Ep. 11: What institutions are eyeing in crypto feat. Lennix Lai | Send It | OKX Insights

The Insights’ gang discusses the implications of the U.S. seizure of Bitfinex hacked BTC, and OKX Director Lennix Lai shares his market outlook and experience with institutions.

00:02:05 — Ukraine utilizes BTC’s censorship resistance to crowdfund
00:05:43 — The 2016 Bitfinex hack coins have been seized!
00:07:20 — U.S. charges an unlikely pair for laundering Bitfinex BTC
00:08:52 — Bitcoin’s transparent ledger still makes it terrible for crime!
00:12:08 — Will the U.S. auction or hodl their seized BTC?
00:17:02 — Never store your private key on the cloud!
00:19:13 — Brain wallets are their risks
00:20:54 — Are seed phrases poetic?
00:26:27 — Hardware hacks and social recovery
00:32:41 — Will Bitfinex coins tank BTC price?
00:37:12 — A possibility for government price manipulation?
00:39:00 — LOOKS bad for LooksRare’s native token
————————————————————————————————————————–
00:44:16 — Market analysis with OKX’s Lennix Lai
00:47:22 — Recap of last week’s analysis
00:52:55 — Lennix explains crypto funding rates
00:58:12 — How to read open interest data
01:00:31 — Long/short ratio analysis
01:03:17 — What do institutions think about crypto right now?
01:06:02 — Will BTC see a new all-time high this year?
01:08:22 — What do Lennix’s clients buy?
01:13:10 — When will JP Morgan buy our JPEGs?
01:17:44 — Lennix’s market outlook
01:19:36 — Why are perpetual swaps so popular?
01:22:25 — Closing thoughts

Follow OKX Insights on Twitter: @OKXInsights

Further reading around topics discussed:
Ukraine crowdfunds BTC:
https://www.cnbc.com/2022/02/08/bitcoin-pouring-into-ukraine-as-russia-masses-troops-on-the-border.html

US seizes BTC stolen in 2016 Bitfinex hack:
https://www.theblockcrypto.com/linked/133499/us-government-seizes-3-6-billion-in-bitcoin-tied-to-2016-hack-of-crypto-exchange-bitfinex

LooksRare analysis in OKX’s Crypto Market Daily:
https://www.okx.com/academy/en/btc-back-above-44000-as-looks-falls-ahead-of-staking-reward-reduction-crypto-market-daily/

Connect with the hosts on Twitter:
@XBT002
@HunainNaseer
@0xMugen
@lilycap_
@0xBathang

—
"Send It" is a podcast created and hosted by members of the OKX Insights team: Maxwell Koopsen, Hunain Naseer, Adam James, Rick Delaney and Olivia Capozzalo.

Episodes on Fridays.

OKX Insights is the research and analysis team at OKX, a top global cryptocurrency exchange and DeFi ecosystem.
—
Original theme music created by Andrei Klimov of the band Moqumentary

Please note, this podcast is not intended to be investment, trading or financial advice. Also, the views and opinions expressed on this podcast are those of the individuals and do not reflect the official views of OKX.