CoinDesk Podcast Network

Will a pure XRP ETF start trading this week? Canary Funds' XRP Trust is poised to become the first pure spot XRP ETF in the U.S. Once the Nasdaq certifies the listing, expected by end of day Wednesday, the product will become effective, clearing the last regulatory hurdle for a Thursday market open. Will we see the ETF go live on Thursday? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠midnight.network/break-free⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Genius Group has partnered with CoinDesk for Bitcoin Treasury Month, launching the Genius x CoinDesk Quest. Participants can join the Bitcoin Academy, complete free microcourses from experts like Natalie Brunell and Saifedean Ammous, and enter to win 1,000,000 GEMs (worth 1 BTC) promoting bitcoin education and adoption.Learn more at:  ⁠⁠⁠⁠geniusgroup.ai/coindesk-bitcoin-treasury-month/⁠⁠⁠⁠ - OwlTing (Nasdaq: OWLS) is building invisible rails for global payments. With OwlPay, businesses and users can bridge fiat and stablecoins, send money instantly across borders, and access stablecoin checkout at lower costs. Licensed worldwide, OwlTing delivers secure, compliant, and regulated infrastructure for the digital economy. Learn more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠owlting.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Taylor Fleming.

Alex Thorn, Head of Research at Galaxy Digital, shares insights on Bitcoin's price target revision from $185K to $120K, citing competition from gold and an October leverage wipeout. He discusses Bitcoin's maturation into a lower-volatility asset and its evolving market dynamics. The conversation also delves into the rise of stablecoins, their regulatory challenges, and how they can reinforce the dollar system. Thorn highlights the stalled momentum in Bitcoin development, emphasizing ongoing interest in innovative on-chain applications.

Join Johann Kerbrat, Senior Vice President and General Manager of Crypto at Robinhood, as he shares insights into democratizing finance. He discusses the company's commitment to access and education over gamification, and highlights the significance of stablecoins and Layer 2 technologies. Johann also addresses the evolving landscape of crypto in traditional finance, emphasizing customer demand, the diverse user mix on Robinhood, and how the platform aims to integrate crypto, stocks, and retirement investments into a user-friendly experience.

Fred Thiel, CEO and Chairman of MARA, discusses the company's ambitious pivot toward AI and high-performance computing (HPC). He delves into the significance of owning energy rather than relying on power purchase agreements. Thiel explains the concept of 'inference at the edge' and its practical implications for data sovereignty. He also highlights the challenges facing Bitcoin's price trajectory and why the path to $1M will be difficult. Lastly, he sheds light on strategic partnerships in Europe enhancing MARA's technology initiatives.

President Trump’s $2,000 'tariff dividend' proposal could spark a market rally, influencing traders' risk appetite and the inflation discourse. XRP saw a hefty 10% price surge driven by optimism over new ETF filings and institutional interest. Additionally, there are significant developments in the crypto space, including Ledger's potential IPO plans and its substantial custody footprint. These topics highlight the dynamic interplay between politics and the fluctuating cryptocurrency market.

Hunter Horsley, Co-founder and CEO of Bitwise Asset Management, dives into the exciting intersection of traditional finance and crypto, forecasting 2025 as a breakthrough year. He reveals the explosive demand for their Solana Staking ETF, which amassed over $400 million in just five days. Hunter argues that an XRP ETF could be a game-changer, attracting significant interest from traditional investors. Additionally, he discusses the evolving behaviors of ETF buyers and the mixed volatility landscape of assets like Bitcoin and Solana.

Sergey Nazarov, Co-founder of Chainlink and expert in decentralized oracle networks, introduces the Chainlink Runtime Environment (CRE), a groundbreaking tool designed to simplify advanced smart contract creation. He highlights how CRE condenses development time from months to days, enabling institutions like UBS to launch tokenized funds efficiently. Sergey emphasizes the critical need for privacy in institutional applications, showcasing how CRE can maintain selective privacy while ensuring transparency, setting the stage for innovative cross-chain solutions.

Despite a recent drop, Bitcoin remains strong with 30 indicators showing no signs of a bear market. Bitcoin dominance stands at 59%, nearing the critical 65% level that historically signals a cycle top. Long-term holders have absorbed significant sell pressure, and the Pi cycle top indicator remains green. Discussions include the effects of ETFs and institutional investments, the Mayer and Puell multiples, and the overall bullish sentiment reinforced by long-term charts. All signs point to the bull market continuing!

David Ripley, Co-CEO of Kraken, a prominent cryptocurrency exchange, discusses the firm’s record-breaking Q3 growth and its innovative strategies. He highlights stablecoins as a far superior payment mechanism, emphasizing their role as the default settlement currency for exchanges. Ripley also explains Kraken's expansion into futures and equities and how they cater to both seasoned traders and retail consumers. Moreover, he addresses the compression of Bitcoin volatility and its implications for market dynamics.

Google is set to show real-time prediction market odds from Polymarket and Kalshi in its Search and Finance platforms, signaling a bold move for mainstream blockchain use. Zcash is making headlines as it climbs back into the crypto top 20, driven by privacy enhancements. Exciting news in the meme-coin world: a potential Doge ETF could be launching soon, riding the wave of meme momentum. Breakthroughs in global payments are also discussed, focusing on how OwlTing is bridging fiat and stablecoins seamlessly.