Podcasts about Bips

In this Confab, Max sits down with veteran journalists Rod Palmer and Richard “Dick” Greaser to take the pulse of Bitcoin culture after a year away from the fray. They dive into the surge of intra-community debates (from node client wars to “paper Bitcoin” angst), why pleb politics resemble bread-and-circuses, and how Maxi Madness—now running in parallel on Nostr and X—has evolved into a spirited, democratic spectacle that both celebrates and sharpens the culture.Max, Rod and Dick also explore the uneasy overlap of AI and Bitcoin: from “AI glaze” addiction and identity crises to why creativity and fun are strategic advantages, culminating in the debut of a powerful Maxi Madness anthem collaboration with singer Noah Grumman. Beyond the headlines, we talk cultural drift, keeping conviction amid price fatigue, and why playfulness, music, and building matter as much as technical progress. If you've felt the scene get too serious, this conversation is a reminder to have fun, create, and participate—because eternal glory awaits in Maxi Madness and beyond.Maxi Madness brackets and voting on X (Bitcoin Bugle) and Nostr (Primal), the bracket pick'em challenge, and prediction markets via PreX (Bitcoin-only).MAXI MADNESS SUPER LINK: https://maximadness.carrd.co/BUGLE NEWS WEBSITE: https://bugle.newsHELP GET SAMOURAI A PARDONSIGN THE PETITION ----> https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools DONATE TO THE FAMILIES ----> https://www.givesendgo.com/billandkeonneSUPPORT ON SOCIAL MEDIA ---> https://billandkeonne.org/VALUE FOR VALUEThanks for listening you Ungovernable Misfits, we appreciate your continued support and hope you enjoy the shows.You can support this episode using your time, talent or treasure.TIME:- create fountain clips for the show- create a meetup- help boost the signal on social mediaTALENT:- create ungovernable misfit inspired art, animation or music- design or implement some software that can make the podcast better- use whatever talents you have to make a contribution to the show!TREASURE:- BOOST IT OR STREAM SATS on the Podcasting 2.0 apps @ https://podcastapps.com- DONATE via Monero @ https://xmrchat.com/ugmf- BUY SOME STICKERS @ https://www.ungovernablemisfits.com/shop/FOUNDATIONhttps://foundation.xyz/ungovernableFoundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.As a sovereign computing company, Foundation is the antithesis of today's tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can't be evil”.Thank you Foundation Devices for sponsoring the show!Use code: Ungovernable for $10 off of your purchaseCAKE WALLEThttps://cakewallet.comCake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.Features:- Built-in Exchange: Swap easily between Bitcoin and Monero.- User-Friendly: Simple interface for all users.Monero Users:- Batch Transactions: Send multiple payments at once.- Faster Syncing: Optimized syncing via specified restore heights- Proxy Support: Enhance privacy with proxy node options.Bitcoin Users:- Coin Control: Manage your transactions effectively.- Silent Payments: Static bitcoin addresses- Batch Transactions: Streamline your payment process.Thank you Cake Wallet for sponsoring the show!MYNYMBOXhttps://mynymbox.ioYour go-to for anonymous server hosting solutions, featuring: virtual private & dedicated servers, domain registration and DNS parking. We don't require any of your personal information, and you can purchase using Bitcoin, Lightning, Monero and many other cryptos.Explore benefits such as No KYC, complete privacy & security, and human support.(00:00:00) INTRO(00:01:02) BOOSTS(00:02:13) THANK YOU FOUNDATION(00:03:00) THANK YOU CAKE WALLET(00:04:01) THANK YOU MYNYMBOX(00:05:31) What's the Scoop?(00:19:35) Saylor, Paper BTC & The Cyber Hornets(00:22:53) BIPs and Circuses(00:29:08) Maxi Madness 2026(00:49:52) AI Glazing(00:57:28) Maxi Madness Anthem(01:01:06) Building Culture in the First Turning

Ram is bearish on equities, oil is keeping the Fed frozen, and Bitcoin is holding up anyway. The hosts debate whether crypto has bottomed or whether worse is still ahead. --- Thanks to our sponsor, Nexo! ---- Three weeks into the Iran conflict, oil is keeping inflation elevated, rate cuts are getting pushed out, and hedge funds are being forced to sell good names just to reduce exposure. So why is Bitcoin holding up?  Ram sees a market on the right shoulder of a bubble, with industrials like Caterpillar at 35x earnings and no real capitulation yet in equities or private credit. Chris is watching trading desks pick up the “short-gold, long-Bitcoin” trade, and sees Ethereum's fundamentals quietly strengthening. Austin wants to know what happens to DeFi the day a major stablecoin gets compromised on a censorship-resistant chain with no network-level controls.  And all three are asking the same question investors need answered now: does the Iran conflict end fast enough to stop oil from triggering a true inflationary regime, or is a harder correction still ahead? Hosts: ⁠⁠⁠⁠⁠Ram Ahluwalia⁠⁠⁠⁠⁠, CFA, CEO and Founder of Lumida ⁠⁠⁠⁠⁠Austin Campbell⁠⁠⁠⁠⁠, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting ⁠⁠⁠⁠⁠Christopher Perkins⁠⁠⁠⁠⁠, Managing Partner and President of CoinFund Learn more about your ad choices. Visit megaphone.fm/adchoices

For the first time in a geopolitical crisis, bitcoin held its ground while safe havens faltered. But can it keep holding if the VIX moves from yellow to red? --- Bits + Bips is spreading its wings Starting soon, new episodes will only be published on our brand‑new feeds. What you need to do: Click the links below. ⁠YouTube⁠ ⁠Apple⁠ ⁠Spotify⁠ ⁠X⁠ Smash Follow or Subscribe.

Mark “Murch” Erhardt, Gustavo Flores Echaiz, and Mike Schmidt are joined by Jon McAlpine, Antoine Poinsot, Mike Casey, and Ethan Heilman to discuss Newsletter #395.News● A standard for stateless VTXO verification (1:31) ● Draft BIP for expanded `nVersion` nonce space for miners (1:23:45) Changing consensus● Extensions to standard tooling for TEMPLATEHASH-CSFS-IK support (13:52) ● Hourglass V2 update (25:40) ● Algorithm agility for Bitcoin (51:15) ● The limitations of cryptographic agility in Bitcoin (1:05:15) Releases and release candidates● Bitcoin Core 28.4rc1 (1:36:53) Notable code and documentation changes● Bitcoin Core #33616 (1:38:30) ● Bitcoin Core #34616 (1:42:23) ● Eclair #3256 (1:46:20) ● Eclair #3258 (1:48:34) ● Eclair #3255 (1:50:14) ● LDK #4402 (1:52:27) ● LND #10604 (1:53:56) ● BIPs #1699 (1:55:34) ● BIPs #2106 (1:57:30) ● BIPs #2068 (2:01:28) ● BOLTs #1301 (2:04:54)

A U.S. Army Major-General on what markets got wrong about Iran, whether the Strait was ever really at risk, and what the new U.S. strike doctrine signals to China. --- Bits + Bips is spreading its wings Starting soon, new episodes will only be published on our brand‑new feeds. Here's what you need to do: Click the links below. ⁠⁠YouTube⁠⁠ ⁠⁠Apple⁠⁠ ⁠⁠Spotify⁠⁠ ⁠⁠X⁠⁠ Smash Follow or Subscribe.

US and Israeli strikes killed Iran's Supreme Leader and initially rattled markets. But does the subsequent market calm reflect genuine resilience or a dangerous underpricing of what comes next? --- Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at nexo.com/unchained Bits + Bips is spreading its wings Starting soon, new episodes will only be published on our brand‑new feeds. Here's what you need to do: Click the links below. ⁠YouTube⁠ ⁠Apple⁠ ⁠Spotify⁠ ⁠X⁠ Smash Follow or Subscribe.

A major war broke out in the Middle East, but Bitcoin didn't break. One veteran investor says that price action reveals something important about where crypto stands today. --- Bits + Bips is spreading its wings Starting soon, new episodes will only be published on our brand‑new feeds. What you need to do: Click the links below. YouTube Apple Spotify X Smash Follow or Subscribe.

A major war broke out in the Middle East, but Bitcoin didn't break. One veteran investor says that price action reveals something important about where crypto stands today. --- Bits + Bips is spreading its wings Starting soon, new episodes will only be published on our brand‑new feeds. What you need to do: Click the links below. YouTube Apple Spotify X Smash Follow or Subscribe.

US and Israeli strikes killed Iran's Supreme Leader and initially rattled markets. But does the subsequent market calm reflect genuine resilience or a dangerous underpricing of what comes next? --- Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at nexo.com/unchained Bits + Bips is spreading its wings Starting soon, new episodes will only be published on our brand‑new feeds. Here's what you need to do: Click the links below. ⁠YouTube⁠ ⁠Apple⁠ ⁠Spotify⁠ ⁠X⁠ Smash Follow or Subscribe.

