Pro
Promising Regulation Arrives Amid Stiff Market Headwinds
Key Themes
- NYDFS proposes regulation to charge BitLicensed companies for supervision costs.
- The price of oil will maintain pressure on BTC miners in 2023.
- Apple demands 30% of gas fees related to NFT transactions on Coinbase Wallet.
- Fed Chair Powell foreshadows a 50 bps rate hike at the next FOMC meeting.
- U.S. consumers continue to shift demand toward services and away from goods.
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Chris is an Enterprise Research Analyst at Messari. He provides coverage on Macro, Bitcoin, and Ethereum. Prior to Messari, Chris was an investment banker with SVB Securities and served in the US Army. Chris holds an MBA and MSF from Boston College and a BS in Economics from West Point.
Mentioned Assets