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Crypto 2023 Review: Our Wins, Losses, Surprises, and Lessons
Manage episode 392190255 series 2981868
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Join Leon and Nick as we take a step back and review the year that was, diving into the lessons, surprises, wins and losses in what proved to be another action-packed year.
Key Takeaways
- The SEC sets the last date for amendments to ETFs, with industry experts estimating a 90% approval rating.
- A significant year for crypto; SBF jailed, Bitcoin ETFs, BlackRock enters, Solana’s shifted narrative and Ethereum’s protocol upgrades.
- What surprised us; Bitcoin inscriptions, Coinbase with L2 Base, major sentiment changes and fierce competition for volume between CEXs & DEXes.
- What we got right; L2 tokenisation & adoption, Solana and appropriate portfolio management.
- What we got wrong; DeFi & stablecoins and artificial intelligence underwhelming Leon.
- What we learnt; Crypto development still takes a long time, banks continue to enter crypto & not using rational thought to analyse an irrational market. The market can stay irrational longer than you can stay solvent.
218 epizódok
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