Exploring Crypto Dynamics

In this episode of our podcast, Josh kicks off with the latest news shaking the crypto world. We dissect the Binance news, delve into the groundbreaking entry of USDC in Japan, and analyze recent trends in crypto fund inflows. 

David takes the reins to explore macroeconomic factors, focusing on consumer spending and what the outlook for 2024 could mean for the digital asset space. This segment offers a crucial understanding of how broader economic trends might influence crypto markets. 

Greg, in his segment, presents an intriguing hypothesis from a recent JPM note on potential flows in GBTC post any ETF conversion. He also breaks down the futures basis in Bitcoin, offering strategies on how to navigate these trades, and highlights an uptick in flows observed on the desk. 

Lastly, we dive into the realm of Web3 with Sid. The launch of Blast, a new Layer 2 platform created by the founder of Blur, has garnered attention with a staggering $600 million in TVL in its first week. We also discuss the possible ramifications of a potential hard fork in Cosmos, providing insights into what this could mean for the ecosystem. 

Don’t forget to like, subscribe, and connect with the Coinbase Institutional team for further insights and updates. 

Host: 

• Ben Floyd, Head of Execution Services 

Panelists: 

• Josh Pak, CES Sales Trader 
• David Duong, Head of Institutional Research 
• Greg Sutton, Senior CES Sales Trader 
• Sid Shekhar, Blockchain Research Manager