Crypto Chronicles:We Are Doomed

1-From memecoins to real-world assets: DELV CEO discusses crypto's future.

Texas-based DELV CEO Charles St. Louis has shaped DeFi for over a decade, focusing in fixed-rate lending, tokenized real-world assets, and governance. He discusses anything from memecoins as onboarding aids to tokenization's impact on investment structures.

St. Louis discusses DeFi governance, regulatory changes, and the Trump administration's crypto attitude.

Simply said, memecoins are memes. They lack usefulness, income, and long-term foundations. Buy a trend, hope it gets noticed, and that's it. Memecoins are speculative, unlike structured DeFi tokens like Maker or Morpho, which generate income. However, there is a bright side. Memecoins increase crypto adoption.

As onboarding tools, they introduce retail investors to digital assets. They may explore more substantial financial options after engaging with crypto via memecoins. However, it presupposes their memecoin experience doesn't jaded them about DeFi's genuine values.

DELV has two primary fixed-rate products. First, fixed-rate yield resembles zero-coupon bonds. People purchase crypto cheaply, and it appreciates with time. Buy 0.95 ETH and watch it become 1 ETH. Passive investors who seek steady returns without volatility management would love this.

The second product is fixed-rate borrowing. Hyperdrive lets us develop fixed-rate versions of Morpho and Spark's variable-rate borrowing markets. This is essential for stable institutions.

Most DeFi loans need $150 collateral to borrow $100. This reduces defaults compared to undercollateralized loans in conventional finance.

Digital identification and reputation are the biggest challenges in DeFi borrowing. Without credit score, borrower dependability cannot be assessed. Risk management requires overcollateralization till that's resolved.

2-Crypto stocks lose billions as Bitcoin, altcoins fall.

Coinbase, the largest U.S. crypto exchange, fell from $350 to $190 per share in November. Its market worth dropped from $86 billion to $48 billion, a $38 billion loss.

Additionally, Michael Saylor's Strategy has lost billions. Its market worth fell from $106 billion last year to $79 billion today. Former MicroStrategy currently possesses 499,226 Bitcoins on its balance sheet.

Robinhood shares fell from $66.85 to $45, losing $18 billion. Robinhood is a prominent crypto player despite its retail trading roots. It plans to expand its sector influence after acquiring BitStamp later this year.

The falling BTC price has affected bitcoin mining stocks too. Marathon Digital, now Mara Holdings, lost $4.6 billion. Other comparable firms like Riot Blockchain, Core Scientific, CleanSpark, Hut 8 Mining, and TeraWulf lost billions.

Despite the Trump administration's backing for crypto with a Strategic Bitcoin Reserve, prices and stocks have fallen.

The Securities and Exchange Commission has also issued welcoming regulations and stopped most industry cases. It settled Coinbase, Ripple Labs, and Kraken litigation.

Whether crypto stocks recover is unknown. Crypto experts have conflicting views. Bitcoin is expected to rebound, with Standard Chartered estimating $500,000 over time.

CryptoQuant creator Ki Young Ju believes the crypto bull run is over since all indications are pessimistic.