It's already March, and we are quickly approaching Spring Break season when different school districts have those breaks scattered over the next 4-6 weeks. Seeing a flare-up in behavior problems is not unusual during this time. There are highly severe sensory and emotional dysregulations happening with many students, and our goal should not be punishment. We need to appropriately address these behaviors that might be outside of the student's control, especially those that are a result of a disability. Join us for today's discussion about Functional Behavioral Assessments (FBAs) and Behavioral Intervention Plans (BIPs).Show Highlights:The first step in an FBA is to collect data to define and describe the behaviors.Sensory overload, avoidance, and seeking attention are common challenges that cause dysregulated behaviors.Unmet needs have to be understood and met before behaviors can be regulated; this is where a BIP comes in.A BIP can be helpful when “the behavior is affecting a student's learning or the learning of others.”Autistic students may use masking behaviors at school and explode later.How FBAs compare to the former Functional Analysis AssessmentDefining behavior in assessments should follow the ABC format: antecedent, behavior, and consequence.We must teach both preventive and reactive coping skills.The BIP should be checked and thoroughly evaluated after 30-60 days.Amanda's advice to parents about getting the most out of a BIPVickie's advice to teachers about implementing a BIPResources:Contact us on social media or through our website for more information on the IEP Learning Center: www.inclusiveeducationproject.org.Thank you for listening!Don't forget to SUBSCRIBE to the show to receive every new episode delivered straight to your podcast player every Tuesday. If you enjoyed this episode and believe in our message, please help us get the word out about this podcast. Rate and Review this show on Apple Podcasts, Pandora, Spotify, or wherever you get your podcasts. Your rating and review help other listeners find this show. Connect with us and reach out with any questions or concerns: Facebook, Instagram, X, the IEP Website, and Email.

A former Clinton and Biden foreign policy advisor saw it before it happened. Now the question is what investors do next. Hours after this episode was recorded, the United States and Israel launched a coordinated military campaign against Iran, killing Ayatollah Ali Khamenei in what analysts are calling the most significant U.S.-Iran escalation in decades. Charles Myers, Founder and CEO of Signum Global Advisors and a former senior foreign policy advisor to Hillary Clinton and Joe Biden, had just sat down with Steven Ehrlich to discuss the geopolitical landscape and what it means for investors.  What he said about Iran during that conversation is now raising serious questions about what comes next, and the investment implications are far from settled. In this episode, Myers also addresses whether the "sell America" trade is overdone, where oil is heading, the future of AI funding, and whether Bitcoin can actually function as a safe haven when the world is on fire. Hosts: ⁠Steven Ehrlich⁠, Host of Bits + Bips: The Interview Guests: ⁠Charles Myers, Founder and CEO, Signum Global Advisors Links: Iran strike / military action: US strikes Iran — https://www.cnn.com/world/live-news/israel-iran-attack-02-28-26-hnk-intl  US-Iran nuclear talks — https://www.nbcnews.com/world/iran/us-iran-nuclear-talks-trump-military-buildup-attack-missiles-rcna260764  Largest US military buildup in the Middle East since the early 2000s — https://www.militarytimes.com/news/your-military/2026/02/26/us-military-assembles-largest-force-of-warships-aircraft-in-middle-east-in-decades/  Oil markets: Oil prices surge after Iran strike — https://www.cnbc.com/2026/02/28/iran-us-attack-oil-market-economy.html  Trump's energy strategy: targeting oil in the low $50s — https://www.axios.com/2026/02/28/us-iran-attack-energy-oil-prices  Sell America / US safe haven: Global investors question US safe haven status — https://www.cnbc.com/2026/02/28/markets-brace-for-impact-following-us-military-strikes-against-iran.html  The “Sell America” trade, explained — https://www.bloomberg.com/news/articles/2026-02-02/sell-america-trade-why-investors-are-questioning-us-assets  Venezuela / Monroe Doctrine: Maduro government and the US oil deal — https://www.cnbc.com/2026/01/05/maduro-overthrow-could-pave-the-way-for-us-oil-companies-to-recover-venezuela-assets.html  The return of the Monroe Doctrine under Trump — https://www.cfr.org/articles/oil-power-and-the-climate-stakes-of-the-u-s-move-in-venezuela  OpenAI / AI: OpenAI raises $110 billion — https://www.cnbc.com/2026/02/27/open-ai-funding-round-amazon.html  Stargate: OpenAI and SoftBank's AI moonshot — https://openai.com/index/announcing-the-stargate-project/ Prediction Markets: Polymarket Iran strike odds — https://polymarket.com  Insider trading on Polymarket: the Maduro bet — https://en.wikipedia.org/wiki/2026_United_States_strikes_in_Venezuela  Stablecoins / GENIUS Act: The GENIUS Act and stablecoin regulation — https://www.gibsondunn.com/the-genius-act-a-new-era-of-stablecoin-regulation/ Learn more about your ad choices. Visit megaphone.fm/adchoices

A former Clinton and Biden foreign policy advisor saw it before it happened. Now the question is what investors do next. Hours after this episode was recorded, the United States and Israel launched a coordinated military campaign against Iran, killing Ayatollah Ali Khamenei in what analysts are calling the most significant U.S.-Iran escalation in decades. Charles Myers, Founder and CEO of Signum Global Advisors and a former senior foreign policy advisor to Hillary Clinton and Joe Biden, had just sat down with Steven Ehrlich to discuss the geopolitical landscape and what it means for investors.  What he said about Iran during that conversation is now raising serious questions about what comes next, and the investment implications are far from settled. In this episode, Myers also addresses whether the "sell America" trade is overdone, where oil is heading, the future of AI funding, and whether Bitcoin can actually function as a safe haven when the world is on fire. Hosts: ⁠Steven Ehrlich⁠, Host of Bits + Bips: The Interview Guests: ⁠Charles Myers, Founder and CEO, Signum Global Advisors Links: Iran strike / military action: US strikes Iran — https://www.cnn.com/world/live-news/israel-iran-attack-02-28-26-hnk-intl  US-Iran nuclear talks — https://www.nbcnews.com/world/iran/us-iran-nuclear-talks-trump-military-buildup-attack-missiles-rcna260764  Largest US military buildup in the Middle East since the early 2000s — https://www.militarytimes.com/news/your-military/2026/02/26/us-military-assembles-largest-force-of-warships-aircraft-in-middle-east-in-decades/  Oil markets: Oil prices surge after Iran strike — https://www.cnbc.com/2026/02/28/iran-us-attack-oil-market-economy.html  Trump's energy strategy: targeting oil in the low $50s — https://www.axios.com/2026/02/28/us-iran-attack-energy-oil-prices  Sell America / US safe haven: Global investors question US safe haven status — https://www.cnbc.com/2026/02/28/markets-brace-for-impact-following-us-military-strikes-against-iran.html  The “Sell America” trade, explained — https://www.bloomberg.com/news/articles/2026-02-02/sell-america-trade-why-investors-are-questioning-us-assets  Venezuela / Monroe Doctrine: Maduro government and the US oil deal — https://www.cnbc.com/2026/01/05/maduro-overthrow-could-pave-the-way-for-us-oil-companies-to-recover-venezuela-assets.html  The return of the Monroe Doctrine under Trump — https://www.cfr.org/articles/oil-power-and-the-climate-stakes-of-the-u-s-move-in-venezuela  OpenAI / AI: OpenAI raises $110 billion — https://www.cnbc.com/2026/02/27/open-ai-funding-round-amazon.html  Stargate: OpenAI and SoftBank's AI moonshot — https://openai.com/index/announcing-the-stargate-project/ Prediction Markets: Polymarket Iran strike odds — https://polymarket.com  Insider trading on Polymarket: the Maduro bet — https://en.wikipedia.org/wiki/2026_United_States_strikes_in_Venezuela  Stablecoins / GENIUS Act: The GENIUS Act and stablecoin regulation — https://www.gibsondunn.com/the-genius-act-a-new-era-of-stablecoin-regulation/ Learn more about your ad choices. Visit megaphone.fm/adchoices

