Debate erupts over crypto’s network effects as investors question L1 value
Santiago Roel Santos argues that crypto lacks true network effects and is overpriced as a result, but other experts counter that L1 network effects are present.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Santiago Roel Santos argues that crypto lacks true network effects and is overpriced as a result, but other experts counter that L1 network effects are present.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Total value locked in Ethereum Layer 2 networks falls to $5B
The drastic drop in Ethereum Layer 2 TVL highlights potential liquidity risks and valuation challenges for investors in scaling so...
One Bitcoin treasury just hit 20,000 BTC, but rapid share dilution meant investors ended up owning less of it
Strive, the Bitcoin treasury company, reached 20,000 BTC last week, but the amount it held per effective common share moved in the...
Europe’s 10 Major Banks Launch RL1 Blockchain to Power $808M+ Tokenized Finance Network
Key Takeaways: RL1 officially opened with the 10 European financial Institutions as founding members. The blockchain network targe...
Kevin Warsh’s no-guidance Fed breaks a 30-year playbook – leaving Bitcoin vulnerable to surprise rate hike
Bitcoin fell over the past 24 hours as traders positioned for a Federal Reserve decision that could break a market pattern dating...
FIFA Forward Enterprise proposes minority stake for private investors, with tokenized equity on the table
FIFA's move to sell minority stakes in its commercial arm could democratize investment but may prioritize profits over member asso...
Korean investors face stress after AI bubble bursts, and crypto markets are watching closely
The AI bubble burst highlights the volatility of speculative investments, potentially driving renewed interest and capital back in...