On The Margin

In this episode, Jim Bianco and James Seyffart join Felix at Permissionless to discuss who has been buying the BTC ETFs, whether ETFs are consistent with crypto ideals, and why the BTC ETFs were more successful than the ETH ETFs. We also delve into the difference between buying to hold and arbitrage, BTC ETF options, and much more. Enjoy!—Follow Jim Bianco: https://x.com/biancoresearchFollow James Seyffart: https://x.com/JSeyffFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/Blockworks_—Polkadot is the foundation for an open and resilient web. Governed by its users, Polkadot empowers the largest DAO of 1.3M DOT holders to shape the network’s future. Home to 500+ apps and chains backed by $6B in shared security, Polkadot is revolutionizing DeFi, GameFi, AI, RWAs, and more. With upgrades like Async Backing, Agile Coretime, Elastic Scaling, and JAM on the horizon, now’s the time to join.Start your journey today at polkadot.com/get-started MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Learn more: https://www.mantrachain.io/—Timestamps:(00:00) Introduction(00:49) Have Bitcoin ETFs Been A Success?(02:27) Who is Buying Bitcoin ETFs?(06:58) Are ETFs Consistent with Crypto Ideals?(11:13) Basis Trade vs Holding(15:46) Advertisements(17:21) ETH ETFs vs BTC ETFs(22:08) Bitcoin ETF Options(26:59) Crypto Ideals at Risk? —Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Great BTC ETF Debate: Bearish or Bullish?

In this episode, Charles Edwards joins the show to discuss why the current cycle is the last that will matter, the impact of Bitcoin ETFs, and what the on-chain data is signaling. We also delve into the approval of options on the IBIT ETF, the key top signals, and much more. Enjoy!—Follow Charles Edwards: https://x.com/caprioleioFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/Blockworks_On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin—Polkadot is the foundation for an open and resilient web. Governed by its users, Polkadot empowers the largest DAO of 1.3M DOT holders to shape the network’s future. Home to 500+ apps and chains backed by $6B in shared security, Polkadot is revolutionizing DeFi, GameFi, AI, RWAs, and more. With upgrades like Async Backing, Agile Coretime, Elastic Scaling, and JAM on the horizon, now’s the time to join.Start your journey today at polkadot.com/get-started MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Learn more: https://www.mantrachain.io/—Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii—Timestamps:(00:00) Introduction(02:04) Macro Overview(03:54) Soft Landing vs Hard Landing(06:09) Bitcoin Seasonality(09:22) Current Bitcoin Cycle Dynamics(12:57) Bitcoin Macro Index(14:41) Future Bitcoin Cycles Won't Matter(17:10) On-chain Data(19:50) Bitcoin ETFs(23:09) Ads(24:23) Interview Continues(27:38) Impact of IBIT Options(29:05) Financialization vs the Bitcoin Ethos(31:53) The Bitcoin Endgame(34:44) Leverage &amp; Funding Rates(38:35) Top Signals —Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Last Bitcoin Cycle That Matters | Charles Edwards

In this episode, James and Felix discuss the latest Federal Reserve interest rate decision, the impact of quantitative easing &amp; tightening, and the consequences of trillion-dollar annual deficits. We also delve into the repo market, why the Fed is disconnected from inflation, the role of hard assets like Bitcoin and gold, and much more. Enjoy! —Follow James Lavish: https://x.com/jameslavishFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/Blockworks_On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin—Polkadot is the foundation for an open and resilient web. Governed by its users, Polkadot empowers the largest DAO of 1.3M DOT holders to shape the network’s future. Home to 500+ apps and chains backed by $6B in shared security, Polkadot is revolutionizing DeFi, GameFi, AI, RWAs, and more. With upgrades like Async Backing, Agile Coretime, Elastic Scaling, and JAM on the horizon, now’s the time to join. Start your journey today at polkadot.com/get-started MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability. Learn more: https://www.mantrachain.io/—Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii—Timestamps:(00:00) Introduction(02:11) Unpacking The Fed Decision &amp; Dual Mandate(12:53) Quantitative Easing &amp; Tightening(18:24) 2019 Repo Spike &amp; Dollar Shortage(24:39) Trillion-Dollar Annual Deficits(36:22) Advertisements(37:36) Why The Fed is Disconnected from Inflation(44:47) Is Bitcoin the Solution?(48:46) Gold &amp; Bitcoin As Stores of Value(53:13) Permissionless Ad(53:54) Bitcoin Use Case For Global Sovereigns(58:58) Where to Follow James' Work —Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Fed’s Dilemma: Deflationary Cliff Or Debt Spiral | James Lavish

This week we discuss the split odds between a 25 and 50 basis point cut at the Fed’s next meeting, market cutting cycle dynamics, and the rotation from growth to value. We also delve into the latest inflation data, rising labor productivity, and the outlook for crypto Enjoy!–Follow Ram: https://x.com/ramahluwaliaFollow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemargin–Weekly Roundup Charts: https://drive.google.com/drive/u/0/folders/1XMVpZ672sX1qJV-admNYvznOPFXR737S–Polkadot is the foundation for an open and resilient web. Governed by its users, Polkadot empowers the largest DAO of 1.3M DOT holders to shape the network’s future. Home to 500+ apps and chains backed by $6B in shared security, Polkadot is revolutionizing DeFi, GameFi, AI, RWAs, and more. With upgrades like Async Backing, Agile Coretime, Elastic Scaling, and JAM on the horizon, now’s the time to join.Start your journey today at polkadot.com/get-startedMANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Learn more: https://www.mantrachain.io/–Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii–Timestamps:(00:00) Introduction(02:22) Ram's Background(03:26) 25 Bps vs 50 Bps(08:42) Inflation Data(11:01) The Economy Is Okay(12:36) Fed Opening the Door to 50 Bps Cut(16:08) Parsing the Economic Data(18:12) Labor Productivity(20:27) Ads(21:44) Chinese Economy &amp; Red Flags(28:08) US Equities(32:02) Growth Vs Value(34:31) Factor Market(36:34) Market Rotation(44:24) Permissionless Ad(45:02) Narratives Driving Markets(48:21) Digital Assets(54:49) Bitcoin &amp; Crypto Price Action(59:05) Hot Money Rotation(01:00:37) Cutting Cycle Dynamics –Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Fed Cutting Cycle Imminent, What's Next for Markets? | Weekly Roundup

