In this episode, Nik teaches us about how bank deposits, money market funds, and Treasury securities interact with Fed reserves. After explanations on financial plumbing, he proceeds to break down recent economic data and explain why stocks and real estate have had great starts to 2024. He finishes with bitcoin price and valuation analysis.

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The Bitcoin Layer is a bitcoin and global macroeconomic research firm. 
The Bitcoin Layer and its guests do not provide investment advice.

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Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

#TheBitcoinLayer #NikBhatia #BankDeposits #MoneyMarketFunds #TreasurySecurities #FedReserves #FinancialPlumbing #EconomicData #StockMarketAnalysis #RealEstateAnalysis #2024EconomicTrends #BitcoinAnalysis #ValuationAnalysis #FinancialEducation #InvestmentInsights #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #RiverBitcoin #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro Subscribe to The Bitcoin Layer on Soundwise

Financial Plumbing Masterclass & Macro Update

The Bitcoin Layer is a premium markets research provider, covering bitcoin through a global macro lens | Research, Analysis, & Education

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In today's video, Joe discusses the latest developments in bitcoin and the broader ecosystem. In the last 24 hours, the SEC has pivoted from not approving a spot Ethereum ETF to fast-tracking its approval, causing Ethereum to jump 20% and ETH/BTC to move above 0.05. He discusses how the House and Senate are now majorly pro-crypto, passing 3 separate bills in the last 10 days in support of the ecosystem. Finally, Joe wraps it all up with a look at bitcoin's bull flag breakout, signaling a bull market continuation if we can get past this brief consolidation period near $70,000.

The Bitcoin Layer is brought to you by River. Visit http://River.com/TBL and earn up to $100 in bonus Bitcoin when you buy.

Subscribe and turn on notifications for TBL on YouTube.
Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
Follow TBL on X:   / thebitcoinlayer  
Subscribe to The Bitcoin Layer on your favorite podcast platform. 
Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg

The Bitcoin Layer is a bitcoin and global macroeconomic research firm. 
The Bitcoin Layer and its guests do not provide investment advice.

Block Height 844478 #thebitcoinlayer 

Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

#TheBitcoinLayer #NikBhatia #JoeConsorti #Bitcoin #Ethereum #CryptoEcosystem #SECApproval #EthereumETF #CryptoJump #ETHBTC #ProCryptoLegislation #CryptoBills #BitcoinBullFlag #BullMarket #CryptoNews #MarketUpdate #FinancialNews #InvestmentAnalysis #BitcoinUpdate #ETFNews #LegislationUpdate #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macro Subscribe to The Bitcoin Layer on Soundwise

Washington Goes PRO-CRYPTO: BTC SURGES, ETH ETFs

In this episode, Nik summarizes his recent conversation with CrossBorder Capital founder Michael Howell. After Nik interviewed Michael on May 9th, viewers asked us for more education surrounding some of the key concepts covered, including how to understand Howell's liquidity index itself, Treasury bill monetization by banks, and duration's impact on financial markets. Nik concludes with why global liquidity matters for bitcoin.

The Bitcoin Layer is brought to you by River. Visit http://River.com/TBL and earn up to $100 in bonus Bitcoin when you buy.

Subscribe and turn on notifications for TBL on YouTube.
Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
Follow TBL on X:   / thebitcoinlayer  
Subscribe to The Bitcoin Layer on your favorite podcast platform. 
Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg

The Bitcoin Layer is a bitcoin and global macroeconomic research firm. 
The Bitcoin Layer and its guests do not provide investment advice.

Block Height 844372 #thebitcoinlayer 

Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

#TheBitcoinLayer #NikBhatia #CrossBorderCapital #CapitalWars #MichaelHowell #Liquidity #GlobalMonetarySystem #Bitcoin #DebtMonetization #CurrencyDevaluation #Japan #China #CapitalFlows #BitcoinBarometer #FinancialMarkets #Economics #FinanceDiscussion #MarketInsights #InvestingInsights #MarketAnalysis #EconomicOutlook #MonetaryPolicy #FinancialTrends #AssetAllocation #GlobalEconomy #CurrencyMarkets #Cryptocurrency #FinancialForecast #CapitalMarkets #MacroEconomics #CentralBanks #MonetaryTheory #CrossBorderInvesting #FinancialTheory #Bloomberg #Macroeconomic #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macro Subscribe to The Bitcoin Layer on Soundwise

Explaining Michael Howell's Global Liquidity Framework

In this episode, Nik is joined by Bloomberg's senior ETF analyst Eric Balchunas. Eric details the records shattered by BlackRock's and Fidelity's bitcoin ETFs, explains why bitcoin gives investors portfolio completion, and forecasts the next couple years of institutional demand. He also opines on the latest disclosures showing that hedge funds and pension funds have started purchasing bitcoin ETFs.

