The Wolf Of All Streets Podcast — Bitcoin Reclaims $111K! Will This Momentum Hold?
Host: Scott Melker
Guests: Andrew and Tillman (Arch Public)
Date: September 2, 2025
Episode Overview
In this lively and wide-ranging episode, Scott Melker welcomes frequent collaborators Andrew and Tillman for a deep dive into the current state of the crypto markets, focusing on Bitcoin’s volatile move over $111K, shifting institutional sentiment, trading strategies, Ethereum’s surge in ETF inflows, the launch of World Liberty Financial’s governance token, and the evolving landscape of digital assets. The conversation blends technical breakdowns, market psychology, stories of institutional adoption, and a candid take on speculation—from Bitcoin and ETH to NFTs and meme coins.
1. Bitcoin’s Choppy Price Action and Market Sentiment
- Discussion kicks off with Bitcoin’s recent move above $110K, rapid reversals, and how these fluctuations spark constant headline changes in crypto media.
- Scott: “Bitcoin had a nice bounce off the 107,108k region, temporarily trading back over 110. By the time we did the show we were back under 109... we are in the doldrums and the chop.” (00:00)
- Historical context: Dips and volatility are nothing new in crypto markets.
- Scott: “In the greatest year for crypto, 2021, that summer, we went from 65 to under 30 in like 16 days. [...] We've seen nothing like that on this move.” (05:31)
- Volatility as opportunity:
- Tillman: “Volatility is the feature… There’s buying opportunities. If you have proper allocation [...] these dips may be the last time you get it anywhere close to here. You don’t know where the market’s going. That is the age old fallacy that gets everyone in trouble.” (03:57)
- Andrew: “If you’re 100% committed to bitcoin right now and you have no cash on the side, I can see why dips would be troublesome to you.” (03:57-04:45)
- Technical Indicators: The 50-day moving average and algorithms for buying near $100K are mentioned.
- Changing Scale: Swings at these higher price levels are, in percentage terms, less severe than in previous cycles.
2. Financialization, Options, and Modern Market Tools
- Options, swaps, and ETFs are now integral tools for traders and institutions in crypto, creating new opportunities and greater complexity:
- Andrew: “Now we have, you know, the type of AI tools at our disposal where we don't have to know much about options. You just plug something in, say, hey, give me an option strategy for if I think bitcoin's going to 130 to 135k...” (06:01)
- Market sophistication: Institutions are leveraging strategies to generate yields far above holding spot BTC, and even treasuries and family offices are in the mix.
- Warning on complexity:
- Tillman: “For the most part they're not for the normal person, they're pretty complicated. And if you don't know what you're doing, there are things that can surprise you.” (08:45)
- Volatility’s upside in options:
- Tillman: “Volatility is where really the magic happens if you're playing with leverage… there's a lot of money to be made. And when there's a lot of money to be made, people come to the table and start playing the games.” (10:00)
3. Wall Street’s Embrace of Ethereum
- ETH ETF inflows are outpacing Bitcoin’s over the last 45 days.
- Andrew: “Wall Street has decided that Ethereum is... the innovation chain… This is what they're going to bet on.” (12:47)
- Shift in narrative: Advisers present ETH as a “tech play,” appealing to clients’ affinity for high-growth tech stocks, while BTC is positioned as “digital gold.”
- Scott, referencing Matt Hogan: “You can say to a Wall street guy, this is the tech play, you know, the Mag 7. This is the Mag 7 play. And buying bitcoin, you're buying gold. If you're buying this, you're buying the Mag 7.” (14:35)
- Influence of Tom Lee:
- Andrew: “Tom Lee is kind of that guy… shows up on shows almost every day. And he makes sense. He's smart. He has a great firm that is institutional in nature.” (15:57)
- Scott: “…He’s already trusted. That was the difference.” (16:59)
- World Liberty Financial: Noted as a real-world DEX example leveraging Ethereum, with political capital backing and massive liquidity.
- Tillman: “…it doesn't hurt that the President's family built their decks on Ethereum. There's a major bet that's been played, it's paid off successfully.” (18:46)
4. World Liberty Financial Governance Token Launch
- Deep dive into the launch mechanics, unlocks, association with influential figures (the “crypto brothers”), and price action.