DATs may be collapsing, AI agents may be overhyped, but Omid Malekan thinks the strongest case for crypto has nothing to do with either. Thank you to our sponsors: ⁠⁠Fuse: The Energy Network⁠ Bitcoin is below $63,000, digital asset treasuries are under pressure, and the debate over whether crypto markets are bottoming or breaking down is splitting the hosts.  Ram is skeptical of institutional demand when he looks at the 13F data from institutions filing SEC reports. Chris is on the phone with institutions all day and is bullish.  Omid Malekan, adjunct professor at Columbia Business School, comes in with a longer lens: he admits he contributed to the DAT hype cycle, has doubts about agentic commerce that remind him of the metaverse in 2021, and thinks the strongest argument for crypto is not a product or a token but a fact about how nation-states treat their own citizens.  The conversation also covers tokenized bank deposits, the SEC's updated broker-dealer guidance on stablecoins, and what it means that the Supreme Court just struck down Trump's tariffs. Hosts: ⁠⁠Ram Ahluwalia⁠⁠, CFA, CEO and Founder of Lumida ⁠⁠Austin Campbell⁠⁠, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting ⁠⁠Christopher Perkins⁠⁠, Managing Partner and President of CoinFund Guest: ⁠Omid Malekan, Adjunct Professor at Columbia Business School Links: Unchained: Bitcoin Slips Below $63,000 as Fear Deepens Bitcoin Dips Below $65,000 as Tariff Uncertainty Weighs on Risk White House Talks Make Progress on Stablecoin Yields but No Deal Yet SEC Quietly Eases Capital Rules for Stablecoins SCOTUS: Supreme Court strikes down tariffs Citrini: ⁠THE 2028 GLOBAL INTELLIGENCE CRISIS Learn more about your ad choices. Visit megaphone.fm/adchoices

DATs may be collapsing, AI agents may be overhyped, but Omid Malekan thinks the strongest case for crypto has nothing to do with either. Thank you to our sponsors: ⁠⁠Fuse: The Energy Network⁠ Bitcoin is below $63,000, digital asset treasuries are under pressure, and the debate over whether crypto markets are bottoming or breaking down is splitting the hosts.  Ram is skeptical of institutional demand when he looks at the 13F data from institutions filing SEC reports. Chris is on the phone with institutions all day and is bullish.  Omid Malekan, adjunct professor at Columbia Business School, comes in with a longer lens: he admits he contributed to the DAT hype cycle, has doubts about agentic commerce that remind him of the metaverse in 2021, and thinks the strongest argument for crypto is not a product or a token but a fact about how nation-states treat their own citizens.  The conversation also covers tokenized bank deposits, the SEC's updated broker-dealer guidance on stablecoins, and what it means that the Supreme Court just struck down Trump's tariffs. Hosts: ⁠⁠Ram Ahluwalia⁠⁠, CFA, CEO and Founder of Lumida ⁠⁠Austin Campbell⁠⁠, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting ⁠⁠Christopher Perkins⁠⁠, Managing Partner and President of CoinFund Guest: ⁠Omid Malekan, Adjunct Professor at Columbia Business School Links: Unchained: Bitcoin Slips Below $63,000 as Fear Deepens Bitcoin Dips Below $65,000 as Tariff Uncertainty Weighs on Risk White House Talks Make Progress on Stablecoin Yields but No Deal Yet SEC Quietly Eases Capital Rules for Stablecoins SCOTUS: Supreme Court strikes down tariffs Citrini: ⁠THE 2028 GLOBAL INTELLIGENCE CRISIS Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark “Murch” Erhardt and Gustavo Flores Echaiz are joined by Sebastian Falbesoner and Oleksandr Kurbatov to discuss ⁠Newsletter #392⁠.News● Proposal to limit the number of per-group silent payment recipients (1:13) ● BLISK, Boolean circuit Logic Integrated into the Single Key (26:43) Releases and release candidates● Bitcoin Core 29.3 (49:18) ● LDK 0.2.2 (51:16) ● HWI 3.2.0 (52:20) ● Bitcoin Inquisition 29.2 (53:54) Notable code and documentation changes● Bitcoin Core #32420 (56:05) ● Core Lightning #8772 (1:02:29) ● LND #10507 (1:03:56) ● LDK #4387 (1:05:48) ● LDK #4355 (1:08:14) ● LDK #4354 (1:09:21) ● LDK #4303 (1:10:52) ● HWI #784 (1:13:10) ● BIPs #2092 (1:15:02) ● BIPs #2004 (1:16:33) ● BIPs #2017 (1:19:44) ● Bitcoin Inquisition #99 (1:26:53)

Mark “Murch” Erhardt, Gustavo Flores Echaiz, and Mike Schmidt are joined by Misha Komarov, Erik De Smedt, and arbedout to discuss ⁠Newsletter #393⁠.News● Recent OP_RETURN output statistics (45:54) ● Bitcoin PIPEs v2 (1:33) Changes to services and client software● Second releases hArk-based Ark software (20:21) ● Amboss announces RailsX (55:35) ● Nunchuk adds silent payment support (56:11) ● Electrum adds submarine swap features (58:08) ● Sigbash v2 announced (33:56) Releases and release candidates● BTCPay Server 2.3.5 (1:00:11) ● LND 0.20.1-beta (1:01:43) Notable code and documentation changes● Bitcoin Core #33965 (1:02:55) ● Eclair #3248 (1:05:55) ● Eclair #3246 (1:07:08) ● LDK #4335 (1:08:52) ● LDK #4318 (1:14:32) ● LND #10542 (1:15:55) ● BIPs #1670 (1:17:02) ● BOLTs #1236 (1:27:50) ● BOLTs #1289 (1:29:10)

The Mag 7 have committed over $700 billion to AI infrastructure, but the companies building the models may never capture the value. Thank you to our sponsors: Adaptive Security Fuse: The Energy Network The BLS just quietly revised away 862,000 jobs, and real-time inflation trackers now peg price growth below 1%, less than half of what official figures report.  If the Fed is steering monetary policy with stale data, investors need to ask what else the models are getting wrong.  At the same time, the Mag 7 have committed more than $700 billion to AI infrastructure, with Anthropic alone projecting $1 trillion in revenue within five years. Is that conviction or the early stages of a debt cycle nobody is pricing?  And then there is the institutional side of crypto: BlackRock's BUIDL fund just landed on Uniswap with $2.4 billion in assets, Apollo acquired $90 million in Morpho tokens, and AI agents are already settling micropayments in stablecoins.  Austin Campbell, Ram Ahluwalia, and Christopher Perkins sit down with Truflation's CEO Stefan Rust to ask whether the numbers we trust are telling us the truth. Hosts: ⁠Ram Ahluwalia⁠, CFA, CEO and Founder of Lumida ⁠Austin Campbell⁠, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting ⁠Christopher Perkins⁠, Managing Partner and President of CoinFund Guest: Stefan Rust, Founder and CEO of Truflation Links: Unchained:  BlackRock Just Chose Uniswap. The Market Didn't Care. Here's Why. Apollo Moves Into DeFi Lending With Morpho Token Deal UNI Spikes on BlackRock DeFi Move, Then Gives It All Back Macro: NBC: U.S. had almost no job growth in 2025 PBS: Inflation measure falls to nearly five-year low as gas prices fall and housing costs cool Crowdfund Insider: Secretary Of The Treasury Scott Bessent Calls Out Truflation's Inflation Numbers At Senate Banking Hearing AI CapEx: Amazon, Google And Others Are Pouring $700 Billion Into AI CapEx, Top Analyst Explains Why This Makes It 'Hard' To Bet Against Nvidia CIO: Data center capex to hit $1.7 trillion by 2030 due to AI boom Reuters: OpenClaw founder Steinberger joins OpenAI, open-source bot becomes foundation Learn more about your ad choices. Visit megaphone.fm/adchoices

The Mag 7 have committed over $700 billion to AI infrastructure, but the companies building the models may never capture the value. Thank you to our sponsors: Adaptive Security Fuse: The Energy Network The BLS just quietly revised away 862,000 jobs, and real-time inflation trackers now peg price growth below 1%, less than half of what official figures report.  If the Fed is steering monetary policy with stale data, investors need to ask what else the models are getting wrong.  At the same time, the Mag 7 have committed more than $700 billion to AI infrastructure, with Anthropic alone projecting $1 trillion in revenue within five years. Is that conviction or the early stages of a debt cycle nobody is pricing?  And then there is the institutional side of crypto: BlackRock's BUIDL fund just landed on Uniswap with $2.4 billion in assets, Apollo acquired $90 million in Morpho tokens, and AI agents are already settling micropayments in stablecoins.  Austin Campbell, Ram Ahluwalia, and Christopher Perkins sit down with Truflation's CEO Stefan Rust to ask whether the numbers we trust are telling us the truth. Hosts: ⁠Ram Ahluwalia⁠, CFA, CEO and Founder of Lumida ⁠Austin Campbell⁠, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting ⁠Christopher Perkins⁠, Managing Partner and President of CoinFund Guest: Stefan Rust, Founder and CEO of Truflation Links: Unchained:  BlackRock Just Chose Uniswap. The Market Didn't Care. Here's Why. Apollo Moves Into DeFi Lending With Morpho Token Deal UNI Spikes on BlackRock DeFi Move, Then Gives It All Back Macro: NBC: U.S. had almost no job growth in 2025 PBS: Inflation measure falls to nearly five-year low as gas prices fall and housing costs cool Crowdfund Insider: Secretary Of The Treasury Scott Bessent Calls Out Truflation's Inflation Numbers At Senate Banking Hearing AI CapEx: Amazon, Google And Others Are Pouring $700 Billion Into AI CapEx, Top Analyst Explains Why This Makes It 'Hard' To Bet Against Nvidia CIO: Data center capex to hit $1.7 trillion by 2030 due to AI boom Reuters: OpenClaw founder Steinberger joins OpenAI, open-source bot becomes foundation Learn more about your ad choices. Visit megaphone.fm/adchoices

