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2024 could be very bullish for crypto — Here’s why

– This week’s episode of Market Talks features Huf, the founder of Pear Protocol, a new decentralized exchange launching on Arbitrum in 2023.
– Huf shares his views on the current state of the crypto market and discusses whether it needs new stimulus and new money.
– He addresses whether the market is a closed system with money rotating from one protocol or blockchain to another, and if that is the reason for low volatility.
– Huf explores the role of narratives in driving the crypto market and how traders and investors can make decisions based on those narratives.
– Many members of the crypto community are anticipating 2024 as they believe it will bring a new bull market, especially with the Bitcoin halving scheduled for that year.
– Huf explains why he is highly bullish on the first quarter of 2024 and why he believes it will mark the start of the next bull market.
– The episode also delves into the conditions necessary for central banks to start cutting interest rates, such as a continuous downtrend in inflation.
– It discusses the possibility of the first spot Bitcoin exchange-traded fund being approved in the United States in 2024.
– Market Talks airs every Thursday and features interviews with influential individuals from the crypto and blockchain industry.

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