Bankless

In this episode, we celebrate the crypto market reaching a $4 trillion cap, exploring the impact of the Genius Bill on stablecoins and digital assets. We discuss Polymarket's U.S. acquisition, Ethereum's ETF inflows, and the courtroom drama surrounding the Roman Storm trial.

—-

📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium

---
BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax

🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle

🌐BINANCE | THE WORLDS #1 CRYPTO EXCHANGE
https://bankless.cc/binance

🦎 COINGECKO API | REAL-TIME CRYPTO PRICE & MARKET DATA
https://bankless.cc/coingecko

—-

TIMESTAMPS

0:00 Intro
2:15 MARKETS
https://x.com/WatcherGuru/status/1948062927879131412
https://x.com/TheCryptoLark/status/1947212505039704467
8:45 ETH ETF Inflows
https://x.com/Matt_Hougan/status/1948377319027998909
https://x.com/RyanSAdams/status/1948375840737124460
https://farside.co.uk/eth/
https://x.com/EricBalchunas/status/1948352147050930196
https://x.com/JasonYanowitz/status/1947348010045780016
11:15 ETH Treasuries
https://ethermachine.com/
https://x.com/jdetychey/status/1947278978454061240
https://x.com/fabdarice/status/1948395310310732184
https://x.com/RyanSAdams/status/1948355494885622027
https://x.com/fundstrat/status/1948114342680879306
https://x.com/hughkarp/status/1948021401513771236
https://x.com/materkel/status/1948360988832461271
https://x.com/laurashin/status/1948166358832759016
30:00 GENIUS Act
https://x.com/CoinDesk/status/1946292667098308757
https://x.com/WhiteHouse/status/1946632494855368917
https://x.com/paoloardoino/status/1946307158515069334
https://x.com/paoloardoino/status/1946292409068834935
https://x.com/SecScottBessent/status/1946283991562084432
https://www.coindesk.com/policy/2025/07/18/tether-ceo-says-he-ll-comply-with-genius-to-come-to-u-s-circle-says-it-s-set-now
38:45 Polymarket in US
https://x.com/shayne_coplan/status/1947322129654927465
https://x.com/shayne_coplan/status/1948087129193751030
https://x.com/shayne_coplan/status/1948087129193751030
https://x.com/jespow/status/1947702880838029717
https://x.com/brian_armstrong/status/1947827460307087528
47:00 45M Gas Limit Block
https://x.com/ChodoKamil/status/1947295096656794054
https://x.com/potuz_eth/status/1948068611341398286
52:45 Solana Bam Protocol and RICO Suit
https://x.com/jito_sol
59:10 Coinbase Perps and PNC Partnership
https://x.com/brian_armstrong/status/1947340416283537633
https://www.prnewswire.com/news-releases/pnc-bank-coinbase-announce-strategic-partnership-to-advance-digital-asset-solutions-and-expand-banking-services-302510790.html
58:30 Roman Storm Trial
https://x.com/tayvano_/status/1946062228878508119
https://www.propublica.org/article/whats-a-pig-butchering-scam-heres-how-to-avoid-falling-victim-to-one
https://x.com/tayvano_/status/1946062275871391924
https://x.com/amandatums/status/1948031555084972080
https://x.com/jchervinsky/status/1948037194909688230
https://x.com/RyanSAdams/status/1948348407103299814
1:05:44 Zora vs Pump
https://x.com/andy8052/status/1947791347538391199
https://x.com/smyyguy/status/1947291271401222593
https://blockworks.co/analytics/zora/zora-coin-platform
https://dune.com/adam_tehc/memecoin-wars
https://x.com/notthreadguy/status/1947793270169604321
https://x.com/ZeMirch/status/1948109514793689244
https://x.com/blocknewsdotcom/status/1948113825095458836
https://www.coingecko.com/en/coins/pump-fun
---
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures

In this episode, we celebrate the crypto market reaching a $4 trillion cap, exploring the impact of the Genius Bill on stablecoins and digital assets. We discuss Polymarket's U.S. acquisition, Ethereum's ETF inflows, and the courtroom drama surrounding the Roman Storm trial.

