The Wolf Of All Streets Altcoins Pump Hard - Will Trump Make Crypto History This Week? | Mark Yusko
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Jul 17, 2025 
In this engaging discussion, Mark Yusko, founder of Morgan Creek Capital Management and an early Bitcoin advocate, dives into the thrilling resurgence of altcoins, especially Ethereum, amidst significant legislative milestones. He explores the potential impact of the GENIUS Act and how recent Bitcoin highs may influence market dynamics. Yusko also reflects on the evolving perceptions of cryptocurrency and its legitimacy, pairing light-hearted banter with serious market insights, including innovative strategies like MicroStrategy's Bitcoin investments.
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Regulatory Momentum Boosts Altcoins
- Current altcoin price rises are driven largely by ongoing Congressional support for crypto legislation.
- The upcoming Genius Act creates momentum impacting market confidence and government involvement in crypto.
CIA Backdoor Bitcoin Theory
- Mark Yusko recalled his 2013 suspicion that Bitcoin might have a CIA backdoor due to the origin of its name meaning intelligence.
- He later learned from a Bitcoin whitepaper author that Bitcoin's air gap security makes such a backdoor impossible, unlike Ethereum.
Bitcoin Support Reset & Demand Surge
- Bitcoin holders have rotated, with many selling or shifting into Bitcoin treasury companies, creating a new base of support.
- New institutional buyers and regulatory clarity have set Bitcoin up for a potential hyperbolic price rise unlike any other crypto asset.