins as community tokens for brands and celebrities, suggesting that these digital assets could play a significant role in fan engagement and brand loyalty.
A comprehensive analysis of the market is provided, using historical data and technical indicators to predict future trends. The importance of following market trends rather than trying to predict exact peaks is emphasized, suggesting that the best strategy is to trail stop losses and let the market dictate actions. The potential impact of regulatory developments in the US and Europe is highlighted, noting that clearer regulations could drive more retail and institutional investment into the market.
The speakers agree that the market is currently in a consolidation phase, with significant growth expected in the fourth quarter of 2024 and the first quarter of 2025. They discuss the potential catalysts for the next big bull run, including regulatory clarity, the adoption of Bitcoin ETFs, and the entry of institutional investors. The conversation concludes with a consensus that while the market may experience short-term volatility, the long-term outlook for cryptocurrencies remains bullish, driven by increasing adoption and technological advancements.
Full recording of X Spaces can be found here:
https://x.com/Cointelegraph/status/1804126280050167938
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.
In the ever-changing realm of cryptocurrency trading, numerous factors converge to mold the direction of the market. Recently, a link has emerged between traditional finance and the crypto domain, bringing forth both positive and negative consequences. The fluctuations in the banking sector, notably in Europe and the United States, have a direct impact on the cryptocurrency world. Nonetheless, the prevailing uncertainty, particularly in the US, poses a challenge for crypto exchanges in navigating their path.
An integral aspect within this intricate landscape revolves around the need for clear regulations. Experts stress the significance of embracing regulations as a pivotal driver for global crypto adoption. Collaborating with regulatory bodies, the crypto industry aspires to forge a secure and equitable environment for users across the globe. This proactive stance establishes the foundation for sustainable growth.
The current year has ushered in a nuanced strategy for confronting these hurdles. Within the US, where regulatory ambiguity limits crypto trading, platforms are compelled to be discerning in their offerings. Regulatory limitations predominantly confine activities to basic cryptocurrency transactions. The industry holds optimism for clearer regulations that would facilitate service expansion and more comprehensive solutions.
The concern of liquidity, a substantial matter of recent times, necessitates multifaceted resolutions. The reduction in liquidity has instilled a cautious approach within the market, notably among prominent institutions and market makers. To counteract this, crypto exchanges have proactively engaged traditional market makers to infuse much-needed liquidity into the ecosystem.
An alternative method for upholding liquidity levels involves concentrating on significant trading pairs and well-established cryptocurrencies. Despite the challenges brought by the unpredictable altcoin market, established cryptocurrencies maintain their robust standing. A profound comprehension of the market and the establishment of partnerships play an instrumental role in discerning trends and capitalizing on liquidity opportunities.
The procedure of introducing new tokens significantly propels growth within the crypto landscape. Nevertheless, the existing environment has impacted this process. The lifespan of trending assets has contracted due to a fusion of factors. In the past, AI and RSD projects enjoyed extended periods of prominence. In contrast, the current market witnesses the ascendancy of meme tokens, fueled by market dynamics and the pursuit of arbitrage prospects. Despite these shifts, the industry demonstrates resilience, with exchanges actively on the lookout for the next wave of promising ventures. “I think exchanges must try their best to find quality projects and not list any projects that come their way. The token listing process within Bybit is fairly strict. We have listing meetings just to get a good consensus across company experts to properly assess the project. Since we are in a good position, we don’t need to chase listings to collect fees from those projects. Our focus is on the audiences projects can bring to us and if they are in line with our values. If we have all these elements in place, the projects that Bybit lists are always of a high standard.’ Anndy Lian said.
Thriving within this intricate panorama calls for a diverse array of strategies from crypto platforms. Embracing regulatory involvement, fortifying liquidity, and remaining attuned to market trends stand as pivotal components for achieving success. Collaborations with influential brands and the prudent introduction of new tokens have augmented the industry’s resilience.
Amidst uncertainties in the crypto realm, experts maintain an optimistic outlook. Industry players exhibit a resolute determination to surmount challenges by focusing on user requirements, technological innovation, and driving widespread adoption. As the crypto landscape evolves continuously, adaptability and strategic foresight will remain the cornerstone for enduring growth.
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.