—-

📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium

---
BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax

🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle

🌐BINANCE | THE WORLDS #1 CRYPTO EXCHANGE
https://bankless.cc/binance

🦎 COINGECKO API | REAL-TIME CRYPTO PRICE & MARKET DATA
https://bankless.cc/coingecko

—-

TIMESTAMPS

0:00 Intro
2:15 MARKETS
https://x.com/WatcherGuru/status/1948062927879131412
https://x.com/TheCryptoLark/status/1947212505039704467
8:45 ETH ETF Inflows
https://x.com/Matt_Hougan/status/1948377319027998909
https://x.com/RyanSAdams/status/1948375840737124460
https://farside.co.uk/eth/
https://x.com/EricBalchunas/status/1948352147050930196
https://x.com/JasonYanowitz/status/1947348010045780016
11:15 ETH Treasuries
https://ethermachine.com/
https://x.com/jdetychey/status/1947278978454061240
https://x.com/fabdarice/status/1948395310310732184
https://x.com/RyanSAdams/status/1948355494885622027
https://x.com/fundstrat/status/1948114342680879306
https://x.com/hughkarp/status/1948021401513771236
https://x.com/materkel/status/1948360988832461271
https://x.com/laurashin/status/1948166358832759016
30:00 GENIUS Act
https://x.com/CoinDesk/status/1946292667098308757
https://x.com/WhiteHouse/status/1946632494855368917
https://x.com/paoloardoino/status/1946307158515069334
https://x.com/paoloardoino/status/1946292409068834935
https://x.com/SecScottBessent/status/1946283991562084432
https://www.coindesk.com/policy/2025/07/18/tether-ceo-says-he-ll-comply-with-genius-to-come-to-u-s-circle-says-it-s-set-now
38:45 Polymarket in US
https://x.com/shayne_coplan/status/1947322129654927465
https://x.com/shayne_coplan/status/1948087129193751030
https://x.com/shayne_coplan/status/1948087129193751030
https://x.com/jespow/status/1947702880838029717
https://x.com/brian_armstrong/status/1947827460307087528
47:00 45M Gas Limit Block
https://x.com/ChodoKamil/status/1947295096656794054
https://x.com/potuz_eth/status/1948068611341398286
52:45 Solana Bam Protocol and RICO Suit
https://x.com/jito_sol
59:10 Coinbase Perps and PNC Partnership
https://x.com/brian_armstrong/status/1947340416283537633
https://www.prnewswire.com/news-releases/pnc-bank-coinbase-announce-strategic-partnership-to-advance-digital-asset-solutions-and-expand-banking-services-302510790.html
58:30 Roman Storm Trial
https://x.com/tayvano_/status/1946062228878508119
https://www.propublica.org/article/whats-a-pig-butchering-scam-heres-how-to-avoid-falling-victim-to-one
https://x.com/tayvano_/status/1946062275871391924
https://x.com/amandatums/status/1948031555084972080
https://x.com/jchervinsky/status/1948037194909688230
https://x.com/RyanSAdams/status/1948348407103299814
1:05:44 Zora vs Pump
https://x.com/andy8052/status/1947791347538391199
https://x.com/smyyguy/status/1947291271401222593
https://blockworks.co/analytics/zora/zora-coin-platform
https://dune.com/adam_tehc/memecoin-wars
https://x.com/notthreadguy/status/1947793270169604321
https://x.com/ZeMirch/status/1948109514793689244
https://x.com/blocknewsdotcom/status/1948113825095458836
https://www.coingecko.com/en/coins/pump-fun
---
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures

In this episode, we celebrate the crypto market reaching a $4 trillion cap, exploring the impact of the Genius Bill on stablecoins and digital assets. We discuss Polymarket's U.S. acquisition, Ethereum's ETF inflows, and the courtroom drama surrounding the Roman Storm trial.

