Is Crypto on the Cusp of a Bull or Bear Market? Using Consensus 2024 as a Barometer

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Daniel Kuhn is a deputy managing editor for Consensus Magazine. He owns minor amounts of BTC and ETH.

The question on everyone’s mind at Consensus 2024 seems to be: How the hell should we be describing the current market sentiment? Are we in a bull market? A bear market? On the cusp of another bull market? Teetering again on the edge of collapse?

And perhaps more importantly, it finally seems like regulatory gridlock in the U.S. is beginning to ease up. The House recently passed the Financial Innovation and Technology for the 21st Century Act last week, marking the furthest a crypto-specific bill has ever gone in legislatively. Meanwhile, the U.S. Securities and Exchange Commission did a U-turn on Ether ETFs.

“Ask me in two days and I’ll have a better answer,” Roberts added. “Based on how fast the coffee went – that’s a good indicator.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Blockchain education initiatives take off amid crypto bull marketDespite traction, institutional education efforts on blockchain within the scientific community have remained lackluster.
Source: Cointelegraph - 🏆 562. / 51 Read more »