As miners approach historical stress zones, Bitcoin's correlation with tech stocks is hitting at the worst possible moment. Enter AI. Thank you to our sponsor Crypto Tax Girl! Public mining companies are once again approaching breakeven territory, a zone that in prior cycles preceded forced selling and capitulation. But unlike past downturns, balance sheets today are cleaner, leverage is lower, and many operators are pivoting toward AI data center hosting as a structural offramp. At the same time, Bitcoin has been trading alongside frontier technology stocks. That correlation is resurfacing at precisely the wrong moment, as growth equities face renewed pressure. If growth portfolios were the marginal buyers during the rally, they may now be the marginal sellers. In this episode, Steven Ehrlich speaks first with John Todaro about miner economics, hash rate dynamics, and whether another round of selling could emerge if Bitcoin remains near breakeven levels. Then Zach Pandl joins to examine Bitcoin's correlation with tech stocks, the mechanics behind recent gold volatility, and why the next phase for crypto may be driven by differentiation rather than broad beta. Hosts: Steven Ehrlich, Host of Bits + Bips: The Interview Guests: Zach Pandl, Head of Research at Grayscale John Todaro, Managing Director, Crypto & HPC/AI Equity Research at Needham & Company Links: Bitcoin Miner Danger Zone Major Bitcoin Miners Face Shutdown Risk If BTC Falls Below $70,000 Miner Pivot to AI America's Biggest Bitcoin Miners Are Pivoting to AI The Tech Selloff Wall Street's Anything-But-Tech Trade Shakes Up US Stock Market Learn more about your ad choices. Visit megaphone.fm/adchoices

Listen to the episode on Apple Podcasts, Spotify, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Figure is giving away $25,000 in USDC. Deposit into Democratized Prime, earn ~9% APY hourly—and every $1 you keep in for 25 days is 1 entry. Enter here --- Bitcoin slid toward $60,000 on Feb. 5 in a brutal, cross-asset selloff that hit gold, equities, and crypto alike. With leverage unwinding and basis trades breaking, long-time bitcoin holders are distributing to institutional buyers who, by 13F data, are mostly underwater. The mood across digital assets is bleak. Against that backdrop, Nic Carter of Castle Island Ventures argues that key Bitcoin narratives have quietly failed—and warns that developers' inaction on quantum risk could open the door to institutional control. If devs don't act, Carter says ETF giants like BlackRock will. The panel then widens the lens: declaring the token-centric VC model dead, debating whether AI now rivals the industrial revolution, and stress-testing it all across topics ranging from Solana vs. Hyperliquid to Japan's political shift and MrBeast's fintech play. --- If you want your crypto taxes done carefully — not guessed — Crypto Tax Girl is offering $100 off one-on-one crypto tax services. Their team focuses solely on crypto and has been helping investors navigate tax season since 2017. Save $100 here Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guest: Nic Carter, Founding Partner at Castle Island Ventures Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto markets are under severe pressure, with Bitcoin sliding into one of the most oversold conditions in its history and Ethereum following closely behind. In this episode of Bits + Bips, Steve Ehrlich sits down with Fairlead Strategies founder Katie Stockton to walk through what the charts are actually signaling amid the selloff. They discuss why oversold does not automatically mean a bottom, how technicians look for downside exhaustion, and what needs to change before confidence returns for Bitcoin and ETH. Hosts: Steven Ehrlich, Host, Bits + Bips Guests: Katie Stockton, Founder and Managing Partner, Fairlead Strategies Learn more about your ad choices. Visit megaphone.fm/adchoices

Listen to the episode on Apple Podcasts, Spotify, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. --- If you want expert help with crypto taxes — without guessing or DIY spreadsheets — Crypto Tax Girl is offering $100 off their crypto tax services for Unchained listeners. They provide personalized support for everything from complex transactions to full tax returns. Get $100 off --- In this episode of Bits + Bips, Austin Campbell and Chris Perkins sit down with Cosmo Jiang to unpack what gold's volatility shock revealed about market structure, why onchain venues like Hyperliquid are increasingly where price discovery happens, and how digital asset treasuries are being blamed for stress they did not create. The conversation also turns to Kevin Warsh's nomination as Fed chair and why it represents a deeper shift in institutional power, not just personnel. Hosts: Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guest: Cosmo Jiang, General Partner at Pantera Capital Links: Crypto at a Crossroads: Winter Fatigue Meets the Risk of Lower Lows Weekend Drama Rekindles Debate Over What Really Caused the October 10 Crash Crypto's Weekend Washout Tests Conviction After a Brutal Week Bitcoin Sinks as Markets Price In a More Hawkish Fed Why HYPE Is Up While Every Other Crypto, Including Bitcoin, Is Down Hyperliquid Prepares Prediction-Style Markets With HIP-4 Upgrade Hyperliquid Sees Record Trading as Commodities Drive New Interest ​​Crypto Market Structure Bill Clears Senate Committee — But the Hard Part Is Still Ahead Silver and gold extend losses after last week's historic plunge Gold Volatility Tops Bitcoin in Wildest Price Swings Since 2008 Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark “Murch” Erhardt and Gustavo Flores Echaiz are joined by Liam Eagen to discuss Newsletter #390.News● Argo: a garbled-circuits scheme with more efficient off-chain computation (0:48) ● LN-Symmetry update (26:05) Selected Q&A from Bitcoin Stack Exchange● What is stored in dbcache and with what priority? (34:21) ● Can one do a coinjoin in Shielded CSV? (24:02) ● In Bitcoin Core, how to use Tor for broadcasting new transactions only? (36:47) ● Brassard-Høyer-Tapp (BHT) algorithm and Bitcoin (BIP360) (38:31) ● Why does BitHash alternate sha256 and ripmed160? (39:24) Releases and release candidates● Libsecp256k1 0.7.1 (41:09) Notable code and documentation changes● Bitcoin Core #33822 (42:59) ● Bitcoin Core #34269 (44:50) ● Core Lightning #8850 (47:38) ● LDK #4349 (49:16) ● Rust Bitcoin #5470 (50:54) ● Rust Bitcoin #5443 (51:26) ● BDK #2037 (52:51) ● BIPs #2076 (55:49) ● BIPs #1500 (59:39)

Crypto has stalled, but markets haven't. As volatility migrates and narratives shift, retail traders are moving fast into exciting, but risky frontiers. We break down where attention is going next, how professionals are adapting, and why this cycle feels different from the last. Host: Steven Ehrlich, Host: Bits + Bips: The Interview Guest: Evgeny Gaevoy, Founder and CEO, Wintermute Links: Adams' NYC Memecoin Crashes After Debut, Sparking Outcry Memecoins Were Hot a Year Ago. Many Have Crashed Over 90% Crypto Traders Flee to Prediction Bets After Crash Prediction Markets to Get New Federal Rules, CFTC Chair Says Three Reasons for the Record Rise in Gold Prices, and One Why They Are Falling Gold Falls as Investors Take Profits After Record High Learn more about your ad choices. Visit megaphone.fm/adchoices

