The crypto market has been an interesting beast lately. Prices have continued to impress while crypto regulations have continued to disappoint. This precarious state of crypto is something crypto VC firm a16z assessed in their recent crypto report.
The biggest takeaway is that we’re still very early in crypto’s adoption, and this could very well explain the paradox we’ve been seeing. Even so, the fact of the matter is that crypto won’t truly rally until reasonable regulations are passed.
Once this happens, a16z has some bold predictions about which crypto projects and categories could stand to benefit the most. As always, I add some extra context to help you make sense of what they’re seeing, and what they think will happen.
⛓️ 🔗 Useful Links 🔗 ⛓️
► State of Crypto 2023 Full Report: https://a16zcrypto.com/content/articl…
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.