bullish

Ethereum

Ocular: 2023 Thematic Outlook

400 Views11 Mar 2023 11:58
SUMMARY
  • 2022 was a challenging year for web3. We witnessed the collapse of TerraLUNA, the fall of FTX, and several notable insolvencies including Three Arrows Capital, Voyager, Celsius and BlockFi.
  • These events deeply impacted the sector, with the crypto market losing over $2 trillion in market cap in 2022 and public perception of web3 turning sour.
  • Many suspect we have yet to feel the full magnitude of the contagion effect of these events, as they are still ongoing (e.g. the FTX trial), and we could reach new lows.
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
  • Unlimited Research Summaries
  • Personalised Alerts
  • Custom Watchlists
  • Company Analytics & News
  • Events & Webinars
or
Trusted by:
Bloomberg
Societe Generale
SGX
Sequoia
Interactive Broker
Refinitiv
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Logo
Ocular
Research from Ocular
Ocular
Crypto
Price Chart(Sign Up to Access)
analytics-chart
  • Ocular: 2023 Thematic Outlook
    11 Mar 2023
x