Max and Q cover the latest happenings in the world of Bitcoin, privacy and much more. AOBBusy BoyFTF: New Year. New Freedom Tech GoalsSamourai reminderBitcoin/Crypto donations now available14.8 k SignaturesThird letter from Keonne now available via The RageNEWSBanter Rule UK- https://www.dailymail.co.uk/news/article-15454419/Labour-banter-ban-cost-firms-60million-enforce.html A French company that helps calculate taxes on crypto has been breached and it's suspected that info on 50,000 clients has been leaked.- https://www.leparisien.fr/faits-divers/cryptomonnaies-la-plate-forme-waltio-victime-de-tentative-dextorsion-par-les-mysterieux-shiny-hunters-23-01-2026-KBCBLDCHANDMDIUM6W2JIMJHMM.php Bitcoin hashrate drops 8% as US miners curtail during Winter Storm Fern- https://blockspace.media/insight/bitcoin-hashrate-drops-8-as-us-miners-curtail-during-winter-storm-fern/ Meet John Lick: Stealer of Stolen Funds - https://x.com/zachxbt/status/2014685263327351116 Write a letter of support for Roman Storm- https://freeromanstorm.com/write-letterFrom "A developer": I'm not going to post this on socials as I'm done arguing with plebs who can't verify and read the code for themself, but FYI, I just read through the BIP110 activation client code and: Contrary to the activation parameters as written in the BIP (BIP9 style activation, miner activated), the actual activation client has an additional BIP148 style enforcement starting around August 1st. When the threshold of 55% blocks signaling for bip110 in a single window (2016 blocks) has not been reached, any block that is not signaling for BIP110 after August 1st will be rejected by the activation client, basically splitting themself of, or even coming to a complete halt if there's no hashpower. Looking at the node counts and virtue signaling on X, this is going to be interesting to watch.https://github.com/dathonohm/bitcoin/commit/10bb4479dff1b9cb833795df5e6fab27c71def6d#diff-97c3a52bc5fad452d82670a7fd291800bae20c7bc35bb82686c2c0a4ea7b5b98R4652UPDATES/RELEASESPhoenixd Dashboard: New Analytics Page- https://x.com/_miguelmedeiros/status/2013989529196060902Bithypha: New auto-analysis - display all taint paths between transactions, clusters, and addresses.- https://x.com/bithypha/status/2014650957611561356Envoy 2.2.1: Prime Connectivity- https://x.com/FOUNDATIONdvcs/status/2014679768365482491MyNymBox- DNS Management and Client Portal Merged (https://x.com/mynymbox/status/2015141559239356477)- New Docs Site (https://docs.mynymbox.io/)- Tons of New Templates (https://mynymbox.io/apptemplates)Clawdbot: The New AI Frenzy- https://x.com/damianplayer/status/2015105669620269373MapleAI: Connect Your Clawdbot- https://x.com/marksuman/status/2015653223504269602Crypto Privacy Tracker: Tracking private cryptocurrency value across coins and protocols- https://x.com/cryptoprvcy/status/2014439254592462999Peach: BTC Payserver Plugin- https://x.com/peachbitcoin/status/2015791375854321702Zeus: Adds Stealth Mode- https://x.com/ZeusLN/status/2015782022439190639EDUCATIONEscape the Technocracy: 3D Printing for Radicals Course- https://escapethetechnocracy.com/product-3d-printing-video-course/Cryptography Mathematics Course by Fundamentals ( https://cryptography-xi.vercel.app/)Sparrow Wallet Course by Fundamentals (https://sparrow-deploy.vercel.app/)HELP GET SAMOURAI A PARDONSIGN THE PETITION ----> https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools DONATE TO THE FAMILIES ----> https://www.givesendgo.com/billandkeonneSUPPORT ON SOCIAL MEDIA ---> https://billandkeonne.org/VALUE FOR VALUEThanks for listening you Ungovernable Misfits, we appreciate your continued support and hope you enjoy the shows.You can support this episode using your time, talent or treasure.TIME:- create fountain clips for the show- create a meetup- help boost the signal on social mediaTALENT:- create ungovernable misfit inspired art, animation or music- design or implement some software that can make the podcast better- use whatever talents you have to make a contribution to the show!TREASURE:- BOOST IT OR STREAM SATS on the Podcasting 2.0 apps @ https://podcastapps.com- DONATE via Monero @ https://xmrchat.com/ugmf- BUY SOME STICKERS @ https://www.ungovernablemisfits.com/shop/FOUNDATIONhttps://foundation.xyz/ungovernableFoundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.As a sovereign computing company, Foundation is the antithesis of today's tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can't be evil”.Thank you Foundation Devices for sponsoring the show!Use code: Ungovernable for $10 off of your purchaseCAKE WALLEThttps://cakewallet.comCake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.Features:- Built-in Exchange: Swap easily between Bitcoin and Monero.- User-Friendly: Simple interface for all users.Monero Users:- Batch Transactions: Send multiple payments at once.- Faster Syncing: Optimized syncing via specified restore heights- Proxy Support: Enhance privacy with proxy node options.Bitcoin Users:- Coin Control: Manage your transactions effectively.- Silent Payments: Static bitcoin addresses- Batch Transactions: Streamline your payment process.Thank you Cake Wallet for sponsoring the show!MYNYMBOXhttps://mynymbox.ioYour go-to for anonymous server hosting solutions, featuring: virtual private & dedicated servers, domain registration and DNS parking. We don't require any of your personal information, and you can purchase using Bitcoin, Lightning, Monero and many other cryptos.Explore benefits such as No KYC, complete privacy & security, and human support.(00:00:00) INTRO(00:00:57) THANK YOU FOUNDATION(00:01:38) THANK YOU CAKE WALLET(00:02:42) Crunch Time, Stress & Coffee(00:07:03) Pardon Samourai Updates(00:09:57) UK "Banter Ban" (00:12:47) French Crypto Tax Business Hacked(00:15:03) Crypto Thieves Flex, ZachXBT Traces Funds(00:20:14) US Winter Storm Leads Hashrate Loss(00:28:38) BIP 110 Activation Drama(00:40:26) Letter of Support for Roman(00:41:44) BOOSTS(00:48:33) PhoenixD Dashboard Analytics(00:51:39) Bithypha: New Auto-Analysis(00:54:14) Envoy 2.2.1: Prime Connectivity(00:55:21) MyNymBox Updates(00:56:55) Clawdbots...Now Moltbots(01:04:54) MapleMoltBots(01:07:09) Crypto Privacy Tracker(01:08:13) Peach BTC Pay Plugin(01:09:45) ZEUS Stealth Mode(01:11:17) ETT: 3D Printing for Radicals(01:13:46) Cryptography Mathematics Course by Fundamentals(01:14:47) Sparrow Wallet Course by Fundamentals(01:17:51) THANK YOU MYNYMBOX

Crypto taxes stressing you out? You don't have to figure it out alone. We've partnered with Crypto Tax Girl, a crypto-focused tax firm that's been helping investors since 2017, to give readers $100 off personalized, one-on-one crypto tax help. Their team can handle everything from transaction calculations to full tax returns — but pre-April 15 spots are limited, so don't wait! Grab $100 off here In this episode of Bits + Bips, Austin Campbell, Ram Ahluwalia, Chris Perkins, and guest Charles Edwards debate what “realpolitik” means for markets, why gold is leading, and whether Bitcoin is lagging for a reason that is not just sentiment. They also argue over a counterintuitive claim gaining traction on desks: that rate cuts can be bad for risk assets in a high-debt world, and that the biggest adoption blocker for Bitcoin may be a known unknown, the quantum threat, whether it is imminent or simply believed enough to cap upside. Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guests: Charles Edwards, Founder & CIO at Capriole Investments Links: Why Gold Rose and Bitcoin Tumbled on Japan Bond Turmoil Should You Buy Gold or Bitcoin? Here's How to Think About It Bitcoin Stumbles as Global Tensions Push Investors Toward Safe Havens Bitcoin Rebounds After Trump's Truth Social Post Eases Tariff Fears Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark “Murch” Erhardt and Mike Schmidt are joined by René Pickhardt to discuss ⁠Newsletter #389⁠.News● A mathematical theory of payment channel networks (0:31) Changes to services and client software● Electrum server for testing silent payments (30:04) ● BDK WASM library (33:28) Releases and release candidates● Core Lightning 25.12.1 (35:14) ● LND 0.20.1-beta.rc1 (39:14) Notable code and documentation changes● Bitcoin Core #32471 (40:57) ● Bitcoin Core #34146 (42:02) ● Core Lightning #8831 (45:00) ● LDK #4261 (45:35) ● LDK #4152 (46:24) ● LND #10488 (47:42) ● LND #10331 (48:43) ● Rust Bitcoin #5402 (49:06) ● BIPs #1820 (50:39) ● BOLTs #1306 (51:41) ● BLIPs #59 (53:05)

