Crypto Curious Episode 100 - Summary
This week the crew celebrated the 100th episode of the Crypto Curious podcast. In this milestone episode, the crew look back on the two-year journey in the cryptocurrency space, explore notable predictions from industry experts, delve into the ongoing FTX trial, and discuss recent market developments.
Celebrating 100 Episodes of Crypto Curious
With the 100th episode, the Crypto Curious podcast commemorates two years of exploration into the dynamic world of cryptocurrencies, blockchain technology, and Web3. Whether you're a seasoned crypto pro or new to the crypto realm, the crew have got you covered. The usual format involves breaking down the top news stories from the past week, but in this weeks episode, there was something special in store.
A Trip Down Memory Lane with Tracey, Blake, and Craig
Tracey, Blake, and Craig, the hosts of Crypto Curious, reflect on the exciting journey of the past two years. They discuss their favorite moments and notable episodes, including interviews with prominent figures in the crypto space. Their podcast journey began in November 2021, a time that coincided with the peak of the crypto bull market. What a wile ride it’s been since then!
Notable Moments in Crypto History
The podcast has witnessed and reported on significant events and developments in the crypto space. Company collapses, loss of funds, and controversies have dominated the narrative in 2022. Notable names like Celsius, Three Arrows, Voyager, and others faced turmoil. One of the most pivotal moments was the collapse of FTX, leading to the creation of Crypto Curious's first bonus episode, which remains one of the most popular episodes to date.
Regulatory Challenges and the SEC
Another recurring theme in the crypto world has been regulatory challenges. The hosts discuss the actions of the U.S. Securities and Exchange Commission (SEC), which has been actively pursuing legal action against various entities in the crypto space. Despite the regulatory hurdles, the hosts acknowledge the intrigue and complexity of watching the SEC's legal battles unfold.
Memorable Interviews
Tracey, Blake, and Craig also reflect on their favorite podcast episodes. Notable mentions include an interview with Steve Smith, the cricket legend, and an insightful discussion with Stani Kulechov, the founder of Aave.
Predictions for the Next 100 Episodes
In celebration of their 100th episode, the crew reached out to their audience for predictions about the crypto space's future. Numerous listeners shared their forecasts and insights which we’ve listed a few of below:
1. Crypto Adoption Continues to Grow
Many listeners anticipate a significant increase in the global population owning Bitcoin. As of 2023, approximately 4.2% of the global population owns cryptocurrency, and it is expected to double by the end of 2025. The growth of cryptocurrency adoption is attributed to its seamless integration with the internet and increasing interest from regions like Africa, particularly Nigeria.
2. Spot Bitcoin ETF Approval
The spotlight is on the approval of a spot Bitcoin ETF in the United States. Listeners foresee that this development will lead to broader acceptance and use of Bitcoin in everyday transactions. With the SEC making progress, it appears that the long-awaited ETF approval might become a reality.
3. Regulation and Clarity
A critical prediction is the expectation of regulatory clarity in the crypto space, both in Australia and globally. This clarity is anticipated to provide investors with the confidence needed for more significant crypto investments.
4. NFT Trends
NFTs have been a significant topic in the crypto world. Listeners are eager to see how the NFT landscape evolves. While profile picture NFTs have seen a decline, NFTs with real use cases, especially in the gaming sector, are expected to gain momentum.
5. Layer Two Solutions
As the crypto market continues to grow, many foresee the increasing importance of layer-two solutions. With congestion on the base layers like Bitcoin and Ethereum, layer twos are likely to become the default choice for most transactions.
Market Updates and Price Predictions
Despite not having a crystal ball, or providing financial advice - the hosts and listeners chimed in with their predictions for the crypto market's future.
Bitcoin and Ethereum Price Predictions:
- Tracey predicts that Bitcoin could reach the $120,000 mark at the peak of the bull market, with Ethereum reaching around $8,000.
- Blake shared his two cents but was conservative with offering any exact numbers.
- Craig offers a bolder prediction, foreseeing Ethereum becoming a trillion-dollar asset, with a value of approximately $8,000. He expects Bitcoin to briefly reach $100,000 during the bull market.
FTX Trial Developments
The episode provides a comprehensive update on the ongoing trial of Sam Bankman-Fried, the founder of FTX. Witness testimonies have revealed dramatic allegations, including the mishandling of customer funds and allegations of bribery involving Chinese authorities. The hosts discuss how these revelations have added a layer of intrigue to the trial.
Recent Market Developments
The hosts dive into recent market developments, including the false report of the SEC's approval for a Bitcoin ETF. This false report led to a temporary surge in Bitcoin's price, highlighting the market's sensitivity to news events - and particularly news on the spot ETF. Additionally, Ethereum gas fees hit a new low for 2023, indicating reduced activity in the DeFi and NFT sectors.
The Future of Crypto Curious
As Crypto Curious moves forward, Trace, Blake & Craig express their anticipation for the crypto market's rebound. They remain dedicated to providing valuable insights, interviews, and discussions within the crypto community. The podcast's journey continues, and they invite you to join them as they explore the evolving world of cryptocurrencies, blockchain, and Web3.
In conclusion, the 100th episode of Crypto Curious is a testament to the incredible journey the hosts have embarked on and the exciting developments they've witnessed in the world of crypto. It's a celebration of knowledge sharing and community building, and the hosts look forward to the next 100 episodes with enthusiasm and optimism.
Disclaimer:
The information provided in this article is for informational purposes only and should not be construed as financial advice. The information provided should not be relied upon for financial decisions. The author is not a financial advisor and is not qualified to provide financial advice.
The author does not endorse any of the products or services mentioned in this article and is not responsible for any losses or damages that may occur as a result of using the information provided in this article.
It is important to do your own research (DYOR) and understand the risks involved before investing in any cryptocurrency or other financial product. You should also consult with a financial advisor before making any investment decisions. Investing in cryptocurrencies is a high-risk investment. You should only invest money that you can afford to lose.