After the U.S. and China announced a 90-day pause on tariffs, signaling a massive de-escalation of the trade wars, markets rallied. 

In this week’s Bits + Bips, the panel covers the biggest macro and crypto forces in motion right now:

Will US-China tariff reset reshape the global economy, or just kick the can down the road?

America’s ballooning deficit and why politicians are spending like it’s wartime.

Why some think ETH has a unique lane to outperform.

How policymakers ignore the power of the crypto community at their own risk.

Plus: Saylor copycats, Solana’s risk-reward balance, and whether stagflation or recession is still in the cards.

Sponsors:

Bitwise

Ram Ahluwalia, CFA, CEO and Founder of Lumida

Steve Ehrlich, Executive editor at Unchained

Guests:

Peter Tchir, Head of Macro Strategy at Academy Securities

Zach Pandl, Head of research at Grayscale

POLITICO: Trump: The EU is ‘nastier than China’

David Bailey and Bitcoin-Native Holding Company Nakamoto Announce Merger with KindlyMD® to Establish Bitcoin Treasury

Unchained: Michael Saylor Copycats Rush to Win the Solana Rat Race. Can Lightning Strike Twice?

Reuters: Brokerages Scale Back Recession Odds After U.S.-China Trade Truce

White House: Joint Statement on U.S.-China Economic and Trade Meeting in Geneva

McKinsey: Chinese Consumption Amid the New Reality

CBS: U.S. Could Face Default by August if Congress Doesn't Address Debt Ceiling, Bessent Says

Stablecoin bill drama

Unchained:

Why the Senate Stablecoin Bill Stalled & What It Means for Crypto

Tether in the Clear? Yes, Under This New Republican-Led Senate Stablecoin Bill 

Stablecoin Bill Stalls in Senate as GOP Cries Foul Over Dem Resistance

A House Hearing on Crypto? More Like a Big, Partisan Fight

Timestamps:

👋 0:00 Intro

🇨🇳🇺🇲 3:27 The significance of the U.S.-China tariff pause

🌎 8:55 Is this a global economic reset or just kicking the can down the road?

🧑‍💼 20:23 Has Bessent beaten Navarro in the Trump trade tug of war?

💔 23:11 Whether the U.S.-China relationship is heading for a permanent split

🏦 30:22 Is the U.S. heading for a debt default in August?

🎭 38:37 Why more are copying Strategy’s bitcoin playbook

🚀 44:53 ETH’s explosive short squeeze caught traders off guard. Can it continue?

🏛️ 52:47 How stablecoin policy suddenly became major political battleground

⚠️ 1:00:20 Are there still stagflation and recession risks?

Hosts:Links

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