Chainalysis APAC Head Ulisse Dellorto on Crypto Outlook

The video discusses the current trends and factors influencing the cryptocurrency market, including its role as an inflation hedge and risk asset. It highlights the impact of global regulatory actions, such as those in Russia and Kazakhstan, on the market. The rise of decentralized finance and digital currencies is explored, along with the involvement of institutional investors. The video also covers Bitcoin's price trends, support levels, and the growing significance of NFTs as an asset class, emphasizing the need for regulatory clarity.

What are the two main factors currently influencing the demand for cryptocurrencies?

• Its popularity among millennials and tech enthusiasts

• Its environmental impact and energy consumption

• Its value as an inflation hedge and a risk asset

• Its use in illegal activities and high volatility

How have global regulatory moves affected the perception of cryptocurrency?

• They have had no impact on cryptocurrencies

• They have made cryptocurrencies more stable

• They have disrupted the perception of cryptocurrency as the future of commerce

• They have increased the demand for cryptocurrencies

What is a significant challenge facing the growth of decentralized finance (DeFi)?

• Limited user adoption

• Lack of technological infrastructure

• Lack of global regulation

• High transaction fees

Who has been more cautious in the recent cryptocurrency market sell-off?

• Government regulators

• Cryptocurrency miners

• Institutional investors

• Retail investors

What is the current state of Bitcoin's price compared to its cost basis for recent investors?

• Equal to the cost basis

• Unrelated to the cost basis

• Below the cost basis

• Above the cost basis

How does the market size of NFTs compare to traditional art?

• NFTs are significantly larger

• NFTs are about the same size

• NFTs are significantly smaller

• NFTs are not comparable to traditional art

What percentage of global regulators currently provide guidance on taxing NFTs?

• 7%

• 25%

• 50%

• 15%