Understanding the Risks in the Current Market Cycle

💡Bitcoin may retrace to $36K before the uptrend resumes, highlighting the importance of not becoming complacent.

❓Presidential candidates should have an informed view on cryptocurrency, according to 73% of voters.

🚀Ripple has been approved as a virtual asset service provider in Ireland, paving the way for expansion across Europe.

🔥NEAR Protocol is seeing significant growth, becoming the number one in daily active users across all of Web 3.

⚖️The ongoing liquidation of Three Arrows Capital demonstrates efforts to secure assets and seek recoveries.

What are the potential risks in the current market cycle?

—As the market continues to rise, there is a possibility of Bitcoin retracing to $36K before the uptrend resumes. It's important not to become complacent and be aware of potential pullbacks.

Why is it important for presidential candidates to have an informed view on cryptocurrency?

—According to a survey, 73% of voters believe that presidential candidates should have an informed view on cryptocurrency. This reflects the growing importance of crypto in the political landscape.

What is the significance of Ripple's approval as a virtual asset service provider in Ireland?

—Ripple's approval allows them to offer digital asset services across the European economic area. This enhances Ripple's market presence and potential for expansion in Europe.

What is NEAR Protocol's achievement in Web 3?

—NEAR Protocol has become the number one in daily active users across Web 3. This highlights its growing popularity and adoption in the Web 3 ecosystem.

What is the ongoing liquidation of Three Arrows Capital about?

—Three Arrows Capital is undergoing liquidation, and efforts are being made to secure assets and seek recoveries. This aims to address the collapse and fulfill obligations to creditors.

00:00This video discusses the risks in the current market cycle and the need to avoid complacency.

03:08Bitcoin may retrace to $36K before the uptrend resumes, highlighting the importance of not becoming complacent.

05:39According to a survey, 73% of voters believe that presidential candidates should have an informed view on cryptocurrency.

08:08Ripple has been approved as a virtual asset service provider in Ireland, allowing expansion across Europe.

12:12NEAR Protocol has become the number one in daily active users across all of Web 3.

15:59Efforts are being made to secure assets and seek recoveries in the ongoing liquidation of Three Arrows Capital.