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” 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 History01:27 Why This Cycle Doesn’t Feel Like a Bear03:02 When Banks Said Blockchain Not Bitcoin05:14 Stablecoins Prove Permissionless Works06:56 Why Kraken Acquired a European Bank09:46 Diversifying Revenue Ahead of an IPO12:36 xStocks Lead Tokenized Equities16:54 Bitcoin as Digital Gold for Institutions19:00 Stablecoins Open the Door for Bitcoin Payments20:09 AI Agents and Crypto Payments23:41 How AI Is Changing How Kraken Operates26:47 Prop Trading, Pay Services, and What’s Ahead DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions. 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.