Markets Outlook

Zcash and privacy demand with Cypherpunk's Will McEvoy. In his first-ever interview, Cypherpunk CIO Will McEvoy sits down with CoinDesk's Jennifer Sanasie to make the case that privacy is wildly undervalued and explains what it will take for the market to finally catch up. Plus, he shares his Zcash price prediction and outlines why an AI-driven reckoning may force people to confront how much privacy they've already surrendered. - Timecodes: 01:19 - What Will Says the Market Is Getting Wrong About Privacy02:48 - What Are We Giving Up For Convenience?06:22 - Is Zcash Is the Tradable Monetary Unit of Privacy?09:12 - Will's Zcash Price Prediction10:44 - Zcash vs. Bitcoin vs. Gold on Privacy15:06 - Do Privacy Coins Face Regulatory Risk?16:59 - Cypherpunk's Investment in ZODL19:42 - Cypherpunk's DAT Strategy22:09 - The One Development That Could Catapult the Privacy Narrative - This episode was hosted by Jennifer Sanasie.

The bull case for HYPE with Arthur Hayes. Maelstrom CIO and BitMEX Co-Founder Arthur Hayes joins Markets Outlook to break down his renewed bull case for Hyperliquid's HYPE token — and why this week's record-breaking open interest on HIP-3 is making that case for him. Plus, he makes the case for Zcash as the privacy narrative heats up, and drops his latest bitcoin prediction. - Check out CoinDesk’s research report on Pudgy Penguins at: https://www.coindesk.com/research/pudgy-penguins-challenging-the-pokemon-and-disney-legacy-in-the-global-ip-race. - Timecodes: 01:17 - Why Hayes Flipped Bullish on Hype Again03:41 - What Makes Hyperliquid Beat the Competition05:58 - Trading Oil on the Weekend: The HIP-3 Moment07:17 - What Would Make Hayes Exit His HYPE Position?08:29 - GMX vs Hyperliquid10:12 - What Else is Hayes Bullish On?11:45 - Latest Bitcoin Price Target - This episode was hosted by Jennifer Sanasie.

Kevin Lehtiniitty, CEO of Borderless.xyz, a payments leader building multi-provider stablecoin rails. He discusses institutional-ready stablecoin rails, the Borderless–Dfns integration for fiat off-ramps, why wallets must pair with reliable on/off ramps, the move from single-vendor proofs of concept to modular Stablecoin 2.0, and the need for redundancy and multi-provider networks.

Michael Reinking, Senior Market Strategist and Head of the MAC Desk at the NYSE, offers market analysis on equities, oil, and crypto. He discusses oil’s surge amid Middle East tensions and why Asia feels it more than the U.S. He outlines how rising volatility drives de-risking across asset classes. He also examines crypto and mega-cap tech resilience and key events to watch this week.

Ric Edelman, veteran financial advisor and founder of the Digital Assets Council of Financial Professionals, argues for compromise with the banking lobby to pass clarity legislation. He discusses why stablecoin yield is not worth a political fight. He outlines how legal certainty could spark a rapid market rally and dismisses near-term quantum threats to Bitcoin.

Jonathan Jachym, Kraken’s Global Head of Policy, explains the years-long push to secure direct Federal Reserve payment access. He discusses bypassing banks to speed settlement and strengthen custody. He outlines why Kraken succeeded where others did and the regulatory steps ahead, plus the implications of recent CLARITY Act debates.

Mark Palmer, Managing Director and Senior Equity Research Analyst in FinTech and Digital Assets at Benchmark-StoneX, walks through Q4 crypto equity trends and structural market shifts. He discusses how the Clarity Act might unlock institutional capital. He highlights protocol-driven upside, especially Coinbase’s Base as a hidden shareholder catalyst.

Mark Troianovski, Head of Consumer and Platform BD at Coinbase, who’s driving product expansion like equities rollout. He outlines Coinbase’s move to 24/5 stock and ETF trading. He discusses linking crypto liquidity to traditional markets. He describes the Yahoo Finance integration and the idea of an “everything” financial app. AI agents and wallet-based payments also come up.

Mark Greenberg, Kraken VP of xStocks and Global Head of Consumer, leads tokenized equities and announced $20B in volume. He discusses 24/7 fractional trading, embedding stock buys into everyday apps like Telegram, and plans to add Hong Kong listings. Conversations cover liquidity, cross-border regulation, and why retail in Asia prefers tokenized U.S. equities.

Shady El Damaty, Co-founder and CEO of Holonym, builds zero-knowledge identity and wallet infrastructure. He discusses crypto’s upcoming builder season and how retail adoption may shift toward service-based use. He explains agentic workflows and why AI agents should never hold full private keys. He outlines key sharding and two-share signature designs for safer on-chain actions.