—-

📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium

---
BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax

🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle

🌐BINANCE | THE WORLDS #1 CRYPTO EXCHANGE
https://bankless.cc/binance

🦎 COINGECKO API | REAL-TIME CRYPTO PRICE & MARKET DATA
https://bankless.cc/coingecko

—-

TIMESTAMPS

0:00 Intro
2:15 MARKETS
https://x.com/WatcherGuru/status/1948062927879131412
https://x.com/TheCryptoLark/status/1947212505039704467
8:45 ETH ETF Inflows
https://x.com/Matt_Hougan/status/1948377319027998909
https://x.com/RyanSAdams/status/1948375840737124460
https://farside.co.uk/eth/
https://x.com/EricBalchunas/status/1948352147050930196
https://x.com/JasonYanowitz/status/1947348010045780016
11:15 ETH Treasuries
https://ethermachine.com/
https://x.com/jdetychey/status/1947278978454061240
https://x.com/fabdarice/status/1948395310310732184
https://x.com/RyanSAdams/status/1948355494885622027
https://x.com/fundstrat/status/1948114342680879306
https://x.com/hughkarp/status/1948021401513771236
https://x.com/materkel/status/1948360988832461271
https://x.com/laurashin/status/1948166358832759016
30:00 GENIUS Act
https://x.com/CoinDesk/status/1946292667098308757
https://x.com/WhiteHouse/status/1946632494855368917
https://x.com/paoloardoino/status/1946307158515069334
https://x.com/paoloardoino/status/1946292409068834935
https://x.com/SecScottBessent/status/1946283991562084432
https://www.coindesk.com/policy/2025/07/18/tether-ceo-says-he-ll-comply-with-genius-to-come-to-u-s-circle-says-it-s-set-now
38:45 Polymarket in US
https://x.com/shayne_coplan/status/1947322129654927465
https://x.com/shayne_coplan/status/1948087129193751030
https://x.com/shayne_coplan/status/1948087129193751030
https://x.com/jespow/status/1947702880838029717
https://x.com/brian_armstrong/status/1947827460307087528
47:00 45M Gas Limit Block
https://x.com/ChodoKamil/status/1947295096656794054
https://x.com/potuz_eth/status/1948068611341398286
52:45 Solana Bam Protocol and RICO Suit
https://x.com/jito_sol
59:10 Coinbase Perps and PNC Partnership
https://x.com/brian_armstrong/status/1947340416283537633
https://www.prnewswire.com/news-releases/pnc-bank-coinbase-announce-strategic-partnership-to-advance-digital-asset-solutions-and-expand-banking-services-302510790.html
58:30 Roman Storm Trial
https://x.com/tayvano_/status/1946062228878508119
https://www.propublica.org/article/whats-a-pig-butchering-scam-heres-how-to-avoid-falling-victim-to-one
https://x.com/tayvano_/status/1946062275871391924
https://x.com/amandatums/status/1948031555084972080
https://x.com/jchervinsky/status/1948037194909688230
https://x.com/RyanSAdams/status/1948348407103299814
1:05:44 Zora vs Pump
https://x.com/andy8052/status/1947791347538391199
https://x.com/smyyguy/status/1947291271401222593
https://blockworks.co/analytics/zora/zora-coin-platform
https://dune.com/adam_tehc/memecoin-wars
https://x.com/notthreadguy/status/1947793270169604321
https://x.com/ZeMirch/status/1948109514793689244
https://x.com/blocknewsdotcom/status/1948113825095458836
https://www.coingecko.com/en/coins/pump-fun
---
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures

The race for ETH supremacy among public companies is heating up—and BitDigital is charging hard. CEO Sam Tabar joins us to share why they’re going all-in on Ether, how they're copying Michael Saylor’s playbook (but for ETH), and what sets BitDigital apart from the rest of the pack
We talk staking strategies, ETH yields, competitive dynamics, and the explosive rise of ETH treasury companies. This is the next phase of institutional Ethereum adoption—don’t miss it.
------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
------
BANKLESS SPONSOR TOOLS:
🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax
🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🟠 BINANCE | THE WORLDS #1 CRYPTO EXCHANGE
https://bankless.cc/binance
------
TIMESTAMPS
0:00 Intro
0:57 Why ETH?
10:49 Ethereum TAM
12:11 Bit Digital
14:18 ETH Treasury Competition
19:07 Is This a Bubble?
21:30 Risks Involved
24:15 Financial Engineering
28:31 ETH Staking Yields
32:15 Ditching Bitcoin Mining
38:02 How Big is This?
40:09 Why Bit Digital?
41:37 Closing & Disclaimers
------
RESOURCES
Sam Tabar
https://x.com/samirtabar
Bit Digital
https://bit-digital.com/
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠.

