This week, Santi and Rob discuss market volatility, MicroStrategy’s financial health, and Ethereum’s valuation. They also dive into current macro conditions, recent Tether FUD, and prediction markets. Enjoy!

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This Empire episode is brought to you by VanEck.

Learn more about the VanEck Onchain Economy ETF (NODE): http://vaneck.com/EmpireNODE

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the Commodity Exchange Act (“CEA”).

Investing involves substantial risk and high volatility, including possible loss of principal. Visit vaneck.com to read and consider the prospectus, containing the investment objective, risks, and fees of the fund, carefully before investing.

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[Timestamps]

(00:00) Intro

(04:40) The L1 Valuation Debate

(16:28) Ads (Zcash, Katana)

(17:44) The Market's Lack of Liquidity

 (30:07) Ads (Zcash, Katana)

(31:24)  Thoughts on Saylor & MicroStrategy

(46:25) Ads (VanEck, Geodnet,Uniswap)

(48:47) Recent Tether FUD

(57:47 ) Thoughts on Prediction Markets

(01:09:18) Kraken Acquires xStocks

(01:12:04) Favorite Christmas Movies

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.