This week, Alex Kruger aka Krugermacro joins the show for a discussion on where we are in the current crypto cycle. With Bitcoin ripping above all-time highs, ETF flows strong & meme coins up only are thing getting a little too frothy too quick, or does this rally have much further to run? 

--

Follow Alex: https://twitter.com/krugermacro

Follow Avi: https://twitter.com/AviFelman

Follow Jonah: https://twitter.com/jvb_xyz

Follow 1000x: https://twitter.com/1000xPod

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

--

Perennial is an on-chain derivatives protocol built from first principles to be a DeFi primitive. The core protocol is minimalist, flexible, and efficient, allowing Perennial to mold to the needs of many different users & use cases.

Perennial has a super efficient core protocol that lets LPs use native maker leverage — allowing $1mn in TVL to back to $5-10mn in Open interest. Trade and LP at: https://perennial.finance/1000x

--

Timestamps:

(0:00) Introduction

(1:59) Trading Bull vs Bear Markets

(4:21) The FTX Blowup

(11:30) Where Are We In The Cycle?

(18:27) Trading Blow-Off Tops

(22:02) Perennial Ad

(23:34) The Bitcoin ETF Is Still Early

(29:30) Meme Coins

(39:49) There's A Lot Of Euphoria.. But Not In Alt's

(47:34) The Bitcoin Basis Trade

(51:08) Solana & The FTX Estate

--

Disclaimer: Nothing said on 1000x is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Avi, Jonah and our guests may hold positions in the companies, funds, or projects discussed.