On Monday (26 December 2022), Kyle Davies, Co-Founder of failed Singapore-based cryptocurrency hedge fund Three Arrows Capital (aka “3AC”), shared his crypto predictions for 2023.
1) SBF pleads guilty and ~100 ppl are indicted. He serves no days in jail this year.
2) Genesis and Grayscale face class actions. The SEC brings a criminal case against DCG for improprieties between affiliated subsidiaries.
3) CB bonds floor the yield of crypto entities, other lending markets are dead quiet. 4) Binance gains market share, bigots are critical.
5) Tether maintains its peg, haters hate that it does.
6) Q2 100% dcb catches attention by CT anon shillfluencers before a full retrace. The rally starts much lower than current prices.
7) Dubai and Singapore constructive regs, both remain the major hubs for global crypto.
8) BTC and ETH produce blocks, crypto is not dead.
(By Siamak Masnavi)
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