We Reveal the Narratives and Themes for the Next Bull Market

We Reveal the Narratives and Themes for the Next Bull Market

Join Alex Tapscott and Andrew Young as they decode the world of DeFi and Web3. Listen in as they discuss the approaching ‘three horsemen’ crypto catalysts, the potential magnitude of inflows in the event of SEC-approved BTC ETFs, investors' cryptoasset rotation from bitcoin into ethereum and solana, 3iQ’s new Ether Staking ETF, Coinbase’s positioning for the next cycle, builders’ blockchain architecture preferences, Noble's upcoming launch of Circle's Cross-Chain Transfer Protocol for USDC, and more!

With Bloomberg ETF analysts assigning a 90% likelihood of a bitcoin ETF approval before January 10, coupled with the bitcoin halving in less than 160 days, signs of the rate-hiking cycle concluding could suggest the early formation of the next bull cycle. Renowned asset managers, such as BlackRock, Fidelity, and WisdomTree, have filed for spot BTC and ETH ETFs, indicating a growing demand for cryptoasset exposure from both retail and institutional investors. Bitcoin has surged 125% YTD, reaching a price point of over $37,000. Drawing parallels to the 2004 launch of the first gold ETF, some analysts anticipate that SEC-approved bitcoin ETFs could follow a trajectory similar to gold's historic 350% surge from $450 in its 2004 inception to $1,820 by 2011. Alex and Andrew debate the material impact of such flows. Solana has experienced a remarkable 200% gain in the past month, while Ethereum's strengthening fundamentals position it well for a strong breakout rally. This aligns with our October prediction that ether would be the primary beneficiary of a Bitcoin ETF. Beyond its role as a crypto exchange, Coinbase's Base layer-2 chain has already amassed a TVL of $300M on Arbitrum. Additionally, its Coinbase Ventures division boasts a diversified portfolio with hundreds of Web3 investments. 3iQ's introduction of North America's first staking ETPs, the 3iQ Ether Staking ETF, and The Ether Fund, provides investors with access to passive staking rewards for helping maintain the network’s security. Noble is set to launch Circle's Cross-Chain Transfer Protocol (CCTP) on its main network by the end of the month, facilitating seamless USDC transfers between supported blockchains without the need for custodial bridges.

Tune in to the 121st DeFi Decoded episode to hear Alex and Andrew discuss all things DeFi and Web3. What are the three ‘horsemen’ crypto catalysts, and when are they expected to play out? Why could ether be one of the biggest beneficiaries of a bitcoin ETF? How has Coinbase uniquely positioned themselves for the next cycle?

TIMESTAMPS

[0:00] Intro
[0:36] ‘3 Horsemen’ Crypto Catalysts
[3:48] BTC ETF Inflows Potential
[7:34] Ethereum & Solana
[16:49] 3iQ Ether Staking ETF
[19:45] Coinbase’s Positioning
[29:42] Alt L1s vs. L2s vs. Appchains
[34:12] Cosmos Ecosystem
[37:29] Conclusion

ABOUT DEFI DECODED PODCAST

Alex Tapscott, Andrew Young and guests break down the fundamentals of Decentralized Finance (DeFi) and how this cutting-edge technology enables individuals and institutions to transact, and create value, without the need for traditional financial intermediaries.

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Part of Ninepoint Digital Partner’s DeFi Decoded Podcast Series. Available at Google, Apple, and Spotify Podcasts.