Unchained

Latest Episodes:

Under Trump, the First Crypto President, Where Will Markets Go? - Ep. 732 Nov 08, 2024

Show notes

With a friendlier regulatory environment in sight, will crypto finally get its moment?

Jeff Park, head of alpha strategies at Bitwise, joins Unchained to break down what a pro-crypto approach in Washington could mean for the industry, why DeFi tokens such as UNI are thriving, and whether Bitcoin has a place as a strategic national asset.

Plus, Park shares insights into how China will respond to Trump’s economic measures and explains what he means by the “radical portfolio” thesis.

Tune in to find out how this new political era could set the stage for crypto’s long-awaited breakout.

Show highlights:

Jeff’s main takeaways from the intersection of crypto and politics this cycle
Whether crypto has become a partisan issue
Why Jeff highlights the usefulness of Polymarket to track the chances of each candidate
Why Uniswap’s token UNI outperformed the broader market
What sectors of the industry could boom with more regulatory clarity
Whether the idea of using bitcoin as a strategic reserve is feasible
How China will respond to Trump’s economic measures
What is the “radical portfolio” thesis and what’s bitcoin’s role in it

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

Guest

Jeff Park, Head of Alpha Strategies at Bitwise
The Radical Portfolio Theory

Links

Unchained:

Haralabos Voulgaris’s tweets on gambling:

Expressing concern about gambling addiction
Contrasting gambling now vs. when he started
His opposition to how much gambling is promoted

Timestamps:

00:00 Intro
01:13 Key takeaways on crypto’s role in politics
02:38 Has crypto become a partisan issue?
06:47 Why Polymarket is crucial for tracking election odds
09:29 Why UNI is outperforming the market
11:56 Which sectors could thrive with regulatory clarity?
15:07 Could Bitcoin become a national strategic reserve?
18:32 How might China respond to Trump’s economic policies?
20:17 What is the “radical portfolio” thesis?
29:57 Crypto News Recap

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Bits + Bips: Trump Won and the Question Is: Do You Have Enough Crypto? - Ep. 731 Nov 07, 2024

Show notes

Donald Trump is headed back to the White House, and the crypto markets are surging in response.

This episode of Bits + Bips dives into what the election means for crypto, the potential crypto IPOs coming soon, why DeFi tokens are outperforming, and what changes in U.S. regulation could mean for investors. Ram Ahluwalia and Noelle Acheson join to explore this unprecedented moment in crypto and how inflation and policy changes may boost Bitcoin and the broader ecosystem.

Show highlights:

Everyone’s initial reactions to Trump’s win
How some crypto companies could have their IPO soon
Whether it’s time to take profits after the substantial run
Why DeFi tokens have been the biggest winners
What the next crypto spot ETF will be and whether we’ll see staking rewards for ETH
Why mainstream media didn’t see the Trump win coming
Why Ram and Alex believe that Kamala Harris was not the right candidate
How Trump won the appeal of the lower class in the U.S.
Whether immigration was key to sustaining the GDP and avoiding a “hard landing”
Crypto’s massive win in Congress
How much impact Elon Musk had in the outcome of the elections
How Polymarket has become a “new source of truth,” according to Ram
Why the Fed doesn’t have a need to accelerate rate cuts
Whether Trump’s policies will be inflationary and whether he’ll go forward with tariffs
Whether the 10-year bond will reach new highs

Thanks to Gemini for sponsoring this episode of Bits + Bips.

Hosts:

James Seyffart, Research Analyst at Bloomberg Intelligence
Alex Kruger, Founder of Asgard

Guests:

Ram Ahluwalia, CFA, CEO and Founder of Lumida
Noelle Acheson, Author of the “Crypto Is Macro Now” Newsletter

Timestamps:

00:00 Intro
01:57 Reactions to Trump’s election win
03:13 Which crypto companies might IPO soon?
09:28 Is it time to take profits in crypto?
17:30 Why are DeFi tokens surging?
20:31 What’s next for crypto ETFs and ETH staking rewards?
28:00 Why mainstream media missed Trump’s victory
33:44 Ram’s thoughts on Kamala Harris’s candidacy
43:52 How Trump gained appeal with lower-income voters
45:41 Did immigration help sustain GDP?
53:11 Crypto’s big win in Congress
56:53 Elon Musk’s influence on the election outcome
1:04:10 Is Polymarket becoming a “new source of truth”?
1:10:30 Why the Fed may not need faster rate cuts
1:13:26 Will Trump’s policies drive inflation?
1:17:08 Will the 10-year bond hit new highs?

