This week, we had @osf_rekt (founder of @RektBrands ) on the Coinbase Markets Podcast to discuss brand coins. Listen to the full interview here: open.spotify.com/episode/5pj8Tl…
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David Duong🛡️
937 posts
David Duong🛡️
@DavidDuong
Former Coinbase Global Head of Investment Research (@CoinbaseInsto)
No shilling. No bombastic statements. Views are my own.
- Following the unraveling of Three Arrows Capital and the associated impacts on the crypto lending market, I take some inventory of the last 2 weeks in crypto as market players continue to assess the extent of the contagion
- Jackson Hole and PPI are just excuses for market players to trim risk ahead of the US Treasury's TGA liquidity drain (~$400B) in the weeks ahead. This explains why bitcoin has lost trend alongside many equity names. But we think the path forward looks clearer in September.
- I'm off this week, so no podcast or newsletter but sharing a clip of @CoinbaseInsto Research's recent interview with @osf_rekt explaining more about the partnership between @RektBrands and @base - see the rest on Spotify or Apple Podcasts
00:00 - The next 3 days in macro are going to be bonkers. We've got month-end institutional portfolio rebalancing, an FOMC meeting with a split board, the reciprocal tariffs deadline, more Q2 earnings, Report from White House's Working Group on Digital Assets, and nonfarm payrolls 🧵👇
- Coinbase + @glassnode teamed up to create the Guide to Crypto Markets – a look at the most important onchain analytics and advanced trading metrics in crypto. Check it out 👉
- ETH and SOL performance is being driven more by technicals than fundamentals at the moment, which explains the move over the last week. Still, Ethereum's share of onchain activity has been in decline since late 2Q24, while Solana currently owns 44% of all activity. Read more🧵👇
- Where are the DATs? BTC digital asset treasury companies (DATs) have largely ghosted the post-Oct 10 drawdown and are yet to re-engage. Over the last two weeks, BTC buying by DATs fell to near year-to-date lows and has not meaningfully recovered, even on green days. A short 🧵👇
- Chatting with @scottmelker about @coinbase's crypto-as-as-service ... from 401(k)s to banks and brokerages, CaaS delivers the turnkey operational experience institutions need to offer crypto to their clients.
00:00 - The deadline for 13-F filings (2Q25) was yesterday (Aug 14) for all firms managing more than $100M. Interestingly, the latest data shows that the share of spot BTC ETF's institutional holders declined last quarter despite the number of entities increasing. The answer: retail 🧵👇
- No bullshit. On Wednesday, I was on @MilkRoadDaily and said #1 political pressure is not a factor for the Fed, #2 the Fed will definitely cut rates in September and #3 labor data matters more than inflation. In other words, everything that Powell said at Jackson Hole today.
00:00 - Exciting times for the cryptoverse -- thanks to @scottmelker for having me on the Wolf of All Streets podcast to discuss the latest in markets (and forcing me to keep my Twitter updated)! youtube.com/watch?v=Y7qgTD…
- Great panel on crypto metrics with @jonbma @eric_turner @Anais_Rchl at the Cornell Tech Blockchain Conference!
