# Ep. 717 Coinbase's Global Head of Research: Why Crypto Isn’t Following the Old Cycles

Page: https://stenobird.com/podcast/crypto-101-542497/ep-717-coinbase-s-global-head-of-research-why-crypto-isn-t-following-the-old-cycles
Text version: https://stenobird.com/podcast/crypto-101-542497/ep-717-coinbase-s-global-head-of-research-why-crypto-isn-t-following-the-old-cycles.md
Podcast: [CRYPTO 101](https://stenobird.com/podcast/crypto-101-542497)
Published: 2026-04-06T19:25:03+00:00
Episode link: http://crypto101podcast.com
Audio file: https://audio1.redcircle.com/episodes/ecef2a6b-f6d2-4f0f-9a53-9d0ae92efa29/stream.mp3
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JSON: https://stenobird.com/v1/public/podcasts/crypto-101-542497/episodes/ep-717-coinbase-s-global-head-of-research-why-crypto-isn-t-following-the-old-cycles
Duration seconds: 2809

## Resource

In this episode of the Crypto 101 Podcast, David Duong from Coinbase explains why crypto markets are currently driven more by macro headlines than fundamentals. He highlights that institutional demand is rising rapidly, but many firms are still waiting for regulatory clarity before deploying significant capital. The conversation explores key growth areas like stablecoins, tokenization, and AI-powered crypto infrastructure as the next major drivers of adoption. Despite short-term volatility, the long-term outlook remains strong as crypto becomes more integrated into the global financial system. Check out Quince: https://quince.com/CRYPTO101 Check out Shopify: https://shopify.com/crypto101 Check out Mars Men: https://mengotomars.com Get my #1 altcoin pick for this month. Get immediate access to my entire crypto portfolio for just $1.00 today! Get your FREE copy of "Crypto Revolution" and start making big profits from buying, selling, Get immediate access to my entire crypto portfolio.. just $1.00 today! Go here to get access: https://www.crypto101insider.com/cryptnation-directm6pypcy1?utm_source=Internal&utm_medium=YouTube&utm_content=Podcast&utm_term=20250916 Get your FREE copy of "Crypto Revolution: Your Guide To The Future of Money". In this book, I reveal how to make (and keep) a fortune during this crypto bull run! http://www.cryptorevolution.com/free?utm_source=Internal&utm_medium=YouTube&utm_content=Podcast&utm_term=20250916 Chapters 00:00 — Intro: Coinbase’s global head of research joins the show. 03:25 — David’s background: from TradFi macro strategist to crypto. 06:35 — Why strong fundamentals aren’t translating to price yet. 08:21 — Institutions want exposure but are still cautious on regulation. 10:16 — Inside Coinbase’s institutional…

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## Transcript

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