In this episode, Austin Campbell joins the show to discuss the modern banking system and how crypto is driving innovation. We also delve into stablecoin designs, their role in dollar hegemony, the pros and cons across the spectrum of decentralization, and much more. Enjoy!–Follow Austin Campbell: https://x.com/CampbellJAustinFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemarginNYDFS Stablecoin Guidance: https://www2.deloitte.com/content/dam/Deloitte/us/Documents/regulatory/us-regulatory-nydfs-stablecoin-guidance.pdf–MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Learn more: https://www.mantrachain.io/–Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii–Timestamps:(00:00) Introduction(01:46) Austin's Background(03:21) Unpacking the Banking System(06:15) Money Markets &amp; Reverse Repo(10:35) Crypto's Role in Banking(14:05) Stablecoin Designs &amp; Reserves(22:00) What is Crypto Solving?(27:33) Mantra Ad(28:14) Spectrum of Decentralization(32:34) CBDCs(36:41) Blockchains vs Databases(40:06) Permissionless Ad(40:46) Crypto &amp; Dollar Hegemony(44:52) Backlash to Crypto(47:46) Crypto Market Outlook–Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Breaking Down the Disconnect Between TradFi & Crypto | Austin Campbell

This week we discuss the soft jobs report and how it compares to the other data, the state of the yield curve and credit markets, and how China is bringing down commodities. We also delve into AI centralization, the outlook for Bitcoin and crypto, and much more. Enjoy!–Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemargin–Weekly Roundup Charts: https://drive.google.com/file/d/1GnXSyf79KLMoG5p0RRFoNBoAQUet_TOE/view?usp=sharing–Polkadot is the foundation for an open and resilient web. Governed by its users, Polkadot empowers the largest DAO of 1.3M DOT holders to shape the network’s future. Home to 500+ apps and chains backed by $6B in shared security, Polkadot is revolutionizing DeFi, GameFi, AI, RWAs, and more. With upgrades like Async Backing, Agile Coretime, Elastic Scaling, and JAM on the horizon, now’s the time to join.Start your journey today at polkadot.com/get-startedMANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Learn more: https://www.mantrachain.io/–Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii–Timestamps:(00:00) Introduction(01:37) Non-Farm Payrolls(09:52) Comparing Other Labor Market Data(12:47) The Fed's Reaction Function(17:54) The Yield Curve Uninverting(19:13) Credit Spreads &amp; Equity Rotation(25:54) Buy What The Government Is Incentivizing(28:34) Advertisements(29:48) Tyler's AI Rant(33:25) What's Going On In China?(39:30) Flight From China(41:52) Permissionless Ad(42:32) Crypto Market Update(44:54) The Effects Of Rate Cuts(47:13) Bitcoin Downside &amp; Outlook–Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Fed Easing Will Match Weakness In The Labor Market | Weekly Roundup

In this episode, Eric Wallerstein joins the show to discuss why the labor market is cooling (not crashing), the decline in the personal savings rate, and increasing labor productivity. We also break down GDP, the credit markets, and how to rethink asset allocation in today's market. Enjoy!–Follow Eric Wallerstein: https://x.com/ericwallersteinYardeni QuickTakes: https://www.yardeniquicktakes.com/Follow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemargin–MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Learn more: https://www.mantrachain.io/–Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii–Timestamps:(00:00) Introduction(01:14) Eric's Background(03:07) The Labor Market Is Okay(08:17) Why The Fed Is So Dovish(11:08) Consumer Savings(14:22) Real Wages(16:53) Labor Productivity(20:38) Breaking Down GDP(24:08) Economic Big Picture(26:46) Mantra Ad(27:25) Risks To The Consumer(29:52) The Fed Doesn't Need To Cut(33:34) Private Credit Markets(37:08) The Fed Supporting Credit Markets(39:17) Bond Markets(41:54) Stock &amp; Bond Correlations(44:10) Rethinking Asset Allocation(46:22) Permissionless Ad(47:02) Global Markets &amp; The Carry Trade Unwind(49:36) Chinese Economy(52:15) Europe Doesn't Issue Debt(55:31) Key Takeaways–Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Why The Fed Shouldn’t Cut Rates | Eric Wallerstein

