BTC
$105,815.51
+
1.17%ETH
$2,522.24
+
1.00%USDT
$1.0004
-
0.02%XRP
$2.1835
+
0.44%BNB
$651.48
+
1.07%SOL
$151.04
+
1.32%USDC
$0.9998
+
0.01%DOGE
$0.1836
+
2.32%TRX
$0.2831
+
1.79%ADA
$0.6656
+
0.30%HYPE
$34.55
+
1.28%SUI
$3.2413
+
2.44%LINK
$13.87
+
3.10%AVAX
$20.85
+
7.24%LEO
$9.0343
+
1.21%XLM
$0.2661
+
1.09%BCH
$408.02
+
3.16%TON
$3.1802
+
1.27%SHIB
$0.0₄1275
+
2.18%HBAR
$0.1696
+
3.05%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
BREAKDOWN: Why Today's Crypto Exchange Leaders Are Powerful, but Not Inevitable
As crypto asks why prices shot down, the power and influence of exchanges are at the center of the conversation.
Listen or watch all the new CoinDesk podcast episodes wherever you want.
ABOUT
After settling in to the $10,000 price level, BTC suddenly and rapidly dipped more than 5% in an hour on Wednesday. As the market discusses possible explanations, some floated the unexpected simultaneous downtime of Binance and Coinbase as a causal factor.
In this episode of The Breakdown, we discuss the power exchanges wield - both in terms of market liquidity as well as the ability to shape news cycles. The good news is that new funding for insurgent exchanges suggest that power today is not inevitable.
Lastly, we discuss the latest in central bank digital currencies, with Sweden launching an e-krona pilot; a former head of China’s national bank saying Coronavirus could accelerate efforts; and a new member of the Libra Association.
HOST
CoinDesk
CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.
We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.
EPISODES
BITCOIN SEASON 2: Not Just Coinbase, Everyone’s Leaking Crypto User Data
We explore the Coinbase customer data breach, vulnerabilities in KYC systems, and the increasing risk of physical att...
May 17, 2025
THE MINING POD: American Bitcoin is Going Public, IREN’s $100M Tariff Bill, Bitdeer Deploys Sealminers
American Bitcoin is gunning to go public via a merger with Gryphon Digital.
May 16, 2025
BITCOIN SEASON 2: What the Samourai Case Means for the Future of BTC Privacy
Seth for Privacy breaks down the Samurai Wallet legal case, Bitcoin's current privacy limitations, and solutions like...
May 14, 2025
Bitcoin to Replace U.S. Dollar in '10 Years': CoinDesk Spotlight with Tim Draper
Insights into the past, present and future of the crypto industry with Tim Draper.
May 13, 2025
COINDESK SERIES
0 EPISODE
The Mining Pod
Feb 10, 2025
1192 EPISODES
CoinDesk Podcast Network
The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.
Dec 20, 2023
1333 EPISODES
Markets Daily Crypto Roundup
Tune in as CoinDesk runs down daily action in bitcoin markets and some of the most important recent industry development.
Dec 19, 2023
0 EPISODE
Unchained
Unchained, your no hype resource for all things crypto by former Forbes senior editor Laura Shin, author of The Cryptopians.
Dec 18, 2023