Ryan and David discuss the state of the crypto market, noting Bitcoin's slight increase for the week despite a general feeling of "Downtober." They explore potential future cycle scenarios, including topping out, a final push, or an extended cycle due to global liquidity. The conversation covers gold's performance, central bank reserves, and the potential for capital rotation into Bitcoin. They also analyze Dankrad Feist's departure from the Ethereum Foundation to Tempo, Coinbase's acquisition of Echo, Polymarket's deals with the NHL and DraftKings, and AI trading models' performance on Hyperliquid. Additionally, they touch on the possibility of the Fed granting crypto companies direct access to FedWire, Trump's pardon of CZ, and a debate within the Bitcoin community regarding block space neutrality.
Sign in to continue reading, translating and more.
Continue