We compare Bitcoin's recent 30% price drop to previous crashes like COVID, Terra/Luna, and FTX, discussing market sentiment, recovery patterns, and whether Bitcoin behaves as a risk-on or risk-off asset.

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How do previous Bitcoin crashes compare to this week’s Tariff Troubles? Colin and Charlie analyze Bitcoin's recent 30% drop from $109K to $76K in context of previous market crashes. We compare the COVID crash of 2020, the Terra/Luna collapse of 2022, and the FTX insolvency in November that same year. We cover how market sentiment in each crash despite similar percentage drops, explore how exogenous and endogenous factors affected declines and recoveries – plus, why the current drawdown, mired in macro turmoil, most resembles the March 2020 COVID crash.

Follow our guests: @cbspears @asilayhodling @btcszn2

Notes:

- Bitcoin down 30% from $109K to $76K

- Markets recovered 9.5% in one day

- Terra/Luna crash: 35% drop in one week

- FTX collapse: only 30% drop but worst sentiment

- US fiscal deficit at $36.7 trillion debt

- BitMEX "outage" may have saved 2020 crash

Timestamps:

00:00 Start

00:46 Bitcoin crashes, “don't buy it”

06:25 Macro lookback

14:00 Covid crash (march 2020)

23:18 Terra Luna crash (may 2022)

32:16 FTX Crash

38:43 Stay humble, stack sats

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👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

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Host Christine Lee breaks down the latest news in the crypto industry as China imposes 125% tariffs against U.S. imports.

China imposes 125% tariffs against U.S. imports Friday after U.S. President Donald Trump announced 145% tariffs against Chinese goods. Meanwhile, Trump becomes the first U.S. president to sign a crypto bill into law, overturning an anti-DeFi IRS rule and Trump family-backed World Liberty Financial denies reports it sold $8 million worth of ether earlier this week. CoinDesk's Christine Lee hosts "CoinDesk Daily."

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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.

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Trump’s tariffs are wreaking havoc for bitcoin miners at a time when hashprice is near all-time lows.

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Welcome to The Mining Pod! Will and Colin break down the harsh reality of bitcoin’s hashprice hovering around $40, putting many miners at break-even or underwater. The hashprice woes couldn’t come at a worse time, as the Trump administration’s tariffs are poised to increase CAPEX costs for miners in the U.S. The Trump tariff chaos sent miners scrambling to charter multi-million dollar flights for ASIC imports in the eves before the administration effected a 90-day pause on its proposed policy. We also discuss Pakistan's plans to use Bitcoin mining for surplus electricity. And for this week’s cry corner, if you wanted to vastly outperform the market year to date, you should have invested in this ETF that is short ETH. 

# Notes:

- Hash price down to around $40

- Most public miners at break-even or underwater on direct costs

- Trump paused tariffs for 90 days, China still at 125%

- $2.33B of mining hardware imported to US in 2024

- Pakistan turning to Bitcoin mining for surplus power

- 2x inverse ETH ETFs up 247%, best ETFs of 2025

Timestamps:

00:00 Start

01:20 Difficulty Report

06:40 Tariff deadline scramble

15:35 Mining stocks

21:27 Pakistan BTC mining

28:39 Cry Corner: Is ETH ded?

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Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews

on Tuesday and a news show on Friday!

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The latest price moves and insights with Jennifer Sanasie and Theory Ventures Partner Spencer Farrar.

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Theory Ventures Partner Spencer Farrar joins CoinDesk to discuss the growing influence of AI across all business sectors and the potential for AI agents to automate workflows. Plus, companies and projects Theory Ventures are looking out for, particularly those at the intersection of AI and crypto.

This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Host Christine Lee breaks down the latest news in the crypto industry after U.S. President Donald Trump raise tariffs against China to 145%.

Bitcoin fell below $80,000 Thursday after U.S. President Donald Trump raise tariffs against China to 145%. Plus, crypto friendly Paul Atkins is confirmed as the new chairman of the U.S. Securities and Exchange Commission, and Pakistan seeks to utilize up to 10,000 megawatts of surplus energy for Bitcoin mining. CoinDesk's Christine Lee hosts "CoinDesk Daily."

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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Host Christine Lee breaks down the latest news in the crypto industry after China slaps 84% tariffs on U.S. goods.

