Why the Crypto Markets Seem So Broken and How They Get Fixed After 10/10

Rob Hadick and Gracy Chen dig into Bitget's universal exchange shift as more crypto exchanges look to become an “everything app.” Plus, Gracy lets slip details of U.S. plans and how it ties to its transfer of BGB ownership. Bits + Bips is spreading its wings Starting soon, new episodes will only be published on our brand‑new feeds. What you need to do: Click the links below. ⁠YouTube⁠ ⁠Apple⁠ ⁠Spotify⁠ ⁠X⁠ Smash Follow or Subscribe. 🎉 Done. Bitget since September has said it is much more than a centralized cryptocurrency exchange. Dragonfly General Partner Rob Hadick and Bitget CEO Gracy Chen peel back Bitget's universal exchange branding to reveal the trends driving the company's expansion and really that of other exchanges both in TradFi and crypto. The main takeaway? “Users want a place to trade everything.” Gracy also teases Bitget's U.S. market entry plans and lets slip the real reason the company transferred ownership of BGB. Plus, why Gracy is not so optimistic about AI agents materially impacting the crypto market and what Rob says needs to happen for altcoins to accrue value again. He says it is no longer a market where everything goes up and down together. Guests: Rob Hadick, General Partner at Dragonfly Gracy Chen, CEO at Bitget, previous appearances on Unchained: Why All Financial Institutions Are 'All Systems Go' on Stablecoins Stablecoins Are Popping Up Everywhere. What's the End Game? When a Crypto Treasury Company Is and Isn't Worth a Premium Why Crypto Has 'a Good Setup' for the Long Term Right Now: Bits + Bips Links: Unchained: Inside Robinhood’s Big Super App Plan: ‘There’s Still a Lot of Work to Be Done’ Coinbase Launches Stock Trading and Prediction Markets Crypto’s Black Friday Was Its Largest Liquidation Ever. What the Hell Happened? Uneasy Money: Why Peter Steinberger and Non-Crypto People Hate the Crypto Mob Learn more about your ad choices. Visit megaphone.fm/adchoices