Supply Shock

James Seyffart, ETF Research Analyst at Bloomberg, & Matt Hougan, CIO at Bitwise, discuss the 2024 Bitcoin ETF approval, SEC hack, and Bitcoin ETFs' trading. They touch on ETH ETF possibilities, different models for creating Bitcoin ETF, and long-term implications of Bitcoin ETF approval.

Discussion on the Bitcoin ETF, potential impact on market and involvement of BlackRock and Grayscale. Exploration of Bitcoin mining, transaction fees and premium for public market proxies. Delve into price history after a split adjustment, SEC fine, and Bitcoin's significance. Comparison between crypto and religions, flaws of the fiat monetary system, special offer from Block Works Research and Y2K anecdotes. Federal Reserve's injection of half a trillion dollars, rise of MicroStrategy and concerns about running a $2 trillion deficit indefinitely.

Jim Bianco, Founder of Bianco Research LLC, joins the podcast to discuss macro, crypto, and predictions for 2024. They talk about the end of the bond bull market, inflation rates, Bitcoin ETF surge, state of crypto ETFs, decentralization, and the importance of change in forecasting.

The podcast discusses predictions for 2024, including potential collapse, 'Europeification' of America, and a slow decline in the US. They explore the concept of cryptocurrencies as a new commodity, specifically block space, and reflect on the value of dialogue and feedback in the investment industry.

Will Clemente and Felix Jauvin discuss macro and crypto trends heading into 2024, including inflation, interest rates, fiscal dominance, and the future of bull markets. They explore the intersection of macro and digital assets, positive catalysts for Bitcoin's future, and the shift in narrative between Bitcoin and Ethereum. Additionally, they touch on the use of Micro Strategy as a leveraged Bitcoin ETF and its potential future value.

The podcast discusses the current state of the crypto market and optimism for the future, challenges faced in the ecosystem, embracing struggle and growth, analyzing the stock market and cryptocurrency for the next year, the sustainability of the stock market, and the importance of community and collaboration in the space.

Eric Balchunas, Senior ETF Analyst at Bloomberg, joins the show to discuss the Bitcoin ETF. He shares his prediction of a 90% chance of approval in January and talks about the current things to look out for ahead of the SEC's decision. Other topics include the comparison between Bitcoin ETFs and Gold ETFs, the potential launch of other crypto ETFs, and the impact of the ETF launch on the market.

In this podcast, the hosts discuss the recent FOMC meeting and the Fed's pivot towards a dovish stance. They explore the impact of interest rates on asset prices and the ongoing debate about achieving a soft landing for the economy. They also talk about the Federal Reserve's current situation and potential outcomes, Chair Powell's evolution, and the potential consequences of crypto legislation proposed by Ms. Warren. Additionally, they delve into the Digital Asset Anti-Money Laundering Act and the need to address unhosted wallets. Lastly, the hosts share their critique of a cringe-worthy video by an organization and discuss its impact on their perception.

Tim Grant, CEO of Deus X Capital, discusses finding opportunities in crypto, Blackrock's ETF, web2 vs web3 business models, crypto's reflexivity, and the potential impacts of a Bitcoin ETF. They also touch on institutional interest in crypto, trends in the space, and the importance of talent for the industry's future.

The podcast discusses topics such as the relationship between price and narrative in the cryptocurrency market, Ethereum's transition to a business model, the value of physical presence in the workplace, upcoming crypto conferences, stock market accumulation patterns, BlackRock's involvement in the crypto space, and the potential benefits of Bitcoin as an asset.