UNCHAINED: How Crypto Markets Are Reacting Post-Selloff, With Election/Fed Uncertainty Ahead
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 9 August 2024
⏱️ 36 minutes
🧾️ Download transcript
Summary
Jason Pagoulatos, head of markets at Delphi Digital, explains why crypto markets rebounded quickly from the rout this week, why ETH has underperformed BTC and SOL in 2024, and how Fed and election uncertainty might affect crypto.
After the unwinding of the Japan carry trade, the weak jobs report, and Jump’s dumping of ETH slammed crypto prices earlier this week, Jason Pagoulatos, head of markets at Delphi Digital, gives his insights on where prices are headed. He explains why he thinks Ethereum has underperformed so far in 2024, how the ETH ETFs might impact the price as outflows from Grayscale’s ETHE dwindle, and how the election, moves by the Fed, and the adoption of Bitcoin ETFs by Morgan Stanley advisors will affect BTC.
Show highlights:
- Why the markets have rebounded since the weekend selloff
- The role of Jump in the ETH selloff and why ETH has been underperforming so much this year
- Whether Grayscale’s ETHE slowing down the outflows will reverse the trend for ETH
- Why Jason believes that investment advisors will continue to push bitcoin to their clients
- How the macroeconomic environment is affecting crypto prices now and the impact in the near future
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
Thank you to our sponsors!
Guest
- Jason Pagoulatos, head of markets at Delphi Digital
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk.
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 |
| 0:43.9 | Wondery UK. That's audible.com slash Wondery UK. |
| 0:49.7 | Thanks for listening to Unchained, your no-hype resource for all things Crypto, on the Coin Desk |
| 0:54.9 | Podcast Network. You can also listen to the episodes on the Unchained Feed earlier if you subscribe |
| 1:00.5 | there. Plus, check out all our content on our website, Unchained Crypto.com. |
| 1:06.5 | It seems pretty obvious to us that, like, that Solana versus ETH had more narrative shots on goal. |
| 1:13.6 | And Bitcoin versus ETH, it was just a much more clean investment, you know, thesis. |
| 1:17.8 | So like if I'm looking at it from that perspective, it's like I go Bitcoin and then I go further on the risk curve and maybe take Salana. |
| 1:24.2 | And then I just kind of forego Eith for the time being. |
| 1:30.3 | Hi, everyone. Welcome to Unchained. You're a no-hap resource for all things crypto. I'm your host, |
| 1:35.2 | Laura Shin, author of The Cryptopians. I started covering crypto nine years ago, and as a senior |
| 1:40.4 | editor of Forbes was the first mainstream reader project to cover cryptocurrency full-time. |
| 1:44.7 | This is the August 9th, 2024 episode of Unchained. |
| 1:48.7 | Get ready for the world's largest crypto event, Token 249 Singapore, from September 18th to 19th. |
... |
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.