Bankless

ROLLUP: Downtober Drags | Tempo Poaches Dankrad | Coinbase Buys Echo | Gold Surge! | Fed Access

53 snips
Oct 24, 2025
Downtober continues to weigh on sentiment, yet Bitcoin shows strength. The hosts explore three potential market scenarios and question whether crypto can catch up with gold's recent surge. Dankrad's transition to Tempo sparks discussions about competition and collaboration in the space. Coinbase's strategic moves, including buying Echo and exploring new NFT integrations, signal an evolving market landscape. Additionally, the rise of AI in trading raises exciting prospects for the future of finance.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Gold's Institutional Run And Remaining Upside

  • Gold has been the top institutional momentum trade in 2024 as central banks (China, Russia, India) accumulate reserves.
  • Gold's share of investable assets can still rise, leaving room for further gold strength and possible flows into Bitcoin.
ANECDOTE

CZ Pardon Sparks Policy And Ethics Debate

  • Ryan and David discuss Trump's pardon of Binance founder CZ and its implications for U.S. crypto policy and selective prosecution.
  • They debate whether pardons enable re-entry into crypto leadership and express concern about pardons for political donations.
INSIGHT

Talent Flows To Corporate Layer-1s

  • Dankrad Feist's move from the Ethereum Foundation to Stripe-backed Tempo signals talent migration to corporate-funded L1s.
  • Tempo will likely expand EVM usage and grow the overall crypto pie while competing economically with Ethereum.
Get the Snipd Podcast app to discover more snips from this episode
Get the app