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Is There a Better Way to Launch Tokens in Crypto? - Ep. 730 Nov 05, 2024

Show notes

Crypto networks are meant to be decentralized, community owned systems. But they’re turned out to be dominated by whales and to have more mercenaries who are just interested in getting free tokens to dump them, rather than having long-term believers who want to build the ecosystem. How can tokens be launched in a way that gets token holders aligned with long-term success?

Today’s guests, Mike Dudas, founding partner of 6th Man Ventures, and Matt O’Connor, co-founder of Legion, believe there’s room for improvement. In this episode, they share how Legion aims to reshape the process, focusing on fair distribution, incentivizing organic user growth, and building loyal communities. They explore Legion’s approach to token sales, its compatibility with regulatory frameworks, and why it might be the key to bringing new people into crypto.

Show highlights:

How Legion was born and what its main goal is
The problems with how token launches currently work
Why projects don’t want to return to the ICO model
Whether the criteria to earn a better reputation on Legion is gameable
How Legion actually works and what the role of KYC is
What type of regulatory framework Legion is leveraging
How MiCA’s rules for token offerings allowed for this type of project to emerge
Whether the U.S. should follow Europe in establishing a crypto framework like MiCA
What the business model of Legion is
What the difference is between Legion and other similar platforms such as Cobie’s Echo
Whether token sales is a better distribution mechanism than airdrops

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

Guests:

Mike Dudas, Founding partner of 6th Man Ventures
Matt O’Connor, Co-Founder of Legion
Matt’s open source publication: Tokenomics for Builders

Links

Timestamps:

00:00 Intro
01:49 How Legion was born and its main goal
05:33 What’s wrong with current token launches?
11:13 Why projects avoid the ICO model
13:37 Can Legion’s reputation system be gamed?
26:18 How Legion works and the role of KYC
35:23 The regulatory framework behind Legion
39:06 How MiCA enabled this type of project
44:09 Should the U.S. adopt a framework like MiCA?
46:32 What is Legion’s business model?
50:28 How Legion differs from Cobie’s Echo
53:18 Are token sales better than airdrops for distribution?

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The Chopping Block: 2024 Election Debate feat. Mike Novogratz & Shaun Maguire - Ep. 729 Nov 03, 2024

Show notes

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner slice into the juiciest topics in crypto. This week, Robert Leshner welcomes two special guests: Mike Novogratz, CEO of Galaxy, and Shaun Maguire, general partner at Sequoia Capital, for a one-of-a-kind debate on how the upcoming 2024 U.S. presidential election could shape the future of crypto. With the stakes higher than ever, they explore what a Harris or Trump presidency could mean for crypto regulation, market infrastructure, and the populist undercurrents driving the industry forward. From blockchain voting possibilities to the macroeconomic forces impacting Bitcoin and stablecoins, the conversation pushes beyond policy to the heart of crypto's role in tomorrow's world. This episode delivers crucial insights on the political forces that could redefine crypto’s trajectory in the U.S. and beyond.

Show highlights

🔹 Crypto in the Election Crosshairs: Mike Novogratz and Shaun Maguire debate how a Trump or Harris presidency could reshape the U.S. crypto landscape.

🔹 Deregulation vs. Innovation: Trump’s pro-deregulation stance meets Harris’s pro-innovation campaign promises. Which path is better for crypto growth?

🔹 Crypto's Populist Appeal: How Trump’s base connects with crypto’s populist movement and why that resonates with “the people at the bottom” of the income bracket.

🔹 Deep State and Political Jaywalking: Shaun Maguire dives into the concept of “political jaywalking” and its impact on trust in U.S. elections.

🔹 The Future of Blockchain Voting: Could blockchain-based voting bring transparency to elections? The crew weighs in on the feasibility and timing of decentralized voting.

🔹 Bitcoin's Role in Macro Trends: With U.S. debt surging, Mike and Shaun share their thoughts on Bitcoin as a hedge, whether Trump or Harris takes office.

