Share this article

The Top Narratives Driving Crypto Market Growth, Feat. Travis Kling

The halving? Coronavirus and volatility? Fed action? Listeners vote on what's driving crypto growth.

Updated Sep 13, 2021, 12:18 p.m. Published Feb 14, 2020, 8:00 p.m.
Breakdown2.14

The halving? Coronavirus and volatility? Fed action? Listeners vote on what's driving crypto growth.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

For early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

There’s no denying 2020 is off to a roaring start. From prices to volume to social media, sentiment is up, up, up. But what’s driving it? On this special Valentine’s Day episode, @nlw reacts to listeners' votes about which narratives are driving the shift in energy, discussing:

  • The BTC halving
  • Coronavirus and volatility
  • Fed action
  • Central bank digital currency intrigue
  • Ethereum and DeFi
  • Price reflexivity and Lindy effects

The episode finishes with some hot takes on what is driving the markets and what we should be most concerned about and most excited for, with Ikigai Asset Management’s chief investment officer, Travis Kling.

Find past episodes of The Breakdown on CoinDesk. For early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.

What to know:

  • The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.
  • A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.
  • Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.