

Less Noise, More Signal
Pascal
Welcome to Less Noise, More Signal. In a world saturated with news, hype, and endless chatter, finding clarity can seem like searching for a needle in a haystack. I have taken on this challenge and made it my mission to cut through the noise by amplifying the signal.Who am I? I am Pascal Hügli. With a background in political philosophy, a career in investment management, and a deep expertise in Bitcoin and digital assets, I am here to explore the ideas and connections that others do not bother to see. It’s not just about finding the right answers; it’s about asking the right questions.In each episode, I interview the most insightful thinkers in their respective fields. Every guest contributes a vital piece to the puzzle, helping us form a clearer picture of the forces shaping our world of macro, finance, and money.Listen in as my guests and I tilt the balance from noise to signal, one podcast episode at a time. Let’s cut through the clutter and focus on what truly matters. Ready to elevate your understanding? Let’s dive in.
Episodes
Mentioned books

Sep 18, 2025 • 53min
How your house can help you get ONE Bitcoin
In this conversation, Pascal Hugli with Joe Consorti and Smeet Bhatt, co-founders of Horizon, discuss the innovative financial product Horizon, which allows homeowners to tap into their home equity to invest in Bitcoin. They explain the mechanics of home equity investments, the potential market size, and the risks involved. They emphasize the importance of Bitcoin as a long-term investment and how Horizon aims to bridge the gap between traditional home equity and cryptocurrency investments. The discussion also touches on the evolving perception of Bitcoin in mainstream media and its growing acceptance as a legitimate financial asset. Chapters: 00:00 Intro 01:43 Introduction to Horizon and Its Founders 03:57 The Right Time for Bitcoin Innovations 11:47 Horizon: Bridging Home Equity and Bitcoin 16:42 Understanding Home Equity Investments 21:26 Customer Demographics and Use Cases 31:17 Risks and Considerations for Homeowners 39:08 Self-Custody and Future Developments 43:17 Market Potential and Future Outlook Check out our sponsor👇 mining.blockwaresolutions.com/lnms Blockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! Get $100 off your first miner with discount code LNMS🔥 Follow Joe Consorti: https://x.com/joeconsorti Follow Smeet Bhatt: https://x.com/smeet_bhatt Follow me👇 Twitter - https://x.com/pahueg Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8 Get the latest in finance, crypto, and Bitcoin. Our newsletter provides clear, concise and actionable insights. Don't miss out—check out our Newsletter and subscribe today! 🔥⬇️ https://substack.com/@lessnoisemoresignal Bitcoin Book 👇 Order from Europe: https://www.amazon.de/dp/1967693013 Global: https://www.amazon.com/-/de/dp/B0F9W8Y283 Thank you for subscribing to our channel! We’re excited to have you with us! #Horizon, #bitcoin, #homeequity, #investment, #financialinnovation, #cryptocurrency, #mortgage, #homeowners, #marketanalysis, #financial tools

Sep 16, 2025 • 41min
Market analyst Caleb Franzen: A key risk going forwards is interest rate volatility
In this conversation, Pascal Huegli and Caleb Franzen discuss their background in wealth management and the founding of Cubic Analytics. They delve into macroeconomic trends, particularly focusing on inflation, monetary policy, and the dynamics of risk assets like equities and Bitcoin. They emphasize the importance of understanding inflation metrics, the impact of tariffs, and the current state of the labor market. They also share insights on technical analysis, investment strategies, and the overall bullish sentiment in the market despite some economic softness. Chapters:00:00 Intro 01:40 Understanding Inflation Dynamics02:09 Analyzing Recent CPI Data05:46 Inflation Metrics and Concerns07:08 Impact of Tariffs on Inflation09:47 PPI vs CPI: Understanding the Differences11:39 What is the market focused on?14:53 Expectations for Further Rate Cuts16:19 Types of Rate Cuts and Market Implications19:39 Understanding Market Sentiment22:37 Volatility Risks in Monetary Policy24:19 Identifying Bull Market Trends27:48 Technical Indicators for Investors30:39 Using the Williams Percent R Oscillator33:54 Confluence of Indicators in Trading35:09 Final Thoughts on Market Conditions Check out our sponsor👇mining.blockwaresolutions.com/lnmsBlockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! Get $100 off your first miner with discount code LNMS🔥 Follow Caleb Franzen and check out his insightful newsletter below👇https://x.com/calebfranzenhttps://cubicanalytics.substack.com Follow me👇Twitter - https://x.com/pahuegNostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8 Get the latest in finance, crypto, and Bitcoin. Our newsletter provides clear, concise and actionable insights. Don't miss out—check out our Newsletter and subscribe today! 🔥⬇️https://substack.com/@lessnoisemoresignal Bitcoin Book 👇Order from Europe: https://www.amazon.de/dp/1967693013Global: https://www.amazon.com/-/de/dp/B0F9W8Y283 Thank you for subscribing to our channel! We’re excited to have you with us! #CubicAnalytics, #inflation, #monetarypolicy, #interestrates, #Bitcoin, #markettrends, #economicgrowth, #technicalanalysis, #investmentstrategies