🔹 The Crypto Political Machine: A look at how crypto insiders engage with political campaigns and the industry’s impact on down-ballot races.

🔹 Wildcard Assets: How a national Bitcoin reserve might impact U.S. fiscal policy – could it ever happen under Harris?

Hosts

⭐️Robert Leshner, CEO & Co-founder of Superstate

Guests

⭐️Mike Novogratz, CEO of Galaxy

⭐️Shaun Maguire, general partner at Sequoia Capital

Disclosures

Timestamps

00:00 Introduction
02:03 Shaun’s Argument for Trump
05:10 Mike's Argument for Harris
11:10 Political Bias and Prediction Markets
18:25 Flynn & Political Jaywalking
24:26 Macroeconomic Implications for Crypto
30:29 Bitcoin Price Predictions Post-Election
32:38 Gold & Central Bank Dynamics
34:41 Nation States & Bitcoin Reserves
37:35 Military Technology & Future Dominance
39:10 Presidential Campaign Issues & AI
47:44 Election Integrity & Blockchain Voting
53:17 Crypto's Influence in Politics
56:42 $WLFI Endeavors
01:00:17 Closing Thoughts

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How Arthur Hayes Has Prepared His Portfolio for the Elections - Ep. 728 Nov 01, 2024

Show notes

As the 2024 U.S. election draws near, the crypto market is buzzing with speculation on what’s next. Arthur Hayes, co-founder of BitMEX, joins Unchained to discuss how Bitcoin and altcoins might react depending on who wins. Hayes shares his insights on election trade strategies, from the importance of sticking to the majors to his preference for Solana over Ethereum in the short term.

He also dives into whether Trump will fulfill his promises to the crypto community and drops a banger explanation on what could be the next Federal Reserve move. (Hint: it’s not about interest rates.)

Plus, Unchained reporter Veronica Irwin joins the show to discuss her latest scoops on Stand With Crypto’s scoring system and SEC Commissioner Hester Peirce’s stance on whether she would want to become Chair of the agency in replacement of Gary Gensler.

Show highlights:

01:39 How the market could react based on the election outcome
03:53 Has a Trump win been priced in? What if there’s no clear winner?
06:30 Arthur’s short-term trade strategy for the elections
13:00 Will Bitcoin surge, and is an altcoin rotation coming?
16:52 Why Arthur favors SOL over ETH right now
21:28 Whether Layer 2s are parasitic to Ethereum
24:19 Could crypto regulation reform come after the election?
26:12 Whether Trump would deliver on his promises to the crypto community
29:45 The election outlook for memecoins
30:52 Why traders should focus on high-cap AI memecoins
36:41 Why Arthur believes the Fed need to restart quantitative easing
47:55 How much money China will print to tackle its property crisis
52:21 Arthur’s take on Japan’s political shift and economic impact
54:44 Whether Stand With Crypto has been honest with the crypto community
56:20 A potential conflict of interest of one of the top executives
56:58 Stand With Crypto’s affiliation with PAC Fairshake
1:04:19 Whether Hester Peirce will become SEC Chair if Trump wins
1:08:27 Crypto News Recap

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

Guest

Arthur Hayes, Co-Founder of BitMEX and CIO at Maelstrom
Previous appearances on Unchained:
Arthur Hayes and Will Clemente on How This Bitcoin Halving Is Different
Arthur Hayes on Why Bitcoin Is Money and ETH Is a Shitcoin He Loves
Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH
Arthur Hayes of Bitmex on Why Countries Will Turn to Digital
The Chopping Block: Arthur Hayes on Why Crypto Needs to Ditch the Banks
How Crypto and Blockchain Technology Could Change Financial Services

Links

Unchained:
Why You Might Have to Wait a Little Longer for a Crypto Bull Market
What Needs to Happen for Altcoins to Finally Pump: Report
Arthur’s latest blog post

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The Chopping Block: AI Memecoins, Trump’s Token Flop, & Ethereum’s Malaise - Ep. 727 Oct 31, 2024

Show notes

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner slice into the juiciest topics in crypto. This week, the crew tackles everything from AI-powered memecoins and the explosive rise of GOAT token to the ongoing rivalry between Ethereum and Solana. They break down the appeal of AI-driven assets, analyze Trump’s World Liberty Finance flop, and debate whether Ethereum’s current fragmentation is hurting its narrative. With Halloween thrills and market chills, this episode delivers insider insights on the trends pushing crypto forward.