The Bitcoin Layer is brought to you by River. Visit http://River.com/TBL and earn up to $100 in bonus Bitcoin when you buy.

Subscribe and turn on notifications for TBL on YouTube.
Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
Follow TBL on X:   / thebitcoinlayer  
Subscribe to The Bitcoin Layer on your favorite podcast platform. 
Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg

The Bitcoin Layer is a bitcoin and global macroeconomic research firm. 
The Bitcoin Layer and its guests do not provide investment advice.

Block Height 843901 #thebitcoinlayer 

Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

#TheBitcoinLayer #NikBhatia #BitcoinETFs #BlackRock #Fidelity #EricBalchunas #HedgeFunds #PensionFunds #InstitutionalDemand #InvestingTips #ETFs #PortfolioManagement #BitcoinInvesting #ETFAnalysis #MarketTrends #BlackRockETF #FidelityETF #BloombergFinance #HedgeFundInvesting #PensionFundInvesting #InvestmentStrategies #BitcoinMarket #ETFTrends #InstitutionalInvestment #FinancialInsights #BitcoinNews #Bloomberg #Macroeconomic #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macro Subscribe to The Bitcoin Layer on Soundwise

Bitcoin ETFs are DEMOLISHING Records: "This Is Crazy" | Eric Balchunas

In this episode, Nik delivers a global macro update after CPI misses expectations and bitcoin jumps over 5%. He starts with the latest inflation data and weighs policy motivations at the Federal Reserve. After recapping inflation and very poor retail sales data, Nik goes through the candlesticks of Treasuries, stocks, and bitcoin to measure the market's reaction, which is bullish due to the promise of more liquidity and rate cuts this year. He also notes that TBL is on recession watch and Ethereum death watch.

The Bitcoin Layer is brought to you by River. Visit http://River.com/TBL and earn up to $100 in bonus Bitcoin when you buy.

Subscribe and turn on notifications for TBL on YouTube.
Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
Follow TBL on X:   / thebitcoinlayer  
Subscribe to The Bitcoin Layer on your favorite podcast platform. 
Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg

The Bitcoin Layer is a bitcoin and global macroeconomic research firm. 
The Bitcoin Layer and its guests do not provide investment advice.

Block Height 843620 #thebitcoinlayer 

Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

#TheBitcoinLayer #NikBhatia #JoeConsorti #GlobalMacroUpdate #BitcoinJump #CPIData #InflationUpdate #FederalReserve #MarketAnalysis #TreasuryCandlesticks #StockMarket #RetailSales #BitcoinAnalysis #Liquidity #RateCuts #RecessionWatch #EthereumDeathWatch #ETH #ETHBTC #CryptoMarket #EconomicUpdate #FinancialNews #MarketReaction #Investing #EconomicTrends #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macro Subscribe to The Bitcoin Layer on Soundwise

Global Macro Update: Bitcoin Soars as CPI Falls

In this video, Joe provides a timely bitcoin update after more sideways price action. He covers GameStop's surprise resurgence, why credit spreads are still low and can stay there for a while, miner economics, spending behavior, and why bitcoin stands to chop higher through the summer given the favorable macro and liquidity backdrop.

The Bitcoin Layer is brought to you by River. Visit http://River.com/TBL and earn up to $100 in bonus Bitcoin when you buy.

Subscribe and turn on notifications for TBL on YouTube.
Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
Follow TBL on X:   / thebitcoinlayer  
Subscribe to The Bitcoin Layer on your favorite podcast platform. 
Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg

The Bitcoin Layer is a bitcoin and global macroeconomic research firm. 
The Bitcoin Layer and its guests do not provide investment advice.

Block Height 843472 #thebitcoinlayer 

Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

#TheBitcoinLayer #NikBhatia #JoeConsorti #BitcoinUpdate #BitcoinBullMarket #XBTUSD #BTCUSD #Consolidating #DifficultyAdjustment #Glassnode #Metrics #GME #RoaringKitty #MemeStocks #GameStop #MarketAnalysis #CreditSpreads #MinerEconomics #SpendingBehavior #FinancialMarkets #MarketTrends #InvestmentAnalysis #EconomicUpdate #MarketInsights #SidewaysMarket #Liquidity #SummerTrends #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Learn #Teach #Teacher #Blockchain #Mining #BitcoinMining #macro Subscribe to The Bitcoin Layer on Soundwise

Financial Plumbing Masterclass & Macro Update

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