Threadguy Live

Kel XYZ, the Messari alum who was publicly early on Solana in 2023, Hyperliquid before its launch, and Zcash before anyone would admit to holding it, sits down for a rare hour-long interview. He lays out how he hunts the crowd's bias instead of asymmetric information, why he trades almost entirely spot and stays away from leverage, the conviction-to-hold rule that lets him sit through two years of noise, and the full case for why private Bitcoin has met its time. Also: the on-chain ceiling, whether anything wins in decentralized AI, the books behind his edge, and where the alpha actually hides.

The Anthropic S-1 leaks with a $42B net loss and $518B in cloud obligations, and Thread thinks the market knows more than the bears. Also on the docket: why Acorns should round your change into 25x leverage, why robots will never replace human athletes and AI music still can't go viral, and Kel XYZ on the Titan Finance rug, finding the crowd's bias, and where the alpha actually hides.

Thread wakes up obsessed with rare books and finds out the AI labs are buying them up and burning them, fat fingers a $2M Nvidia long, and plants two seeds: IRL is back and Live Nation printed, and AI slop is going to win YouTube. Also on the docket: Dario's Red Wedding dinner with Trump, Muse back to useless, and the SEC ruling that makes token buybacks legal.

Thread reads Evan's six calls for the cycle, from privacy coins into the 2028 election to the social trading casino, and revisits the Evan vs Frank meme coin debate two months later. Also on the docket: trading cards as the new art market, $XPL as a divorce coin, 0xquit's white-hat rescue of 23,000 NFTs, the $350M Bitget hack Hyperliquid Jeff warned about in 2023, and whether Trump's mockery of Washington makes things better or worse.

Koolkrypto, the anonymous crypto options trader behind the Derive PnL cards, sits down after a $1.5M ETH trade to explain why on-chain options are finally having their growth spurt and why perps traders should be using both. He walks through how he structures asymmetric call spreads, when he buys insurance on a monster long, and what would make him exit a trade that keeps going up. Also the pair trade he thinks is mispriced, his controversial ETH thesis, why he'd rather be short Solana than anything else, where he stands on Zcash, the airdrop that made his fund, and his read on a local top.

Rekt Mando, ex high yield and distressed trader turned crypto plumber, is back for his monthly sit-down. He lays out which coins the returning institutional bid is actually chasing and why the consensus rally keeps getting vamped, where he thinks this cycle tops and why he refuses to call a number, the one coin he thinks carries a real multiple, and the trade where doing nothing was his best move. Also why he holds no Bitcoin, what trading Monero taught him, the pharma stock half his group chat is on, how a market maker really uses your coin's perps listing, and a warning about who gets wiped out on the next flush.

Thread breaks down Jack Butcher's $8 open edition mint on X Money, the once a quarter free money the crypto gods hand out, and why the market gods punish greed with leverage. Then Meta runs back the Muse partnerships, GoodAlexander's hallucination yield goes mainstream, Leopold drops $100M of premium on two week AI calls, and Thread rants about ZCAT and Useless before Koolkrypto joins with the Derive bullcase.

Meta rips on the Muse launch and Threadguy explains why an agent that reads your email turns Meta into the greatest ad product in history, why all AI has really built so far is targeted ads, and how it wrote his refund email. Also the WallStreetBets zero-day round trip, paying $1,000 a month for an unbiased LLM, the most cursed coin ever launched, and Rekt Mando on why the VC coins are winning this cycle.

Ben Cowan posts "I was wrong" and Threadguy takes the victory lap, then runs the weekend's late-stage capitalism top signals: a rave on the NYSE floor, Jake Paul at the Treasury, and a Senate that can't spell Bitcoin. Also the Corgi Cafe dating list and whether anyone is post-economic, Instinct and Meta Muse, why Bitcoin is deeply underestimated, and Warren Buffett's career graded year by year after his retirement.