Crypto Update | Is the Bull Market Over? And Why Stablecoins Aren't Hitting Centralized Exchanges?

The latest price moves and insights with Jenn Sanasie and Co-Founder and CEO at Nansen, Alex Svanevik.

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Alex Svanevik, Co-Founder and CEO at Nansen, joins "Markets Daily," to discuss the potential impact of interest rates, stablecoin issuance, and on-chain activity on the market.

Takeaways |

The bull market in crypto may experience some choppiness in the coming weeks or months, but it is not over.
Stablecoin issuance is high, but there is a mixed picture in terms of their use on centralized exchanges.
The upcoming Eigenlayer airdrop and the future of layer twos in the crypto ecosystem as (L2s) are gaining traction and may surpass Ethereum L1 in terms of bringing on new users.
The crypto ecosystem is seeing an explosion of L2s and may eventually experience consolidation.
Tokenized treasuries are an emerging trend in the crypto space, with the potential for more types of real-world assets to be traded on-chain.

LINKS |

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Jenn Sanasie hosted this episode of "Markets Daily," which is produced and edited by senior producer Michele Musso and executive producer Jared Schwartz, along with Senior Booker Melissa Montañez. The original music is by Doc Blust and Colin Mealey. Show notes were assisted by an AI platform.

HOSTS

Helene Braun

Helene is a New York-based markets reporter at CoinDesk, covering the latest news from Wall Street, the rise of the spot bitcoin exchange-traded funds and updates on crypto markets. She is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.

Jennifer Sanasie

Jennifer Sanasie is an executive producer and senior anchor at CoinDesk, with over a decade of journalism experience across the U.S., Canada, and South Africa. Beyond media, she has worked closely with Web3 companies on marketing, content, and business strategy.

Jennifer holds an MBA from the Rotman School of Management, a Master of Laws in Innovation and Technology from the University of Toronto, a BA in Media Studies from the University of Guelph, and a Journalism Diploma from Humber College.

She owns BTC, ETH, SOL, USDC, USDT, G7, and DCNT. She also holds a mix of NFTs, altcoins and memecoins worth under $1,000.