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    Bull or Bear? What the Charts Are Saying | Ledger from Up Only

    enMarch 16, 2022
    What indicators suggest the current crypto market conditions?
    How do local bear markets occur during a bull cycle?
    Why is the 200-week moving average significant for Bitcoin?
    What role do institutions play in the crypto market's growth?
    How can investors balance exposure to cryptocurrencies effectively?

    • Understanding the Current Market ConditionsDespite a bull cycle, local bear markets can occur. Bitcoin, Ether, and altcoins are discussed, along with macro markets and commodities. Opelis, a healthcare DAO, is mentioned for Bankless Nation members.

      Despite being in a long-term bull cycle, the crypto market can still experience local bear markets. In this episode of State of the Nation, the hosts bring on returning guest Ledger from LedgerCast and Up Only podcast to help interpret the charts and determine if we're currently in a bear or bull market. They will discuss the state of Bitcoin, Ether, and other altcoins, as well as the macro markets and commodities. Additionally, the hosts mention Opelis, a DAO providing healthcare benefits for self-sovereign employees in the web 3 space, and offer a special deal for Bankless Nation members. The goal is to provide listeners with a clear understanding of the current market conditions and what the future may hold.

    • Navigating through uncertain times with Ledger's market insightsExploring Bitcoin price, Ethereum charts, and alternative layer ones, as well as larger market trends to understand the current crypto market situation and its relation to global macro trends with Ledger, a chartographer and expert in the field.

      We're currently experiencing a significant inflection point in the crypto market, where the short-term bearish trend and the long-term bullish trend are colliding. This chaos is also affecting other global macro markets, particularly commodity prices. Ledger, a chartographer and guest on the show, will help us navigate through these uncertain times by analyzing Bitcoin price, Ethereum charts, and alternative layer ones, as well as larger market trends. Before diving deeper, we want to thank our sponsors. Slingshot is a decentralized trading platform that offers the best of both centralized and decentralized exchanges, with no fees and real-time price charts and trade logs. The Brave Browser, with over 50 million monthly active users, provides privacy and security for your digital footprint and crypto wallet. Ledger, who has been on the show before and is a co-host of Up Only and Ledger Podcast, will share his insights on the current market situation. He defines himself as a chartographer, someone who charts and analyzes data to provide valuable information. With his expertise, we'll explore the future of the crypto market and its relation to global macro trends. Stay tuned for an insightful discussion.

    • Frustration for Traders as Crypto Markets See Reduced Volatility and VolumeTraders face challenges in finding profitable setups due to market compression, with reduced volatility and volume caused by a liquidity drain and increased use of algorithmic bots.

      The current trading environment in crypto markets has been characterized by reduced volatility and volume due to market compression. This has led to frustration for traders who are used to volatile markets and are constantly on the lookout for profitable setups. The reduction in volume and activity is partly due to a liquidity drain and the increasing presence of algorithmic bots, making it harder for human traders to find opportunities. The market has been in a state of tension, with traders anticipating a rebound in volatility but it hasn't happened yet. The market's cyclical nature suggests that this period of low volume and compression could eventually lead to a high volatility moment, but it's unclear when that will occur. Emerging markets like crypto are more prone to this type of volatility, with periods of inactivity followed by sudden bursts of activity. The S&P 500, on the other hand, is an example of a market with a strong passive bid, where large institutional investors and retirement accounts contribute to a steady trend, even if the volume is lower.

    • Crypto Market in 2021: Patience, Discipline, and Understanding RequiredPatience, discipline, and a solid understanding of crypto tech are crucial for success in the unpredictable crypto market. Maintain a long-term perspective, diversify, and take profits to secure financial goals.

      The crypto market in 2021 had significant rallies around spring and late summer, but making substantial profits required delving deeper into altcoins and specific trades. The market experienced volatility, with some periods resembling the liquidity drain and compression seen in 2018. While it's essential to stay informed about the tech, it's also crucial to maintain a long-term perspective and not risk more than you're willing to lose. The market's unpredictability necessitates a balanced approach, with exposure to crypto markets and securing financial goals. The speakers emphasized the importance of taking profits and maintaining a diversified portfolio. Overall, the crypto market requires patience, discipline, and a solid understanding of the underlying technology.

    • Ethereum's prolonged downturn could last up to 2 yearsThe crypto market downturn, particularly for Ethereum, may continue for an extended period, potentially lasting up to 2 years, due to market maturity and the need for fundamental components to catch up.

      The current cryptocurrency market downturn, particularly for Ethereum, has been prolonged and painful compared to previous cycles. The time it took for Ethereum to go from its all-time high to its low in 2021 was almost the same as the time it took during the 2017-2018 bear market. This long correction period could continue, potentially lasting even up to 2 years, according to some experts. The market maturity and the need for fundamental components to catch up could make this a lengthy process. The psychological impact on individuals and businesses in the crypto space is also significant, with many people still feeling the pain of the correction. Overall, the current market downturn is a reminder of the volatility and long-term commitment required in cryptocurrency investments.

    • Market attention high but prices low, missing marginal buyers hindering growthHigh market attention but low prices indicate a potential long recovery process. Missing institutional and large-scale buyers hinder market growth. The 200-week moving average could signal a high-conviction bet in crypto.

