08.27.2021 - By Peter McCormack
“This cycle is not a 2013 double pump and a blow off top, this is completely different. This is the new 2020 onwards cycle which we’ve never seen before.”
— Willy WooLocation: Remotely
Date: Thursday 26th August
Company: Hypersheet
Role: Co-FounderBitcoin’s price had been trending lower for most of the summer, but after bottoming out just below $30k, it went on a run-up to $50k.Despite the market moves, there have been plenty of other signals that indicate bitcoin might break its four-year cycle.On-chain metrics indicate that this recent upward trend might be a warm-up for what’s to come. Long-term holders are accumulating, rumours of a Bitcoin ETF coming to the US are swirling, and it could all converge on a massive supply shock.In this interview, I talk to on-chain analyst and the co-founder of Hypersheet, Willy Woo. We discuss traditional payment rails, making Bitcoin content, the recent price run and the evolving bitcoin cycle.This episode’s sponsors:
Gemini - Buy Bitcoin instantly
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.
Ledger - State of the art Bitcoin hardware wallet
-----WBD390 - Show Notes
-----
If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:
Become a Patron and get access to shows early or help contribute
Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin
If you do send a tip then please email me so that I can say thank you
Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed
Leave a review on iTunes
Share the show and episodes with your friends and family
Subscribe to the newsletter on my website
Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube
If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.