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Is Crypto Still in a Bull Run? | RSA+DH

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 26 June 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Is the crypto bull market over? The crypto sentiment has suddenly flipped bearish. The skeptics are saying that the ETH ETF will amount to nothing. Gox will dump on you. There are no new crypto use cases. There’s too much token supply. The bearish list goes on.

So what gives? Is this just summertime slowness or is the bull market over?

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TIMESTAMPS & RESOURCES

0:00 Intro

1:15 Current Market Sentiment
https://x.com/splitcapital/status/1805346083981201775 
https://x.com/biancoresearch/status/1805341535967527200 
https://x.com/SplitCapital/status/1805349168229367936 
https://x.com/cryptobran_/status/1805331025905729983 
https://x.com/mrjasonchoi/status/1804107651854594071 
https://x.com/tmnxeq/status/1804913082571071679

12:49 ETH ETF is Bearish
https://x.com/Rewkang/status/1804735595111211104

16:26 Gox will Dump on You 
https://x.com/WatcherGuru/status/1805168222645244311 
https://x.com/RyanSAdams/status/1804138577204289900

19:20 No New Crypto Use Cases
https://x.com/0xCygaar/status/1801667353207521364 
https://x.com/divine_economy/status/1802510497633198565 
https://x.com/milesdeutscher/status/1800190273517211699

26:09 Any Bulls Left? 
https://x.com/econoar/status/1805447135141544280 
https://x.com/milesdeutscher/status/1805249025643581761 
https://x.com/fejau_inc/status/1805242741494005780     
https://x.com/intangiblecoins/status/1805244957252284916 
https://x.com/intangiblecoins/status/1805244973261914582 
https://x.com/pythianism/status/1805608579422208061 
https://x.com/pythianism/status/1804987849059787113 
https://x.com/iamDCinvestor/status/1804998114090389795 
https://x.com/cburniske/status/1805308535611502763 
https://imgur.com/DXcyjMS

43:27  Closing & Disclosures

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures 

Transcript

Click on a timestamp to play from that location

0:00.0

Bankless Nation, question for you today,

0:05.0

bankless takes, is the bull market over?

0:07.6

David, I was scanning crypto Twitter catching up on the weekend

0:11.0

and it certainly seemed like it by the sentiment.

0:12.8

Yeah, why did when why did crypto sentiment flip bearish it was like it was like four things

0:18.8

it was the Ethe EDF will be nothing was a take gocks mount gocks is going to dump on you it was there's no new

0:25.4

crypto use cases this cycle is not like 2021 there's too much token supply no just like

0:31.6

yeah no new retail oh Oh, also Germany's dumping on us.

0:35.0

An entire country.

0:37.0

Yeah, what the heck?

0:38.0

Come on, Germany, get with it.

0:40.0

So I guess the question for today, is this just summertime slowness or is the the bull market over?

0:45.4

Did we do we hit all time highs?

0:47.6

Yeah was that it?

0:48.6

Was that it?

0:49.6

I mean so the last bull market 2021 I think everyone said like ended really abruptly and

0:53.9

it kind of like prematurely so like are we getting that twice is that just like

0:57.8

what crypto is maybe me crypto is just like we're destined to be sub five trillion dollar market gap that's just what we are.

1:04.0

I think that's the topic for today right we want to gauge the sentiment we want to talk about the

1:08.0

the bear case for a while and then maybe maybe the other side of that maybe the bull case and what we actually think towards the end of this

1:15.8

David as we're going to this episode prices were down actually significantly like a fair amount

1:20.5

but they kind of popped before this episode so no idea what prices will be by the time you are

...

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