Everyone wants to climb the wealth ladder - but very few ask if they should. In this episode, Ryan sits down with Nick Maggiulli to explore the six stages of wealth, how your strategy should evolve at each level, and why reaching the top isn’t always the win it seems.

From early savings and side hustles to ownership leverage and lifestyle trade-offs, Nick guides us through practical, data-driven ways to build wealth, without losing sight of happiness along the way. If you’re somewhere between $10K and $10M, this episode is for you.

------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium

------
BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax

🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle

🟠BINANCE | THE WORLDS #1 CRYPTO EXCHANGE
https://bankless.cc/binance

🦎COINGECKO API | REAL-TIME CRYPTO PRICE & MARKET DATA
https://bankless.cc/coingecko

------
TIMESTAMPS

0:00 Intro
6:34 The Wealth Ladder Model
16:55 The 0.01% Rule & Smart Restraint
21:02 Time’s Role in Wealth Building
24:02 Demographics, Inflation & Shifting Rungs
30:29 How to Climb (and Avoid Falling)
41:19 The Ownership Threshold
50:20 Knowing When to Stop Climbing
54:45 Wealth vs. Happiness
1:08:01 Crypto, Leverage & Final Advice

------
RESOURCES

Nick Maggiulli
https://x.com/dollarsanddata

Nick’s Blog
https://ofdollarsanddata.com/

The Wealth Ladder Book
https://a.co/d/1okUAwh

Sohail Bloom’s Episode
https://www.youtube.com/watch?v=n6Rywzypi64

------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

Crypto's murky market making practices are finally getting sunlight.

We sit down with Coinwatch co-founders Matt Jobbe and Brian Tubergen to uncover how market makers have been quietly influencing token prices, the call-option structures enabling extraction, and how shady tactics have hurt retail.

Then, we explore how Coinwatch Track is bringing real-time transparency to the space using trusted execution environments (TEEs), giving projects verifiable insights into what market makers are really doing with their tokens—and why this might just restore trust and open the door for more liquid capital to enter crypto.

------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium

------
BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax

🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle

🟠BINANCE | THE WORLDS #1 CRYPTO EXCHANGE
https://bankless.cc/binance

🦎COINGECKO API | REAL-TIME CRYPTO PRICE & MARKET DATA
https://bankless.cc/coingecko

------
TIMESTAMPS

0:00 Intro
0:30 Market Makers 101
7:25 Why the Bad Reputation?
14:25 TradFi Market Makers
16:34 Market Making Business Model
21:34 The Positive Case
23:22 Market Making Cabals
33:36 Matt & Brian Backgrounds
40:03 Coinwatch 101
46:33 Why Coinwatch?
51:31 The Bull Case
56:51 Call to Action
57:38 Closing & Disclaimers

------
RESOURCES

Coinwatch
https://coinwatch.co/

Coinwatch on X
https://x.com/coinwatchdotco

Matt Jobbe Duval
https://x.com/mattjob1

Brian Tubergen
https://x.com/tubergen

------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

The bots are winning. AI-generated spam, fake profiles, and deepfakes are turning the internet into a digital hall of mirrors. But what if there were a way to prove you're human, without sacrificing privacy?

Worldcoin Co-Founder Alex Blania returns to Bankless to share a bold vision for addressing the online identity crisis. From 14 million users already “Orbed” to new integrations with dating apps and DeFi protocols, Worldcoin is evolving rapidly and facing significant questions. What happens when governments come knocking? And why does Alex think we’re heading toward internet-native citizenship?

Whether you're curious about AI-proof identity or sceptical of eyeball scanning orbs, this conversation cuts deep.

