Global Lookout - Looking Back and Looking Forward - TOKEN2049 Singapore 2023

good morning everyone um I'm Gracie Chan imagine director of beget since I arrived slightly later for and because of traffic I'm really sorry um so I'll spend about like seven minutes just to go through some Global Outlook trends that we think are very important this year and next year and also share a little bit about bigot what we do you might see our logo somewhere um and what we do so so actually we had a very exciting launch yesterday I'll share with uh with you guys about that as well so let's look at what are the important things happening this year so um there are actually five um this this click doesn't work but basically we will look at okay here we are so there are five trends that we think are very important this year and next year feds interest rate cut because right now the fair interest rate is about 5.25 to 5 percent uh 5.5 which is unsustainable in our opinion and we think the the decrease might happen next year and that makes the money will flow into different markets when the bond market is having an interest rate cut and one of those markets benefiting is definitely Bitcoin and the cryptocurrency industry and the second Trend BTC so everyone cares about what's the BTC price I'll share with you about our opinions basically huffing and spot ETF these two events will drive the price mainly especially spot ETF it's becoming uh clearer and clearer that you will be approved and then ethereum Cancun upgrade some new public change and also a TG Bots all right let's move on so touch a bit on the decrease of interest rate already uh right now it's very high and weight interest rate Cuts uh money will flow into our space as for BTC huffing so we know Bitcoin right now consists about 50 of the whole market cap and I just wanna have a show of hands how many of you think Bitcoin huffing will still have a huge impact in about Bitcoin industry okay about maybe a quarter and how many do you how many of you do think it may not has a huge impact nobody there's a few another I guess uh 20 okay I'm more on the on the later side honestly but because of the fact that BTC ETF uh well very likely be approved also next year early half of the next year as well as the interest rate decrease we think the time might still coincident with the Bitcoin huffing but it's not because you know Harvey has a huge impact but basically people have different views I would love to talk to you guys after the session and find out more about what you think and let's discuss so spot EDF as we know there are seven big institutions in the United States including BlackRock Fidelity wisdom 3 they've been applying for BTC ETF spot ETF and because spot ETF is very different from future CTF due to the fact that if they the spot ETF is approved all those Asset Management firms have to hold BTC and the amount of influx that we're looking at I personally think that might be 100 billion that we're looking at because grayscale BTC gbtc has actually about 200 or 20 billion in their Asset Management under gptc and with PTC ETF BTC spot ETF approved the amount we're looking at for all those seven institutions institutions together can be very huge so the trigger event obviously is about SEC review They will announce the next round of review I think October this year but very likely there may be another round of delay but the deadline is actually next year March or April so we will get a result next year and if we do uh very likely you'll be all the ETFs passed approved together Cancun upgrade so because of time scheme I'm not going to details of explaining layer one two three I guess many of you are very well educated about the differences if you want to find out more talk to me later and I can't upgrade will happen this year October and we think that's a very important event driving the layer to Hype especially lsd5 defy as well as ethereum price and then the fourth Trend I want to share is about new public change so another round of hand how many of you did participate in the arbitrum airdrop anyone oh good for you so you guys know that by interacting with arbitrom ecosystem before their launch of ARB token you probably have got some benefits like what we shared here there are 28 of the dresses got some BTS uh some ARB airdrop and according to the price of their lunch it's actually quite significant like more than a thousand USD we're talking about here so if you want to get more public chain like ARB sort of uh airdrop there are actually more projects that we think have high potential there are actually five on my list and you can find out more from me after this the fifth Trend we want to share is TG Bots I've been experimenting with tgbot as well and uh and we know like t-o-n which is the telegrams token has been launched and the unibot this is is the largest TG bot platforms or or like um the the bot on telegram right now so they have the largest market share and take take a look at those projects and those tokens uh we think there there are huge potential as well and finally let me share a bit about beget so we are actually a top five Global exchange especially if you look at the derivative Market we have very strong in director market and we started off interrupt Market but for spot Market we're about top 10 and this is according to Forbes coin gecko coin market cap coin Telegraph Etc and tomorrow I will have another panel it's a all exchange panel on the main stage with cool coin buy bit beget as well as okx so feel free to join us again for another session tomorrow at token 2009 main stage and here are some numbers about us we have 20 million users around the world our daily trading volume varies from 3 billion to 10 billion USD and right now we have lots of uh coins listed we have a protection fund which is actually the second largest protection Fund in the space right now other than binance safu which is to protect our users um and we are the world's largest copy trading platform and also we are not just doing exchange business we have a big ecosystem of epiget there is investment team there is forcing news first Adventure these are some of our strategic placement and also if you want to know more about bigot and know more about crypto space in general you can take a look at our learn like picket earn bigger research team we have shared lots of content they are much more you know um sector driven and specific than me when it comes to research and academics and last but not least just want to quickly share we think crypto our running exchange is actually like running a marathon so we uh a long time or like a long distance Runner and uh we think although right now it's still a bear Market it's a cold winter still but we're at like the second half of the bear market and very likely bull market will come next year so when that happens bitcoin price was increased and more talents come to to the space there will be more Innovative projects uh built in web3 and crypto that's all from me thank you very much feel free to contact me I'll be there after the speech and uh very happy to discuss with you on some potential investment opportunities on listing coins at our exchange or just to make friends thank you