Show highlights

🔹 GOAT Token Madness: The latest in AI memecoin hype and how GOAT token captured the attention of investors and Twitter alike.

🔹 Memecoin Stagecraft: Are AI-driven coins here to stay, or is it all clever stagecraft? Our thoughts on the future of AI-based assets.

🔹 AI Meets Memecoins: Is character-driven AI the secret sauce in building compelling memecoins? Exploring the potential of charismatic, interactive assets.

🔹 World Liberty Finance Flop: Trump's crypto token sale misses the mark—are accredited investor rules and lack of memes to blame?

🔹 Trump’s Role in Crypto: How Trump’s “hands-off” approach may have impacted World Liberty’s slow start.

🔹 Ethereum vs Solana: Ethereum’s current challenges and Vitalik’s roadmap defense—can Ethereum reclaim its narrative from Solana’s simpler, single-layer approach?

🔹 Fragmentation in Ethereum’s Ecosystem: How Ethereum’s L2 rollup competition might be confusing new users and hurting its narrative.

Hosts

⭐️Haseeb Qureshi, Managing Partner at Dragonfly

⭐️Tom Schmidt, General Partner at Dragonfly

⭐️Robert Leshner, CEO & Co-founder of Superstate

⭐️Tarun Chitra, Managing Partner at Robot Ventures

Disclosures

Timestamps

00:00 Intro
02:12 The Rise of GOAT Token
11:41 The Future of AI Coins & Meme-Based Value
21:50 The Importance of Attention in Crypto
23:53 Trump's World Liberty Finance Token Sale
31:24 Ethereum's Struggles and Vitalik's Response

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It’s Not Just the Presidency. Congressional Races Matter a Lot for Crypto - Ep. 726 Oct 29, 2024

Show notes

Subscribe to Unchained’s new regulatory newsletter Unregulated.

With the presidential race in the spotlight, it’s easy to overlook the powerful role that Congress could play in shaping crypto policy in the coming years. From committee chairs to legislative allies, crypto advocates are keenly focused on the outcome of key Congressional races. Kristin Smith of the Blockchain Association and Alex Grieve of Paradigm join us today to break down which races and committees are critical for crypto, why the industry is more visible in Washington than ever, and what the chances are for lame duck legislation this year.

Show highlights:

Why this election is “incredibly important” for crypto
How the presence of Fairshake is increasingly noticed by Washington
Why some committees are more important than others for the industry
Why the Senate Banking Committee is key
Whether Alex and Kristin are concerned about Sen. Warren becoming chair of the Senate Banking Committee
What could happen to the House Financial Services Committee
Who is likely to take on both of the Agricultural Committees, which is in charge of the CFTC
How the Senate Commerce affects the crypto industry
How the members of the House Energy Committee don’t have a strong stance on crypto
What the stance of the Finance Committee on crypto is
Why there is an opportunity in the House Ways and Means Committee
Whether crypto tax legislation is in the works
Who could be the SEC Chair under a Trump or Harris presidency
Who could be the next Chair of the CFTC
Whether Yellen will be replaced on Treasury, with many pro-crypto options on tap
Why the Federal Reserve matters much more if they get to regulate stablecoins
What the odds are for crypto legislation being passed this year

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

Guests:

Kristin Smith, CEO of the Blockchain Association
Kristin’s Op-ed on Unchained: In the Ongoing SAB 121 Fight, Here’s How Crypto Can Move Forward With Bipartisan Support
Previous appearances on Unchained:
Kristin Smith on Why Crypto Legislation Could Be Passed by Year's End
Can Crypto Be a Force in the Midterms? Yes, Say Kristin Smith and Jake Chervinsky
What the Crypto Industry Could See Under a Biden Administration
Alexander Grieve, VP of Government Affairs at Paradigm

Links

Previous coverage of Unchained on the elections:
With Rate Cuts and Upcoming Elections, What’s the Best Play in Crypto?
Why Congressman Ro Khanna Is Hopeful the Democratic Party Will Embrace Crypto
Why Gary Gensler Will Likely Be Out as SEC Chair No Matter Who Wins the Election
Congressman French Hill on Crypto and His Top Pick for the Next SEC Chair

