MARKETS DAILY: Crypto Update | Bitcoin Is 'Significantly Undervalued Today': Off the Chain Capital CEO
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 29 April 2024
⏱️ 16 minutes
🧾️ Download transcript
Summary
The latest price moves and insights with Jennifer Sanasie and Off the Chain Capital CEO Brian Dixon.
To get the show every day, follow the podcast here.
On "Markets Daily," Off the Chain Capital CEO Brian Dixon breaks down the recent price movements in bitcoin and explains why various models indicate that bitcoin is currently undervalued. Plus, insights on the impact of Russia's potential crypto ban and spot ETF products in Hong Kong.
-
Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MD15. Register now at consensus.coindesk.com.
-
This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Victor Chen, alongside Senior Booking Producer Melissa Montañez. All original music by Doc Blust and Colin Mealey.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
| 0:05.8 | of a button. |
| 0:07.0 | Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths |
| 0:11.8 | solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville. |
| 0:17.1 | Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural |
| 0:22.6 | chills to far-off romances, every story comes alive through world-class narration. |
| 0:28.5 | Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers |
| 0:34.4 | that transport you from the very first word, because the next great |
| 0:38.2 | adventure is just a listener way. Start your free 30-day trial at audible.com slash Wondery, UK. |
| 0:45.6 | That's audible.com slash Wondery UK. |
| 0:49.6 | Our models today, whether it's a trendline analysis, Metcalf's law, stock to flow with either |
| 0:55.3 | US dollars or gold, all of those models indicate that Bitcoin is significantly |
| 0:59.7 | undervalued today. |
| 1:05.8 | It's Monday, April 29th, 2024, and this is Markets Daily, a show where we get into the minds of some of the |
| 1:12.4 | smartest and most experienced CEOs, investors, traders, analysts, economists, anyone with a |
| 1:18.3 | smart or hot take on the crypto markets. I'm Jen Sassy. Before we get into our discussion today, |
| 1:23.5 | let's take a look at what's going on in those markets. Bitcoin and Ether are treating lower this morning with mixed bullish and bearish market signals as the week begins. |
| 1:32.4 | Bitcoin was at around $62,000 the last time I checked and Ether was at around 3,100. |
| 1:37.8 | That was as of around 10 a.m. Easter time this morning. |
| 1:41.5 | There are fears of stagflation on the rise. Now, this is a period of high |
| 1:45.6 | inflation and low growth. This could be a worst case scenario for risk assets like crypto. We're |
| 1:50.9 | going to keep watching the macro aspect of the markets on this show. So if you don't already like |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.