This week’s episode of Cointelegraph’s Market Talks welcomes Huf, the founding father of Pear Protocol, a brand new decentralized alternate launching on Arbitrum in 2023. Huf labored as an fairness derivatives dealer for varied funding banks for over a decade earlier than coming into the decentralized finance trade in 2019. He’s typically quoted in varied information shops for his views on the markets, which he shares in actual time through his X (previously Twitter) profile.
The present kicks off with Huf’s views on the present crypto market. Is it in want of a brand new stimulus and new cash? Is it a closed system with the identical cash rotating from one protocol to the following or one blockchain to a different? Is that the rationale for such record-low volatility?
Do narratives drive the present crypto market? In that case, how can a dealer or investor make the suitable selections primarily based on these narratives? Huf offers his insights and discusses the narratives he sees taking part in out within the close to future — and those who have already performed out.
Many crypto group members eagerly await the arrival of 2024, as they consider it is going to deliver with it a brand new bull market — particularly since 2024 is the yr of the following Bitcoin halving. Huf explains why he’s extremely bullish on the primary quarter of 2024 and why he thinks will probably be the beginning of the following bull market.
The episode additionally discusses what must occur for central banks to start out chopping rates of interest: Will the choice depend on a steady downtrend in inflation? And can the primary spot Bitcoin exchange-traded fund be permitted in the USA in 2024? We focus on all this and extra, so stick round till the tip.
Market Talks airs each Thursday, that includes interviews with a few of the most influential and galvanizing individuals from the crypto and blockchain trade. So, head over to the Cointelegraph Markets & Research YouTube channel, and smash these “Like” and “Subscribe” buttons for all future movies and updates.