Jademont, founding partner of Waterdrip Capital, is optimistic about the cryptocurrency market in the second half of 2024.

BlockBeats News, September 11th - Jademont, founding partner of Waterdrip Capital, spoke at the "Build For Miracle" summit co-hosted by Metastone and BlockBeats today on the topic of "Narratives Worth Paying Attention to in the Future Bull Market". "I don't think it's important how we view the market. What's important is that I hope this is the beginning of a bull market, but unfortunately, I think we have to wait for some real signals. At least until the end of this year, the bull market may not appear. But I am very optimistic about the second half of next year, when I think there are three aspects we can look forward to. First, of course, is the halving year. "Halving" is more like a psychological effect that everyone is waiting for. The second signal is regulatory issues, especially the solutions between the US Securities and Exchange Commission (SEC) and some cryptocurrency companies. I expect there will be more and more solutions between the SEC and our partners. Especially after the US election, I think the regulatory environment will be better than it is now. The third signal is that I think some large companies, such as Fidelity and BlackRock, will inject some funds. They are applying for exchange-traded funds (ETFs). I believe that one day they will be approved. It may be next year or the year after, but one day it will be approved. So personally, I am looking forward to seeing the moment of the bull market." · Summit time: September 11th, 9:30-22:00 · Summit location: PARKROYAL COLLECTION Marina Bay Singapore 6 Raffles Boulevard 039594