This week we discuss NVIDIA's latest earnings, the ongoing market rotation from growth to value, and the connection between credit spreads and unemployment. We also delve into the health of the consumer, the future Federal Reserve balance sheet, and Bitcoin geopolitics. Enjoy!--On the Margin Survey: https://on-the-margin.beehiiv.com/forms/5c7fc920-a57a-496b-9708-1d137bd3014b--Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemarginWeekly Roundup Charts: https://drive.google.com/file/d/1fUP_rOgvrTDONP2DfYnJyrzgbmWFt0mP/view?usp=drive_link Kansas Fed Paper: https://www.kansascityfed.org/Jackson%20Hole/documents/10443/Anil_Kashyap_Remarks_JH.pdf –Polkadot is the foundation for an open and resilient web. Governed by its users, Polkadot empowers the largest DAO of 1.3M DOT holders to shape the network’s future. Home to 500+ apps and chains backed by $6B in shared security, Polkadot is revolutionizing DeFi, GameFi, AI, RWAs, and more. With upgrades like Async Backing, Agile Coretime, Elastic Scaling, and JAM on the horizon, now’s the time to join.Start your journey today at polkadot.com/get-started MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Learn more: https://www.mantrachain.io/–Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:00:00 Introduction02:27 NVIDIA Earnings08:12 Growth Vs Value11:36 S&amp;P 500 Earnings Growth14:02 Yield Curve Steepening17:40 High Yield Spreads19:58 Credit Spreads, Unemployment &amp; Recession23:00 The Health Of The Consumer29:59 Advertisements31:14 The Future Fed Balance Sheet37:05 Consequences Of Controlling Volatility38:57 Central Bank Independence41:18 Permissionless Ad41:57 A Weaker US Dollar44:54 Bitcoin &amp; Geopolitics53:19 Nobody Makes Money In Perps56:51 Are Rate Cuts Bearish?59:29 Will We Ever See Negative Real Rates Again?01:02:02 Altcoins &amp; Macro --Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

NVIDIA Passing The Baton From Growth To Value | Weekly Roundup

In this episode, Michael Howell of CrossBorder Capital joins the show to discuss the uptrend in global liquidity, a possible Shanghai Accord 2 to weaken the dollar, and the relationship between debt and liquidity. We also discuss the real breakeven inflation rate, the yield curve, and why you need monetary inflation hedges. Enjoy!--Follow Michael Howell: https://x.com/crossbordercapFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(01:18) Powell's Jackson Hole Speech(04:20) Uptrend In Global Liquidity(05:53) Global Risk Exposure(12:10) A New Shanghai Accord(18:44) Mantra Ad(19:24) Mechanics Of Yen Intervention(22:01) The Treasury Market(30:20) Breakeven Inflation Rates(32:56) Debt-To-Liquidity Ratio(35:52) Permissionless Ad(36:33) US Public Debt(40:14) Monetary Inflation Hedges(43:11) Managing Bill Issuance(47:03) Bull Vs Bear Steepener(48:50) The Structure Of Global Liquidity(50:08) The MOVE Index(53:49) Treasury Buybacks(55:06) Real Interest Rates(56:38) Equity Market &amp; PBOC Liquidity(59:37) More Upside In Gold &amp; BTC --Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Bull Market Will Continue Into 2025 As Liquidity Heads Higher | Michael Howell

This week we discuss Powell’s dovish Jackson Hole speech, employment outweighing inflation, and Kamala Harris’ newly-proposed economic policies. We also dive into the credit markets, crypto regulation, and altcoins. Enjoy!--On the Margin Survey: https://on-the-margin.beehiiv.com/forms/5c7fc920-a57a-496b-9708-1d137bd3014bRoundup Chart Deck: https://blckwrks.co/4dUUAj5--Follow Zaheer: https://x.com/SplitCapitalFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemargin–Polkadot is the foundation for an open and resilient web. Governed by its users, Polkadot empowers the largest DAO of 1.3M DOT holders to shape the network’s future. Home to 500+ apps and chains backed by $6B in shared security, Polkadot is revolutionizing DeFi, GameFi, AI, RWAs, and more. With upgrades like Async Backing, Agile Coretime, Elastic Scaling, and JAM on the horizon, now’s the time to join.Start your journey today at polkadot.com/get-started–Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(02:13) Jackson Hole Speech(08:17) Employment Outweighing Inflation(09:33) Zaheer's Macro View(11:18) Housing Comeback(13:49) Polkadot Ad(14:26) Global Liquidity(18:01) Credit Isn't The Problem(23:02) New Cycle Of Investing(26:22) Kamala's Economic Policies(34:45) Permissionless Ad(35:27) Crypto Regulation(42:27) Election Impact On Crypto(44:19) Crypto Market Outlook(50:42) The Bull Market Hasn't Even Started(54:55) Altcoins(59:21) Attributes Of Value(01:01:37) Don't Fight The Fed(01:03:11) Polkadot Ad--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Fed Put Is In & Global Easing Has Begun | Weekly Roundup

In this episode, Capital Flows joins the show to discuss his macro philosophy &amp; framework, why he was bullish after the VIX surge, and his views on the yield curve. We also discuss the equity bull market, whether the Fed will allow a recession, and the key drivers of bitcoin's price. Enjoy!--Follow Capital Flows: <a href="https://x.com/Globalflows">https://x.com/Globalflows</a>Capital Flows Substack: https://www.capitalflowsresearch.com/Follow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(01:59) Capital Flows Research &amp; Strategy(04:49) Macro Philosophy(07:48) Macro Framework(11:39) Bullish After VIX Surge(15:26) Credit &amp; Duration Risk(18:46) Mantra Ad(19:26) Interest Rate Expectations(25:51) Bull Vs Bear Steepener(27:27) What's Priced Into The Curve(30:38) Permissionless Ad(31:17) What's Driving The Equity Bull Market(36:31) Upside Tail Risks(39:31) Will The Fed Allow An Extended Recession?(43:58) Bitcoin Price Drivers --Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Generating Alpha In Macro | Capital Flows

