The Bear Market Is Over, Kraken Revives Its IPO

Cap pushes back on the idea that crypto is still in a bear market, pointing to S&P highs, Kraken reviving its IPO plans, steady ETF inflows and Hyperliquid’s strength as signs that risk appetite is returning. He contrasts that optimism with lingering anxiety around jobs, housing and broader uncertainty, arguing that weak consumer sentiment does not automatically mean weak markets. The conversation then shifts into a case for why onchain rails still feel ahead of TradFi after a clunky Morgan Stanley and E-Trade settlement experience. In the back half, Cap widens the discussion into savings habits, risk buckets and the difference between investing long term and gambling with money you cannot afford to lose. The result is a market-first episode about conviction, caution and how to position without confusing financial stress with market direction.Subscribe:Coffee with Captain Newsletter: https://coffeewithcaptain.beehiiv.com/YouTube: https://www.youtube.com/@coffeewithcaptainshowFollow on X:Chris Jourdan: https://x.com/ChrisJourdanCoffee with Captain: https://x.com/coffeewithcap_This podcast is for entertainment purposes only. None of the information shared on this podcast is meant to be taken as financial advice. Chris and guest speakers may hold tokens discussedCheck Out:Doma: Tokenizing DomainsUnvault: Revolutionizing NFTsThe Everything Token: A Book on Web3 and NFTsSave money on your taxes easily with Awaken Tax: new users use code coffee50 or returners use returncoffee50For 10% off the Dominion 2026 conference, register with this link: Dominion 2026 coupon