Gold is hitting new highs. Bitcoin is struggling to keep up. And once again, the “digital gold” narrative is being put to the test.On today's episode of Bits + Bips: The Interview, host Steve Ehrlich sits down with Steve Sosnick, Chief Strategist at Interactive Brokers, to break down why bitcoin still trades like a risk asset, why gold keeps winning in moments of market stress, and what crypto must prove to close the credibility gap. From rising bond yields to geopolitics and Fed independence, this conversation cuts through the noise to explain what's really driving markets right now. Hosts: Steven Ehrlich, Executive Editor at Unchained Guests: Steve Sosnick, Chief Strategist at Interactive Brokers Links: Should You Buy Gold or Bitcoin? Here's How to Think About It Bitcoin Rebounds After Trump's Truth Social Post Eases Tariff Fears Crypto Slides on Tariff Fears as Gold Breaks Above $4,850 Why Gold Rose and Bitcoin Tumbled on Japan Bond Turmoil Supreme Court casts doubt on Trump's power to fire Fed official without proper review Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is brought to you by Uniswap! Are you a builder who needs to add on-chain trading to your product? The Uniswap Trading API from Uniswap Labs offers plug-and-play access to some of the deepest liquidity in crypto It's on-chain execution at an enterprise level. More liquidity. Less complexity. Visit hub.uniswap.org to learn more. Is Bitcoin losing its “digital gold” narrative just as geopolitics heat up? The Bits + Bips crew debates what markets still aren't pricing in. In this episode of Bits + Bips, hosts Austin Campbell, Ram Ahluwalia, and Chris Perkins are joined by David Duong, Global Head of Research at Coinbase, to unpack a volatile mix of crypto regulation, geopolitics, and shifting market structure. The group digs into why the latest market structure bill is starting to crack, why investors may be underpricing regulatory clarity, and what it means that Bitcoin is failing to behave like digital gold just as global risk rises. They also explore whether the U.S. and Europe are still true allies, why Wall Street's move toward 24/7 onchain markets matters more than most realize, and how internet capital markets could reshape who gets access to capital in the next decade. Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guests: David Duong, Global Head of Research at Coinbase Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark “Murch” Erhardt, Gustavo Flores Echaiz, and Mike Schmidt are joined by Bruno Garcia to discuss ⁠Newsletter #388⁠.News● An overview of incremental mutation testing in Bitcoin Core (0:43) ● BIP process updated (18:53) Releases and release candidates● Bitcoin Core 30.2 (26:31) ● BTCPay Server 2.3.3 (27:23) Notable code and documentation changes● Bitcoin Core #33819 (28:42) ● Bitcoin Core #29415 (31:44) ● Core Lightning #8830 (42:16) ● Eclair #3233 (44:19) ● Eclair #3237 (47:59) ● LDK #4232 (50:00) ● LND #10296 (52:24) ● BTCPay Server #7068 (53:43) ● BIPs #1982 (55:37)

Thank you to our sponsor, Walrus! Walrus is where the world's data becomes reliable, valuable, and governable. Geopolitical tensions are rising. Crypto legislation is stalled. And pressure on the Federal Reserve is intensifying. So why are Bitcoin and the broader crypto market holding strong? In this episode of Bits + Bips: The Interview, Steve Ehrlich sits down with Zach Pandl, Director of Research at Grayscale Investments, to unpack what's been driving markets since 2026 began, from Washington's regulatory battles to global instability and the Fed's fight to maintain independence. They break down where U.S. crypto policy stands, why Wall Street isn't waiting for Congress, and how macro forces like inflation, debt, and geopolitics are shaping crypto's next move. Hosts: Steven Ehrlich Guests: Zach Pandl, Head of Research at Grayscale Links: Robinhood CEO warns Congress delay is hurting Americans - TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more Senate Banking Committee postpones vote on crypto market structure legislation amid industry pushback Crypto bill delay 'may ultimately be constructive' for final product, Benchmark says Trump attacks on Jerome Powell testing Fed's independence Why the Federal Reserve has historically been independent of the White House Learn more about your ad choices. Visit megaphone.fm/adchoices

Thank you to our sponsor, Uniswap! If trust in central banks erodes, what replaces it? This week's Bits + Bips connects AI, energy, inflation, and Bitcoin. In this episode of Bits + Bips, hosts Austin Campbell, Ram Ahluwalia, and Chris Perkins are joined by Daniel Ives, one of Wall Street's most closely followed technology analysts, to break down how AI is colliding with macroeconomics. They debate whether AI will ultimately be inflationary or deflationary, why energy may become the binding constraint on technological growth, and how rising productivity could force the Federal Reserve into uncomfortable trade-offs. The conversation also covers pressure on central bank independence, the fragility of trust in fiat systems, and why Bitcoin increasingly enters the conversation when that trust erodes. Hosts: Ram Ahluwalia Austin Campbell Christopher Perkins Guests: Daniel Ives, Managing Director and Senior Equity Research Analyst at Wedbush Links: Bitcoin Briefly Pops to $92K on Powell DOJ News, Then Retreats Tether Freezes $182 Million in USDT on Tron Learn more about your ad choices. Visit megaphone.fm/adchoices

Thank you to our sponsor, Uniswap! In this episode of Bits + Bips, hosts Austin Campbell, Ram Ahluwalia, and Chris Perkins are joined by macro strategist Peter Tchir to unpack one of the most consequential geopolitical events in years: the U.S. capture of Venezuelan President Nicolás Maduro. The conversation explores why Bitcoin surged past $94,000, what the operation signals about U.S. power and strategy, and how investors should think about energy, supply chains, and national security in a shifting global order. The group also debates whether crypto's 24/7 markets are revealing a structural weakness in traditional finance, whether Latin America is poised for an investment renaissance, and why “production for security” may replace ESG as the dominant investment framework. Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guest: Peter Tchir, Head of Macro Strategy at Academy Securities Links: Bitcoin Rallies to $93,000 After U.S. Attack on Venezuela The Venezuelan Oil Narative is PURE THEATRE Venezuela: The $60B+ Bitcoin "Shadow Reserve" Learn more about your ad choices. Visit megaphone.fm/adchoices

Thank you to our sponsor, Mantle!Mantle is launching the Global Hackathon 2025 to accelerate the future of Real-World Assets. With a $150k prize pool, backing from a $4B treasury, and direct access to Bybit's 7M+ users, this is the ultimate ecosystem for builders. Sign up here! In this year-end Bits + Bips roundtable, hosts Austin Campbell and Chris Perkins are joined by John D'Agostino, Head of Strategy at Coinbase Institutional, for a wide-ranging and often contentious look at what 2026 may hold for crypto. They debate whether a major global brand will launch its own stablecoin, whether altcoins are structurally doomed—or secretly set up for a Wall Street–driven resurgence—and whether a major crypto hack is coming. The conversation also explores how tokens accrue value and whether there will be a new M&A trend that'll reshape the industry as we know it. Plus: don't miss what they have to say about NFTs, financial nihilism, and whether we'll see all-time highs for bitcoin in 2026. Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and Founder of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guest: John D'Agostino, Head of Strategy for Coinbase Institutional Timestamps

Thank you to our sponsor, Mantle. Sign up for their hackathon here!After a “weird” year in the markets, hosts Ram Ahluwalia and Christopher Perkins are joined by Ava Labs' President John Wu for a candid debate about where crypto really is in the cycle—and what needs to happen next. The panel wrestles with a question many investors are quietly asking: has the market washed out enough to set up the next move, or is something still missing? They explore why momentum has faded, what signs would suggest it's coming back, and why 2026 keeps coming up in long-term conversations—even as near-term enthusiasm remains divided. Plus, why TGEs are “dying” and, with the rise of super apps, does Coinbase has an edge on Web2 players like Robinhood?  Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Christopher Perkins, Managing Partner and President of CoinFund Guest: John Wu, President of Ava Labs Links: Unchained:  Circle Acquires Interop Labs Team, Excludes Axelar Foundation and Token  Aave's Rushed Governance Vote Draws Backlash UNI Token Rallies as Voting Begins on UNIfication Proposal Bitcoin's Demand Boom is Fading: CryptoQuant Alex Thorn predicts BTC will reach $250K by end of 2027  Memento's research on TGEs  Jeff Dorman on X: “I don't know a single liquid fund that has bought a new token on TGE in over 2 years.” CoinDesk: Coinbase rolls out stock trading, prediction markets and more in bid to become the 'Everything Exchange' The Block:  Coinbase to acquire prediction markets startup The Clearing Company AAVE token holder proposes 'poison pill' for DAO to absorb Aave Labs amid contentious revenue debate Timestamps:

In this double-header episode of Bits + Bips, Steven Ehrlich first speaks with Figure CEO Mike Cagney about why most tokenization projects fail, how Figure built an onchain mortgage replacement, and why he believes big banks may now be leading blockchain innovation. Then, Jason Brett joins the show to explain how an upcoming crypto market structure bill could expose President Trump's World Liberty Financial as centralized, and why that matters for DeFi, regulation, and the industry's credibility. Sponsors: Uniswap Mantle Host: Steve Ehrlich, Executive Editor at Unchained Guests: Mike Cagney, Co-founder and CEO of  Figure Technology Solutions Jason Brett, Former Banking Regulator With FDIC Links: Unchained: Inside Robinhood's Big Super App Plan: ‘There's Still a Lot of Work to Be Done' Coinbase Launches Stock Trading and Prediction Markets How the GENIUS Act Creates a Built-In Advantage for Banks and Deposit Tokens Learn more about your ad choices. Visit megaphone.fm/adchoices

