The DeFi Report
Michael Nadeau
Our weekly show is hosted by Michael Nadeau (The DeFi Report) and Ryan Sean Adams (Bankless). Each week, we discuss how we approach managing our own portfolio and the data, research, and analytical frameworks that inform those decisions — for educational and informational purposes.
Episodes
Mentioned books
Jan 7, 2026 • 38min
Our Outlook for 2026
Explore the intriguing outlook for 2026, focusing on tightening liquidity and shifting fiscal flows. Discover why rate cuts might not be bullish for crypto despite market expectations. Uncover insights on Bitcoin's sensitivity to real rates, labor market trends, and the current real estate shift towards buyers. As they analyze the crypto cycle, expect discussions on a potential downside and the triggers that could change market dynamics. Geopolitical factors also play a crucial role, potentially impacting financial stability.
15 snips
Dec 17, 2025 • 34min
Was the Fed Rate Cut a False Signal for Crypto?
Michael Nadeau, a long-term crypto investor and author, discusses the implications of the Fed's recent rate cut and T-bill purchases. He argues that this move does not indicate a real easing in the market. Michael shares his risk-off strategy of maintaining 80% cash and outlines key indicators he monitors before shifting to a risk-on position. He delves into Bitcoin's on-chain metrics and explains how understanding cyclometrics can help signal market trends, including potential selling pressures stemming from cost-basis clusters.
