Hack Seasons Opinion Business Markets Technology
October 02, 2024

The Road Ahead for Crypto: Industry Leaders Weigh In on Whether a Bull Run is on the Horizon

In Brief

Crypto industry leaders discuss potential bull run before year-end, influenced by market conditions, geopolitical factors, and regulatory changes, offering both optimism and caution on factors to drive or delay the rally.

The Road Ahead for Crypto: Industry Leaders Weigh In on Whether a Bull Run is on the Horizon

Some of the crypto industry’s top leaders gathered at the Hack Seasons Conference in Singapore to discuss a pressing question: Is a new crypto bull run likely to start before the end of the year? Their views, shaped by market conditions, geopolitical factors, and regulatory changes, reveal both optimism and caution. Here, we share their insights on the factors that could drive or delay the next big rally in the crypto market.

AV, CMO at Electra

AV believes the timing of the next bull run largely hinges on external market conditions, especially geopolitics. He points to recent regulatory changes, including an increase in financial caps, which signal a bullish trend. According to AV, “The bull run is actually here already… We’re expecting some moves from October,” but he acknowledges that more substantial gains might not materialize until after the U.S. elections. In his view, political events and market cycles will dictate when the bull run truly takes off.

Kevin Lee, CEO of Gate.HK

Kevin takes a more nuanced approach, suggesting that the lines between bull and bear markets are becoming blurred. He notes that the first U.S. interest rate cut in four years is a promising indicator and that the resulting market pump is a positive sign. However, he stresses that the U.S. elections, with one party being more crypto-friendly, could have a transformative impact on the industry, not just in the U.S. but globally. For Kevin, the question isn’t solely about a bull run—it’s about whether the market will experience a lasting, positive shift.

Gleb Kostarev, CEO of Blum

Gleb is cautiously optimistic, expressing hope for a bull run but acknowledging the difficulty in predicting its exact timing. He echoes the sentiments of other industry leaders, recognizing that external factors like regulations and global market trends will play a crucial role in shaping the market’s trajectory in the coming months. While he remains hopeful, he stops short of making any bold predictions.

Anjali George, Head of Marketing and Growth at Theoriq

Anjali describes the current market as one where “the dominoes are lining up.” She believes that while a bull run is possible, many factors still need to fall into place. “If everything in the stars align, then maybe,” she notes, but she emphasizes the importance of builders continuing their work regardless of market conditions. For her, the focus remains on steady development rather than chasing market cycles, highlighting the resilience of the Web3 space.

Overall, the experts agree that while the conditions for a bull run are developing, it’s too early to say with certainty when it will happen. The upcoming U.S. elections, interest rate cuts, and broader geopolitical factors will likely play pivotal roles in determining the market’s direction. As always, those building and innovating in the space will continue to do so, regardless of market highs or lows.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.

More articles
Victoria d'Este
Victoria d'Este

Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
Anthropic Unveils Claude Gov: Specialized AI Models Developed For US National Security Use
News Report Technology
Anthropic Unveils Claude Gov: Specialized AI Models Developed For US National Security Use
June 6, 2025
EigenLayer Rolls Out Redistribution Feature, Allowing AVSs To Repurpose And Distribute Slashed Funds
News Report Technology
EigenLayer Rolls Out Redistribution Feature, Allowing AVSs To Repurpose And Distribute Slashed Funds
June 6, 2025
First Week Of June:  Binance Academy And Solana Spark Global Blockchain Growth
News Report Technology
First Week Of June:  Binance Academy And Solana Spark Global Blockchain Growth
June 6, 2025
Matrixport: Weaker US Macroeconomic Data Could Trigger Market Volatility, Challenging Bitcoin’s Upward Momentum
Markets News Report Technology
Matrixport: Weaker US Macroeconomic Data Could Trigger Market Volatility, Challenging Bitcoin’s Upward Momentum
June 6, 2025