>The outlook emphasized that repeated leverage resets and a reduction in speculative excess have strengthened market structure instead of undermining it, supporting steadier performance as volatility compresses.
I do not agree with this line:
>Stablecoins are entering genuine business-to-business payment flows, where they can improve working-capital management and reduce cross-border settlement costs.” Vaneck framed these developments as evidence of a maturing crypto market, with value increasingly accruing to bitcoin …
If anything, it would be ETH that would benefit from volumes being driven in growth of stablecoin use.
Overall, I think the markets are setting themselves up nicely for significant growth over the next 1-2 years.
Also, I know that Max Pain for BTC is currently close to $100k for the December close, but I don’t think we’ll move there. There’s too much institutional interest in keeping BTC low until after Dec 31st for minimizing asset values at year-end, deferring capital gains, etc.
2 Comments
everyone is buying, yet the price falls
I agree with this line:
>The outlook emphasized that repeated leverage resets and a reduction in speculative excess have strengthened market structure instead of undermining it, supporting steadier performance as volatility compresses.
I do not agree with this line:
>Stablecoins are entering genuine business-to-business payment flows, where they can improve working-capital management and reduce cross-border settlement costs.” Vaneck framed these developments as evidence of a maturing crypto market, with value increasingly accruing to bitcoin …
If anything, it would be ETH that would benefit from volumes being driven in growth of stablecoin use.
Overall, I think the markets are setting themselves up nicely for significant growth over the next 1-2 years.
Also, I know that Max Pain for BTC is currently close to $100k for the December close, but I don’t think we’ll move there. There’s too much institutional interest in keeping BTC low until after Dec 31st for minimizing asset values at year-end, deferring capital gains, etc.