This week we discuss the back and forth between recession and soft landing, the bond market’s economic signals, and the Fed's measured response to the market sell-off. We also delve into the massive VIX decline, July’s CPI, and the frustrating crypto market. Enjoy!--On the Margin Survey: https://on-the-margin.beehiiv.com/forms/5c7fc920-a57a-496b-9708-1d137bd3014b--Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemargin–Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(01:39) Schrödinger's Soft Landing(04:19) What Is The Bond Market Saying About The Economy?(06:54) The Fed Kept Its Cool(09:05) Massive VIX Decline(11:40) Will Markets Adjust To The Sell-Off?(18:06) The Role Of Flows(21:57) July CPI(24:58) What's Going On With China?(29:13) The Fed's Next Move(31:26) Market Overreaction(34:17) Bitcoin &amp; ETFs(40:06) Frustrating Crypto Market(42:48) How Many New Balances Does Tyler Own?(44:09) What Can Stop The Fiscal Debt Spiral?(47:53) Why The BOJ Backpedaled(53:41) The Globalization Of Central Banks --Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Has The Dust Settled? | Weekly Roundup

In this episode, Alex Campbell joins the show to discuss volatility, "Magnificent Seven" concentration, and dispersion trades. We also unpack the mechanics of the carry trade, how short volatility and hedging strategies are shaping the markets, and the role of artificial intelligence in finance. Enjoy!--Follow Alex: https://x.com/abcampbellFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii-- Timestamps:(00:00) Introduction(01:06) Market Volatility Overview(04:51) Magnificent Seven Concentration(06:24) Dispersion Trades(10:49) Market Risks &amp; Correlations(14:09) Mantra Ad(15:15) The Carry Trade(18:14) Market Volatility Vs Credit &amp; The Economy(23:44) Impact Of Short Volatility &amp; Hedging On Markets(31:25) Permissionless Ad(32:04) Artificial Intelligence And Alex's Startup Rose AI(34:54) Collecting &amp; Using Market Data(39:44) The Future Of Finance(43:46) Future Of The AI Industry(46:20) Alex's Thoughts On Crypto --Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Mystery Behind The Stock Market Sell-Off | Alex Campbell

This week we discuss the unwinding of the carry trade, the impact of correlations during deleveraging events, and which assets stand to benefit the most from increased liquidity and upcoming rate cuts. We also delve into the widening of credit spreads, steel man the recession argument, and examine the state of the labor market. Enjoy!--Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPod On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--Polkadot is the foundation for an open and resilient web. Governed by its users, Polkadot empowers the largest DAO of 1.3M DOT holders to shape the network’s future. Home to 500+ apps and chains backed by $6B in shared security, Polkadot is revolutionizing DeFi, GameFi, AI, RWAs, and more. With upgrades like Async Backing, Agile Coretime, Elastic Scaling, and JAM on the horizon, now’s the time to join. Start your journey today at polkadot.com/get-started --Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:00:00 Introduction01:38 Reflecting On The Market Unwind07:41 No Asset Spared In Deleveraging Events12:23 Polkadot Ad13:22 Navigating Extreme Volatility18:39 Assessing Liquitidy Signals21:23 What Benefits The Most From Liquidity &amp; Rate Cuts?23:36 Looking At Credit Spreads26:14 Steel Man-ing The Recession Argument42:30 Permissionless Ad43:10 State Of The Labor Market45:38 Where Is Economic Growth?50:37 Is The Recession On Its Way?55:18 Crypto Market Overview01:03:36 Biggest Trading Mistakes01:08:26 How Much Of The Carry Trade Is Unwound --Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Recession vs Rebound Debate | Weekly Roundup

In this episode, Claudia Sahm joins the show to discuss her namesake recession indicator the Sahm Rule. We deep dive into unemployment, whether or not we are in a recession, and how the Federal Reserve should be reacting. Enjoy!--Follow guest: https://x.com/Claudia_SahmFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodOn The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(01:13) What is the Sahm Rule?(06:29) Sahm Rule Triggered(08:37) Purpose of the Sahm Rule(10:20) Are We in a Recession?(14:05) Mantra Ad(15:18) Unemployment Dynamics of the Sahm Rule(18:16) Unemployment Dynamics of a Recession(21:22) Sahm Rule 2.0(22:56) Blame the Fed, Not the Sahm Rule(24:35) July Unemployment Report(32:10) Permissionless Ad(32:49) How the Fed Looks at the Labor Market(38:14) Should the Fed be Cutting Rates?(40:38) Are We Heading for a Hard Landing?--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Sahm Rule Triggered, Are We In A Recession? | Claudia Sahm

This week we discuss another volatile week in markets with the continuing deleveraging that took place as on the back of a data heavy week. We discuss our takeaways from FOMC, QRA, economic data &amp; the market reaction. Enjoy!--On the Margin Survey: https://on-the-margin.beehiiv.com/forms/5c7fc920-a57a-496b-9708-1d137bd3014b--Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow On The Margin: https://twitter.com/OnTheMarginPod On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--Referenced In The Show: https://a16z.com/the-crypto-price-innovation-cycle/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(02:28) QRA &amp; FOMC Takeaways(16:07) Why Are Markets Unwinding?(23:51) The Yen Carry Trade Unwind(26:11) Permissionless Ad(26:50) What's Happening In Crypto?(31:13) Coinbase Earnings(35:39) Tether Earnings--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Why Are Markets Unwinding? | Weekly Roundup

In this episode, Danny Dayan joins the show to break down what he is seeing in markets post FOMC. With rate cuts expected &amp; markets continuing to melt up, Danny makes the case for why the Fed shouldn't be cutting rates here. Enjoy!--Follow Danny: https://x.com/DannyDayan5Follow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(00:32) FOMC Takeaway's(03:24) The Economy Is Strong, Should The Fed Cut Rates?(11:03) Mantra Ad(12:10) Why Is This Economic Cycle Different?(17:56) QRA &amp; The QT Impact(22:08) What's The Trade?(28:27) Permissionless Ad(29:05) Stock Market Rotation &amp; The Yen Carry Trade Unwind(37:51) What's Next For Markets?--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Economy Remains Strong, Stocks Continue To Melt-Up | Danny Dayan

