A Tale of Two Crypto Markets

A Tale of Two Crypto Markets

Last week, I attended one of the largest crypto conferences in the world. But the people I met there seemed oceans apart, falling into one of two camps.

Here’s how I would describe them…

One group is made up of the founders of altcoin projects. They’re aboard a small fishing boat crossing the sea during a storm and without any life preservers. They’re battening down the hatches… Just trying to survive the journey.

The other group is made up largely of Wall Street fund managers and banking executives. Their phones are ringing off the hooks with calls from clients who want to buy crypto assets. They see a shining sun on the horizon.

Both ships are sailing the same sea and in the same direction. Yet, the passengers on each couldn’t feel more different about their situations.

That’s because what the passengers aboard the fishing vessel perceive as a volatile storm shaking them back and forth… The passengers aboard the cruise ship perceive as a rising tide lifting all boats.

Today, I’ll tell you why the guys in the cruise ship are on the right course. And if you’re in the fishing boat, all you have to do is follow the big guys into port…

A Tale of Two Crypto Markets

Since 2021, I’ve traveled thousands of miles to dozens of crypto meetups around the world. From Miami to Lisbon to Singapore.

But last week’s Blockworks Digital Asset Summit in New York was different.

The summit was held at the world-famous Javits Center. And it featured 150 of the world’s most influential crypto experts, including MicroStrategy founder Michael Saylor, Ripple CEO Brad Garlinghouse, and Galaxy Digital’s Mike Novogratz.

Even President Trump addressed the summit on the third day.