Main Points:
- Gemini’s institutional investor crypto research report suggests potential crypto expansion despite recent price declines.
- Global monetary policy shifts may benefit crypto prices.
- Poltical and regulatory developments could lead to more favorable crypto regulations.
- Infrastructure growth and new applications could drive consumer adoption of crypto.
Global Monetary Policy
Gemini’s report highlights the impact of global monetary policy shifts on crypto prices. With central banks relaxing monetary policies, there is potential for crypto prices to rise as they correlate with a weakening US dollar.
Political and Regulatory Developments
The report discusses the evolving political landscape towards more favorable crypto regulations, with bipartisan support in the US and potential regulatory advancements expected post-election. The industry is anticipating increased institutional and retail investment opportunities.
Infrastructure Growth and New Applications
Despite concerns about excessive infrastructure development, the report argues that it could lead to successful consumer applications in the crypto space. The rise of prediction markets and the growth of stablecoins indicate a potential shift towards globally adopted crypto applications anchored by expanding blockspace supply.
