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Real Vision: Finance & Investing

Raoul Pal: RV Collective Season 3 and Crypto Summer

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.11.1K Ratings

🗓️ 1 March 2024

⏱️ 34 minutes

🧾️ Download transcript

Summary

🔥 All this week on Real Vision, we're hosting a series called How the Pros Do It... and we're talking about research. To see what RV discounts are available, go to realvision.com/rvmarketplace 🔥 SuperAI Singapore: Get 20% OFF tickets realvision.com/superai Bitcoin is flirting with all-time highs, but is that the most exciting development in crypto this week? Debatable. Real Vision senior host and crypto editor Ash Bennington welcomes Real Vision co-founder and CEO Raoul Pal to chat about debut of RV Collective Season 3, the exclusive utility roadmap and incredible artist collabs that will be revealed next week, and the state of digital asset markets as we enter the dawn of crypto summer. Join us…! Join over 5,000 attendees for the largest AI event in Asia at SuperAI Singapore, June 5-6, 2024. Raoul Pal, Benedict Evans, Balaji Srinivasan, Edward Snowden, and over 150 others, will join the industry's most influential to explore and unveil the next wave of transformative AI technologies. Singapore will become a vibrant AI hub for a week from June 3-9, with over 150 side events for unparalleled networking opportunities. Visit www.realvision.com/superai for 20% off tickets with the code REALVISION Elevate your brand with Real Vision. Connect with us at partnerships@realvision.com to explore advertising possibilities. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hi, on the 5th and 6th of June 2024, I'll be speaking at the largest AI events in Asia,

0:06.7

Super AI in Singapore, and the iconic Marina Bay Sands. Alongside, alongside brilliant minds like Edward Snowden, Benedict Devon and

0:15.4

Balaji Shrinovasan, I'll be on a stage exploring the extraordinary potential of AI and

0:21.2

the profound change it represents not just for financial markets

0:24.7

but also for the world as we know it. With over 5,000 attendees and over 150 side

0:31.4

events Singapore will become a vibrant hub for a full week from the 3rd and 9th of June.

0:37.0

Visit super AI.com to register and join me with 20% off ticketstickets using the code Real Vision.

0:44.1

Use the link in the description, and I'll see you there.

0:47.2

It's going to go live.

1:01.2

Let's just talk a little bit about where we are in this pretty

1:05.4

extraordinary new cycle, price cycle. Big picture Ralph 50,000 foot

1:08.7

overview. What do you think about where we are right now?

1:16.1

We're in this beautiful phase of transition from

1:38.0

crypto spring to crypto summer and you know if we think of crypto spring each season is roughly a year. So crypto spring as I spoke a lot about last year was 2023 and it was a great spring. It was a warm, happy, friendly place with things like Salana up TEDX and Bitcoin up 160%. But as you transition into summer, things get even better.

1:42.0

And what we've seen is explosive moves where you know just

1:46.4

this month alone many of the the larger projects are up between 40 and 50 percent already and a lot of this is driven by the ETF flows.

1:56.4

So the EDF flows have started adding more liquidity into the crypto markets, particularly into

2:04.8

Bitcoin which spills elsewhere as people start to speculate on the Eth ETF and

2:09.2

then that drives more capital in the space that gets recycled.

2:13.7

But it's a very reflexive process and reflexive, reflexive,

2:18.3

something was made famous by George Soros.

2:20.8

It's this idea that momentum feeds on itself until it doesn't.

...

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