UNCHAINED: Crypto Prices Are Way Down. Is It Time to Buy the Dip?
Jeff Dorman from Arca breaks down the recent crypto crash, its causes, and whether buying the dip is a smart move.
The recent crypto crash has left many investors questioning the way the market is going. In this episode, Jeff Dorman, chief investment officer at Arca, provides a deep dive into the factors behind the crash, the macroeconomic influences at play, and why he remains optimistic despite the downturn. Expressing surprise at Ethereum's underperformance this year, he describes how the Democrats’ handling of crypto is an own goal, and how TradFi and DeFi differ from each other during market upheavals.
Show highlights:
The two main reasons the markets crashed this past weekendHow the macro environment has affected crypto lately and why the market has gotten “way ahead of itself”Why ETH was down so much, more than other cryptocurrenciesThe “most important” shift in crypto policy that has occurred this yearThe Japanese yen carry trade that was one of the key factors in the market meltdownWhether Genesis distributing $4 billion in assets had an impact on the marketWhy Jeff believes that the data we have today does not point to a recession in the U.S.Why Jeff says he’s “buying the dip”Crypto as a political issue and why he thinks Harris winning would not be as bad for crypto as many believeWhy bitcoin doesn’t always act as a hedge against equity-related or geopolitical risk, in Jeff’s opinionWhat Jeff thinks about the proposals for the U.S. government to buy bitcoin for a strategic reserveThe stark contrast between TradFi giants halting trading and the permissionless nature of DeFiVisit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
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PolkadotToken 2049Guest:
Jeff Dorman, Chief Investment Officer at Arca.Previous appearances on Unchained:How Elon Musk Pushed DOGE Up and BTC Down, With Arca's Jeff Dorman3 Things SushiSwap Needs to Get in Order, According to ArcaUnchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk.
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