------
🎬 DEBRIEF | Ryan & David Unpacking the Episode:
https://www.bankless.com/podcast/debrief-can-worldcoin-fix-the-internets-99-bot-problem-co-founder-alex-blania

------
BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax

🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle

🟠BINANCE | THE WORLDS #1 CRYPTO EXCHANGE
https://bankless.cc/binance

🦎COINGECKO API | REAL-TIME CRYPTO PRICE & MARKET DATA
https://bankless.cc/coingecko

------
TIMESTAMPS

0:00 Intro
1:15 The Bot Problem
9:28 Orb Scaling Limiters
15:40 Miniapps & Orb Use Cases
23:31 World ID Integration Plans
31:02 Incentives to Get Orbed
35:55 Civil Resistance & Sybil Attacks
40:14 Privacy Concerns: Will You Get Tracked?
46:26 Global Regulation
54:56 The Future: Internet Citizenship
58:42 Closing Thoughts

------
RESOURCES

Alex Blania
https://x.com/alexblania

World App
https://worldcoin.org/world-app

------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

We’re celebrating "Crypto Week" as declared by Trump amid the introduction of key regulatory bills.

But perhaps more importantly, Bitcoin's new all-time high, Ethereum's rising institutional interest, and Tom Lee's goal of acquiring 5% of ETH supply.

Highlights include Base's new "everything app," the trend of Bitcoin miners viewing ETH as a treasury asset, and updates on macroeconomic factors and the Roman Storm trial. This is the hottest news in crypto.

—-

📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
---
BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax

🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle

🌐BINANCE | THE WORLDS #1 CRYPTO EXCHANGE
https://bankless.cc/binance

🦎 COINGECKO API | REAL-TIME CRYPTO PRICE & MARKET DATA
https://bankless.cc/coingecko

---
TIMESTAMPS

0:00 Trump’s Crypto Week
https://x.com/KobeissiLetter/status/1945144093350207624

2:30 Bankless Summit
https://lu.ma/0ph1qg6c

3:50 MARKETS
https://www.coingecko.com/en/coins/bitcoin
https://x.com/WatcherGuru/status/1944663480755458526
https://x.com/EricBalchunas/status/1943664470032576876
https://x.com/glassnode/status/1943661049783431240
https://x.com/glassnode/status/1943661049783431240
https://x.com/ercwl/status/1944759201441477040
https://x.com/jacqmelinek/status/1943373069063786953

9:30 ETH
https://www.coingecko.com/en/coins/ethereum
https://x.com/RyanSAdams/status/1945180957033546069
https://x.com/RyanSAdams/status/1945852323651022910
https://x.com/coinbaseduck/status/1945217164442489220
https://farside.co.uk/btc/
https://farside.co.uk/eth/
https://x.com/NateGeraci/status/1945665209529675794
https://x.com/sassal0x/status/1945662874216788060

16:00 Macro, Inflation, Powell
https://www.cnbc.com/2025/07/15/cpi-inflation-report-june-2025.html
https://polymarket.com/event/us-recession-in-2025
https://x.com/KobeissiLetter/status/1945122105051185367
https://x.com/KobeissiLetter/status/1945507837817303243
https://x.com/BulwarkOnline/status/1945516462199673329
https://polymarket.com/event/will-trump-remove-jerome-powell

23:40 ETH Treasuries to $1B+ (BMNR, SBET, HYPE)
https://www.strategicethreserve.xyz/
https://x.com/maxxTFSA/status/1945828721321037966
https://x.com/RyanSAdams/status/1945263091656057078
https://x.com/bitmnr/status/1944743816986051049
https://www.strategicethreserve.xyz/
https://x.com/JoshwaaaDixon/status/1945851138407792793
https://www.coindesk.com/markets/2025/07/08/ether-treasury-firm-btcs-surges-100-on-100m-eth-buying-plan
https://x.com/HyperliquidNews/status/1944704235926434125
https://x.com/ThinkingUSD/status/1944719934128279669
https://x.com/matthuang/status/1944730866858799166
https://x.com/Crypto_McKenna/status/1944706319207845958

35:44 Coinbase’s Base App
https://x.com/baseapp/status/1945609622913757190
https://x.com/defiignas/status/1945793215665197468
https://x.com/base/status/1945624674656030985
https://x.com/brian_armstrong/status/1945676446204412244
https://join.base.app/
https://x.com/brian_armstrong/status/1943300747635925246

42:40 Crypto Week in Congress
https://x.com/BoHines/status/1943728972505714724
https://x.com/RepMaxineWaters/status/1945151846433140920
https://x.com/watcherguru/status/1945667844219277644
https://x.com/campbelljaustin/status/1945857868734816662
https://x.com/zGuz/status/1945682848054174091

