Aug. 5, 2022
It’s been an interesting couple of weeks for crypto: markets have shown a slight recovery and there’s a renewed sense of optimism in the air from some quarters. Some are speculating that, with the disasters of Terra, Voyager, Celsius, Three Arrows Capital and many others now receding in the rear-view mirror, the worst could, perhaps, be over. Is the stage set for a recovery?
We need to look at the bigger picture to find any sort of answer to that question. Crypto is now inextricably bound up with all the other elements of the global economy, as well as its own, discrete concerns. In other words, there’s a lot we have to consider before arriving at any sort of conclusion.
In this episode, we take a look at some of the macroeconomic and crypto-specific factors currently affecting the markets. From the actions of the Federal Reserve, to the Chinese housing market, via the unrest in Sri Lanka and excitement over Ethereum’s upcoming Merge event, we examine some of the most important current and impending events that you need to be aware of. Is there light at the end of the tunnel, or will we be groping our way through the gloom for a while yet?
Predicting the future is impossible, but we can make educated guesses based on what we see unfolding in front of us. If you’re curious about what may lie ahead and what it could mean for you, crypto and the wider world, then be sure to tune in. Not financial advice, of course.
PS - as mentioned in the episode, here is a link to the Bloomberg interview with the disgraced founders of Three Arrows Capital. A, shall we say, interesting read (subscription required).
We hope you enjoy the show.
Producer for iHeartMedia: Noel Brown
Editor: Sam Moult
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