{"id":554085,"date":"2023-02-20T05:32:24","date_gmt":"2023-02-20T02:32:24","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cryptos-next-bull-run-will-come-from-the-east-gemini-co-founder\/"},"modified":"2023-02-20T05:32:24","modified_gmt":"2023-02-20T02:32:24","slug":"cryptos-next-bull-run-will-come-from-the-east-gemini-co-founder","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cryptos-next-bull-run-will-come-from-the-east-gemini-co-founder\/","title":{"rendered":"# Crypto\u2019s next bull run will come from the East: Gemini co-founder"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a34d4e441db4\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a34d4e441db4\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/cryptos-next-bull-run-will-come-from-the-east-gemini-co-founder\/#%E2%80%9D_Cryptos_next_bull_run_will_come_from_the_East_Gemini_co-founder_%E2%80%9C\" >&#8221; Crypto\u2019s next bull run will come from the East: Gemini co-founder &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Cryptos_next_bull_run_will_come_from_the_East_Gemini_co-founder_%E2%80%9C\"><\/span>&#8221; Crypto\u2019s next bull run will come from the East: Gemini co-founder &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvMDlhMTNkNGUtNGYzMS00MGRhLThkM2MtZjBmMjI1NGIyMzY1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-48054ca8>Crypto&#8217;s next bull run will start in Asia, according to Cameron Winklevoss, an American investor, and co-founder of crypto exchange Gemini.<\/p>\n<p>His comments have come amid an increase in enforcement action and looming crackdowns from United States regulators, including the Securities and Exchange Commission (SEC).<\/p>\n<p>\u201cMy working thesis atm is that the next bull run is going to start in the East,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/cameron\/status\/1627352856633257984?s=46&amp;t=WtGmSij8JnFeOYWEV-Cn-w\">said<\/a> Winklevoss in a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> post on Feb. 19. <\/p>\n<blockquote><p>&#8220;It will be a humbling reminder that crypto is a global asset class and that the West, really the US, always only ever had two options: embrace it or be left behind.\u201d<\/p><\/blockquote>\n<p>&#8220;It can&#8217;t be stopped. That we know,&#8221; he added.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.chainalysis.com\/reports\/central-southern-asia-oceania-cryptocurrency-geography-report-2022-preview\/\">According<\/a> to Chainalysis, Central &amp; Southern Asia and Oceania (CSAO) was the third largest cryptocurrency market in its index for 2022. Citizens from these areas received $932 billion in cryptocurrency value from July 2021 to June 2022. <\/p>\n<p>CSAO was also home to seven of the top twenty countries in 2022&#8217;s index: Vietnam (1), the Philippines (2), India (4), Pakistan (6), Thailand (8), Nepal (16), and Indonesia (20).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">My working thesis atm is that the next bull run is going to start in the East. It will be a humbling reminder that crypto is a global asset class and that the West, really the US, always only ever had two options: embrace it or be left behind. It can&#8217;t be stopped. That we know.<\/p>\n<p>\u2014 Cameron Winklevoss (@cameron) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/cameron\/status\/1627352856633257984?ref_src=twsrc%5Etfw\">February 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In his Twitter thread, Winklevoss saidthat governments who fail to offer clear rules and sincere guidance on crypto will be &#8220;left in the dust,&#8221; and miss out on &#8220;the greatest period of growth since the rise of the commercial Internet,\u201d adding: <\/p>\n<blockquote><p>&#8220;And it will mean missing out on shaping and being a foundational part of the future financial infrastructure of this world (and beyond).\u201d<\/p><\/blockquote>\n<p>Winklevoss is neither the first, nor last, to suggest that the United States&#8217; <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach to crypto will drive away the industry, or that\u00a0Asia could kick off the next crypto growth cycle.<\/p>\n<p>Coinbase CEO and co-founder Brian Armstrong said the stringent actions from U.S. regulators, including the SEC, could further drive crypto businesses offshore.<\/p>\n<p>Meanwhile, an independent market analyst on Twitter \u2014 known as GCR \u2014 has also prophesied that &#8220;China, (and Asia in <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>) will fuel the next run,&#8221; in a Jan. 8 post to their 147,300 followers.<\/p>\n<blockquote><p>&#8220;It will take quite some time to melt Western cynicism towards this space, but the East is ascending and yearning to flex.&#8221;<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I believe China, (and Asia in general) will fuel the next run<\/p>\n<p>It will take quite some time to melt Western cynicism towards this space, but the East is ascending and yearning to flex<\/p>\n<p>You should be hanging out in WeChat<br \/>Many future pumps will be on coins none of your circle know<\/p>\n<p>\u2014 GCR (@GCRClassic) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/GCRClassic\/status\/1612431373851140097?ref_src=twsrc%5Etfw\">January 9, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Arthur Hayes, the former CEO of crypto derivatives giant BitMEX,\u00a0made a prediction last October\u00a0that the next bull run will start when China moves back into the market and went one step further to say Hong Kong has a vital part to play in this process. <\/p>\n<p>Hayes argued that Hong Kong might become the testing ground for Beijing to experiment with crypto markets and act as a hub for Chinese capital to find its way into the global crypto markets.<\/p>\n<p>At the time, he said &#8220;China has not left crypto \u2014 it has just been dormant.&#8221;<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Hong Kong wants to become crypto hub despite industry crisis<\/em><\/strong><\/p>\n<p>Earlier this year, Hong Kong&#8217;s financial secretary, Paul Chan made a Jan. 9 speech at the POW&#8217;ER Hong Kong Web3 Innovators Summit, where he revealed lawmakers passed legislation to set up a licensing system for virtual asset service providers in December.<\/p>\n<p>As a result of the changes in legislation, a &#8220;Chinese Coins Pump&#8221; narrative has been gaining traction as speculation grows over whether the regulatory easements in Hong Kong will lead to a massive surge for Asian-based crypto tokens.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-s-next-bull-run-will-come-from-the-east-gemini-co-founder\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Crypto\u2019s next bull run will come from the East: Gemini co-founder &#8220; Crypto&#8217;s next bull run will start in Asia, according to Cameron Winklevoss, an American investor, and co-founder of crypto exchange Gemini. His comments have come amid an increase in enforcement action and looming crackdowns from United States regulators, including the Securities and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":554086,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/09a13d4e-4f31-40da-8d3c-f0f2254b2365.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74894,76971,74863,74860,74864,74355,25196],"class_list":["post-554085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-blockchain","tag-cameron-winklevoss","tag-cryptocurrencies","tag-cryptocurrency-exchange","tag-gemini","tag-adoption","tag-asia"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/554085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=554085"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/554085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/554086"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=554085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=554085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=554085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}