From Nasdaq:

1. Crypto markets are buzzing with the highest trading prices seen since 2021’s upswing. This time, experts believe the rally will continue with a different feel. Retail interest is quietly growing, and indicators such as active users on MetaMask and significant inflows into bitcoin ETFs signal a strong rebound.

2. Compared to the pandemic-era bull market, the current crypto market buzz is quieter. The era was marked by mass exuberance, celebrity endorsements, and cultural significance. Since high-profile crypto bankruptcies, discussing crypto has become less enthusiastic due to the hangover left behind.

3. Several factors are contributing to rising interest in crypto, including the bitcoin halving, token airdrops, endorsements from significant figures and government bodies, and the launch of successful bitcoin exchange-traded funds (ETFs). The crypto industry may have turned a corner, with fewer legal concerns and a growing sense of cooperation from governments.

4. Despite the unpredictable nature of the crypto market, a growing sense that crypto is on the cusp of a significant turning point is evident. If the buzz intensifies, the industry can leave behind the shameful aspects that led to bad vibes last time and focus on building a more substantial, long-lasting future.

These are excerpts from The Node newsletter, offering insights into the latest events in the crypto market and beyond. Source: CoinDesk.



Read more: Does Anyone Else Feel the Crypto Vibe Shift?