Crypto Chat with Chapo - Episode 340 - Lighter Protocol

0 Views· 07/12/23
Crypto Chat with Chapo
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Episode 340 of the podcast "Crypto Chat with Chapo" provides an overview of the current state of the cryptocurrency market and focuses on the potential impact of the Bitcoin Exchange-Traded Fund (ETF) approval. The host mentions that the BTC price is experiencing a mid-year rise, and speculates that if the Bitcoin ETF gets approved, it could lead to a significant acceleration in the Bitcoin price. However, the host also predicts that this could result in the obliteration of the altcoin market due to the influx of new money into Bitcoin. They discuss the possibility of Ethereum and other major cryptocurrencies being included in the ETF, while acknowledging the uncertain regulatory landscape.The host then transitions to discussing a project called Lighter Protocol, a decentralized order book exchange for spot trading on the Arbitrum network. They explain how order books work and mention that Lighter Protocol does not currently offer leverage trading. Despite some drawbacks, such as limited trading pairs and incomplete documentation, the host believes that the project has potential and highlights its compatibility with popular wallets like MetaMask and Coinbase.The episode concludes with the host sharing their perspective on the cryptocurrency market and expressing optimism about the future of altcoins, particularly after the initial focus on Bitcoin subsides with the potential approval of the Bitcoin ETF. They share their personal investment strategy and encourage listeners to stay informed and open to learning. The episode ends with a reminder to be present, do something kind for others, and continue learning.

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