This week we discuss the volatile week in markets with the deleveraging that took place as the Yen carry trade unwound. With markets quickly bouncing back, we discuss is it time to be bullish? We then deep dive into the launch of the ETH ETFs, the path forward for crypto &amp; the inflation outlook. Enjoy! --Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Mike: https://x.com/MikeIppolito_Follow On The Margin: https://twitter.com/OnTheMarginPod On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--Referenced In The Show: https://a16z.com/the-crypto-price-innovation-cycle/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Is It Time To Be Bullish? | Weekly Roundup

In this episode, Lyn Alden joins the show to discuss the rise of fiscal dominance &amp; it's impact on markets in H2 2024 &amp; beyond. We then deep dive into Bitcoin as a reserve asset, the election impact, what asset classes should perform well over the next 3-6 months &amp; more. Enjoy!--Follow Lyn: https://x.com/LynAldenContactFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(00:49) The Rate Cutting Cycle(05:09) Is The Economy Slowing?(08:51) Will We See A Recession?(11:02) The Small Cap Rotation(13:34) Mantra Ad(14:43) The Rise Of Fiscal Dominance(18:12) The Election Impact(21:34) Bitcoin As A Strategic Reserve Asset(33:13) Permissionless Ad(33:54) Oil &amp; Energy(42:05) Stocks, Bonds &amp; The Three Pillar Portfolio--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Rise Of Fiscal Dominance | Lyn Alden

This week we discuss what is happening in crypto &amp; traditional markets. With rate cut expectations building, are we on the verge of a massive small cap rotation? We then deep dive into the dispersion trade unwind, is crypto about to catch up to the momentum in traditional markets, the U.S election impact &amp; more. Enjoy!--Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Mike: https://x.com/MikeIppolito_Follow On The Margin: https://twitter.com/OnTheMarginPod On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Stock Market & Crypto Are Turning | Weekly Roundup

In this episode, Andy Constan joins the show for a discussion on the current state of the U.S economy &amp; inflation continues to roll over &amp; financial conditions remain loose. We deep dive into the outlook for stocks, bonds &amp; markets into H2 2024. Enjoy!--Follow Andy: https://x.com/dampedspringFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/-- Timestamps:(00:00) Introduction(00:27) Why The Economy Has Remained Strong(04:39) Financial Conditions Are Still Loose(11:32) Mantra Ad(12:39) Relief In The Long End Has Been Fueling A Stock Market Rally(23:01) What To Expect From The QRA?(29:24) Permissionless Ad(30:02) Alpha vs Beta --Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii

A Soft Landing Is Unrealistic | Andy Constan

In this episode, we dive deep into the latest CPI data showing potential deflationary trends and explore its implications. We analyze how deflation could reshape crypto, gold, and technology stocks. We also cover the Federal Reserve's likely response, the weakening dollar, and the potential for a major market rotation from big tech to small caps and commodities. Thanks for tuning in!--Follow Quinn: <a href="https://x.com/qthomp">https://x.com/qthomp</a>Follow Felix: <a href="https://twitter.com/fejau_inc">https://twitter.com/fejau_inc</a>Follow Tyler: <a href="https://twitter.com/Tyler_Neville_">https://twitter.com/Tyler_Neville_</a>Follow Mike: <a href="https://x.com/MikeIppolito_">https://x.com/MikeIppolito_</a>Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a> On The Margin Newsletter: <a href="https://blockworks.co/newsletter/onthemargin">https://blockworks.co/newsletter/onthemargin</a>--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at <a href="https://www.avax.network/">https://www.avax.network/</a>--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: <a href="https://blockworks.co/event/permissionless-iii">https://blockworks.co/event/permissionless-iii</a>--Timestamps:(00:00) Introduction(01:11) CPI &amp; Inflation Outlook(13:05) Avalanche Ad(14:30) Equity Outlook(25:13) Labor Market Conditions(34:54) Permissionless Ad(35:34) German Gov &amp; Mt Gox Supply Overhang(45:01) Crypto vs Gold Catch Up Trade(55:06) Evolving Politics Culture--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.Timestamps:

What Deflation Means for Crypto, Gold and Tech | Weekly Roundup

In this episode, Julian Brigden of MI2 Partners discusses the current economic landscape, challenging the prevailing optimism about a soft landing. He delves into the complexities of the labor market, the sticky nature of core service inflation, and the psychological shift in corporate pricing strategies. Brigden explores the Federal Reserve's dilemma in managing inflation without triggering a recession, and examines global economic flows and their impact on the US dollar. To close out Julian unpacks where potential may exist in the choppy market. Enjoy!--Follow Julian Brigden: <a href="https://x.com/julianmi2?lang=en">https://x.com/julianmi2</a>Follow Felix: <a href="https://x.com/fejau_inc">https://x.com/fejau_inc</a>Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a> On The Margin Newsletter: <a href="https://blockworks.co/newsletter/onthemargin">https://blockworks.co/newsletter/onthemargin</a>--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at <a href="https://www.avax.network/">https://www.avax.network/</a>--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: <a href="https://www.mantrachain.io/">https://www.mantrachain.io/</a>--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: <a href="https://blockworks.co/event/permissionless-iii">https://blockworks.co/event/permissionless-iii</a>--Timestamps:(00:00) Introduction(01:46) Are Rate Cuts Coming?(08:54) Why Rate Cuts Might Not Come(14:46) Avalanche Ad(16:07) Mantra Ad(17:13) Why Rate Cuts Might Not Come (Continued)(20:41) 2025 Recession Outlook(29:02) Bond Market Sentiment(30:48) Permissionless Ad(31:28) Reality of Inflation(48:13) Global Market Opportunity--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

