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CoinDesk Podcast Network

MARKETS DAILY: Crypto Update | Game of Tariffs: Kevin O'Leary on Crypto Amid 'All-Out Economic War' Between U.S. and China

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 22 April 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

The latest price moves and insights with Jennifer Sanasie and Kevin O'Leary. To get the show every day, follow the podcast here. O'Leary Ventures Chairman Kevin O'Leary, aka Mr. Wonderful, joins CoinDesk to discuss the ongoing trade war between the U.S. and China, and its implications on the digital assets space. Plus, bitcoin's potential decoupling from traditional markets and whether ether can make a comeback. Kevin O'Leary will be joining CoinDesk at Consensus 2025 in Toronto from May 14-16. Get your tickets here: https://consensus2025.coindesk.com/ This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:43.9

Wondery, UK. That's audible.com slash Wondery UK. All that stuff on boats and the water

0:52.0

coming from China, not coming into American ports, because right

0:55.1

now we're at 245% tariffs. That's a complete collapse of trade. And so it's got to get resolved.

1:00.3

And it's a game of chicken between Xi and Trump. I think it'll get resolved in the next 60 days,

1:06.3

but I'm guessing like everybody else. And Powell's in the same boat. So it's classic that the executive,

1:12.0

in this case, Trump would jawbone the Fed, drop rates. That's been going on since the beginning

1:16.7

at time.

1:23.4

Trump versus Chi, Bitcoin versus traditional markets, and can either make a comeback.

1:29.5

Mr. Wonderful says that China and the U.S. are playing a game of chicken.

1:33.3

Bitcoin shows promise against traditional markets, and the narrative around layer two's is much more exciting than eat these days.

1:40.9

O'Leary Ventures Chairman Kevin O'Leary, welcome back to Markets Daily.

1:45.7

Great to be here. Thank you.

1:47.3

All right. Let's talk about crypto markets off the top, and then I want to broaden the conversation

...

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