      The current market attention on cryptocurrencies, especially Bitcoin, is high, but the price has not followed suit. This situation worries some investors as it may take a long time for the market to repair itself and reach a value trade. The speaker also mentioned that the market is currently crowded, and it's essential to have new buyers entering the market while it's already moving. However, the missing marginal buyers are institutions, and the absence of nation-states or retirement accounts buying in large quantities is hindering the market's growth. Another important point discussed was the relevance of the 200-week moving average in predicting the end of bear markets in Bitcoin. The speaker expressed excitement about the possibility of reaching this level, as it would represent a high-conviction bet in crypto, even if wrong. The speaker also acknowledged that many people are talking about crypto and considering it a sign of mainstream adoption, despite the current market conditions. In summary, the current market situation, with high attention but low prices, may take a long time to recover, and the missing marginal buyers are hindering the market's growth. The 200-week moving average is a significant level that, if reached, could represent a high-conviction bet in crypto. The ongoing conversations about crypto are a positive sign of adoption, even if the prices are not ideal.

    • Identifying trends and managing risk in cryptocurrency marketsUnderstanding trends and managing risk in cryptocurrency markets can lead to significant long-term gains, even if you don't fully understand the reasons behind them. Moving averages can provide support during accumulation periods and represent opportunities for discounted buying.

      Identifying and following trends in the cryptocurrency market, particularly Bitcoin, can be profitable even if you don't fully understand the reasons behind them. The trend is what matters most, and it's important to manage risk and be prepared to buy when significant price drops occur. These price drops create opportunities for long-term accumulation, which can lead to significant gains as the market recovers. Moving averages, such as the 200-day or 200-week moving averages, can provide support during these accumulation periods. As new weeks are added, these moving averages continue to rise, providing a time-weighted value that makes it acceptable to buy even if the price remains flat. This process can take several years, but it can ultimately lead to multi-six-figure gains. Additionally, understanding the potential downside of newer markets can help investors prepare for potential mean reversion trades. For example, Ethereum's 200-week moving average is currently around $1,000, while Solana's 100-week moving average is at $56. These levels represent significant downside potential for these cryptocurrencies, but they also represent opportunities for long-term investors to accumulate at potentially discounted prices. Overall, the cryptocurrency market can be volatile and unpredictable, but identifying trends and managing risk can lead to significant gains over the long term.

    • Impact of fundamental catalysts on long-term cryptocurrency marketsFundamental changes like Ethereum merge and issuance reduction can significantly impact the value proposition of cryptocurrencies in the long term, even during a bear market.

      While technical analysis plays a significant role in trading cryptocurrencies, fundamental catalysts, such as the Ethereum merge and reduction of issuance, can have a substantial impact on the markets in the long term. Although the price may not react immediately during a bear market, these fundamental changes can significantly impact the value proposition of the asset. For instance, Ethereum's transition to proof of stake and potential deflationary nature, combined with its utility as a compute network and the ultrasound money meme, could make it a highly desirable asset with significant upside potential. However, in trending markets, traders often rely on technical indicators like moving averages to manage risk and determine entry and exit points. Therefore, both fundamental and technical analysis are crucial for successful cryptocurrency trading.

    • Understanding Ethereum's Market Dynamics: Supply, Demand, and Technical AnalysisConsidering supply and demand concepts and technical indicators are essential in analyzing Ethereum's market. The development of layer 2 solutions will lead to increased usage, not a decrease. Ethereum's long-term prospects are bullish due to decreasing supply emissions, staking, and general adoption.

      Both fundamental and technical analysis are crucial in understanding the crypto market, particularly Ethereum. The speaker emphasizes the importance of considering supply and demand concepts, such as the number of tokens coming on the market and the usage of networks, in addition to technical indicators. He also believes that the ongoing development of layer 2 solutions will not decrease the usage of layer 1 but rather lead to an extreme onboarding event, making crypto more accessible to a larger audience. Furthermore, the speaker is bullish on Ethereum's long-term prospects due to decreasing supply emissions, the locking away of Ethereum for staking, and the general adoption of crypto. However, he acknowledges that mean reversion is a possibility, and the market may eventually touch the 200-week moving average. But it's not a certainty that Ethereum has to hit it, and it doesn't necessarily signal the end of the bull market.

    • Using the 200 week moving average as a buying opportunityLong-term investors can use the 200 week moving average as a guide to buy assets like Ethereum or Bitcoin during market downturns, potentially securing good returns in the long run.

      The 200 week moving average can be a useful indicator for long-term investors in the crypto market. When the price of an asset like Ethereum or Bitcoin reaches the level of the 200 week moving average, it could be a good opportunity to buy, especially during periods of market capitulation. For example, if Ethereum's price was at $850 when it actually hits its 200 week moving average, it could be a good buying opportunity for those seeking long-term exposure. Additionally, the Ethereum to Bitcoin (ETH/BTC) ratio can also be used as a bull market indicator, with a rising ETH/BTC ratio indicating a bull market and a falling ratio indicating a bear market. Overall, these indicators can provide confidence to investors and help them make informed decisions in the volatile crypto market.

    • Crypto Correction and Uncertainty in Altcoin MarketsDespite innovative tech, altcoin prices don't always reflect potential value. Profit distribution and macroeconomic factors impact sustainability. Predicting success in crypto market is challenging.