Timestamps:

00:00 Intro
01:55 Why this election is pivotal for crypto
04:50 How Fairshake’s presence is catching Washington’s eye
16:39 Which committees matter most for crypto?
22:49 Why the Senate Banking Committee is crucial
28:54 Concerns about Sen. Warren as potential chair?
38:15 Possible shifts in the House Financial Services Committee
41:47 Who could control the Agricultural Committees and CFTC oversight?
47:35 How the Senate Commerce Committee impacts crypto
51:04 House Energy Committee’s stance on crypto
53:21 Finance Committee’s crypto perspective
55:03 Opportunities in the House Ways and Means Committee
57:28 Is crypto tax legislation in the works?
1:01:23 Potential SEC Chairs under Trump or Harris
1:03:57 Who could be the next CFTC Chair?
1:05:46 Will Yellen be replaced with a pro-crypto Treasury option?
1:08:06 Why the Fed’s role could be pivotal for stablecoin regulation
1:10:46 Odds of crypto legislation passing this year

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The Backstory of How 3 AI Agents Led to the Rise of the Hottest Memecoin, GOAT - Ep. 725 Oct 25, 2024

Show notes

Subscribe to our new regulatory newsletter Unregulated: https://unchainedcrypto.substack.com/s/unregulated

The two-week-old GOAT memecoin, which hit a market cap of almost $880 million on Thursday, is captivating everyone in crypto. Not because this is memecoin szn, but because its rise was fueled by an AI called Truth Terminal, which is itself a baby of two other AI models.

Teng Yan, founder of Chain of Thought, joins Unchained to break down how this unexpected AI creation has turned into a phenomenon, why it has captured the attention of the crypto world, and what the future holds for AI-driven tokens.

At the end, Laura also discusses with Unchained’s regulatory reporter Veronica Irwin two interesting and important news stories: who Kamala Harris is vetting for SEC chair and how one Senate race could inadvertently give Senator Elizabeth Warren more power over crypto.

Show highlights:

How an AI experiment unexpectedly led to the creation of GOAT and sparked interest in AI-generated subcultures
How "Terminal of Truth" evolved its own personality, gained attention from Marc Andreessen, and began posting about a new "Goat Sea gospel" religion
How the spelling mistake sparked skepticism about the AI model
What happened with the $50,000 in BTC that Marc Andreessen gave to Truth Terminal
Whether an AI can have its own wallet and what the implications are
Whether AI memecoins could start surging on other chains
What we can expect in terms of the proliferation of AI memecoins
What the future looks like for the intersection of crypto and AI
Who Kamala Harris is considering for SEC Chair if she wins the U.S. election
Why one Senate race could give Elizabeth Warren more power over crypto

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

Guest

Teng Yan, Founder of Chain of Thought
Teng’s article: GOAT: The Gospel of Goatse

Links

Previous coverage of Unchained on GOAT:
GOAT Hits a Record $879 Million Market Cap After Brian Armstrong Offers to Help Truth Terminal
GOAT: How AI Agents Talking Turned Into a $268 Million Memecoin 'Religion'
Infinite backrooms
Andy : https://x.com/AndyAyrey
Andy Ayrey's (creator of Truth Terminal) research paper on LLMtheism:
Truth Terminal's X account
Kaito: GOAT’s mindshare

Timestamps:

00:00 Intro
01:28 How an AI experiment led to the creation of GOAT
06:16 The rise of “Terminal of Truth” and its unexpected evolution
11:57 How a simple spelling mistake raised skepticism
20:09 What happened to the $50,000 in BTC from Marc Andreessen?
21:06 Whether AI models can have their own wallets
24:17 Whether AI memecoins will surge on other chains
26:19 What’s next for the rise of AI memecoins
28:35 The future of AI and crypto’s intersection
31:39 Who Kamala Harris may consider for SEC Chair
34:12 How one Senate race could boost Elizabeth Warren’s power over crypto
40:33 News Recap

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The Chopping Block (feat. Anatoly): Solana's Second Act, SVM vs EVM, & Extension Dilemma - Ep. 724 Oct 24, 2024

Show notes

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner slice into the juiciest topics in crypto. In this episode, the crew is joined by special guest Anatoly Yakovenko, the mastermind behind Solana, for a deep dive into the network’s evolution and future. The conversation kicks off with a look at Solana's rapid rise from its rocky early days to its current status as a blockchain powerhouse. They debate the role of memecoins in Solana’s ecosystem and whether they’re here to stay or just a passing craze. Next, Anatoly opens up about Fire Dancer’s impact on the network’s scaling and performance, sparking a broader discussion about vertical vs. horizontal scaling. Finally, they explore Solana’s ambitious push into the mobile space with the Seeker phone and its implications for the broader crypto industry. Packed with expert insights, bold predictions, and a few surprises, this episode is a must-listen for anyone following the future of blockchain.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.

