Coinbase Markets Podcast

It’s been a busy week and while Bitcoin is up sharply, it has traded in a 35% range, wide even by Bitcoin’s standards. Georg and Greg saw flows that they never thought they’d encounter and Sid talks through how DeFi protocols had their fundamental principles questioned. We talk about what’s next and how we in crypto can rely less on the frailties of a legacy banking system. On CPI, David runs us t...

In a relatively quiet market since the move down on March 3, we discuss perp funding rates turning negative ahead of the Mt Gox unlock and what we’re seeing on the trading and financing teams ahead of this. David shares key insights from his Asia client trip in the context of easing crypto regulations in HK and takes us through the upcoming macro events. Sid provides an update on the controversial...

The institutional trading team runs through the launch of Base and what they’re excited for in the coming months. Lido staking nears 75% with some very large transactions this week. The question of blockchain immutability is challenged in a court of law. The team also runs through their latest macro thoughts, the varied flows that they’re seeing on the desk and the re-orientation of stable coins a...

This week the team talks through how well crypto has held up in the face of higher rate expectations, possibly buoyed by flows from the Far East. They also cover Blur’s launch and incentive programs which helped it 4X OpenSea’s volumes last week and push them into a platform fee holiday. Lastly, the team provides an update on Ordinals and talks through the potential for L2s on Bitcoin. Hosted by S...

Following the January inflation print, our institutional trading and research teams talk about the current state of crypto markets, the macro landscape, Bitcoin ordinals, and the Sepoelia testnet on February 28. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

A less hawkish Fed spurred the risk rally to continue last week, but recent economic data has created confusion among investors. Powell speaks to the Economic Club of Washington on Tuesday. Plus, our trading desk and research teams talk about digital artifacts on bitcoin, a controversial proposal on Uniswap, and recent market inflows. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswi...

This is a big macro week for markets with the Federal Reserve, ECB, Bank of England, and US payrolls data on tap. Ahead of those events, our trading and research team discuss the factors moving prices, the slope of the rates curve, and where the surprise might be to markets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of person...

This week the team discusses the positive market performance despite Genesis filing for Chapter 11 and take a closer look at BTC & ETH futures. They also review the macro situation, looking ahead to the Fed meeting on January 31/February 1 and the US debt ceiling. Lastly, they review the Electric Capital report on developer activity in 2022 as well as recent news on Uniswap and Ethereum. Hosted by...

This week the team covers what’s happened with the recent run-up in prices, including: ► What tokens have gained the most (hint: ChatGPT is playing a role) ► Trade flows and what hedge funds, miners, and corporates have been doing recently ► The upcoming spotlight that the macro environment might place on crypto prices   The team also shares some of the takeaways from the thousand of pages of year...

This week the team covers what’s happened over the break including: ► Has SBF or Alameda’s wallet been selling SOL? Wallets connected to them appear to be ► The ongoing DCG & Gemini situation which has been taken to twitter ► ETH upgrades, updates on staked ETH and who is benefiting The team also shares some of the takeaways from the thousand of pages of year ahead reports we’ve all been reading....

Crypto trades higher on inflation surprise, but the Fed’s tone on Dec 14 could still dent the rally. The arrest of SBF is deflecting some of the attention away from the US House Financial Services hearings on FTX. Outflows at Binance unnerve some investors, but they’re relatively small relative to reserves. And finally, our predictions for markets and the crypto landscape in 2023.   SUBSCRIBE + Ad...

With FTX related fears moving into the rear view mirror, this week the team is talking through macro data points to watch out for, the strong out performance of LTC, and whether we will see a Santa Claus rally into year end. The team also tackles steep losses at Maple, a hack at ANKR, and share a PSA for BAYC holders.   SUBSCRIBE + Additional Resources : ► To view this week's episode on Youtube: ...

A quieter week for crypto, but there’s still contagion fears and macro risks on the horizon. The team discuss the mining sector and whether or not we should be worried about contagion. Sid also takes us through Curve’s new product launch which forced a short seller to cover their position in a 50% up move.   SUBSCRIBE + Additional Resources: ► Please review Coinbase's approach to risk management a...

This week the team discusses the recent announcements from Genesis and DCG and what that could mean for the crypto space and GBTC product. We also provide an update on where the hacked funds from FTX are.   SUBSCRIBE + Additional Resources: ► Please review Coinbase's approach to risk management and consumer protection:  https://www.coinbase.com/blog/our-approach-to-transparency-risk-management-and...