An Inevitable Recession? Why the Soft Landing is a Myth | Julian Brigden

This week Raoul Pal joins the show to discuss his exponential age thesis. We deep dive into why liquidity will resurge into H2 2024, why diversification is dead, financial repression, the fourth turning &amp; how all these factors impact markets. Enjoy!--Follow Raoul: https://x.com/RaoulGMIFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_ On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin --MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(02:17) The Liquidity Cycle(09:26) Trouble In Japan's FX Market(13:00) Mantra Ad(14:06) Financial Repression(15:43) Diversification Is Dead(20:12) The Age Of Debt(27:25) Permissionless Ad(28:06) The Crypto Thesis(39:28) The Banana Zone(46:10) Changing Your Investment Framework(48:55) The Fourth Turning--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Exponential Age: Liquidity Will Continue To Surge Into 2025 | Raoul Pal

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, we discuss the latest in markets after the presidential debate between Biden &amp; Trump. We deep dive into how markets would react to a Biden vs Trump win in November, the indicators suggesting the Fed will need to cut rates soon, crypto's setup into H2 2024 &amp; Friday's PCE print. Enjoy!--Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Mike: https://x.com/MikeIppolito_ On The Margin Newsletter: https://blockworks.co/newsletter/onthemargin --Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Rate Cuts Are Coming | Weekly Roundup

This week David Cervantes joins the show for a discussion on the current setup for both the economy and markets heading into the second half of 2024. We discuss the recession outlook, will stocks continue to grind higher &amp; how to make macro actionable. Enjoy!--Follow David: https://x.com/EconstratPBFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(01:00) The Fed's Already Got Their Soft Landing(08:14) The Economy Is Slowing(11:34) Mantra Ad(12:44) When Will The Fed Cut Rates?(17:15) How To Make Macro Actionable(29:15) Permissionless Ad(29:54) The U.S Fiscal Dilemma(32:18) Can Stocks Continue To Rally In 2024?--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

There's Still No Recession, Can Stocks Continue To Grind Higher? | David Cervantes

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, we discuss are markets beginning to roll over as market breadth continues to widen. We then deep dive into the U.S election impact, inflation &amp; are we entering a growth slowdown? Enjoy!--Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Are Markets Beginning To Roll Over? | Weekly Roundup

This week Joe McCann joins the show for a discussion on the current backdrop for macro &amp; crypto. As markets anticipate Fed rate cuts, will stocks &amp; crypto continue to rally if a resurgence in liquidity is around the corner? Enjoy! --Follow Joe: https://x.com/joemccannFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(01:08) Combining The Worlds Of Macro &amp; Crypto(09:46) The Crypto Thesis(14:22) Solana(21:53) Bitcoin(25:18) Rate Cuts Are Coming(31:00) Takeaways From FOMC(39:30) Liquidity Is About To Resurge--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Liquidity Will Soon Rise | Joe McCann

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, we discuss our takeaways from this weeks crucial CPI &amp; PPI prints alongside the Fed's slightly hawkish FOMC meeting. We deep dive into the current market structure &amp; discuss whether or not this rally could be about to enter a couple months of weakness? Enjoy!--Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

What's The End Game For Inflation? | Weekly Roundup

This week Joseph Wang joins the show post FOMC to break down how markets are reacting to positive inflation data &amp; Powell's press conference comments. As the U.S continues to run large fiscal deficits, Joseph outlines his thesis for why he expects stocks to continue crushing bonds in 2024 &amp; why markets will actually crash up instead of down. Enjoy! --Follow Joseph: https://x.com/FedGuy12Follow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(01:14) FOMC Meeting Takeaways(10:30) The U.S Labour Market(12:56) Mantra Ad(14:05) Stocks Will Continue To Crush Bonds In 2024(16:43) Rate Cuts Are Coming... And It's Bullish(19:51) Gold, Commodities &amp; Bitcoin(23:45) Crypto's Wealth Effect(27:55) Is There A Bear Case For Equities?(30:14) Permissionless Ad(30:52) Monetary Plumbing &amp; The QT Taper(34:32) Presidential Elections &amp; Their Impact On Markets--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Stocks Will Continue To Crush Bonds In 2024 | Joseph Wang

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, we discuss are we at the beginning of a global rate cutting cycle as the ECB, BoC &amp; SNB have all lowered interest rates. How will this impact markets in the second half of 2024? Enjoy!--Follow Quinn: https://x.com/qthompFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Mike: https://twitter.com/MikeIppolito_--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Beginning Of The Rate Cutting Cycle, Time To Be Bullish? | Weekly Roundup

