Markets Outlook

Anthony Scaramucci and Joy Pathak discuss how decentralized exchanges and 24/7 liquidity are revolutionizing market transparency and risk management, positioning crypto as a more resilient alternative to traditional finance.

Skybridge Capital founder Anthony Scaramucci, and The Wizard of Soho, Joy Pathak joined CoinDesk Live from Consensus Hong Kong. Pathak, a former bond trader who once managed a $40 billion portfolio at CalPERS, explains why leverage didn't die after the recent market crash—it simply moved into a new, more transparent era. He breaks down how the rise of decentralized exchanges like Hyperliquid and Aevo has handed institutional-grade tools to retail traders, creating an environment where every multi-billion dollar position is visible to the entire world in real-time.

Scaramucci argues that while some Wall Street "fuddy-duddies" fear volatility, crypto’s 24/7 liquidity actually makes it a safer market than traditional finance. By comparing the ability to hedge an exogenous risk on a Sunday night to the "trapped" nature of closed bond markets, Scaramucci and Pathak illustrate why the "horseless carriage" of blockchain is destined to outrun legacy systems.

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This episode was hosted live by Jennifer Sanasie and Will Foxley at Consensus Hong Kong 2026, presented by Hex Trust.

 As the crypto markets teeter on the edge, 10x Research founder, Markus Thielen, joined Consensus Live at Consensus Hong Kong to deliver a sobering reality check on bitcoin’s trajectory. Thielen explains why the recent volatility isn't just a temporary dip but the potential start of a deeper trend driven by institutional redemptions and a massive liquidity gap. He breaks down the technical "liquidity trap" that caught traders off guard following the 2024 election and explains how negative option gamma forced market makers into a selling frenzy.

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This episode was hosted live by Sam Ewen and Will Foxley at Consensus Hong Kong 2026, presented by Hex Trust.

SkyBridge Capital Founder Anthony Scaramucci joins Jennifer Sanasie and Will Foxley to diagnose the current bear market and the "Trump coin" liquidity drain. Scaramucci reveals why 60-year-old money managers are currently choosing gold over Bitcoin, compares the banking lobby to the dying taxi industry, and explains why he’s doubling down on his $150,000 year-end price target despite the current fear index hitting a record low.

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This episode was hosted live by Jennifer Sanasie and Will Foxley at Consensus Hong Kong 2026, presented by Hex Trust.

Moving Wall Street on-chain with Ondo Finance President Ian De Bode.

Ondo Finance President Ian De Bode joins Jennifer Sanasie and Andy Baehr on CoinDesk Live at the Ondo Summit to discuss the firm's ascent to more than $2 billion in TVL and its roadmap for 2026.

De Bode explains how Ondo is moving beyond simple asset issuance to build a comprehensive on-chain prime brokerage. A key pillar of this strategy is the launch of Ondo Perps, a platform that allows users to trade perpetual futures on equities and commodities using their tokenized spot assets as collateral.

By bridging the gap between TradFi and DeFi, Ondo is turning crypto wallets into a place where global investors can access, hedge, and leverage 200+ tokenized stocks and ETFs 24/7.

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Timecodes:

01:07 - Ondo Finance 2025 Milestones and Looking Ahead
02:28 - The "Land Grab" in Tokenization
04:10 - Solving the Retail Demand for 24/7 Stocks
06:15 - Why Ondo Perps Is the Big Play for 2026
07:58 - Will Investors Still Use Centralized Exchanges and Perps?

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This episode was hosted by Jennifer Sanasie and Andy Baehr.

Unpacking ETF investor reaction in the market downturn with Bloomberg Intelligence's Eric Balchunas.

Bloomberg Intelligence Senior ETF Analyst, Eric Balchunas joins CoinDesk's Jennifer Sanasie to discuss why ETF investors are staying remarkable steady while the rest of the market panics. He breaks down the "irony" of ETF boomers showing stronger diamond hands than crypto natives by treating bitcoin as a "hot sauce" allocation within diversified portfolios. Watch to learn how bitcoin’s volatility compares to the 22-year history of Gold ETFs and why this drawdown might just be another cycle for the asset class.

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Timecodes:

00:56 - The Volatility Cost of "Holy Grail" Returns
02:33 - The Resilience of "ETF Boomers"
04:09 - What's the Future Hold for ETF Holders?
06:22 - Bitcoin = "Teenager Gold"
09:06 - The "Hot Sauce" Portfolio Allocation
13:00 - Performance of Altcoin ETFs (XRP & SOL)
14:59 - The Future of Ethereum & Layer 2s

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This episode was hosted by Jennifer Sanasie.

Live from the Ondo Summit in NYC, Pantera Capital Founder, Dan Morehead joins Jennifer Sanasie and Sam Ewen for a special Markets Outlook to explain why he’s more bullish now than when he launched the first US crypto fund in 2013. Morehead revisits his "freaky" prediction that saw Bitcoin peak on the exact day he forecast years prior and outlines the path to a $750,000 price target. He breaks down the recent IPO wave and why the next 18 months will be defined by a massive consolidation of Digital Asset Treasuries.

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Timecodes:

1:15 - Morehead’s Rule for Holding Through a "Sea of Red"
3:36 - What to Do When Your Portfolio is Underwater
4:23 - The Path to $750K Bitcoin
5:15 - How the Crypto IPO Wave Returns Billions to the Ecosystem
6:08 - Pantera’s 86% Success Rate Over 12 Years of Investing
7:27 - The Great DAT Consolidation
10:01 - Why This Is Just the Beginning for Institutional Adoption

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This episode was hosted by Jennifer Sanasie and Sam Ewen.

