Are We Headed for an Altseason Melt-up? | Michael Nadeau’s Defi Report #1

In this episode of the Bankless podcast, host Ryan interviews Michael Nadeau of the DeFi Report about the potential for an altseason melt-up in the crypto market. They discuss macro catalysts such as fiscal spending and the potential passage of stablecoin legislation, as well as indicators like Bitcoin moving averages, long-term holder supply, and the MVRV Z-score. Michael shares his current portfolio allocation, which includes Bitcoin, ETH, and meme coins like Pepe and Bonk, and expresses his bullish outlook on ETH and select altcoins, while emphasizing the importance of asset selection and risk management. They also touch on Solana's MEV infrastructure and the concept of triple point assets, providing listeners with insights into crypto fundamentals and investment strategies.