- Scott: “I had to do a bit of a deep dive on World Liberty Financial because I got a call yesterday morning to come on News Nation and talk about it…” (20:14)
- Tillman: “The crypto brothers, let's call them the president's sons, are wanting this to succeed not just for the money. They, they have reputational risk. They bet heavily, reputationally on Bitcoin and on crypto as a whole. This is their baby.” (22:59)
- Tokenomics, concerns over supply unlocks, and speculation:
- Scott: “Tell me how I make money as a token holder. If company does well... Or is it just going to be financial engineering?” (26:14)
- Gamification and speculation as a market ethos:
- Andrew: “Gamification continues to be a thing and it will forever be a thing going forward with markets… It almost doesn't matter what the narrative is. It can be insane, the narrative can be ridiculous. But if that narrative actually plays itself out, you make money. So that's the new norm as it relates to markets.” (27:07)
5. Speculation, Meme Coins, and NFT Commentary
- Meme coin boom is fading:
- Scott: “The Meme Coin craze is dead. I don't think there's been a billion market cap launched Meme Coin since Trump Token in January.” (33:24)
- Compounding yields:
- Tillman: “Compounding, if you're right on those series of events, it does not take very many rights to make a huge impact. [...] Einstein said it's the most powerful force in nature.” (32:26)
- NFT Market at Lows, Future ETF Potential:
- Tillman: “If we're right about Ethereum, right. How much wealth is going to be created in the hands of ETH holders…it's too easy. If somebody's been sitting on Ethereum for five years and they pump well…it seems logical that they're going to spend the money in, in the easiest ways to not only wrap good NFTs.” (40:43)
- Scott: “I think NFTs are amazing. They've done great…if you own the right ones, they've been a high beta, never losing trade against eth.” (40:39)
- Andrew: “Well, we're going to get, you know, NFT ETFs at some point.” (42:42)
- Cultural parallels: Pudgy Penguins and NFT characters cited as next-gen Mickey Mouse potential (42:04).
6. Trading Strategies, Tools, and “Intelligent DCA”
- Emphasis on the evolution of trading tools:
- Andrew: “It's not hard to spend half a day, you know, using chat, GPT or whatever it is to take a look at some of these strategies…you can be a monkey and just begin typing stuff in there and you're going to get somewhere.” (34:16)
- Tillman: “Trading, by definition, is not investing…trading requires you to shorten your time frame.” (35:58)
- Introducing ‘Intelligent DCA’:
- Scott: “Dollar cost averaging, but doing it better seems very appealing.” (37:08)
- Tillman: “Why am I picking Tuesday at 9 am randomly to make my acquisition purchase?...Why wouldn't I monitor the week with automated tools to pick the time in which I DCA that week based upon when market exhaustion points are met?” (37:13)
- Arch Public tools plug:
- Automated purchases based on volatility, user-definable triggers, and DCA optimization.
- Accommodates multiple exchanges, multiple crypto symbols, “free forever” version, and hands-on support (47:09, 53:08).
- Invitation for listeners to try, with walk-throughs and high-touch service.
7. Broader Industry Trends & Noteworthy Moments
- Wall Street and Crypto Asset Correlation:
- Scott: “Stock market opened…SPX below support, but at the exact same time Bitcoin popped 111.” (42:56)
- Andrew: “Bitcoin first and now to some degree, Ethereum are going to be…Wall Street attached assets. They're just going to be in terms of price action and so act accordingly.” (43:32)
- Summer market dynamics: Post-Labor Day trading ramps up, volume returns.
- Lifestyle banter and real-world data:
- Surprising stat: US adults reporting weekly sex at a multi-decade low (53:08), segues into speculation on the causes—social media, health trends, and modern distractions.
- Scott, joking: “Is this because so many people are using arch public that they are having so much fun they don't do sex anymore?” (53:08)
8. Best Quotes & Memorable Moments
- Tillman (on volatility): “Volatility is a feature...We say that but we really don't mean it. There’s buying opportunities.” (03:57)
- Andrew (on ETH’s Wall Street narrative): “Storytelling is the thing on Wall Street. If you don't have a story, you don't have anything to sell.” (15:57)
- Scott (on governance tokens): “Tell me how I make money as a token holder. If company does well… Or is it just going to be financial engineering...and by the way, if it's just speculation, I'm in on speculating on the Trump self interest.” (26:14)
- Andrew (on NFT culture): “We could be looking at the next Mickey Mouse that's created by a community, right, that becomes an animated character that peripherates through film, TV, through culture.” (42:04)
- Scott (on intelligent DCA): “Dollar cost averaging. But doing it better seems very appealing.” (37:08)
- Scott (irreverent banter): “Is this because so many people are using arch public that they are having so much fun they don't do sex anymore?” (53:08)
9. Timestamps for Key Segments
- 00:00 — Opening banter, Bitcoin’s move and reversal
- 03:57 — Volatility discussion, buy opportunities, market psychology
- 06:01 — Options, automation, and AI in trading
- 12:47 — Ethereum ETF inflows, Wall Street narratives
- 18:46 — World Liberty Financial, Ethereum-based DEX, and political influence
- 25:52 — Governance tokens, speculation, and gamification in crypto markets
- 33:24 — Meme coin cycle commentary, speculation waning
- 40:39 — NFT market analysis, Ethereum’s influence, future ETF speculation
- 42:56 — Bitcoin price spike vs. stock market open
- 47:09 — Arch Public product updates, supported assets, hands-on support
- 53:08 — Societal trends: Sex, social media, and modern distractions—humorous wrap-up
10. Closing Thoughts
The conversation highlighted how crypto markets—now highly financialized and deeply intertwined with mainstream finance—are increasingly driven by narratives, institutional flows, new trading products, and technology-enabled strategies. Yet, the core message remains: volatility presents opportunity, narratives drive capital, and participants at every level—pro or retail—are best served by disciplined strategies, curiosity, and thoughtful risk management. Amid the market’s complexity, the trio’s humor and candor keep the discussion grounded and relatable, offering listeners actionable insights while never losing sight of crypto’s ever-present unpredictability.