In this special episode, the Jason and Mike announce the launch of Expansion, a new Blockworks podcast focusing on the modular blockchain ecosystem. Expansion hosts Rex and NoSleepJon aim to explore the modular design concepts and architectural principles in the blockchain space. They highlight the benefits and challenges of modularity, the cultural and technical aspects, and how this new ecosystem is poised to disrupt existing technologies. Thanks for tuning in!- -Subscribe on YouTube: <a href="https://www.youtube.com/@expansionpod">https://www.youtube.com/@expansionpod</a>Subscribe on Apple: <a href="https://t.co/QdU3g6YyHb">http://apple.co/4bGKYYM</a> Subscribe on Spotify: <a href="https://t.co/z3aE2ch3Aw">http://spoti.fi/3Vaubq1</a> Follow Zon: <a href="https://x.com/ItsAlwaysZonny">https://x.com/ItsAlwaysZonny</a>Follow Keone: <a href="https://x.com/keoneHD">https://x.com/keoneHD</a>Follow Rex: <a href="https://x.com/LogarithmicRex">https://x.com/LogarithmicRex</a>Follow nosleepjon: <a href="https://x.com/nosleepjon">https://x.com/nosleepjon</a>Follow Expansion: <a href="https://x.com/ExpansionPod_">https://x.com/ExpansionPod_</a> Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: <a href="https://blockworks.co/newsletter/">https://blockworks.co/newsletter/</a> - -Timestamps(00:00) Introduction(05:07) Modularity in Crypto(18:50) Sovereignty &amp; ZK with Modularity(25:30) Value Accrual in Crypto(35:11) Surviving Fragmentation(43:23) Modularity Ecosystem Competition- -DisclaimerExpansion was kickstarted by a grant from the Celestia Foundation. Nothing said on Expansion 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. Rex, Jon, and our guests may hold positions in the companies, funds, or projects discussed.

Exploring Crypto's Modular Path | Rex & NoSleepJon

This episode Warren Pies Founder of 3Fourteen Research joins the show to discuss the current state of markets with oil trending lower, markets continuing to rally &amp; a pivotal FOMC next week. Enjoy!--Follow Warren: https://x.com/WarrenPiesFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:(00:00) Introduction(01:23) Oil, Rates &amp; The Global Cutting Cycle(15:58) Avalanche Ad(17:19) Mantra Ad(18:27) Inflation(25:51) What To Expect Ahead Of FOMC(32:25) Permissionless Ad(33:11) Why Did The Fed Taper QT?(39:37) The Deficit Impact(42:54) Macro Doomerism--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Fed Wants To Ease, Will The Everything Rally Continue? | Warren Pies

In this episode, Keone from Monad and Zon from Initia to discuss the spectrum between modular and integrated blockchain designs. They explore the tradeoffs in decentralization, performance and scalability between the two approaches. They explore AppChains, rollups, composability challenges in modular systems, EVM compatibility, and when to scale blockchains horizontally vs vertically. To close out Keone and Zon also share valuable insights on building Web3 communities organically. Thanks for tuning in!- -Subscribe on YouTube: <a href="https://www.youtube.com/@expansionpod">https://www.youtube.com/@expansionpod</a>Subscribe on Apple: <a href="https://t.co/QdU3g6YyHb">http://apple.co/4bGKYYM</a> Subscribe on Spotify: <a href="https://t.co/z3aE2ch3Aw">http://spoti.fi/3Vaubq1</a> Follow Zon: <a href="https://x.com/ItsAlwaysZonny">https://x.com/ItsAlwaysZonny</a>Follow Keone: <a href="https://x.com/keoneHD">https://x.com/keoneHD</a>Follow Rex: <a href="https://x.com/LogarithmicRex">https://x.com/LogarithmicRex</a>Follow nosleepjon: <a href="https://x.com/nosleepjon">https://x.com/nosleepjon</a>Follow Expansion: <a href="https://x.com/ExpansionPod_">https://x.com/ExpansionPod_</a> Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: <a href="https://blockworks.co/newsletter/">https://blockworks.co/newsletter/</a> --(00:00) Introduction(03:24) Modular vs Integrated(11:47) Who are Appchains for?(28:58) Composability in Modular World(36:15) Monad's Endgame(39:47) Importance of Decentralization(48:05) Building Web3 Community--Disclaimer: Expansion was kickstarted by a grant from the Celestia Foundation. Nothing said on Expansion 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. Rex, Jon, and our guests may hold positions in the companies, funds, or projects discussed.

The Modular Integration Spectrum | Keone & Zon

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week Jack Farley joins us to discuss the biggest stories of the week. With economic data showing early signs of slowing, we deep dive into why inflation is still a problem for most citizens &amp; although we are not in a recession, we are very much so in a "vibecession". Enjoy!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Felix: https://twitter.com/fejau_incFollow Jack: https://x.com/JackFarley96Follow Tyler: https://twitter.com/Tyler_Neville_Follow Mike: https://twitter.com/MikeIppolito_--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Inflation Paradox: Inflation Is Still A Problem | Weekly Roundup

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss the Ethereum ETF approval &amp; what it means for ETH the asset, crypto more broadly &amp; U.S elections. We then deep dive into the bull thesis &amp; discuss wether or not we are still bullish going into summer. Enjoy!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Quinn: https://twitter.com/qthompFollow Mike: https://twitter.com/MikeIppolito_--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Ethereum ETF Turning Point | Weekly Roundup

We apologise for any video/audio issues this episode!--This episode Eric Balchunas &amp; James Seyffart join the show to discuss the sudden Ethereum ETF approval shock that surprised markets this week. Enjoy!--Follow Eric: https://x.com/EricBalchunasFollow James: https://x.com/JSeyffFollow Mike: https://x.com/MikeIppolito_Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--(00:00) Introduction (01:12) The ETH Approval (08:55) Demand For An ETH ETF (14:02) Avalanche Ad(15:23) Mantra Ad (16:29) Will We See More ETFs?--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Ethereum ETF Is Approved | Eric Balchunas & James Seyffart

