Collective Shift

Matt breaks down the inauguration of U.S. President Donald Trump and what it meant for the crypto market. With Trump expected to continue delivering on his pro-crypto promises over the coming days, Matt also shares his short-term outlook for Bitcoin and the crypto market.

Key Takeaways 

1. Bitcoin (BTC) hit an all-time high above $109,000 prior to Inauguration Day. On the day, Trump failed to mention crypto in any of his speeches. Of the executive orders he signed, none were related to crypto, likely contributing to a slight sell-off.
2. We remain optimistic that Trump will sign multiple crypto executive orders this week. Should this not eventuate, we’d still expect these to come in Trump’s first 100 days in office—as opposed to not at all.
3. Trump launched a memecoin days before being inaugurated, as did First Lady Melania Trump. Both were launched on Solana and attracted several billion in volume.

Matt breaks down the recent decline in the crypto market, whether the U.S. government will sell its large stash of Bitcoin and MicroStrategy’s continued buying of Bitcoin. He also explains what crypto investors can expect in relation to U.S. President-elect Donald Trump’s upcoming inauguration.

Key Takeaways 

1. Crypto prices fell as the market adjusted to the growing likelihood that the U.S. will announce fewer rate cuts in 2025 than initially anticipated. We still expect prices to climb much higher this year.
2. The market feared the U.S. government was going to sell a large amount of BTC last week. At the time of writing, this BTC has not been moved.
3. U.S. President-elect Donald Trump will be inaugurated early next week. The crypto market will be closely monitoring any crypto-related announcements from Trump and his team. For what it’s worth, The Washington Post reported this week that Trump is expected to issue executive orders related to crypto policies on his first day in office.
4. XRP (XRP) and Sui (SUI) have been notable outperformers amid this latest market sell-off.

Join Matt and Nick as they review the year that was for crypto. They discuss the standout blockchains, highlights such as the U.S. election and the rise of Polymarket, as well as the biggest wins and losses in the market. The conversation also covers valuable lessons learned, unexpected events, and the most impactful crypto apps of the year. They close by sharing which projects they believe are in for an exciting 12 months.

Key Takeaways 

1. Solana and Base emerged as leading blockchains in 2024.
2. Highlights from the year included the U.S. election outcome and BlackRock’s continued expansion into crypto.
3. Our biggest winners of 2024 were Solana and patient investors who survived Q2 and Q3, a period in which many sold prematurely.
4. Our biggest losers of 2024 were crypto gaming and Maker’s botched rebrand.
5. Memecoins experienced unprecedented growth in 2024., hitting an all-time high as a sector. 
6. ai16z (AI16Z) and Uniswap (UNI) are two projects that look poised for a big 2025

Join Matt and Nick as they discuss the recent crypto market dip, the impact of the U.S. central bank’s latest policy update, MicroStrategy buying more Bitcoin, various altcoin updates, and more.

Key Takeaways 

1. Large entities (e.g. MicroStrategy, Marathon, Hub 8) continue to accumulate Bitcoin (BTC). Expect this source of buy-side demand to continue for the foreseeable future.
2. Speculation is mounting over which altcoin will be next to get a spot ETF approval in the U.S. While smaller ETF issuers will keep applying for various altcoin ETFs, it’s hard to get too excited without BlackRock doing the same.
3. This week’s altcoin news featured Avalanche (AVAX), Pengu (PENGU), Uniswap (UNI), Hyperliquid (HYPE) and others.

Timestamps:

00:00 Intro & market update
02:55 Crypto investment product flows
04:30 More BTC demand side buying
07:30 FTX distributions
09:20 German bank building an L2
12:00 Will we see a wave of ETFs next year?
15:10 Altcoins news (AVAX, ENS, UNI & PENGU)
22:05 Altcoins news (Alternative L1s & Open Sea)
30:00 Over & under-appreciated

Join Matt and Nick as they discuss Bitcoin at fresh all-time highs, Electric Capital’s annual developer report and AMP buying Bitcoin. They also discuss various altcoin updates from NEAR Protocol (NEAR), Avalanche (AVAX) and others.

Key Takeaways 

1. Bitcoin (BTC) hit an all-time high, partially due to continued buying from MicroStrategy, which officially entered the heavily traded Nasdaq 100 index.
2. AMP invested $27M AUD worth of BTC, making it the first major superannuation fund to buy into an asset class that has previously been shunned by big fund managers.
3. Electric Capital’s annual developer report showed strong growth in Solana’s developer ecosystem, while the number of developers fell by 7% compared to a year ago.
4. The past week featured various altcoins updates, including projects such as Ethena (ENA), Jupiter (JUP), Ethena (ENA) and Avalanche (AVAX).