Sep 11, 2025 • 43min
Macro economist Henrik Zeberg: The largest bubble ever is about to pop
In this conversation, Pascal Hugli and Henrik Zeberg discuss the current economic landscape, emphasizing the inevitability of economic cycles and the importance of leading indicators in predicting recessions. They critique the notion that 'this time is different' in economic contexts, arguing that historical patterns tend to repeat. The discussion also covers the dynamics of digital assets, particularly the role of Ethereum in market movements, and the potential for an upcoming recession as economic indicators show signs of slowing down. Chapters: 00:00 Intro 01:17 Economic Realities and Misconceptions 07:05 Leading Indicators and Economic Predictions 13:50 Understanding Economic Cycles and Indicators 21:57 Counterarguments and Economic Resilience 30:02 The Everything Bubble and Future Predictions 35:49 Digital Assets and Market Dynamics Follow Henrik Zeberg: https://x.com/HenrikZeberg Follow me: Twitter - https://x.com/pahueg Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8 Check out our sponsor: mining.blockwaresolutions.com/lnms Blockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! Get $100 off your first miner with discount code LNMS🔥 Bitcoin Book 👇 Order from Europe: https://www.amazon.de/dp/1967693013 Global: https://www.amazon.com/-/de/dp/B0F9W8Y283 Thank you for subscribing to our channel! We’re excited to have you with us! #economy, #recession, #leadingindicators, #economiccycles, #digitalassets, #altcoins, #marketpredictions, #inflation, #housingmarket, #macroeconomics

Sep 4, 2025 • 50min
Trader legend Benjamin Cowen: All cycles ended after THIS happened
In this conversation, Pascal Hugli and Benjamin Cowen delve into the current state of the cryptocurrency market, focusing on Bitcoin's support levels, historical trends, and the implications of September seasonality. They discuss investment strategies for Bitcoin versus altcoins, the divergence between gold and Bitcoin, and the potential impact of midterm elections on market dynamics. The conversation also covers portfolio management techniques, the relevance of market cycle indicators, and the outlook for Ethereum and other altcoins. Overall, the discussion provides valuable insights for investors navigating the complexities of the crypto landscape. Chapters:00:00 Intro01:34 Market Dynamics: Bulls vs. Bears02:52 Bitcoin's Support Levels and Market Predictions06:05 September Seasonality: Historical Trends and Expectations08:43 Bitcoin vs. Altcoins: Market Dominance and Investment Strategies11:52 Bitcoin-Gold Divergence15:03 S&P 500: Outlook17:46 Political Influences: Midterm Elections and Market Behavior20:38 Trading Strategies: Timing the Market for Q4 Rally26:17 Ethereum's Role in Altcoin Performance30:22 Solana and Altcoin Dynamics32:10 Realistic Price Expectations for Altcoins37:17 Navigating Market Cycles and Risk Management40:00 Indicators and Market Top Predictions43:07 Optimizing Crypto Portfolios with Modern Portfolio Theory Follow Benjamin Cowen: https://x.com/intocryptoverse Visit Into the Cryptoverse and use code SEPT15 for 15% off for the month of September.https://intothecryptoverse.com/Follow me: Twitter - https://x.com/pahueg Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8 Check out our sponsor: mining.blockwaresolutions.com/lnms Blockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! Get $100 off your first miner with discount code LNMS🔥 Bitcoin Book 👇 Order from Europe: https://www.amazon.de/dp/1967693013 Global: https://www.amazon.com/-/de/dp/B0F9W8Y283 Thank you for subscribing to our channel! We’re excited to have you with us! #Bitcoin, #cryptocurrency, #markettrends, #investmentstrategies, #altcoins, #Ethereum, #S&P500, #economicindicators, #portfoliomanagement, #gold