Live from the Ondo Summit in NYC, Stocktwits CEO Howard Lindzon joins Jennifer Sanasie for a special Markets Outlook to break down the rise of the Degenerate Economy, where 24/7 speculation has replaced traditional entertainment. As AI and LLMs commoditize Wall Street research, Lindzon highlights how social sentiment has become the last remaining edge for the modern trader. This shift is central to his Social Relative Strength framework for spotting overlooked assets, a strategy he uses to explain why the retail crowd is currently front-running a debasement trade in gold and silver, even ahead of bitcoin.

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Timecodes:

0:54 - Defining the Degenerate Economy in 2026

2:45 - The Evolution of StockTwits and Social Trading

3:30 - The Impact of AI on Research and Trading

6:38 - The shift from Globalization to Deglobalization

9:13 - AI Agents and the Future of Retail Trading

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This episode was hosted by Jennifer Sanasie and Andy Baehr.

Bitwise CIO Matt Hougan breaks down the 2025 bear market, central banks’ preference for bitcoin over gold, and Solana’s potential to challenge Ethereum's dominance.

Bitwise Chief Investment Officer, Matt Hougan joins CoinDesk’s Markets Outlook with Jennifer Sanasie and Andy Baehr. He explains why he believes 2025 was a bear market and where he sees markets going from here. Hougan breaks down why central banks are eyeing bitcoin as a superior self-custody tool to gold, Bitwise’s on-chain yield vaults, and why he's betting on Solana as the challenger to Ethereum's dominance. With President Trump tapping Kevin Warsh for Fed Chair, Hougan weighs in on what this means for crypto. Notably, Warsh is listed as an investor and advisor on Bitwise’s website.
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Timecodes:
0:53 - Why Are Markets Down Today?
3:13 - Precious Metals vs. Bitcoin
7:05 - Why the Crypto ETF Genie is Already Out of the Bottle
9:15 - Bitwise’s On-Chain Yield and DeFi Vaults
13:22 -What Central Banks Are Asking Bitwise About Bitcoin
17:44 - How Matt Hougan Thinks BTC Gets to $6.5 Million in 20 Years
19:15 - Beyond BTC and ETH: Matt Hougan’s Case for Altcoins
21:00 - Solana vs. Ethereum: The Battle for Wall Street
24:20 - What Impact Would Trump’s Fed Reserve Chair Nominee, Kevin Warsh, Have on Crypto?

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This episode was hosted by Jennifer Sanasie.

SharpLink CEO, Joseph Chalom joins CoinDesk to explain why Ethereum is poised for 10x TVL growth in 2026, driven by RWA tokenization, sovereign wealth migration, and SharpLink’s role as the world’s second-largest public ETH holder.

SharpLink CEO and former BlackRock head of digital assets strategy, Joseph Chalom, joins CoinDesk's Jennifer Sanasie on Markets Outlook. He  explains why he believes Ethereum’s Total Value Locked (TVL) is poised for 10X growth in 2026. Chalom breaks down how stablecoins, RWA tokenization, and sovereign wealth funds are migrating to decentralized rails, effectively turning Ethereum into the "toll road" of global finance. They also dive into the rise of AI agents in DeFi and how SharpLink is pioneering a new institutional treasury model as the world’s second-largest public ETH holder.

-Timecodes
0:55 - Bitcoin and Ethereum Price Analysis
2:41 - Gold, Silver, and Meme Commodities
5:30 - Ethereum vs. Solana: The Battle for Wall Street
7:24 - The Future of Tokenized Fund Complexes
9:05 - Why the Lack of Crypto Legislation Won't Stop Institutional Builders
10:29 - Quantum Computing and AI in Crypto
17:11 - Sharp Link’s 2026 Strategy
19:57 - How SharpLink Plans to Outlast Traditional Crypto Funds
22:13 - Chalom's View for ETH in 2026

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This episode was hosted by Jennifer Sanasie.

Kevin O’Leary reveals why he slashed 27 crypto positions to pivot into a massive $70B energy infrastructure play, focusing strictly on the dominance of Bitcoin, Ethereum, and the power required to fuel them.

Shark Tank investor Kevin O’Leary joins Jennifer Sanasie and Andy Baehr on Markets Outlook to break down why he recently slashed 27 crypto positions from his portfolio to focus strictly on the "Two Girl Dance" of bitcoin and ethereum, and the massive energy infrastructure that powers them.

Kevin unpacks his 19% crypto allocation strategy, the $70 billion scale of data center development, and why he's moving into private debt markets for turbines. Plus, hear his take on why Solana and other altcoins face a "Sisyphean task" to catch ETH, and his bold prediction for the Clarity Act passage by May 15th.

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0:45 - Kevin O'Leary's Acting Debut

2:24 - Bitcoin Outlook

4:02 - Why Kevin Only Holds BTC and ETH

10:40 - It's Just Software" O’Leary’s Warning on Solana’s Narrative

15:30 - Why Kevin Says Power is More Valuable Than Bitcoin

19:30 - Why Land & Permits are the Ultimate Competitive Advantage

25:09 - Will Clarity Act Pass Before Midterms?

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This episode was hosted by Jennifer Sanasie.