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30 Fear

Bitcoin Demand and Institutional Adoption Insights With Coinbase

Original title: Bitcoin's Biggest Buyers Have Gone Quiet

The Wolf of All Streets 49:39 19,691 views on YouTube BRETT +7.1% BTC +0.5%

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Summary

The Wolf Of All Streets channel recently discussed bitcoin demand, the Coinbase Premium, ETF flows, and the Federal Reserve decision with Brett Tejpaul, Co-CEO of Coinbase Institutional. The discussion covered how the Coinbase Premium has not been positive on a single day in October and how spot bitcoin ETF flows have swung between heavy outflows and thin inflows. Tejpaul explained why seven of the world's largest banks run on Coinbase infrastructure, detailing how PNC, Chase, and Citi use it, and why stablecoin payments are driving the next wave of institutional adoption. The interview also addressed Strategy pausing its bitcoin purchases, Robinhood experiencing a crypto revenue slump as prediction markets grew, Treasury Secretary Scott Bessent pushing for crypto regulations via the SEC and CFTC, and Coinbase responding to a vendor data incident.

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Key points

  1. The Coinbase Premium was not positive on a single day in October.
  2. Spot bitcoin ETF flows swung between heavy outflows and thin inflows.
  3. Seven of the world's largest banks, including PNC, Chase, and Citi, run on Coinbase infrastructure.
  4. Stablecoin payments are driving the next wave of institutional adoption.
  5. Treasury Secretary Scott Bessent pushed for crypto rules through the SEC and CFTC.

Questions

Who was the guest on the show?
Brett Tejpaul, Co-CEO of Coinbase Institutional.
What is driving the next wave of institutional adoption according to the guest?
Stablecoin payments.

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