Thank you to our sponsors, Mantle!On this episode of Bits + Bips, hosts Ram Ahluwalia, Austin Campbell, and Chris Perkins are joined by Elisabeth Kirby, Head of Market Structure at Tradeweb, for a wide-ranging conversation about the future of crypto markets — and who will control them. They unpack why US market structure legislation stalled, how the SEC's enforcement-first approach shaped the last cycle, and what it signals that JPMorgan, BlackRock, and others are moving forward with tokenization.  The group debates whether Ethereum's institutional edge is durable, whether Canton can scale beyond early adopters, and why Solana's “decentralized Nasdaq” vision still faces hard questions. The episode closes with a sober look at macro conditions, risk appetite, and why crypto may be stuck waiting, even as the long-term institutional thesis quietly strengthens. Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guest: Elisabeth Kirby, Head of Market Structure at Tradeweb Links: The S.E.C. Was Tough on Crypto. It Pulled Back After Trump Returned to Office. Timestamps:

Subscribe to Bits + Bips: https://bitsandbips.beehiiv.com/subscribe On this bundled episode of Bits + Bips, Unchained executive editor Steve Ehrlich digs into the less obvious risks shaping crypto returns, from DeFi yield to tax reporting. First, Sebastien Derivaux, co-founder of Steakhouse Financial, explains why chasing high yield can be dangerous, how institutional risk curation works onchain, and why the future of stablecoins won't be limited to the US dollar. Then, Shehan Chandrasekera, CPA and Head of Tax Strategy at CoinTracker, breaks down what crypto investors need to know heading into 2026, including tax loss harvesting, the wash sale gray zone, hidden tax obligations in crypto ETFs, and why the new 1099-DA form won't tell the full story. Host: Steve Ehrlich, Executive Editor at Unchained Guests: Shehan Chandrasekera, CPA, Head of Tax Strategy at CoinTracker Sebastien Derivaux, Co-Founder & Partner at Steakhouse Financial Timestamps:

Thank you to our sponsors! Uniswap Mantle Hosts Ram Ahluwalia, Austin Campbell, and Chris Perkins dig into why interest rates may not fall as quickly as markets hope, why oil demand could surprise to the upside, and how retail keeps buying every dip—even while consumer confidence hits new lows. The trio also breaks down the growing collision between TradFi and crypto: whether banks can compete with blockchain-native distribution, how BlackRock's staked ETH ETF filing could reshape the market, and how yields on Ethereum and Solana represent a brand-new financial primitive. Plus, they examine Ripple's controversial raise, Citadel's push to regulate DeFi, and why major incumbents are now in a frantic race to choose their crypto “dance partners.” Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Links: Unchained:  BlackRock Files S-1 for Staked ETH ETF Berachain Kept Secret a $25 Million Refund Right to a Brevan Howard Fund CoinDesk:  Citadel Challenges DeFi Framework in Letter to SEC, Sparking Industry Outrage Bloomberg:  Wall Street Hedged Big Crypto Bet in $500 Million Ripple Deal (XRP) Bitcoin Options Show Traders Hunkering Down for Crypto Winter Timestamps:

In this special double-feature episode of Bits + Bips, Unchained executive editor Steve Ehrlich brings listeners two of the clearest investor perspectives on where the crypto markets may be headed next. First, Owen Lau, Managing Director at Clear Street, breaks down why crypto equities remain so tightly correlated to Bitcoin—and what might finally cause that link to break. He unpacks the growing role of stablecoin revenue, Coinbase and Circle's evolving business models, and why a market structure bill in 2026 could reshape the sector. Then, in the second half, Bob Diamond and David Schamis of Hyperliquid Strategies explain why they believe Hyperliquid and its HYPE token represent one of the most compelling opportunities in digital assets. They walk through the rationale for their DAT, Hyperliquid's performance during extreme market volatility, and the broader ecosystem being built through HIP-3 and beyond. Sponsors: Mantle Host: Steve Ehrlich, Executive Editor at Unchained Guests: Owen Lau, Managing Director at Clear Street Bob Diamond, Founding Partner and CEO of Atlas Merchant Capital David Schamis, Founding Partner and CIO of Atlas Merchant Capital Timestamps: 0:00 Introduction 1:23 Owen's outlook on crypto stocks—and what really drives them today 5:19 Why Coinbase's stock is struggling while revenue goes up 7:47 Why so many crypto companies are spending heavily to expand distribution 10:58 Whether the 10/10 crash changed how analysts evaluate public crypto companies 14:41 Will public crypto companies enter prediction markets next? 17:02 How Coinbase and Circle are positioning themselves in this emerging area 23:00 What Citadel Securities' push for SEC regulation of DeFi means for the industry 24:55 How a market structure bill could reshape the outlook for altcoins 27:03 Would a public crypto company buy a DAT trading below its NAV? 28:59 Has the window for crypto IPOs already closed? Part 2  32:57 How David and Bob first got into crypto  38:57 Why a DAT for Hyperliquid is necessary  42:40 Why they say their stock is a major opportunity right now  45:55 How running an altcoin DAT differs from doing one for ETH or BTC  48:54 How the DAT deal was structured—and Paradigm's role  51:38 How they're avoiding the big sell-offs typical in PIPE deals  53:11 Why there was a gap between announcing the DAT and executing it  55:14 Why Sonnet Therapeutics will remain operational post-transaction  57:51 Why the 10/10 liquidation event made Bob more confident in Hyperliquid  1:04:19 The broader Hyperliquid ecosystem—far beyond the DEX  1:06:42 Why David says perps are far better products than options  1:10:12 Why regulatory clarity is critical for Hyperliquid's long-term success  1:13:37 What HIP-3 unlocks for builders building around perps  1:14:46 How prediction markets could integrate with perpetuals  1:15:49 How Hyperliquid can compete with major exchanges and crypto giants  1:21:18 Why Hyperliquid's feed is so much faster than other chains  1:22:28 The $1 billion shelf offering—and how they plan to accumulate more HYPE Learn more about your ad choices. Visit megaphone.fm/adchoices

Monday's selloff rattled the entire market—Bitcoin, equities, commodities, you name it. But beneath the volatility, something more structural may be happening. In this week's Bits + Bips, Austin Campbell, Ram Ahluwalia, Chris Perkins, and B+B OG previous host Alex Kruger break down one of the most confusing macro weeks of the year. They debate why high-beta assets snapped, whether a rotation into quality is underway, why institutions seem unfazed even as retail stays skittish, and share initial thoughts on Vanguard finally allowing clients to buy crypto. The crew also unpacks Strategy's chaotic comments about selling BTC, the Clarity Act's political hurdles, the CME outage that exposed systemic fragility, and the never-ending debate over Tether—profitability, reserves, and what institutions actually want from a stablecoin issuer. Sponsors: Uniswap Mantle Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guest: Alex Kruger, founder of Asgard   Timestamps:

In this week's Bits + Bips, Austin Campbell, Ram Ahluwalia, and Chris Perkins dig into a macro environment that's suddenly turning more supportive: QT ending, institutions stepping in, improving liquidity signals, and major catalysts across global markets. But while the setup may be bullish, one corner of crypto isn't participating at all: DATs, which Ram calls “a death spiral.” The hosts debate whether altcoins can recover, whether Strategy pushed its structure too far, if banks' unrealized losses still matter, and why the return of ICO-style launches may say more about regulation than mania. Show highlights: 0:00 Intro 3:16 Why Ram says we are still in goldilocks economy 5:07 What is missing in the markets according to Chris and how retail is so hurt 11:07 Why the dollar has been on an uptrend, contrary to what people think 13:17 The importance of banks sitting on so much unrealized losses 18:24 Nvidia's earnings and whether we are in a buying opportunity 22:21 Whether banks will be negatively affected by stablecoins growth or they are fine 25:05 What Austin and Ram disagree on whether the 50-year mortgage is good 28:25 Whether MSTR should be excluded from the MSCI index 32:56 Why Ram is “very bearish on DATs” and the importance of their operating businesses 45:19 Why Chris finds it fascinating the revival of the ICOs 51:19 Whether there's a new operations choke point going on in crypto Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Links: Unchained: MON Rallies 40% After Mainnet Launch Fortune: Suddenly, the Fed interest rate cut in December looks like it is very much back on the table Nvidia didn't save the market. What's next for the AI trade? The Index Exclusion That Ends an Era: How MicroStrategy's Exile Redefines Corporate Finance Saylor fights back Learn more about your ad choices. Visit megaphone.fm/adchoices