This week, we welcome two senior members of the Coinbase Institutional Sales team, to talk us through how institutions feel about crypto post FTX fallout and what the path forward looks like. We also dig into how this has affected the trading in crypto markets, what we learned by looking on-chain and of course, what the macro outlook is!   SUBSCRIBE + Additional Resources: ► Please review Coinbase...

A lot has happened in crypto over the last 24 hours. The CB Institutional team break down the FTX/Alameda situation, what could happen next for FTX & SOL and what we’ve seen and heard from clients in the last 24 hours. DISCLAIMER :  This episode was recorded on the morning of November 9, 2022. At the time of recording Binance and FTX had publicly announced a tentative arrangement where Binance wou...

Coinbase's VP of Global Regulatory Policy Scott Bauguess talks through what’s going on in DC with SBF’s proposal, Vitalik’s response and what the next few months could look like. We also talk about Coinbase supporting Ripple and Grayscale. David talks through what to expect from the FED this week and his outlook for the end of the year. Georg covers some big movers and Greg runs through what he’s...

This week the team covers SBF’s regulatory musings, ETH and BTC volumes on exchange and what it means for the market overall, along with upcoming macro catalysts. We also discuss the recent proposal of MakerDAO to blend CeFi and DeFi, as well as voting dynamics on Uniswap and the Reddit Avatars NFT launch.    SUBSCRIBE : ► To view this week's episode on Youtube:  https://www.youtube.com/watch?v=iu...

A week where crypto prices ended up in the green, despite another large DeFi exploit. We also saw a new L1 has launch too much fanfare. We were given a better idea of the roadmap for the ETH Shanghai update and Wintermute repaid a large loan, confirming their solvency after their recent incident.     SUBSCRIBE : ► To view this week's episode on Youtube:  https://www.youtube.com/watch?v=ZL1GL0C3pbA...

This week the team covers US CPI, Ripple’s Win, Weaker Volumes and the Binance Smart Chain exploit. SUBSCRIBE: ► To view this week's episode on Youtube:  https://www.youtube.com/watch?v=wu9OBpSpcz0 ► To learn more about our research visit our research and insights hub:  https://www.coinbase.com/institutional/research-insights ► Follow us on Twitter:  https://twitter.com/coinbaseinsto This content...

This week the team covers US dollar strength and extreme moves in the British Pound. Flows also turned risk off, but BTC and ETH have still been outperforming traditional FX. Sid covers the USDC expansion and updates to the Cosmos ecosystem. SUBSCRIBE: ► To view this week's episode on Youtube:  https://www.youtube.com/watch?v=PE157kz9YjI ► To learn more about our research visit our research and in...

The Coinbase trading and research teams cover the successful ETH Merge and discuss what's next. They run through the two new ETH POW assets and their value today. It's an important week for Macro and David runs through what to look out for in the US and abroad. Lastly, Sid runs through the $160m hack of Wintermute, one of the most sophisticated market makers in crypto. SUBSCRIBE: ► To view this we...

The Coinbase trading and research teams cover the countdown to the ETH Merge and launch of the ETH POW token. SUBSCRIBE: ► To view this week's episode on Youtube: https://youtu.be/FV\_KrE9E-z4 ► To learn more about our research visit our research and insights hub: https://www.coinbase.com/institutional/research-insights ► Follow us on Twitter: https://twitter.com/coinbaseinsto This content is bein...

The September effect, trouble in Europe, the Bellatrix Upgrade, and what to watch in DeFi as we head into the merge. The Coinbase trading and research teams cover it all and more. SUBSCRIBE: ► To view this week's episode on Youtube:  https://youtu.be/FV\_KrE9E-z4 ► To learn more about our research visit our research and insights hub:  https://www.coinbase.com/institutional/research-insights ► Foll...

This week the Institutional team discuss life post Jackson Hole, ETH options positioning & NFT liquidations. At Coinbase, our mission is to create an open financial system for the world. SUBSCRIBE : ► To view this week's episode on Youtube: https://youtu.be/FV\_KrE9E-z4 ► To learn more about our research visit our research and insights hub: https://www.coinbase.com/institutional/research-insights...