The Bitcoin Layer
The Bitcoin Layer
The Bitcoin Layer is a premium markets research provider, covering bitcoin through a global macro lens | Research, Analysis, & Education
Featuring Nik Bhatia, author of the #1 Amazon bestseller Layered Money and USC Marshall School of Business professor.
Subscribe to our research publication and YouTube channel to learn about global macroeconomics, bitcoin, Lightning Network, the monetary and financial system, the Federal Reserve, interest rates, and geopolitics. Most importantly, develop a framework for understanding global markets—connect the dots between economic and financial concepts to see the bigger picture. Look no further for your bitcoin and macro education!
Featuring Nik Bhatia, author of the #1 Amazon bestseller Layered Money and USC Marshall School of Business professor.
Subscribe to our research publication and YouTube channel to learn about global macroeconomics, bitcoin, Lightning Network, the monetary and financial system, the Federal Reserve, interest rates, and geopolitics. Most importantly, develop a framework for understanding global markets—connect the dots between economic and financial concepts to see the bigger picture. Look no further for your bitcoin and macro education!
Episodes
Mentioned books
12 snips
May 24, 2025 • 53min
The Financial War Has Begun: Bitcoin, Stablecoins & the End of Eurodollars
Kane McGukin, a traditional wealth manager and Bitcoin expert, dives into the shifting landscape of global finance. He discusses the collapse of the Eurodollar system and the rise of stablecoins, likening them to Eurodollar 2.0. McGukin explains how Bitcoin is emerging as a crucial reserve asset in this new world, while treasuries and gold are being repositioned for strategic advantage. The conversation reveals how the financial plumbing is being weaponized and how liquidity is being reshaped, marking a significant change in the rules of global money.
15 snips
May 22, 2025 • 1h 2min
Bitcoin Blows Past $110,000—This Is the Candlestick Masterclass You Asked For
The discussion kicks off with Bitcoin's impressive leap past $110,000, emphasizing the power of candlestick patterns in market analysis. Key formations like the Three White Soldiers are dissected to reveal market sentiment. The influence of the 2024 election on Bitcoin’s trajectory is also highlighted, especially with a pro-Bitcoin candidate potentially impacting price. Listeners can expect insights into resistance levels, market dynamics, and how bullish trends are shaped by these intricate candle behaviors.
15 snips
May 20, 2025 • 23min
Bitcoin’s Bull Run Is Built on Liquidity—As Long as Treasuries Stay Calm
Explore how stability in U.S. Treasuries influences Bitcoin's 2025 bull market. Discover the interplay between treasury yields and Bitcoin liquidity, and how corporations are investing in Bitcoin to mitigate risks. Delve into the growing pressures across global markets, including the intriguing gold narrative from Europe. The podcast also addresses the ramifications of short positions in gold and the potential threats to financial stability, as well as the Federal Reserve's views on liquidity challenges.
10 snips
May 16, 2025 • 48min
Bitcoin’s Financialized Bull Market: What’s Driving the Price in 2025
This discussion dives deep into what factors are driving Bitcoin's price in 2025. The rise of ETFs and financial instruments is shaping a new bull market, taming volatility and changing trading dynamics. Institutional adoption is opening doors for significant capital flows and influencing market stability. Insights from the MVRV metric provide a lens on market movements, suggesting optimal buying times and potential corrections. The future of Bitcoin looks set to be less about wild boom-and-bust cycles and more about strategic financial engagement.
13 snips
May 15, 2025 • 45min
Bitcoin Is Now a Macro Asset—James Check Explains Why $150,000 Is Coming
Join on-chain analyst James Check, co-founder of Checkonchain, as he dives into the evolving Bitcoin landscape. He discusses the shift from mining-driven cycles to behavior-driven dynamics, emphasizing how corporate treasury strategies affect Bitcoin's future. Key insights include the psychological factors influencing investor confidence amidst price fluctuations and the significance of the $150,000 price target. With patience highlighted as essential, Check provides a compelling analysis of how macroeconomic trends are shaping Bitcoin's trajectory.
7 snips
May 9, 2025 • 34min
Bitcoin Is Opting Out. The Fed Is Just Holding the System Together.
The discussion reveals how the Federal Reserve impacts the financial landscape and the intricacies of interest rate changes. Insights into the yield curve shed light on investor reactions to market dynamics. The conversation dives into the political implications of the Fed's role in inflation management and how Bitcoin emerges as a strategic asset. Additionally, there's a critical examination of the 2% inflation target and the potential disruption Bitcoin poses to the traditional credit system, highlighting its transformative impact.
8 snips
May 7, 2025 • 37min
Bitcoin Mining Is Cleaning the Grid — Here’s the Truth
In this enlightening discussion, Bitcoin researcher Daniel Batten reveals the truth about Bitcoin mining and its environmental impact. He debunks common myths fueled by central banks and media, showcasing how miners are increasingly utilizing off-grid renewable energy. Batten discusses Bitcoin's role in stabilizing power grids, promoting electricity access in Ethiopia, and its potential for synergy with AI in energy management. He also highlights that over 80% of mining hardware is recycled, challenging perceptions of Bitcoin's e-waste.
6 snips
May 6, 2025 • 33min
I Went Down a Eurodollar Rabbit Hole with AI
Dive into the intriguing world of the Eurodollar system! Explore its historical roots and how U.S. banking regulations reshaped global finance. Discover the complex interplay of U.S. economic policies and China's Belt and Road Initiative, and how capital flows impact both nations. Uncover Hong Kong's pivotal role as a financial hub and its influence on international banking dynamics. This discussion links past decisions to today's financial landscape, providing insights into the ongoing global economic battles.
May 3, 2025 • 51min
Bitcoin Holds STRONG Amid Falling Treasury Yields
Nik Bhatia and Demian Schott discuss Bitcoin's impressive resilience amid economic slowdown. They analyze how declining Treasury yields and potential Fed rate cuts are shaping investment strategies. The conversation dives into the interaction between bond volatility and Bitcoin prices, emphasizing the importance of liquidity for market stability. They also touch on the global trade dynamics affecting inflation, alongside the impact of Eurodollar flows on consumer confidence and the stock market. A captivating exploration of macroeconomic influences on cryptocurrency!
Apr 30, 2025 • 1h 5min
China Grabs Gold As The U.S. Shuts Off Dollar Liquidity
Matt Dines, the Chief Investment Officer of Build and expert in financial history, joins to discuss gold's renewed significance in global finance. They delve into China's gold market influence and the ongoing trend of de-dollarization, exploring how tariffs affect dollar circulation. The fascinating interplay between gold, bitcoin, and dollar strength is highlighted, along with insights on the Eurodollar system and the financing of the Ukraine war. Dines also shares perspectives on the shifting roles of labor and capital in today's economy.
