The Milk Road Show

The podcast explores the shifting landscape of crypto as the era of easy money ends. Zeneca shares insights on why retail investors may not flood back and discusses the social excitement of NFTs. He emphasizes a strategic shift towards fewer, longer-term investments while navigating a choppy market. Among the risks, Zeneca warns about potential tech and AI market crashes. Excitingly, he highlights three sectors with promising opportunities for 2025: prediction markets, AI/robotics, and Base, along with his thoughts on token evaluations.

Matt Hougan, Chief Investment Officer at Bitwise, and Ryan Rasmussen, Senior Bitwise strategist, dive into the surprising strength of Bitcoin's market structure. They discuss recent shifts driven by major financial players and the importance of institutional engagement. The duo debates whether Bitcoin's sideways movement hints at a muted bear market or maturation. They explore macroeconomic drivers, predict potential all-time highs, and emphasize the need for better retail onboarding. Their insights illuminate a dynamic landscape for crypto enthusiasts.

Sid Powell, CEO of Maple Finance, discusses the intricate dynamics shaping the crypto landscape. He argues that Bitcoin isn't finished yet, citing key factors like liquidity and institutional demand for crypto lending. Sid explains how stablecoins fuel growth for crypto lending and how Maple adapts to challenges, including the October flash crash. He highlights opportunities in market downturns, the innovative use of AI for risk management, and the potential impact of regulatory changes like the Clarity Act. Sid's bullish outlook for 2026 views stablecoin expansion as pivotal.

Join macro analyst Matt Crosby, known for his insights in Bitcoin analysis, as he shares his shifting perspective on the market. He discusses the pivotal moment when Bitcoin broke the $100K mark and analyzes on-chain signals that triggered his cautious stance. Delve into Bitcoin's performance compared to gold, institutional flows, and critical price levels to watch, like $56K. Learn about the challenges of buying during capitulation and why a disciplined approach is essential in today's volatile climate.

Itamar Lesuisse, Founder and CEO of Ready, dives into the future of finance through self-custody and crypto neobanks. He explains how wallets are evolving into full-fledged banks that reward users while cutting out intermediaries. Itamar also discusses the rapid growth of institutional demand for cryptocurrency and the shift in user behavior from holding assets to spending them. With exciting plans for expanding services to include diverse currencies and investments, he shows how AI might reshape financial interactions, making them more accessible for everyone.

Arthur Hayes, the former CEO of BitMEX and adept crypto macro analyst, shares his insights on Bitcoin's recent decline and forecasts an impending market surge fueled by liquidity. He explains how ETF dynamics have masked underlying liquidity issues and why he believes the market's bottom is already in. Arthur emphasizes the importance of focusing on U.S. dollar liquidity and offers guidance for retail investors on navigating altcoins and avoiding pitfalls of leverage. He also discusses the bullish implications of current financial policies and economic trends.

Avichal Garg, co-founder of Electric Capital and a crypto policy advocate, joins Jesse Eckel, a crypto investor and analyst, to explore the bullish potential for the next 18 months in the crypto market. They discuss how bearish sentiment may mislead market perceptions, the shift from retail to institutional investment dynamics, and the importance of developer activity as an investment signal. They also highlight the intersection of crypto and AI, practical innovations in the field, and long-term macro drivers shaping the market's future.

Fefe Domeni, a renowned content creator and host of Crypto Mentor, shares his insights on the recent Bitcoin bounce. He discusses his bearish outlook since October, warning that current market movements could be traps for unsuspecting traders. Fefe breaks down crucial market-structure signals and emphasizes the importance of technical analysis over macro narratives. He outlines key market cap levels to watch and reveals which assets he plans to invest in by 2026, including Bitcoin and Solana. Don't miss his trading advice on waiting for daily confirmations!

David Duong, Head of Institutional Research at Coinbase, dives deep into the current state of the crypto market following a significant crash. He explains why liquidity is the key indicator to watch, detailing its 110-day lag effect on price movements. Duong discusses the psychological impact of the four-year cycle and how miner behaviors and ETF dynamics have changed selling pressures. He also examines whether AI investments are diverting capital from crypto and explores the market's potential mispricing of upcoming economic shifts.

In this episode, Johann Kerbrat, Senior VP at Robinhood Crypto, dives into the company's strategic moves like the Bitstamp acquisition and their innovative Ethereum L2 plans. He emphasizes how tokenization will revolutionize finance and discusses the importance of user-friendly design in crypto. Johann also critiques the accredited investor model, advocating for broader access to private markets. Plus, he shares insights on Robinhood's roadmap towards becoming a comprehensive financial super app, integrating advanced AI tools for better user experiences.