Kyle Davies, co-founder of the bankrupt crypto fund Three Arrows Capital (3AC), shared his predictions for the events he thinks will happen in the crypto money market in 2023.
Kyle Davies twitter via account under 8 headings He shared his predictions for 2023. to your estimates FTX founder Sam Bankman-Fried (SBF) Davies, who entered with that he will never go to jail in 2023 he predicted. As it will be remembered, the priority persons held responsible for the FTX bankruptcy, including the SBF, last week. released on bail had been left.
The giant investor of the crypto money industry, who had a hard time with Davies predictions Digital Currency Groupto (DCG) continued with reference. Genesis and grayscaleThinking that . . will face a class action lawsuit, founder Davies said U.S. Securities and Exchange Commission’s (SEC) to DGC criminal case He claimed to open it.
Davies’ next prediction, coinbase (COIN) It was to predict a big drop in the yield of their bonds. However, another stock market BinanceHe said its market share will grow. In another estimation, one of the most critical issues of the crypto money market. Tether‘to (USDT) Davies argued that the stablecoin issuer will continue to maintain its status in 2023.the envious will hate this” he added.
Extending his predictions to the second quarter of 2023, Davies said that crypto money will experience in prices. dead cat bounce He believes that his actions can catch the phenomena in the crypto community on Twitter. Contrary to the phenomena where the founder would mistake every rise as a bull start, the true bull’s “well below” He thinks it will start.
Davies could not help but include countries in his 2023 predictions. Next year Dubai and SingaporeStating that Turkey will play a leading role in the crypto money industry with constructive regulations, Davies said that these countries “headquartersHe believes they will.
In your final guess bitcoin and EthereumThe 3AC founder ended his predictions with a joking sentence:
BTC and ETH will continue to produce blocks, crypto is not dead!