Welcome to another episode of Coppercasts!
For the 14th edition, we're joined by Philip Gradwell, Chief Economist at Chainalysis.
Launched in 2014, Chainalysis is a blockchain analysis company that examines on-chain data to understand crypto markets.
CopperCasts are split into two parts. The first is a short (2min) video in which our guest shares with us something they find unusual or inspiring about the digital asset space. The second half is a traditional audio-only podcast, which you can stream at the bottom of this page, or search for it in all the usual places.
In the above Show & tell segment, Philip looks at institutional inflows into the space, describing that since November, large whales have bought 1.7m Bitcoin in total at an average cost of $35k per Bitcoin.
He concludes that the willingness to buy the digital asset at this price level likely puts a new floor on the Bitcoin price of at least $35k.
In the longer audio-only conversation with CopperCasts host Tyler Kenyon, you’ll get a glimpse of how difficult it is to link a wallet address to real identities, how privacy coins such as Monero work, Chainalysis’ plans in DeFi and the true scale of illicit activity occurring on the network.
Don’t forget to download the full episode, and subscribe on Spotify and Apple Podcasts.
You can hear more from the Copper team by following @CopperHQ, or visit our site and subscribe to our weekly newsletter, copper.co/insights.
Insights