
Hosted by Scott Melker · EN

Hyperliquid is back in the spotlight after listing China's biggest AI chip IPO ahead of its public debut, showcasing how crypto markets are increasingly driving price discovery before Wall Street. We also cover the launch of EthSystems, a new institutional privacy initiative from Ethereum Foundation researchers, and why Japan, South Korea, and the UK are accelerating crypto-friendly regulation to attract digital asset innovation. Plus, we break down why soft inflation data and strong bank earnings pushed the odds of the Fed holding rates steady above 90%, the regulatory risks facing AI infrastructure after New York paused new data center permits Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin is holding steady as investors await today's U.S. core inflation report and Fed Chair Kevin Warsh's congressional testimony, two events that could determine the market's next move. We also cover why Bitcoin ETFs just saw another $425 million in outflows despite continued whale accumulation, and how Trump's proposed 20% fee on ships passing through the Strait of Hormuz is bringing oil prices and inflation risks back into focus. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin remains stuck in its multi-month range as investors wait for this week's key U.S. inflation data and Fed Chair Kevin Warsh's testimony, which could determine the next move for both crypto and traditional markets. We also cover South Korea's sharp market selloff and why its housing market could become a bigger macro risk, rising oil prices as tensions in the Strait of Hormuz disrupt shipping, and why record-low cash on the sidelines may leave markets more vulnerable if selling accelerates. Finally, we discuss the recent pullback in stablecoin supply and why analysts believe it reflects slowing trading activity rather than the end of the crypto bull market. Learn more about your ad choices. Visit megaphone.fm/adchoices

Nexo says crypto-backed lending is making a comeback as regulation improves and institutions return to the market. We talked about why more people are borrowing against their Bitcoin instead of selling it, how institutions are coming back as regulation improves, and why the U.S. could become one of the biggest growth markets for crypto lending over the next few years. Learn more about your ad choices. Visit megaphone.fm/adchoices

Duke finance professor Campbell Harvey explains why the recession everyone expected never arrived, argues that AI-driven productivity is just getting started, and makes the case that crypto's biggest opportunity isn't speculation but tokenized real-world assets and stablecoins. He also challenges the idea that Bitcoin is "digital gold," explains why he believes Bitcoin remains highly volatile, and outlines a controversial thesis that derivatives markets could make a theoretical 51% attack on Bitcoin economically profitable. The conversation wraps up with why AI agents may become crypto's biggest long-term use case and how tokenization could reshape the global financial system. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin is showing resilience as it pushes above $64,000, with its 307-day consolidation becoming one of the longest in history and setting the stage for a potential breakout. We also cover why Circle's new OCC approval is a major win for stablecoins, Robinhood's growing dominance in onchain trading, and how the next draft of the CLARITY Act could reshape crypto regulation in the U.S. Plus, we discuss Coinbase's legal leadership transition, and the push by Hyperliquid and Phantom for DeFi-specific regulation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin continues to hold firm despite geopolitical uncertainty, even as spot Bitcoin ETFs saw another day of outflows while Ethereum extended its streak of institutional inflows. We also break down why Glassnode believes Bitcoin's bottoming process isn't complete yet, and why the explosive growth of tokenized stocks could become one of crypto's biggest narratives over the coming years. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Scott and the panel discuss the quick downturn in the crypto markets on the news that Iran ceasfire is over. At the same time, the stablecoin competition between USDT and USDC is heating up, with USDC quietly handling a majority of on-chain transactions, a point highlighted by a recent Visa report. As we consider the implications of institutional adoption and the need for clearer regulations, there's a consensus that the upcoming month is crucial for the Clarity Act, which could influence market dynamics significantly. The introduction of innovative privacy solutions, such as those being developed by Zama, promises to enhance confidentiality in on-chain finance, addressing the growing demand for secure transactions. With expectations that on-chain finance may soon encompass trillions, the future of crypto appears poised for a resurgence, especially if institutions can navigate the balance between privacy and compliance effectively. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin fell below $62K after renewed U.S.-Iran tensions triggered a broader risk-off move across markets. We break down the macro forces driving Bitcoin, why Japanese companies are adding BTC to their treasuries as the yen weakens, and what it means for the market. We also discuss Robinhood chain hot start, Strike's no-liquidation Bitcoin-backed loans, Morgan Stanley's AI outlook, and why Bitwise CIO Matt Hougan believes this correction is a healthy deleveraging process, forming the bottom for higher prices in the fall. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin is back above $63K despite Michael Saylor selling 3,588 BTC ($216M), weak equity markets, and record ETF outflows. We discuss whether Bitcoin is showing genuine relative strength, if Strategy's selling has finally been priced in, and why the recovery in STRC could restart Strategy's Bitcoin buying engine just as the macro backdrop begins to improve. We also cover the $7 trillion AI debt building behind the AI boom, why Chinese AI models are putting pressure on OpenAI and Anthropic, the sharp selloff in South Korean semiconductor stocks despite record Samsung earnings, and President Trump's latest comments suggesting Bitcoin could eventually be added to Trump Accounts. Learn more about your ad choices. Visit megaphone.fm/adchoices