China slaps 84% tariffs on U.S. goods, sending cryptocurrencies and global stocks lower. Bitcoin has heightened volatility between $70,000–$80,000 where there is an “air pocket” of thin liquidity. Plus, Trump family-backed World Liberty Financial sells ETH at a loss. CoinDesk's Christine Lee has top headlines on "CoinDesk Daily."

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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

ReardenCode discusses how we should reframe discussions around Bitcoin soft forks, explaining the capabilities-focused approach to opcodes rather than focusing solely on protocols. The conversation covers SegWit, Taproot, OP_CAT, and MEV concerns.

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ReardenCode, independent Bitcoin developer and freedom advocate, joins us to talk about reframing how we think about Bitcoin soft forks. Reardon breaks down opcodes, explains why we should focus on capabilities rather than protocols, and explores the historical context of Bitcoin's upgrades from SegWit to Taproot. The conversation goes deep on OP_CAT, CTV, and CHECKSIGFROMSTACK while but tries to make the topics approachable approachable.

Follow our guests: @ReardenCode

Notes:

- Bitcoin is the first digitally scarce asset

- OP_CAT enables five different capabilities

- SegWit enabled non-third party malleable txs

- Taproot enabled hidden script paths

- CTV+CSS combo enables rebindable signatures

- MEV concerns can probably be scoped and managed

Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.

Timestamps:

00:00 Start

01:28 What is Bitcoin?

02:36 What's an OP code?

05:41 How to think about OP codes

07:39 Capabilities examples

10:17 Explaining OP codes

12:03 What do we want?

13:24 Why did SegWit NOT do more?

15:22 Taproot

18:50 Arch

19:25 Hidden script paths

22:13 CTV

31:55 OP_CAT

35:11 Check Contract Verify

36:33 Introduction of "state" & MEV

37:07 MEV

40:29 Limiting MEV

43:36 The problems of OP_CAT

48:26 The current consensus

52:22 Wrap up

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👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Host Christine Lee breaks down the latest news in the crypto industry as China vows to fight U.S. President Donald Trump's threats to raise tariffs.

Bitcoin stabilized at about $80,000 Monday amid China's vow to fight U.S. President Donald Trump's threats to raise tariffs to 104%. Meanwhile, the U.S. Justice Department dismantles its crypto unit as Trump reduces crypto regulation and crypto lawyer James Murphy sues the U.S. government to disclose documents that could reveal the identity of Satoshi Nakamoto, the creator of bitcoin. CoinDesk's Christine Lee hosts "CoinDesk Daily."

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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The latest price moves and insights with Jennifer Sanasie and The Crypto Trader author Glen Goodman.

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The Crypto Trader author Glen Goodman joins CoinDesk to discuss whether investors should buy the dip in crypto following the recent market crash. Plus, long-term outlook on bitcoin's price and the correlation between BTC and the stocks market.

This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Hut 8 is splitting its mining business into a new subsidiary, American Bitcoin, with backing from Eric Trump and Donald Trump Jr. Here’s why.

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Welcome back to The Mining Pod! Today, Matt Prusak, CEO of American Bitcoin, joins us to discuss the strategic partnership between HUT 8 and the Trump family for its latest subsidiary, American Bitcoin. Hut 8 is reallocating nearly all of its self-mining assets (10 EH/s) to American Bitcoin and taking an 80% stake in the company. Prusak explains why Hut 8 has taken this approach to focus self-mining efforts with American Bitcoin while the parent company focuses on energy, infrastructure, and AI. Plus, he touches on American Bitcoin’s ambitious plans to reach 50 EH/s and the company’s plans to go public.

# Notes:

- HUT 8 allocated mining assets for 80% stake

- Starting with 10 EH/s, targeting 50 EH/s

- American Bitcoin will build own Bitcoin treasury

- Emphasizes "America First" Bitcoin ethos

- Plans to go public in the future

- Targeting sub-15 joules per terahash efficiency

Timestamps:

00:00 Start

01:45 Starting American Bitcoin

02:49 Business structure

03:43 What does Hut 8 gain?

04:52 AI & HPC pivot

06:19 New pools of capital?

07:32 New facilities?

08:21 Hut 8 & Bitmain deal

09:27 Roadmap

10:19 Power generation

12:00 Favoring domestic hardware?

13:28 Dividing responsibilities

14:41 Separate treasuries?

14:52 Financials & IPO

16:29 Two public companies

18:58 Fundraising

21:41 Balancesheets

22:58 Hut 8 expenses

26:36 Vibe shift

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews

on Tuesday and a news show on Friday!

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.