CoinDesk Podcast Network

The podcast dives into Bitcoin's unpredictable Thanksgiving-to-Christmas performance, revealing a 50/50 coin toss since 2012. It hilariously discusses the complexities of trying to convert skeptical family members into Bitcoin enthusiasts. The hosts highlight 2020 as the best year for holiday gains and explore the impact of the 2017 bull run. Practical tips are given, including the merits of dollar cost averaging and using ETFs to make the onboarding process smoother for older relatives. It's a fun blend of crypto insights and family dynamics.

This week, the hosts dive into the U.S. government's Operation Red Sunset, targeting Bitmain over national security. They discuss record-low hash prices and the impact on small miners shutting down operations. There's buzz around Hive's $300 million offering for expansion and Tether's renewed investment in BitDeer. Gamers express frustration as DDR5 RAM prices skyrocket, driven by AI demand, while critiques of Cardano's recent outage raise eyebrows. The blend of market strategies and tech challenges keeps the conversation lively!

Texas is making waves by purchasing $5 million of BlackRock's bitcoin ETF, signaling a potential shift towards state-level crypto reserves. Meanwhile, ARK Invest is aggressively adding to its crypto portfolio, snagging millions in major companies. The discussion also touches on challenges in predicting market regulation and the complexities of compliance amid evolving state laws. With Bitcoin nearing $87,800, the market is buzzing with speculation about federal crypto investments and what states might follow Texas's lead.

Matt Cole, Chairman and CEO of Strive, a Bitcoin treasury company and asset manager, dives into the challenges and strategies of corporate Bitcoin treasuries. He highlights Strive's structural edge, allowing for amplified Bitcoin exposure through preferred equity. With expectations of 30% annual returns, he discusses the normalcy of volatility and why capital gains taxes hinder Bitcoin's role as actual money in the U.S. Matt emphasizes the need for Wall Street to innovate in Bitcoin credit ratings, making a strong case for a bullish future.

MicroStrategy pauses its six-week Bitcoin buying spree as its stock trades 70% below its all-time high. A massive $1.76 billion bet on Bitcoin's future signals market optimism, targeting prices between $106k and $112k. Meanwhile, XRP sees a nearly 7% surge, fueled by ETF launches and significant inflows. With XRP breaking key resistance levels, the market is buzzing with excitement about its potential. Tune in for insights on the latest trends in cryptocurrency!

In this discussion, Michael Saylor, Founder and Executive Chairman of MicroStrategy, shares intriguing insights on Bitcoin's current price near $80,000, labeling its volatility as 'Satoshi's gift.' He emphasizes the need for investors to adopt a long-term strategy, ideally spanning four to ten years. Saylor defends MicroStrategy's robust financial health against market anxieties while highlighting the importance of digital capital and financial sovereignty. His perspective underscores a growing global demand for self-sovereign money and crypto custody.

In this discussion, Beimnet Abebe, Head of Credit Trading at Galaxy, shares insights on the recent crypto market downturn. He attributes it to whale profit-taking, technical breakdowns, and investor fatigue. Abebe delves into defining real value in crypto, highlighting key technical markers. He also outlines the impact of recent liquidations and discusses how liquidity profiles are shifting. Finally, he speculates on future market stabilization factors, emphasizing the importance of structural equity flows and macroeconomic indicators.

Steve Barbour, Founder and CEO of Upstream Data, shares insights on Bitcoin mining's evolving landscape. He discusses mining economics, emphasizing the critical role of energy partnerships and the impact of new ASIC models. Steve argues Bitcoin mining thrives at marginal energy sites and highlights the importance of operational efficiency and renewable energy in achieving sustainable business models. He also sheds light on the challenges of repurposing mining infrastructure for AI, and shares thoughts on the dynamics of oil markets and emerging technologies.

Elon Musk's D.O.G.E. department is officially dissolving, yet Dogecoin is seeing a surprising surge, spurred by the news of a DOGE ETF from Grayscale. Meanwhile, in the mining sector, profitability is declining as miners in Xinjiang utilize surplus power amid a record-low bitcoin hash price. BlackRock's IBIT is making waves, controlling nearly 70% of ETF trading, even as institutional redemptions hit $3.5 billion. As the crypto landscape shifts, excitement and uncertainty coexist in equal measure.

Michael Saylor, Co-founder and Executive Chairman of MicroStrategy, is a leading Bitcoin advocate known for his corporate Bitcoin strategy. He discusses Bitcoin's recent decline to nearly $80,000, referring to its volatility as 'Satoshi's gift' and emphasizing its role in enhancing long-term investment returns. Saylor advises a four-to-ten-year investment horizon and defends his company's financial stability against market concerns. He also critiques alarmist reactions to index exclusions and highlights the enduring fundamentals of Bitcoin.