12 snips
Sep 1, 2025 • 1h 7min
Glassnode co-founder: The real bitcoin top was in July
Yann Allemann, co-founder of Glassnode and SwissBlock, dives into the intricate world of Bitcoin and altcoins, blending engineering prowess with economic insights. He highlights liquidity as a crucial market indicator and its impact on trading strategies. Yann discusses the evolution of cryptocurrency trading, analyzing market phases and the role of major holders, or whales. He provides frameworks for understanding altcoin season dynamics and how macro factors influence the cryptocurrency landscape, offering valuable tips for navigating current market conditions.

6 snips
Aug 28, 2025 • 1h 10min
Market structure expert Tyler Neville: Welcome to Weimar America
Tyler Neville, a macro expert and market structure analyst, dives into the troubling state of the financial system, calling it 'Weimar America.' He discusses the impact of government policies and corporate buybacks on investment strategies. With a long-term bullish outlook, he navigates risk management and presents Bitcoin as a potential safe haven amid economic turmoil. Tyler also reflects on the complexities of market dynamics and the shifting landscape of macroeconomics while pondering the future of currency in a changing world.

9 snips
Aug 21, 2025 • 1h 16min
Macro thinker Mel Mattison: The next big driver of this bubble is unlocking financing in US housing
Mel Mattison, a seasoned writer, investor, and fintech executive with over 25 years in financial infrastructure, discusses the current economic landscape with Pascal Hugli. They delve into the influence of AI on growth, the disconnect between financial markets and the real economy, and the effects of tariffs on inflation. Mel shares insights on housing market dynamics, the implications of rising energy costs, and strategies for navigating market volatility. The conversation wraps up with predictions about interest rates and future investment opportunities.

Aug 14, 2025 • 43min
Head Strategist at Tether Gabor Gurbacs: We are rebuilding the entire capital market stack
In this engaging discussion, Gabor Gurbacs, CEO of Hedron by Tether, and strategy visionary at Tether, shares insights into the revolutionary changes in capital markets. He emphasizes the power of tokenization and Bitcoin in reshaping financial systems. The conversation dives into the challenges posed by traditional finance and regulatory hurdles facing stablecoins. Gurbacs also explores how blockchain can enhance asset ownership and liquidity, pushing towards an inclusive and efficient financial landscape. Tune in for a glimpse into the future of investing!

Aug 7, 2025 • 1h 20min
Climate tech investor Daniel Batten: Bitcoin is absolutely critical to the green energy transition
Daniel Batten, a climate tech investor and Bitcoin mining analyst, discusses the pivotal role of Bitcoin in the green energy transition. He debunks environmental myths, revealing how Bitcoin mining can actually support renewable energy initiatives. Batten emphasizes Bitcoin's potential to empower underserved communities and improve financial literacy. He also explores Bitcoin’s disruptive technology status and its regional benefits, while advocating for a clearer understanding of its governance and social implications.

10 snips
Jul 31, 2025 • 33min
Mexican billionaire Ricardo Salinas: Bitcoin is like your house - just see its value go up!
In this engaging discussion, Ricardo Salinas, the visionary CEO of Grupo Salinas and advocate for financial freedom, advocates for Bitcoin's potential as modern digital gold. He emphasizes the need for education in achieving financial independence while sharing corporate strategies for investing in Bitcoin. Salinas critiques government interference and highlights its impact on personal liberty. He stresses continuous learning and social initiatives to foster understanding of Bitcoin, advising the community on privacy and long-term investment approaches, akin to owning property.