47:00 PUMP ICO
https://x.com/pumpdotfun/status/1944043746292584849
https://x.com/0xSharples/status/1944111013973876989?1
https://www.coingecko.com/en/coins/pump-fun
https://x.com/hyperstitionHQ/status/1945425882245710186
https://blockworks.co/news/pump-fun-buybacks-axiom-competitor
https://www.binance.com/en/support/announcement/detail/29d8942bfcd0472890c00d30d6b2676c
https://www.binance.com/en/support/announcement/detail/29d8942bfcd0472890c00d30d6b2676c

50:05 Snoop Dogg NFTs
https://cointelegraph.com/news/snoop-dogg-nft-collection-telegram-ton-blockchain-sold-out
https://x.com/durov/status/1943077902817411292

51:20 Polymarket Cleared by DOJ
https://x.com/shayne_coplan/status/1945146324271218767
https://x.com/brian_armstrong/status/1945156692041457747

53:50 Roman Storm Trial Starts
https://www.theblock.co/post/362625/tornado-cash-roman-storm-trial-laundering
https://x.com/realDannyNelson/status/1944824924838793454
https://www.coindesk.com/policy/2025/07/16/hack-victims-say-tornado-cash-offered-no-help-in-the-wake-of-exploits-day-2-of-roman-storm-trial

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures

Ethereum is gaining steam, but is the real rally just getting started?

Mike Nadeau of the DeFi Report joins us to break down Ethereum’s Q2 fundamentals and the 10 most bullish charts from his latest report. We explore why institutional demand may be driving this rally, how ETF flows and treasury holdings are accelerating, and whether ETH remains undervalued despite recent gains. Plus, we dig into the Genius Bill, stablecoin growth, real-world assets, and key onchain metrics that could fuel the next leg of Ethereum’s bull run.

Michael Nadeau & The DeFi Report:
https://x.com/JustDeauIt
https://thedefireport.io
https://dune.com/the_defi_report/the-eth-report

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📣BIT DIGITAL ($BTBT) | ETH-FIRST PUBLIC COMPANY
http://bit-digital.com

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BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi
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🦄UNISWAP | SWAP ON UNICHAIN
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🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle

🟠BINANCE | THE WORLDS #1 CRYPTO EXCHANGE
https://bankless.cc/binance

🦎COINGECKO API | REAL-TIME CRYPTO PRICE & MARKET DATA
https://bankless.cc/coingecko

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TIMESTAMPS

0:00 Intro
2:29 Peter Thiel buying a 9.1% stake in Tom Lee’s ETH treasury company
4:03 Stablecoin institutional adoption
9:35 Active loans on ETH & L2s
11:49 Real world assets onchain
17:01 ETH in ETFs, net flows & ETH in treasury
24:22 ETH in smart contracts & balance on CEXs
27:36 MVRV/Fair Value & 200-week moving average
32:55 Market Cap vs. TVL & bull market math
35:32 ETH L2 & Yield Bear vs. Bull case
40:11 Closing & Disclaimers

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

The race for ETH supremacy among public companies is heating up—and BitDigital is charging hard. CEO Sam Tabar joins us to share why they’re going all-in on Ether, how they're copying Michael Saylor’s playbook (but for ETH), and what sets BitDigital apart from the rest of the pack.

We talk staking strategies, ETH yields, competitive dynamics, and the explosive rise of ETH treasury companies. This is the next phase of institutional Ethereum adoption—don’t miss it.

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📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium

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BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax

🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle

🟠 BINANCE | THE WORLDS #1 CRYPTO EXCHANGE
https://bankless.cc/binance

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TIMESTAMPS

0:00 Intro
0:57 Why ETH?
9:40 Ethereum TAM
11:02 Bit Digital
14:57 ETH Treasury Competition
19:46 Is This a Bubble?
22:09 Risks Involved
24:54 Financial Engineering
30:59 ETH Staking Yields
32:53 Ditching Bitcoin Mining
38:39 How Big is This?
40:46 Why Bit Digital?
42:37 Closing & Disclaimers

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RESOURCES

Sam Tabar
https://x.com/samirtabar

Bit Digital
https://bit-digital.com/

------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