Is the Bitcoin bear market already over? Kraken co-CEO Dave Ripley says the move back above $80K makes him think “that was the bear market,” and that it may be the softest bear market in Bitcoin’s history. He explains how retail and institutional customers are approaching Bitcoin right now on the Bitcoin Magazine Podcast with Spencer Nichols.
🔶 Host: Spencer Nichols — Bitcoin Magazine
🔶 Dave Ripley — Kracken Co-CEO
Chapters:
00:00 Softest Bear Market in Bitcoin History
01:27 Why This Cycle Doesn’t Feel Like a Bear
03:02 When Banks Said Blockchain Not Bitcoin
05:14 Stablecoins Prove Permissionless Works
06:56 Why Kraken Acquired a European Bank
09:46 Diversifying Revenue Ahead of an IPO
12:36 xStocks Lead Tokenized Equities
16:54 Bitcoin as Digital Gold for Institutions
19:00 Stablecoins Open the Door for Bitcoin Payments
20:09 AI Agents and Crypto Payments
23:41 How AI Is Changing How Kraken Operates
26:47 Prop Trading, Pay Services, and What’s Ahead
DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.