Thank you to our sponsors! Mantle Walrus President Donald Trump's pick for chair, Mike Selig, has cleared the Senate Agriculture Committee just as lawmakers look set to hand over crypto oversight to the agency. In this episode, former CFTC Chair Chris Giancarlo joins Unchained Executive Editor Steven Ehrlich to unpack Selig's Senate hearing. Chris shares his experience working with Mike, why the CFTC should get more resources to handle crypto and crypto's unique commodity trading structure. He also touches on the challenges the agency could face regulating crypto, whether exchanges should be allowed to continue performing several functions under one umbrella, the timeline for CLARITY and the regulatory path ahead for prediction markets. Host: Steve Ehrlich, Executive Editor at Unchained Guest: J. Christopher Giancarlo, Former Commissioner of the CTFC Links: Unchained: Prospective CFTC Chair Says It's ‘Vitally Important to Have a Cop On The Beat' in Crypto Senate Committee Shares Bipartisan Draft on Crypto Market Structure Bill The Chopping Block: When Wall Street Meets DeFi — How Equity Perps and RWAs Redefine Leverage On-Chain DEX in the City: Are Prediction Markets Gambling, and Who Should Regulate Them? Polymarket Quietly Relaunches in U.S. in Beta Mode: Report Timestamps:

Check out our sponsor Uniswap! Bitcoin keeps drifting lower — and traders are asking the same question: where's the floor? Host Steve Ehrlich brings on Markus Thielen, CEO of 10x Research, to walk through Bitcoin's technical setup, ETF flows, institutional positioning, and why the recent selloff looks different from past dips. Markus lays out the metrics he's watching, the levels that matter, and why the path downward may still be the path of least resistance. He also shares his views on Ethereum, altcoins, digital asset treasuries, and why some investors are stepping away from risk entirely. Host: Steve Ehrlich, Executive Editor at Unchained Guest: Markus Thielen, CEO of 10x Research Timestamps:

Hosts Austin Campbell, Ram Ahluwalia, and Chris Perkins sit down with Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets at the White House, to break down the latest updates in the crypto market structure bill and the political calculus behind it. Pattrick discusses how Democrats have started to listen more actively, why DeFi remains one of the most complicated pieces of the bill, and how the administration is thinking about innovation versus incumbency.  Later, the group turns to markets: whether the Fed is shifting regimes, why institutions move slowly but decisively, and what catalysts could matter most in the months ahead. Sponsors: Walrus Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guest: Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets at the White House Timestamps:

Bitcoin continues to look weak, falling through the psychologically important $100,000 level. Is the cycle over? In this episode, Fairlead Strategies founder Katie Stockton joins Unchained Executive Editor Steve Ehrlich to break down the charts. She explains how the Bitcoin market has changed and Ethereum's potential trajectory. She also takes a look at the state of the DAT sector and Zcash's steep rise. Thank you to our sponsors! Mantle Uniswap Guest: Katie Stockton, Founder and Managing Partner of Fairlead Strategies Links: Unchained:  Why the Crypto Markets Seem Down Bad as Bitcoin Dips Below $100K A Musk-Style Reward? Anthony Pompliano Could Earn $400 Million From ProCap Canary XRP ETF Set for Nasdaq Launch as Shutdown Ends Why the Privacy Coins Mania Is Much More Than Price Action Timestamps:

Follow Unchained On Air on X or YouTube! https://x.com/Unchained_pod https://www.youtube.com/channel/UCWiiMnsnw5Isc2PP1to9nNw Check out our sponsor Walrus! https://www.walrus.xyz/ The government's about to reopen, but the economic cracks aren't healing. From runaway debt to DATs trading below NAV, markets are feeling the strain of unsolved macro problems. In this week's Bits + Bips, hosts Austin Campbell and Chris Perkins are joined by Matt Zhang of Hivemind Capital and Felix Jauvin, head of content at Blockworks and host of Forward Guidance, to unpack what happens when policy meets reality. They discuss why a $2,000 “tariff dividend” could ignite inflation, how America's ballooning debt is constructive for crypto, and why DATs could still have plenty of potential, despite already showing cracks. Plus: the Bank of England's £20K stablecoin proposal, whether $3 trillion is too low a target for the sector, and a final provocation: is XRP worth more than Ripple equity? Hosts: Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guests: Felix Jauvin, Head of Content at Blockworks and Host of the Forward Guidance Podcast Matt Zhang, Founder & Managing Partner at Hivemind Capital Links: CNN: Trump's shutdown win just landed Republicans with a huge political headache Forbes: A $2,000 Tariff Dividend? Trump's New Pitch Raises Tax Concerns BeInCrypto: Digital Asset Treasuries Are Collapsing: Lost Confidence Triggers Market Sell-Off FT: Bank of England dilutes planned rules for UK stablecoins CoinDesk: U.S. Fed's Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T Timestamps:

Subscribe to the Bits + Bips newsletter: https://unchainedcrypto.com/newsletters/ Check out our sponsor Mantle!  As profitability tightens and competition soars, many Bitcoin mining companies are turning to artificial intelligence and high-performance computing (HPC) to stay relevant. In this week's Bits + Bips, host Steve Ehrlich sits down with John Todaro, Managing Director, Crypto & HPC/AI Equity Research at Needham & Company, and Kevin Dede, Senior Research Analyst at H.C. Wainwright, to unpack the pivot that's reshaping an entire corner of the crypto industry. They discuss how miners are courting AI clients, why Wall Street is suddenly valuing them like data infrastructure plays, and what this means for Bitcoin's long-term security model. The conversation dives deep into hashprice trends, investor signals, power constraints, and whether these companies can truly deliver on the AI promise — or risk stretching too thin. Guests: Kevin Dede, Senior Research AnalystManaging Director of Equity Research at H.C. Wainwright John Todaro, Managing Director, Crypto & HPC/AI Equity Research at Needham & CompanySenior Research Analyst at Needham & Company Timestamps:

Bitcoin has fallen below $102,000. “Uptober” ended in blood. But while retail traders are terrified, institutional conversations are heating up. In this episode of Bits + Bips, hosts Austin Campbell, Ram Ahluwalia, and Chris Perkins are joined by Teddy Fusaro, President of Bitwise, to unpack the week's market turmoil. They dig into why institutions are finally comfortable allocating to bitcoin, how Ripple is building an ecosystem that can't be ignored, and whether Tether's staggering $500 billion valuation makes sense. Plus: the shrinking odds of the CLARITY Act, the merging of TradFi and crypto rails, and why the competition in the payments space is so hot. Sponsors: Binance Mantle Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guest: Teddy Fusaro, President of Bitwise Links: Unchained:  Ripple Hits $4B Investment Milestone With Palisade Deal Extreme Fear Returns to Market as Bitcoin Breaks $104k Support Solana ETFs Draw $44 Million as Bitcoin Funds Bleed $191 Million Stablecoin Volume on Ethereum Breaks $2.8 Trillion Record in October Bitcoin ETFs Record $470 Million Outflows Amid Fed Rate Decision DL News: Clarity Act has 80% chance of passing by 2026: Bitwise The Block: Tether's annual profits top $10 billion as Treasury holdings swell Timestamps:

In this episode of Bits + Bips, former BlackRock executive and SharpLink co-CEO Joseph Chalom joins hosts Austin Campbell, Chris Perkins, and Ram Ahluwalia to discuss why the Federal Reserve may move to ease rates despite a “Goldilocks” economy, the growing role of stablecoins in foreign exchange and settlement, and how major banks like JPMorgan and Citi are expanding their use of blockchain.  The conversation also explores Japan's first yen-backed stablecoin, the implications of AI for the labor market, and the generational shift that could make crypto wallets the default interface for finance. Plus, the implications of CZ's pardon and why it's “bullish” to have Mike Selig chairing the CFTC. Sponsors: Binance Mantle Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Guest:  Joseph Chalom, Co-CEO of SharpLink Gaming, Inc. Links: Reuters: Fed poised to cut rates this week, with more easing likely on tap WSJ: Trump Considers Fed Chair Selection by Year-End From Slate of Five Finalists CoinDesk: Gov. Waller: U.S. Fed to 'Embrace Disruption,' Pitches 'Skinny' Master Account Idea Reuters: World's first yen-pegged stablecoin debuts in Japan EF: ERC-8004: Trustless Agents Bloomberg: JPMorgan to Allow Bitcoin, Ether as Collateral in Crypto Push Unchained: Trump Pardons Binance Founder CZ CNBC: Trump names Michael Selig to chair CFTC; Selig cites crypto capital goal Timestamps: