Bear Market End? | Crypto Daily Digest July. 14
Arthur0x, founder of DeFiance Capital, stated in a social media post that he personally believes that 14 July 2023 marks the official end of the 2022-2023 bear market
Arthur thinks:
- Worst of macro tightening is over, CPI falling and real interest rate is positive now. More likely we see rates cut next year than not.
- Continued institutional acceptance of crypto as an asset class starting from Blackrock applied for Bitcoin ETF.
- SEC chances of labelling all tokens as security substantially weaker now if they can't even win against the one most likely to be deemed security token.
- Most tourists washed out, whoever still holding now likely won't sell in near term except from some coins with blatant unlock schedule.
- Market extremely underallocated on non BTC ETH. Lots of catch-up to do.
- HK welcoming crypto is real and this would open the flood gate for Asia financial institutions to enter crypto in a legitimate manner.
Today's Market
![Bear Market End? | Crypto Daily Digest July. 14 image 1](https://img.bgstatic.com/multiLang/image/73511c2c74f5891136fd7974f2da9ff31690256668926.mg20230714093342f3594d75-c72b-4334-a306-17b73e7a7095.jpg)
Headlines
Other News in Case You Missed it:
What's New from TokenInsight?
Bitcoin has been fluctuating around $30,000 for an entire quarter. Has the crypto industry been stagnant due to regulatory concerns? Perhaps we can find the answer from the data of exchanges.
: TokenInsight released Crypto Investment Products Report July 2023, aiming to help users know about the current landscape of crypto investment products and the potential risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Crypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)