      The crypto market, specifically altcoins like Solana, Avalanche, Sol, and Luna, is experiencing a correction after being priced in for perfection. The speaker believes that some of these projects have innovative technology, but their prices do not necessarily reflect their potential value. He suggests that the distribution of profits among crypto holders, particularly those who bought in at much lower prices, can impact the sustainability of current pricing. The speaker also notes that the macroeconomic landscape and the performance of Bitcoin and Ethereum can influence the perception of these altcoins as safe stores of value. Overall, the crypto market's unique circumstances make it challenging to predict which projects will succeed and sustain their pricing.

    • Crypto market correction and shift from price growth to fundamental valueThe crypto market experienced a significant correction, particularly DeFi tokens, due to a shift in focus from price growth to fundamental value. Understanding the underlying fundamentals of tokens and the market is crucial.

      The crypto market, particularly DeFi tokens, experienced a significant correction after the summer of 2020, with many coins losing up to 95% of their value relative to Ethereum. This correction was due to a shift in focus from price growth to fundamental value, leading to a retrace of the DeFi summer gains. The speaker expresses skepticism about the possibility of another prolonged bear market, but acknowledges the difficulty of determining the intrinsic value of tokens built on Ethereum. The speaker also suggests that the narrative around the need for Ethereum as an asset versus DeFi may flip again, and that the macroeconomic situation, including the end of COVID and the merge, could impact the market's direction. Overall, the crypto market's volatility highlights the importance of understanding the underlying fundamentals of tokens and the market as a whole.

    • Bitcoin and Ethereum market conditions suggest a super cycle, not a bear marketMarket recovery from dips and maturity indicate a super cycle, but macroeconomic factors could cause a recession or bear market

      The current market conditions for Bitcoin and Ethereum, with profitability maintained throughout and smaller drawdowns, are indicative of a super cycle rather than a bear market. This is evidenced by the quick recovery from recent dips and the maturity shown in the market. The likelihood of a sideways trend continuing, potentially working more people out of the market, is higher than a sudden and severe drop. However, macroeconomic factors could still impact the market and potentially lead to a recession or bear market. It's important to keep in mind that predictions are not certain, and the market will be influenced by various external factors. Additionally, using platforms like Matcha for crypto trading can help ensure the best possible price on trades.

    • Understanding the Role of the Dollar Index in Crypto TradingThe dollar index can provide insights into potential crypto market movements by indicating the value of the US dollar against a basket of currencies. A weakening dollar index may signal a crypto bull run, while a recovering dollar index could indicate a pause or reversal.

      Using the right platform can make trading crypto assets easier and more effective. Matcha.xyz pools liquidity for automatic on-chain limit orders, allowing users to set and forget their trades. Meanwhile, the Gemini exchange offers a wide range of cryptos, including popular DeFi and metaverse tokens, and provides yield on various cryptos. The dollar index, which measures the value of the US dollar against a basket of currencies, has historically shown a correlation with crypto market bull runs. As the dollar index weakens, crypto tends to strengthen. Conversely, when the dollar index recovers, it may indicate a potential pause or reversal in crypto's upward trend. The dollar's value can increase during times of market uncertainty due to a preference for liquidity. Keep an eye on the dollar index for potential indications of crypto market movements.

    • Geopolitical tensions and inflation impacting marketsGeopolitical tensions and inflation are influencing the markets, but crypto and stocks are not identical and require separate analysis.

      The current market conditions are influenced by geopolitical tensions and the shift of assets from riskier currencies to the US dollar. However, this does not change the fact that we're experiencing sustained inflation, which affects all fiat currencies, including the US dollar. The crypto market is also linked to the general equities markets, particularly the S&P 500, which has seen significant retracement. Some analysts believe we're nearing the end of the dip, while others think we could see a more prolonged bear market. It's important to note that while crypto and stocks share some similarities, treating them as identical is dangerous. Stocks represent companies with real value and financials that can be analyzed, while crypto is a digital asset with no inherent value beyond what the market assigns to it. Ultimately, the future of both markets depends on various factors, including geopolitical tensions, inflation, and the overall health of the global economy.

    • Markets experiencing corrections after impressive gains, potential reboundsInvestors may consider dollar cost averaging during market corrections, potentially shifting towards value-producing equities with stable dividends, and anticipating potential inflation and stagflation.

      The markets, particularly tech-heavy sectors like the Nasdaq, have experienced significant corrections after impressive gains from COVID lows. For example, Shopify's stock price dropped from 1700 to 500, and ARC ETF, which went up 391% off COVID lows, is now cheaper than pre-COVID levels. This trend may signal an opportunity for investors to dollar cost average and wait for potential rebounds, especially as commodities like oil and energy may enter a new era of higher prices. Additionally, there's a possibility of a shift towards value-producing equities with stable dividends as investors may seek more stable returns during potential inflation and stagflation. Central banks' limited ability to control inflation through interest rates may lead to direct stimulus measures, but the long-term dependence on oil is expected to decrease only gradually over the next 20 years.

    • Potential for higher crypto bear markets during stagflationHistorically, stagflation could increase crypto bear markets, but opportunities for growth in emerging tech persist. Diversify portfolio with crypto, gold, and stocks for preparedness.

      During a potential stagflationary period, where we experience high inflation and low asset prices, the likelihood of a crypto bear market might be higher than a sideways super cycle. This is based on historical precedent, such as Japan's 22-year wait for a new all-time high in the Nikkei during their own stagflation. However, even in such an environment, there could still be opportunities for growth in emerging technologies like crypto. The speaker personally holds a diversified portfolio, including crypto, gold, and stocks, but leans heavily towards crypto as his risk-on asset class and ultra-safe assets like dollars during risk-off periods. This diversification strategy keeps him engaged with various markets and prepared for different economic scenarios.

    • Stay Informed and Be Patient for Maximum GainsStay informed about market trends, be patient, diversify investments, and avoid outright scams for optimal returns.

      Diversification and patience are key in investing, especially during volatile markets. The speaker shares his personal experience of investing in various assets, including crypto and real estate, over a long period of time. He emphasizes the importance of staying informed and being prepared for market swings, while also acknowledging the risks involved. He advises against trying to time the market perfectly and instead suggests being patient and waiting for confirmation of trends before making larger investments. The speaker also emphasizes the importance of maintaining liquidity and avoiding outright scams. In essence, the speaker's advice is to stay informed, be patient, and diversify to minimize risk and maximize potential gains.

    • Long-term perspective is crucial in crypto investingMaintain control, avoid forced sales, and focus on the long-term goals for successful crypto investing

      Investing in crypto, especially during volatile market conditions, requires patience and a long-term perspective. You don't need to buy the absolute bottom or sell at the perfect time to be successful. Instead, maintaining a position of control and having options can help you avoid forced sales and make informed decisions. Buying the bottom is not a requirement for success, and it's important to remember that time in the market beats timing the market. As the speaker mentioned, they were bullish when Bitcoin was at $4,000 but didn't experience the same level of gains as during the current market conditions. It's crucial to keep a cool head, have fun, and avoid risking it all. Remember, all crypto investments come with risk, and none of the information provided should be considered financial advice. The crypto market is the frontier, and it's not for everyone, but for those who choose to join the Bankless journey, it's essential to stay informed and focused on the long-term goals.

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    That’s right, Bankless Nation, BlackRock on the podcast today.

    BlackRock is the world’s largest asset manager, a company that manages over $10 trillion dollars in assets around the world, to put it in perspective, that’s 5 times the crypto market cap. Let’s just say what they do has ripple effects in global markets.

    But here at Bankless we wanted to figure out what they’re doing in crypto. That’s why we brought Robbie Mitchnick, BlackRock’s Head of Digital Assets.

    We explore Crypto narratives in TradFi, how they measure the risk profile of Crypto, their plans for the future of ETFs, Tokenization and even DeFi.

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    ------
    TIMESTAMPS

    0:00 Intro
    5:36 What is BlackRock?
    7:33 BlackRock’s Crypto Arc
    14:42 Digital Assets Team
    17:01 BlackRock Bitcoin ETF
    20:33 Investor Education
    22:48 Narratives
    24:58 Risk Management
    34:04 Regulatory Environment
    38:27 The Future of ETFs
    42:30 Tokenization
    51:00 What Needs to be Built
    54:26 The State of DeFi
    57:03 BlackRock’s Crypto Mission
    1:00:44 Closing & Disclaimers

    ------
    RESOURCES

    Robbie
    https://x.com/robbiemitchnick  

    Blackrock
    https://x.com/BlackRock  

    ------
    Not financial or tax advice. See our investment disclosures here:
    https://www.bankless.com/disclosures ⁠  

    Bankless
    enSeptember 16, 2024

    ROLLUP: The Debate | 1st DeFi Congress Hearing | ENS joins PayPal/Venmo | Coinbase’s cbBTC

    ROLLUP: The Debate | 1st DeFi Congress Hearing | ENS joins PayPal/Venmo | Coinbase’s cbBTC

    This week in crypto, the Trump vs. Harris debate sparked chatter, but did the markets react? DeFi had its first U.S. congressional hearing—how’d it go?

    Friend.tech burned its keys—abandoning? ENS integrated with PayPal and Venmo, while Coinbase launched their cbBTC, and Sony might release a stablecoin.

    Plus, did we see “war mode” Vitalik this week?

    ------
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    ------
    TIMESTAMPS & RESOURCES

    0:00 Intro

    5:21 Markets
    https://farside.co.uk/?p=1518 
    https://x.com/biancoresearch/status/1832806811088638440 
    https://x.com/matt_hougan/status/1833149076722081906 
    https://www.cbsnews.com/news/inflation-cpi-fed-readies-to-cut-rates-next-week/ 
    https://www.tradingview.c om/symbols/FRED-WALCL/   
    https://x.com/sonyasunkim/status/1832114732326957274 

    18:02 House lawmakers ended up divided in 1st Congressional DeFi hearing 
    https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409354 
    https://x.com/fund_defi/status/1833556632027955694  
    https://x.com/coinage_media/status/1833593592373243915 
    https://x.com/NeerajKA/status/1833530974212387228  
    https://x.com/rohangrey/status/1833543531228762323 
    https://x.com/jchervinsky/status/1833557017023459526 

    27:29 The Debate - they didn’t mention crypto! 
    https://x.com/CNN/status/1833703753179857334 
    https://x.com/erikvoorhees/status/1833705605045051850 
    https://polymarket.com/event/who-will-win-the-debate-according-to-polls 
    https://polymarket.com/event/presidential-election-winner-2024?tid=1726028429396 
    https://x.com/shayne_coplan/status/1833127734844789106 
    https://x.com/Polymarket/status/1833679653191512442 
    https://www.theblock.co/post/315808/presidential-debate-risk-off-crypto 
    https://x.com/MikeIppolito_/status/1833874331539034448 

    36:49 War mode vitalik? If its not stage 2, its not a rollup
    https://x.com/vitalikbuterin/status/1834061075970683367 

    39:01 zkSync Stage 1? & New CMO? 
    https://blog.zknation.io/zksync-governance-system/ 
    https://x.com/the_matter_labs/status/1833894141052494218 

    42:41 Sony Stable Yen
    https://x.com/delzennejc/status/1833243834563650038 

    43:21 Friend.Tech team renounces control of smart contracts
    https://x.com/friendtech/status/1832581118165709140 
    https://x.com/functi0nZer0/status/1833178200685318213 
    https://x.com/MacroMate8/status/1833393620407488542 
    https://x.com/friendtech/status/1833259362711986335 

    47:06 EigenLayer announced Season 2 Stakedrop! 
    https://blog.eigenfoundation.org/season-2-stakedrop/ 

    48:55 ENS was integrated with PayPal and Venmo! 
    https://x.com/ensdomains/status/1833536140529570039 
    https://x.com/brantlymillegan/status/1833568986547818820

    50:16 Coinbase Bitcoin - cbBTC released!
    https://x.com/coinbase/status/1834208544247144949 
    https://x.com/jessepollak/status/1833603913888764064?s=46&t=2ZINVXJQKx6xO_6Wiiu_2gb 

    55:04 David Fighting at Permissionless

    58:01 Closing & Disclaimers

    ------
    Not financial or tax advice. See our investment disclosures here:
    https://www.bankless.com/disclosures ⁠ 

    Bankless
    enSeptember 13, 2024

    Will AI Kill Democracy? | Yuval Noah Harari

    Will AI Kill Democracy? | Yuval Noah Harari

    Today on a special in-person recording of Bankless we welcome special guest and best selling author, Yuval Noah Harari. Yuval is best known for his book Sapiens, and today, he is introducing ideas from his next book Nexus. 

    We go deep down the history rabbit hole and explore the question, if human beings are so wise, why are we so self destructive?

    ------
    🎬 DEBRIEF | Ryan & David Unpacking the Episode:
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    ------
    TIMESTAMPS
    00:00:00 Start
    00:08:07 The World of Information Networks
    00:10:59 Truth vs Information
    00:21:28 Tribal Consequences
    00:25:05 Naive View Of Information
    00:34:27 Populist View Of Information
    00:44:54 Inventing New Mechanisms
    00:53:33 A Brief History Of Information Networks
    00:58:43 The Most Successful Story Ever Told
    01:05:13 Story vs Information Network
    01:12:29 Story Of Debt Clay Tablets
    01:14:53 Entering the Age Of AI
    01:20:50 Self Correcting Mechanisms
    01:25:35 The Potential Of Crypto

    ------
    RESOURCES

    Yuval: https://www.ynharari.com/ 

    ------
    Not financial or tax advice. See our investment disclosures here:
    https://www.bankless.com/disclosures ⁠ 

    Bankless
    enSeptember 12, 2024

    Where’s the ETH Bottom? | Ben Cowen

    Where’s the ETH Bottom? | Ben Cowen

    When is this all going to reverse? 

    That’s the question we asked Benjamin Cowen, YouTuber, Founder of Into The CryptoVerse and famous chart maximalist who does some fantastic technical analysis.

    The main goal of this pod is to understand if we're currently going through Ethereum’s bottom but we also cover:

    - Are crypto 4 year cycles dead?
    - What’s next for ETH/BTC?
    - How’s Ben positioning his portfolio for what’s coming?

    Except to learn that and much more.

    ------
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    ------
    TIMESTAMPS

    0:00 Intro
    5:33 Where Are We?
    7:44 4 Year Cycles
    22:52 ETH/BTC Ratio
    29:28 ETH Price Analysis
    37:55 Blue Chips vs Altcoins
    55:32 ETH/BTC Final Equilibrium
    1:01:11 Idiosyncratic Events
    1:13:34 The Flippening 
    1:16:23 The Bull Market
    1:20:58 2026
    1:25:00 Presidential Election
    1:27:30 Ben’s Portfolio
    1:32:08 Closing Thoughts

    ------
    RESOURCES

    Ben Cowen
    https://x.com/intocryptoverse  

    Ben Cowen on YouTube
    https://www.youtube.com/channel/UCRvqjQPSeaWn-uEx-w0XOIg  

    ------
    Not financial or tax advice. See our investment disclosures here:
    https://www.bankless.com/disclosures ⁠  

    Bankless
    enSeptember 10, 2024

    Why Peter Schiff Hates Bitcoin & The Bull Case for Gold

    Why Peter Schiff Hates Bitcoin & The Bull Case for Gold

    Why does Bitcoin sucks and is inferior to Gold?

    Peter Schiff is a financial commentator and economist that is relentlessly bullish on gold and a famous skeptic of bitcoin and cryptocurrencies.

    He covers a ton of ground in this podcast, from what money really is, why gold can't be disrupted as the ultimate store of value, why we should abolish the Federal Reserve and principles to grow your wealth.

    ------
    🎬 DEBRIEF | Ryan & David Unpacking the Episode:
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    ------
    TIMESTAMPS

    0:00 Intro
    7:07 What is Money?
    15:05 Why is Gold the Apex Money?
    27:59 Gold vs. Bitcoin Custody
    36:27 Gold in The Internet Age
    43:08 Gold as a Productive Asset
    49:30 Gold vs. Bitcoin Demographics
    53:90 Can Gold be Disrupted?
    1:04:20 Should we Abolish The Federal Reserve?
    1:13:33 Is the Stock Market Overpriced?
    1:20:09 Principles to Grow Wealth
    1:25:30 Steelmanning Crypto
    1:36:17 Closing & Disclaimers

    ------
    RESOURCES

    Peter Schiff
    https://x.com/PeterSchiff  

    Peter Schiff Youtube
    https://www.youtube.com/@peterschiff  

    SchiffGold
    https://www.schiffgold.com/  

    ------
    Not financial or tax advice. See our investment disclosures here:
    https://www.bankless.com/disclosures ⁠ 

    Bankless
    enSeptember 09, 2024

    ROLLUP: Trump’s DeFi Project | CFTC vs. Uniswap | Brazil Bans Twitter | Coinbase AI | Polymarket & Bloomberg

    ROLLUP: Trump’s DeFi Project | CFTC vs. Uniswap | Brazil Bans Twitter | Coinbase AI | Polymarket & Bloomberg

    This week in crypto, Trump’s new DeFi project sparked debate—is it legit or a grift? After the SEC, the CFTC targeted Uniswap—what’s going on with regulators?

    Brazil’s Twitter ban also made waves—what does it mean for free speech and crypto’s role in resisting censorship?

    Markets are asking if the 4-year cycle is dead, and Ryan has three takes on the lackluster crypto prices and what it could mean moving forward.

    On the bright side, Polymarket is now on the Bloomberg terminal, and Coinbase is looking to bank the robots—an exciting step for AI and crypto.

    ------
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    ------
    TIMESTAMPS & RESOURCES

    0:00 Intro

    2:03 Markets
    https://x.com/Negentropic_/status/1830685688662040961 
    https://outlierventures.io/article/token-trendlines-2-bitcoin-halving-the-four-year-cycle-is-dead/ 
    https://x.com/RyanSAdams/status/1831316995691671641 
    https://x.com/Fiskantes/status/1831302629651042637 
    https://x.com/SplitCapital/status/1831317921089642915  
    https://x.com/iamDCinvestor/status/1831318267367145492 

    18:30 Trump revealed more about his DeFi project, World Liberty Financial! 
    https://www.worldlibertyfinancial.com/
    https://x.com/realDonaldTrump/status/1829141447087648796  
    https://x.com/lex_node/status/1831084542377206220 
    https://x.com/lex_node/status/1831105068952961399 
    https://x.com/nic__carter/status/1831145983847137451 
    https://x.com/worldlibertyfi/status/1831348462635397271 
    https://x.com/RyanSAdams/status/1829500453152837828 

    32:07 Brazil banned Twitter
    https://x.com/elonmusk/status/1829778143449698764 
    https://x.com/RyanSAdams/status/1831015509384364428 

    37:17 Binance exec Tigran Gambaryan entered Nigeria court on crutches
    https://x.com/_RichardTeng/status/1830869029705441553 

    41:47 Arbitrum released Stylus! 
    https://x.com/arbitrum/status/1831020553211089243 
    https://x.com/joeykrug/status/1831367181885698392 

    43:30 Euler V2 is back! 
    https://x.com/eulerfinance/status/1831331399619756375 

    48:03 Celestia releases technical roadmap
    https://blog.celestia.org/roadmap/ 

    48:39 Bloomberg added Polymarket election data to Terminal
    https://x.com/M_McDonough/status/1829166689516442043 
    https://x.com/shayne_coplan/status/1830984489259901203 

    50:13 CFTC charges Uniswap with illegal derivatives trading
    https://www.cftc.gov/PressRoom/PressReleases/8961-24 
    https://www.cftc.gov/PressRoom/SpeechesTestimony/phamstatement090424 
    https://x.com/MinarikLaw/status/1831363800542634459 

    53:11 AIs are now paying other AIs with crypto
    https://x.com/brian_armstrong/status/1829623778726592804 

    56:32 MEME of the Week
    https://x.com/TrustlessState/status/1831386476841726226  

    59:03 Closing & Disclaimers

    ------
    Not financial or tax advice. See our investment disclosures here:
    https://www.bankless.com/disclosures ⁠ 

    Bankless
    enSeptember 06, 2024

    Is the Ethereum Roadmap Off Track? | Max Resnick

    Is the Ethereum Roadmap Off Track? | Max Resnick

    Is the Ethereum roadmap… off track? Have we lost the plot? Are L2s running interference, intercepting all the users, transactions, and value from reaching the L1? And if all of this is real, and not just FUD, what should we do about it?

    We have Max Resnick on the show today, he's an Ethereum researcher working at Special Mechanism Group and he’s got some opinions that are contrary to what is typically found out of the Ethereum Rollup Centric Roadmap. 

    Max explains why Ethereum is breaking down on its vision for bringing the world onto decentralized, censorship resistant, permissionless blockchains, and suggests possible alternative directions.

    ------
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    ------
    TIMESTAMPS

    0:00 Intro
    5:08 Max’s Contrarian Take
    12:20 The State of Rollups
    17:59 Are L2s Extensions of Ethereum?
    27:52 What Needs to Change
    44:33 Based Rollups
    50:05 The Holy Grail Blockchain
    59:02 Scaling the L1
    1:05:29 Max’s Incentives
    1:09:53 Why Not Solana?
    1:14:06 Navigating ETH’s Roadmap
    1:18:05 ETH: The Asset
    1:22:15 Value Capture
    1:23:58 Call to Action
    1:26:43 Closing & Disclaimers

    ------
    RESOURCES

    Max Resnick
    https://x.com/MaxResnick1 

    Max Resnick Holy Grail Blockchain Tweet
    https://x.com/MaxResnick1/status/1826630256008331301  

    ------
    Not financial or tax advice. See our investment disclosures here:
    https://www.bankless.com/disclosures ⁠ 

    Bankless
    enSeptember 04, 2024

    Related Episodes

    52. From Bloomberg To Crypto (w/Camila Russo. Part 1)

    52. From Bloomberg To Crypto (w/Camila Russo. Part 1)

    Camila Russo is a Chilean-American financial journalist. In 2020 she founded The Defiant, a media platform that has quickly become one of the most trusted and respected news sources in the world of decentralized finance, more known as crypto. 

    You’ve heard of crypto. You’ve heard of Bitcoin. You’ve heard of Doge. If you’re into sports you’ve probably heard of the digital collectible sports cards. You may have even heard of the mysterious non-fungible tokens, the NFTs. It’s the cutting edge of finance and technology and to most people, it sounds like the intersection of digital witchery and Ponzi schemes and there is certainly a good share of speculation and let’s be honest unkosher activity in that field and yet, many believe it’s the future. Full disclosure, I do. But I’m not here to sell you on it, as they say, do your own homework. 

    What I am excited to do - it to introduce you to Camila. Who is not some TikTok “crypto influencer,” she is a real solid financial journalist, Northwestern grad, who cut her teeth at Bloomberg and now she is focusing on crypto. It makes me extra happy that a woman, an immigrant, and a Latina is at the helm of the best platforms in the space.  

    And while I’m on this fangirl kick over here... I want to tell you about Camila’s book - The Infinite Machine, which was published by HarperCollins in 2020 and is a great introductory book for anyone who is curious in this space. It’s the first book on the history of Ethereum. It’s an easy and exciting read because besides breaking down the basics of what crypto is - the book focuses on the stories of the people, who are building this future technology.

    FIND CAMILA:

    https://thedefiant.io/

    https://twitter.com/camirusso

     

    FIND WE THE ALIENS PODCAST:

     www.WeTheAliensPod.com

    YouTube, Facebook, Instagram, Twitter, TikTok, and on Clubhouse

     

    Email to wtapodconnect@gmail.com

     

    ASK YOUR FRIENDLY RUSSIAN on TikTok

     

    MUSIC: "My country" courtesy of Ben Bostick  www.benbostick.com

    ABOUT WE THE ALIENS PODCAST:

    We The Aliens podcast hosts conversations with IMMIGRANTS from all over the world who came to the US and found their path to the American Dream. No matter what their status is - undocumented, DACA recipient, permanent resident (green card holder), naturalized citizen - all are welcome here. We talk about the challenges of leaving the home country, finding the legal path, finding a way to belong in the new world, building a career, finding love, and sustaining the family traditions. We talk about IMMIGRATION as a process of growth and self-discovery, adaptation, overcoming cultural shocks, and fighting racial and ethnic stereotypes. We talk about the great contributions that immigrants make to the American economy, culture, science, and society. We also feature stories of the first-gens, FIRST GENERATION American-born, the third culture kids, who have their own set of struggles growing in between the cultures of their parents' home country and America. We talk about their battle to find their identity and carve their path while redefining what American is. We talk about philosophy, psychology, culture, language, and history. We also talk about the news of the day, things that we all worry about - but in the context of the immigrant perspective. If you love NPR, This American Life, The Daily, and Pod Save America, if you read Forbes, LA Times, The Atlantic, and New York Times, if you watch John Oliver, Bill Maher, Stephen Colbert, and/or Trevor Noah, if you are a Twitter and Clubhouse addict because you want to be closer to people,  if you, your spouse, your parent, or your grandma is an immigrant-alien and you know that you and they came to this country to build and contribute, and you can’t stand discrimination and belittling of their lives and contributions - this podcast is for you.

    Generating Revenue FOR Your Audience (305)

    Generating Revenue FOR Your Audience (305)

    In Web 3.0, is it possible to not only generate revenue for yourself through content creation, but for your audience as well? I think this is actually a thing, and maybe we need to begin planning for it.

    -------

    See all Content Inc episodes at the Content Inc. podcast home.

    Get more by subscribing to TheTilt.com newsletter.

    Order the new version of Joe's best-selling book today - Content Inc.: Start a Content-First Business, Build a Massive Audience and Become Radically Successful (with little to no money)

     

     

    zsQ92p1URxq4xqtMVX3I

    zsQ92p1URxq4xqtMVX3I

    Are Music NFTs the Future? with M Shadows | Overpriced JPEGs #14

    Are Music NFTs the Future? with M Shadows | Overpriced JPEGs #14

    In this episode, Carly’s talking to M Shadows aka Matt Sanders, front man for Avenged Sevenfold, the world renowned rock & metal band. Matt explains the complexities of bridging music and NFTs, what he’s learned building Avenged Sevenfold’s NFT project—Death Bats Club, his vision for the future of both spaces, and SO much more!

    Matt and his band are on the cutting edge of innovation around web3’s artist—fan relationship. A legend in his own right and a very early adopter to web3 and NFTs, Matt’s crossover expertise in music and blockchain runs deep.

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    🎙️ SUBSCRIBE TO PODCAST
    APPLE: https://podcasts.apple.com/us/podcast/overpriced-jpegs/id1591954323 
    SPOTIFY: https://open.spotify.com/show/5G2HSDneVg8mZUQ3zUIoLX?si=6d57ee1f89184974 

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    BANKLESS SPONSOR TOOLS:

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    ------
    Topics Covered:

    0:00 Intro
    4:20 Revolutionizing the Music Industry
    8:45 Decentralized Streaming
    14:38 Security Laws
    20:55 Death Bats Club
    25:16 Learnings From NFT Launch
    30:55 Fanbase Education
    33:18 Financial Breakdown
    40:13 Why Matt Prefers NFTs to Patreon
    48:43 NFT Ticketing
    53:00 Should All Artists Do NFTs?
    57:02 Music Monopolies?
    1:03:05 Matt’s NFT Journey
    1:08:35 Polychain Investing
    1:13:04 Music Industry Deepdive
    1:31:30 Matt’s New Podcast - Trax

    ------
    Resources:

    Matt’s Twitter
    https://twitter.com/shadows_eth 

    Death Bats Club
    https://twitter.com/DeathbatsClub 

    Avenged Sevenfold’s New Podcast
    https://www.youtube.com/playlist?list=PLxwut3Z6TTiG5DM5s_e7eEr59xPgkMkkl 

    -----
    Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

    Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
    https://newsletter.banklesshq.com/p/bankless-disclosures 

    Season 3 - Ep. 3 - Productizing R&D w/ Juan Benet

    Season 3 - Ep. 3 - Productizing R&D w/ Juan Benet

    ✨ Subscribe to the Green Pill Podcast ✨
    https://pod.link/1609313639

    🟢 Get the GreenPilled Book 🟢
    https://greenpill.network/ 

    🟢 NEW!  Greenpill NFTs 🟢
    https://pods.media/greenpill

    Apple Show Link
    https://podcasts.apple.com/podcast/id1609313639

    Spotify Show Link
    https://open.spotify.com/show/0l6aXWC94dd0RA3tkKfxjd

    🟢🟢🟢Show your support on twitter 🟢🟢🟢
    https://twitter.com/carl_cervone 
    https://twitter.com/owocki
    https://twitter.com/juanbenet
    -----
    TIMESTAMPS:

    00:00 Intro Opening Remarks
    03:18 Intro Juan and Carl
    03:35 Juan on Productizing R&D
    14:20 Kevin Recap, Juan muses on Public vs Private Iterations
    30:45 Primitaves Juan is excited about
    40:47 How to demand the initial demand signal?
    49:47 What does this look like in 10 years?
    54:50 Anything else? (oh yeah!)
    58:02 Thank you Juan
    59:26 Closing Thoughts

    -----
    SOCIALS:

    🐦Twitter - https://twitter.com/greenpillnet 
    🎵 TikTok - https://www.tiktok.com/@greenpill.network
    💼 LinkedIn - https://www.linkedin.com/company/91100841 
    🎧 Discord - https://discord.gg/greenpill 
    📞Telegram - https://t.me/+g9TM8i7GpxAzMGUx

    -----
    Music by WABI SABI - snowflake - https://thmatc.co/?l=7786B012 
    -----
    Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

    Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Greenpill team writers hold crypto assets.

    8 - How to go Bankless

    8 - How to go Bankless

    Episode: #8
    April 20, 2020

    Where the rubber meets the road... this episode is all about both the mental mindset and the actual tools needed to go Bankless. 
     
    Bankless is a state of mind! It's a lifestyle centered around independence and freedom! This episode discusses the tools that you can use in your life to support that mindset and enable Bankless growth. 

    How to go bankless:
    1. Start with why (“goals”)
    2. Set a weekly plan (“process”)
    3. Start doing things (“implement”)
    4. Measure outcomes (“measure”)

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    Tools from our sponsors to go bankless:

    -----
    Episode Actions:

    1. Set goals & commit to level-up weekly
    2. Read articles:
    3. Download Argent Wallet
    4. Set up your own ENS name
    5. Give Bankless 5 stars on iTunes

    -----
    Subscribe to podcast on iTunes | Spotify | YouTube | RSS Feed

    Leave a review on iTunes

    Share the episode with someone you know!

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    Don't stop at the podcast!

    Subscribe to the Bankless newsletter program

    Visit official Bankless website for resources

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