Bitcoin Went From $60K to $84K. Why Does It Feel Stuck?

Nicola White, Robinhood's VP of Institutional Crypto and General Manager of Bitstamp, joins Scott Melker to talk stablecoins, the GENIUS Act rules, Bitcoin perpetual futures and tokenized stocks while Bitcoin stays stuck near $84K. They cover the OCC's rule implementing the GENIUS Act, stablecoin payments and the USDG consortium, the SEC's innovation exemption and companies pushing back on tokenized stock, and how Robinhood is bringing retail and institutional crypto together through Bitstamp. Plus Robinhood's U.S. perpetual futures rollout, token listing decisions across jurisdictions, Robinhood Chain, private markets, prediction markets and the CME's fight with the CFTC over perps. In this episode:00:00 Intro: Bitcoin keeps failing at $84K01:00 Nicola White joins02:00 The OCC's GENIUS Act rule and stablecoin payments04:00 Innovation exemption and tokenized stocks08:30 Robinhood's institutional crypto business and Bitstamp14:30 Bringing Bitcoin perpetual futures to the U.S.16:30 How Robinhood decides which tokens to list19:00 Stablecoin adoption, USDG and yield25:30 Robinhood Chain: memecoins and real-world assets29:00 Private markets, prediction markets and the CME vs. CFTC fight Robinhood on X: https://x.com/RobinhoodApp Watch this episode on YouTube: https://www.youtube.com/watch?v=Pwz7xrC4vdM If you enjoyed this episode, follow the show and leave a rating. It helps more than you know. Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.comThe Daily Wolf on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/ Learn more about your ad choices. Visit megaphone.fm/adchoices