Timestamps:

00:00 Intro & market update

03:15 ETH ETFs show sign of life

04:35 Bitcoin treasury votes and strategic reserves

06:00 2024 Electric Capital Developer Report

11:25 Should crypto be concerned over quantum computing breakthroughs

16:30 MicroStrategy enters Nasdaq 100

18:45 AMP becomes first Aussie super fund to invest in crypto

21:20 Trump-associated World Liberty Financial buys ETH tokens

24:00 Altcoin news (Pump.Fun, Near, Jupiter, Avalanche, Ethena)

31:40 What to look forward to this week

32:50 Over & under-appreciated

Join Matt and Nick as they discuss Bitcoin's historic rise above $100,000 and the potential for a strategic Bitcoin reserve in the U.S. They also touch on the resurgence of older cryptocurrencies, President-elect Donald Trump’s latest pro-crypto appointments, and more.

Key Takeaways 

1. Bitcoin (BTC) surpassed $100,000 for the first time, a significant milestone for the leading cryptocurrency.
2. Older cryptocurrencies, or 'dino coins', are seeing renewed interest.
3. Whether the U.S. government establishes a strategic BTC reserve remains the most important variable affecting the rest of this bull market.
4. President-elect Donald Trump continued to make pro-crypto appointments last week by way of Paul Atkins and David Sachs. Atkins will be chair of the SEC and Sachs will be the White House A.I. & Crypto Czar.

Join Matt and Nick as they discuss the recent fluctuations in the crypto market, focusing on Bitcoin's near approach to $100,000 and the significant rally in altcoins, particularly XRP. They also explore Ethereum's ETF developments, MicroStrategy's continued Bitcoin accumulation, and more.

Key Takeaways 

1. Bitcoin (BTC) failed to surpass $100,000 despite MicroStrategy and Marathon buying more than $2B worth of BTC in recent days.
2. When measured against BTC, altcoins had one of their strongest weeks of the year. The standout performer was XRP, which nearly doubled in value over the past week.
3. The market is every chance to consolidate for at least a few weeks after such an aggressive rally. However, we still believe the market is poised for higher highs in 2025.
4. Hyperliquid (HYPE) executed the largest airdrop to date. At one stage, the median average of the HYPE airdrop was worth $30,000 USD.

Join Matt and Nick as they discuss Bitcoin hitting fresh all-time highs of nearly $100,000, MicroStrategy buying more BTC, options for Bitcoin ETFs, Aus Crypto Con 2024, Gary Gensler stepping down as SEC chair, spot Solana ETF news, and more.

Key Takeaways 

1. Bitcoin continued to climb, surpassing $99,000 for the first time before retracing to the early $90,000s.
2. MicroStrategy made its largest BTC purchase to date, adding $5.4B worth throughout mid-November. It now holds 386,700 BTC and plans to keep accumulating.
3. SEC Chair Gary Gensler said he would step down on January 20. This was widely celebrated by the industry, given Gensler’s hostility toward crypto in recent years.
4. The launch of Bitcoin ETF options in the U.S. was met with unprecedented interest and volume.
5. Market sentiment is showing some signs of euphoria, reminiscent of previous bull runs, with crypto apps surging up the App Store rankings.

Join Matt and Nick as they discuss Bitcoin hitting fresh all-time highs, Ethereum Devcon 2024, the Republicans winning both houses, Trump’s plan for a Bitcoin reserve, and more.

Key Takeaways 

1. Bitcoin continued to hit fresh all-time highs last week, surpassing $90,000 for the first time.
2. Ethereum's Devcon showcased important developments for the blockchain's future. Meanwhile, ETH continued to underperform.
3. The Republicans officially completed a ‘red sweep’, taking control of both the U.S. Senate and House of Representatives. Ultimately, this should make it somewhat easier for crypto-friendly laws to pass.
4. Among the other altcoin updates covered: ENS announcing an Ethereum L2 and Maple launching its SYRUP token.

Join Matt and Nick as they discuss how Donald Trump’s victory in the U.S. election impacts the outlook for Bitcoin (BTC) and the crypto market more broadly.

Key Takeaways 

1. Bitcoin (BTC) hit an all-time high above $80,000 after Donald Trump convincingly won the U.S. election, an ideal outcome for the crypto market.
2. If the Republicans take out the majority in the House of Representatives, a ‘red sweep’ will be official and markets may climb even higher.
3. The election result has many potential implications for crypto. Among the notable ones are the potential BTC strategic reserve and the probable change in the chair of the U.S. Securities and Exchange Commission (SEC).