Kraken’s Dave Ripley: “That Was the Bear Market” and Bitcoin Is “On Our Way Out of It”
▶Bitcoin Magazine Kraken’s Dave Ripley: “That Was the Bear Market” and Bitcoin Is “On Our Way Out of It” Kraken’s Dave Ripley explains why Bitcoin’s rebound past $80K hints the bear market is over, marking the softest macro pullback in the asset’s history. This post Kraken’s Dave Ripley: “That Was the Bear Market” and Bitcoin Is “On Our Way Out of It” first appeared on Bitcoin Magazine and is written by Mark Mason.
Is the Bitcoin bear market already over? Kraken co-CEO Dave Ripley says the move back above $80K makes him think “that was the bear market,” and that it may be the softest bear market in Bitcoin’s history. He explains how retail and institutional customers are approaching Bitcoin right now on the Bitcoin Magazine Podcast with Spencer Nichols.
🔶 Host: Spencer Nichols — Bitcoin Magazine
🔶 Dave Ripley — Kracken Co-CEO
Chapters:
00:00 Softest Bear Market in Bitcoin History
01:27 Why This Cycle Doesn’t Feel Like a Bear
03:02 When Banks Said Blockchain Not Bitcoin
05:14 Stablecoins Prove Permissionless Works
06:56 Why Kraken Acquired a European Bank
09:46 Diversifying Revenue Ahead of an IPO
12:36 xStocks Lead Tokenized Equities
16:54 Bitcoin as Digital Gold for Institutions
19:00 Stablecoins Open the Door for Bitcoin Payments
20:09 AI Agents and Crypto Payments
23:41 How AI Is Changing How Kraken Operates
26:47 Prop Trading, Pay Services, and What’s Ahead
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