The Milk Road Show Coinbase’s 2026 Crypto Outlook: The Forces That Will Define the Market w/ David Duong
Jan 1, 2026
Join David Duong, Head of Institutional Research at Coinbase, as he reveals insights from the in-depth 2026 Crypto Market Outlook. He discusses the future of stablecoins, tokenization, and the anticipated rise in prediction markets. Expect stronger liquidity dynamics, potential Fed rate cuts, and the impact of AI on crypto transactions. Duong also forecasts quicker ETF approvals, highlighting their role in boosting institutional investment. With a keen eye on real-world assets, he imagines a vibrant market landscape evolving through innovative trading methods.
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Constructive Start To 2026
- David Duong expects the first half of 2026 to be constructive for crypto driven by Fed rate cuts and stronger productivity.
- He sees AI-driven productivity gains as a multi-year cycle that will lift risk assets and crypto.
AI Productivity Is A Multi‑Year Cycle
- David Duong frames AI-driven productivity as a 15-year cycle that began recently and will accelerate in coming years.
- He believes those structural gains underpin a durable bull case for crypto and other risk assets.
Position For Capital Rotation Into Alternatives
- Expect capital on the sidelines to move into alternatives as yields fall after Fed cuts.
- Consider crypto as a beneficiary when savings and money-market yields decline materially.