Raoul Pal: The Journey Man

Thousands of wallets holding Solana, one of the world’s top 10 cryptocurrencies by market capitalization, have been targeted by hackers in an ongoing attack. Initial reports suggested $580 million was stolen, but this estimate has been revised much lower. Still, that security firms still can’t put a figure on how much is at issue is itself a not-good sign. Nico Brugge and Ash Bennington lead today’s Real Vision Crypto Daily Briefing with an update on this developing story. Nico and Ash also talk about the $200 million Nomad cross-chain bridge hack, a change in roles for one of the biggest crypto proponents in the TradFi world, and the lingering impediments to institutional adoption of crypto. Nico and Ash break down a conversation on the latter topic between Ben Whitby, the chief compliance officer at Qredo, and Anatoly Crachilov, the CEO of Nickel Digital Asset Management. Learn more about your ad choices. Visit podcastchoices.com/adchoices

U.S. regulators are tightening the screw on crypto scams, with the Securities and Exchange Commission filing civil charges against 11 people involved in a scheme called Forsage. The regulators allege the primary way retail investors in the scheme, worth some $300M, made money was through attracting new people on board. Real Vision's Ash Bennington and Moritz Seibert also look at a new global crypto regulation index (guess what country came out on top?) and the jewelry maker Tiffany tying the knot with CryptoPunks in an NFT collaboration. Plus, Ash asks Moritz to do a deep dive into his interview with Kai Wu, all about value investing in the crypto space, with key takeaways at the end. Send us your questions in the chat! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cryptocurrency prices are rising, but there are some conflicting signals coming from the market. According to Dean Carr, "It's a patience game." Carr, the founder of C The Light Trading, breaks down charts of Bitcoin, Ethereum, and other altcoins on his watch list, taking a technical approach to illustrate his main point. Carr thinks we need to see more upside rotation over multiple time frames to confirm a trend is in place before we enter new trades. And we may get some great short- to medium-term opportunities if we see those confirmations. Carr adds a note of caution: “The bear trend is in place until it isn't," and traders should be careful about "FOMO'ing in." Carr also shares the levels he’s watching for BTC, ETH, and other altcoins and explains how he analyzes risk-reward setups before he enters trades in a must-watch episode for traders and investors who appreciate the value of technical analysis. Recorded on July 26, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

How have ransomware cartels evolved over the last seven years? What does a day's worth of Ethereum transactions look like? How about the animated history of initial coin offerings – what does that tell us? Max Galka, the co-founder and CEO of blockchain analytics firm Elementus shares his insights on all that and much more with Real Vision’s Ash Bennington. Max describes stunning visualizations of blockchain data to illustrate his points. He and Ash also discuss the evolution of ransomware attacks and the connection between ransomware and blockchain technology. At this point, sophisticated ransomware crime groups have collected billions of dollars from victims, discouraging people from participating in the cryptoverse. Max is passionate about identifying these malicious addresses to stop criminal activity and facilitating the adoption of blockchain technology. Recorded on July 14, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

With US regulators reportedly cracking down not only on crypto exchanges Coinbase and Kraken, but also investigating the overall stablecoin industry, what does that mean for the average retail investor? Ari Redbord, Head of Legal and Government Affairs at TRM Labs, and David Nage, Portfolio Manager at Arca, join Real Vision's Ash Bennington to dig into just what this regulation might mean for the industry. Coinbase's share price has dropped nearly 20% and it's the second legal case against Coinbase in the last week. Meanwhile, Kraken is facing reports that the Treasury Department is investigating them for possibly violating US sanctions. Regulation is the name of the game this week and we have all the key takeaways you need. Recorded July 27, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this special update, Real Vision co-founder and CEO Raoul Pal breaks down the current macro environment and its effects on crypto, talks about whether the bottom is in, and explains what the Ethereum merge means for investors. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What makes Deribit one of the industry's leading platforms for crypto derivatives? Chief Commercial Officer Luuk Strijers gives Qredo's Ben Whitby a detailed look at what Deribit does, including how it structures and manages trades in this fast-moving market. Reacting to Luuk, Ben frames the company’s role as well as anyone: "I don't think the market would operate without [Deribit]." Luuk and Ben also discuss the direct fallout from the meltdown of Three Arrows Capital. Because 3AC was a shareholder, Deribit extended credit to the now-bankrupt hedge fund and is now one of the many creditor-claimants seeking a total of $2.8 billion of redress. "It was a painful lesson learned," Luuk notes. Despite the recent carnage, open interest is growing at Deribit, and he’s optimistic about how its approach will appeal to investors. What about Deribit makes it a favorite trading place for institutions and sophisticated traders? What's next for this thriving crypto options platform? Luuk and Ben address these questions and more in today's episode. Recorded on July 18, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bill Barhydt, co-founder and CEO of Abra, joins Ash Bennington on this week’s episode of Building Blocks to explain the risk-management components that make up Abra’s core system, the differences between DeFi lending versus CeFi lending, how each protocol can generate yield, and much more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cryptocurrency prices have rebounded from near-term lows. But does this bounce signal a trend reversal? Or is it just a relief rally? Here’s Francis Hunt’s answer: "I don't feel the long side is the safer side to be playing when you could have, at any point, dollar dominance reassert [itself]." In conversation with Real Vision's Marco Olivera, The Market Sniper breaks down what’s going on with the U.S. dollar, Bitcoin, and Ethereum. He notes that despite the dollar's recent pullback, it's trending higher over the long term. And technical analysis suggests it has more room to run. At the same time, Bitcoin is trending lower. And, of course, Hunt believes those who trade against the trend do so at their peril. He also discusses the U.S. Treasury market as well as the correlation between tech stocks and crypto. So, let’s say Bitcoin plunges; what targets does The Market Sniper have in his sights? What about Ethereum and other altcoins? He answers these questions and more in today's episode. For a look at our "One Minute Explainer" with Roger Hirst and Damian Horner featured in this episode, please head over to https://bit.ly/3Px0D1g. Recorded on July 19, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Following what seems like the longest of crypto winters, Bitcoin, Ethereum, and multiple altcoins are rallying to levels not seen since June. The question now is whether this is the “change in seasons” many investors have been waiting for. Santiago Velez, a co-founder and the head of research and development at Block Digital, and Imran Lakha, the founder of Options Insight, join Real Vision’s Elaine Ly to talk about recent price action for crypto’s heavyweights and what it means for the rest of the market. Santiago, Imran, and Elaine also cover revelations about the size and the scope of the debt and the debauchery at Celsius and 3AC as well as the fallout from more major layoff announcements by other major firms. Have questions for our panel? Drop them in the live chat – we want to hear from you. Learn more about your ad choices. Visit podcastchoices.com/adchoices