The Milk Road Show

Delphi Digital's analysts dive into the recent $30 billion wipeout in the crypto market, citing October 10th as a pivotal moment. They discuss the macro signals indicating market fragility and how volatility spikes are linked to Bitcoin price dips. The conversation explores where Bitcoin might find a new fair-value range and examines the impact of MicroStrategy's funding strategies. Insights on surviving coins during market stress and potential catalysts for reversing negative sentiment are also shared.

Phong Le, President and CEO of Strategy, shares insights on Bitcoin-backed securities and their potential to influence Bitcoin's next rally. He explains how Strategy has pioneered new investment products like Stretch and Stride, making Bitcoin more accessible to retail investors. Le discusses the significance of preferred securities over traditional bonds and how they can drive institutional adoption. He also touches on the changing landscape of Bitcoin valuation and the future prospects for 2026, emphasizing the impacts of Wall Street on the crypto market.

Koroush AK, a trader and educator known for his insights on crypto trading, discusses the changing landscape of the market. He argues that traditional altcoin seasons may be over due to the overwhelming number of tokens. Koroush emphasizes the importance of disciplined investing and the benefits of a heavy Bitcoin allocation. He also shares trading strategies, including leveraging emerging narratives like privacy coins. Tune in for valuable insights on how to adapt to the new crypto reality!

In this discussion, Erik Voorhees, a Bitcoin pioneer and founder of ShapeShift, delves into the intriguing idea that cryptocurrency was designed more for AI than humans. He explains how institutional adoption is vital for Bitcoin's future and warns about the privacy risks with major AI services like ChatGPT. Erik advocates for a permissionless AI landscape and shares insights on his venture, Venice AI, aimed at offering a private alternative. He also speculates on the potential dominance of machine agents in crypto markets.

Data-driven crypto analyst Matt Crosby, from Bitcoin Magazine Pro, dives into Bitcoin's market dynamics and trends. He shares insights on whether the current bull market is peaking or just catching its breath. Discussing key factors, he highlights potential moves towards $160K–$175K driven by supply and institutional liquidity. He also introduces a new on-chain metric to track long-term holder distributions, explains fractal patterns indicating extended consolidation, and warns of risks amid bullish projections.

In this discussion, Cosmo Jiang, a General Partner at Pantera Capital and a key player in the Solana ecosystem, unveils how Solana might soar to a $2,000 valuation. He explores the growing attraction of institutions to Solana, contrasting it with retail investor trends. Jiang shares insights about Digital Asset Treasuries (DATs) and their role in boosting token value. He also highlights Pantera's pioneering efforts in developing a treasury strategy for Solana, positioning it for significant growth in the digital asset landscape.

John Wang, Head of Crypto at Kalshi, discusses the booming world of prediction markets, highlighting that Kalshi handled an impressive $4.5B in volume last month. He explains how prediction markets can rival meme coins by offering truth-pegged sustainability. John dives into liquidity, discussing user demographics and onboarding spikes driven by major events. He shares insights on crypto's relevance in prediction markets and reveals exciting future product plans, including new categories and a focus on a mobile app.

In this lively discussion, the Bitwise Boyz—Matt Hougan, Chief Investment Officer known for his macro insights, and Ryan Rasmussen, a Senior Strategist unpacking market structures—team up with Jesse Eckel, a popular crypto content creator. They explore why Bitcoin might be in a 'silent IPO' phase, discussing liquidity dynamics and the unexpected role of OG selling. Jesse shares retail sentiment while Matt emphasizes long-term institutional adoption. Together, they paint a picture of potential upcoming market shifts and evolving investor behavior.

In a world where crypto takes a backseat, AI steps into the spotlight as the main driver of investment narratives. Discover why altcoins are deemed uninvestable and the importance of focusing on major assets instead. Miners pivot their operations to support the AI boom, highlighting a new synergy. Kyle analyzes the potential for Bitcoin and stablecoins amid AI spending, and why low rates might signal a thrilling shift for crypto investors. Get ready to embrace a broader investment strategy that includes AI and infrastructure!

Scott Melker, known as 'The Wolf of All Streets,' delves into why Bitcoin's price remains stuck despite heavy selling pressure. He discusses the intriguing dynamics between Bitcoin miners and AI infrastructure, revealing how major tech partnerships are boosting miner valuations. The conversation also covers the institutional shift favoring Bitcoin and public crypto equities over altcoins, cautioning about potential altseason risks. Lastly, Scott shares his investment strategy, advocating for a measured approach to buying dips.