Show highlights

🔹 Solana’s Rise: Solana’s journey from early turbulence to becoming a blockchain powerhouse.

🔹 Memecoin Frenzy: The explosive growth of memecoins on Solana and their impact on the ecosystem.

🔹 Fire Dancer Impact: How Fire Dancer could revolutionize Solana’s scalability and performance.

🔹 Vertical vs Horizontal Scaling: Is Solana’s vertical scaling approach stronger than Ethereum’s rollups?

🔹 Seeker Phone: Solana’s ambitious push into mobile with the Seeker phone and its potential disruption of the app store landscape.

🔹 ETHOS Phone: How does Ethereum’s new phone compare to Solana’s mobile vision?

🔹 Network Extensions: The introduction of network extensions and whether they align with Solana’s long-term vision.

🔹 App Chains: Could the rise of app-specific chains lead to fragmentation or strengthen Solana’s ecosystem?

🔹 Developer Experience: The challenges of Solana’s development environment and their impact on innovation.

🔹 Ethereum Rivalry: With both networks advancing, how is the competition between Solana and Ethereum shaping up?

Hosts

⭐️Haseeb Qureshi, Managing Partner at Dragonfly

⭐️Tom Schmidt, General Partner at Dragonfly

⭐️Tarun Chitra, Managing Partner at Robot Ventures

Special Guest

⭐️Anatoly Yakovenko, Co-Founder & CEO Solana Labs

Disclosures

Timestamps

00:00 Intro
02:56 TCB’s Criticisms
05:12 Evolution of Solana's Ecosystem
17:36 Solana's Competition
22:05 What Is Solana's Moat?
28:31 The Role of Atomicity and Composability
34:11 Network Extensions
44:20 First Mover vs. Second Cohort
48:44 Future of Asset Types and Content
52:49 Developer Experience and Token Implementations
1:00:38 Solana Phone vs. EthOS
1:09:16 Thoughts and Criticism

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Bits + Bips: The Real ‘Trump Trade’ & Why Trump's World Liberty Financial Was a Flop - Ep. 723 Oct 23, 2024

Show notes

In this episode of Bits + Bips, hosts James Seyffart, Alex Kruger, and Joe McCann are joined by Jeff Park of Bitwise to discuss some of the latest developments in the crypto world. They share their thoughts on a controversial ECB paper about Bitcoin, breaking down why they believe the authors missed the mark. They also dive into the rising institutional interest in spot Bitcoin ETFs and how Trump’s momentum in the polls could impact the market, especially for altcoins. Plus, the conversation explores the significance of Bitcoin ETF options and why they could have a larger impact than many expect.

Show highlights:

Why the guys believe that the ECB paper on Bitcoin is a joke
How the Minneapolis Fed report said that prohibiting Bitcoin would allow the government to operate at permanent deficits
The institutional demand for spot bitcoin ETFs
How Trump has been rising in the polls and what the Trump trade looks like at the moment
Whether polls and Poylmarket bets on the U.S. elections are manipulated
How the Fed is putting more focus on jobs than inflation
When the bitcoin ETF options might launch and which issuers will get it first
How memecoins succeed and the rise of AI memecoins like GOAT, fueled by the AI bot truth_terminal
What the $1.1 billion acquisition by Stripe of stablecoin company Bridge means
Why Donald Trump’s World Liberty Financial token sale was a flop

Sponsors:

Hosts:

James Seyffart, Research Analyst at Bloomberg Intelligence
Alex Kruger, Founder of Asgard
Joe McCann, Founder, CEO, and CIO of Asymmetric

Guest:

Jeff Park, Head of Alpha Strategies at Bitwise

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