This episode Danny Dayan joins the show alongside Felix Jauvin for a discussion on the problem the Fed faces as inflation remains too high. Making the argument for another rate hike in 2024 vs consensus of rate cuts, we deep dive into financial conditions, the deficit impact, how the Fed broke the yield curve in 2021 &amp; more. Enjoy!--Follow Danny: https://x.com/DannyDayan5Follow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Timestamps:00:00 Introduction01:21 Forget Rate Cuts, The Fed Will Hike Again07:40 Financial Conditions Are Too Loose11:29 Avalanche Ad12:50 Mantra Ad19:47 The Fed Broke The Yield Curve In 202134:31 Fiscal Deficits &amp; The Credit Impulse39:25 The U.S Debt Problem43:09 Why Is China Buying So Much Gold?47:18 Oil50:26 How To Trade 2024?--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Forget Rate Cuts, The Fed Will Raise Rates Again In 2024 | Danny Dayan

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss the bullish setup for an everything rally. After a bullish CPI print, the return of roaring kitty &amp; most macro event risk behind us, are animal spirits about to unleash once again in a 2021 style melt-up? Are we entering the "banana zone"... Enjoy!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Quinn: https://twitter.com/qthompFollow Mike: https://twitter.com/MikeIppolito_--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Biggest Risk Is A Market Melt-Up | Weekly Roundup

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss the current U.S fiscal situation. What impact will elections have on markets &amp; the every growing U.S debt burden. Enjoy!--Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience.Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Quinn: https://twitter.com/qthompFollow Mike: https://twitter.com/MikeIppolito_--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets

What Stops The Runaway U.S Fiscal Trainwreck? | Weekly Roundup

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss the bullish setup post FOMC &amp; QRA. We also discuss the rise of distrust in institutions, Japan's Minsky moment, the rise of passive &amp; more. Enjoy!--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Quinn: https://twitter.com/qthompFollow Mike: https://twitter.com/MikeIppolito_--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Powell's Bullish Signal To Markets | Weekly Roundup

This week Bob Elliott joins the show post FOMC to discuss what is driving markets in 2024. We discuss why inflation remaisn too high, why the bond market needs to tighten financial conditions &amp; what's driving the huge rally in Gold. Enjoy!--Follow Bob: <a href="https://twitter.com/BobEUnlimited">https://twitter.com/BobEUnlimited</a>Follow Mike: <a href="https://twitter.com/MikeIppolito_">https://twitter.com/MikeIppolito_</a>Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Blockworks: https://twitter.com/blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: <a href="https://blockworks.co/event/permissionless-iii">https://blockworks.co/event/permissionless-iii</a>--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Surging Liquidity Is Fueling Higher Inflation | Bob Elliott

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss big tech earnings &amp; the role of fiscal dominance on earnings growth. To hear all this &amp; more, you'll have to tune in!--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Quinn: https://twitter.com/qthompFollow Blockworks: https://twitter.com/blockworks_--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Huge Earnings Beat For Big Tech | Weekly Roundup

This week Vincent Deluard returns to the show to discuss the most important topic in markets today... inflation. After joining the show in February 2023, Vincent was an early inflationista making the case that inflation would not return to 2%. Well, one year later that call has been correct as inflation remains elevated above the Fed's 2% target. The question is, what happens next? Enjoy!--Follow Vincent: https://twitter.com/VincentDeluardFollow Mike: https://twitter.com/MikeIppolito_Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--(00:00) Introduction (02:17) The Rise Of Secular Inflation (10:50) Mantra Ad(11:56) Geopolitical Risk, Oil &amp; The Inflation Feedback Loop (16:43) The U.S Dollar Is Still The Best Safe Haven (21:21) The Rise Of Fiscal Dominance: Gradually, Then Suddenly (26:08) The Inflation Spiral (35:39) Permissionless Ad (36:17) A Recession Free Future (42:18) Oil--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Inflation Still Isn't Going Back To 2% | Vincent Deluard

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss the macro forces driving markets, the 2024 Bitcoin halving and the path forward for inflation. To hear all this &amp; more, you'll have to tune in!--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Quinn: https://twitter.com/qthompFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Bitcoin Halving Impact | Weekly Roundup

We apologize for video/audio lag in today's episode!--Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week Chris Kuiper Director of Research at Fidelity Digital Assets joins the show for an overview of the Bitcoin market as the 4 year halving approaches. We discuss the ETF impact, current state of the crypto market, the liquidity cycle &amp; what to expect post halving. Enjoy!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Chris: https://twitter.com/ChrisJKuiperFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--(00:00) Introduction(01:23) The Bitcoin ETF Impact(04:27) The Bitcoin Halving(13:06) Mantra Ad(14:12) Is Retail Back?(19:29) Volatility vs Store of Value(30:24) Permissionless Ad(31:02) Institutional Demand For Ethereum(46:02) The Macro Backdrop For Bitcoin(54:41) Where Are We In The Cycle?--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The 2024 Bitcoin Halving | Chris Kuiper

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss the hot inflation print which rocked markets. As the long end sold off, commodities continue drifting higher &amp; rate cut expectations get pushed out could inflation be about to surprise markets? To hear all this &amp; more, you'll have to tune in!--Join us at Permissionless III Oct 9-11. Use code: MARGIN10 for a 10% discount: https://blockworks.co/event/permissionless-iii--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Felix: https://twitter.com/fejau_incFollow Tyler: https://twitter.com/Tyler_Neville_Follow Quinn: https://twitter.com/qthompFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Surprise Inflationary Wrecking Ball Hits Markets | Weekly Roundup

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This is part 2/2 of our conversation with Lyn Alden &amp; Luke Gromen. In this episode we deep dive into the path forward for inflation, the U.S Dollar, bonds &amp; what is fueling the gold &amp; Bitcoin bull market. Enjoy!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Lyn: https://twitter.com/LynAldenContactFollow Luke: https://twitter.com/LukeGromenFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--(00:00) Inflation(04:42) Oil &amp; It's Impact On Inflation(11:41) The U.S Dollar(13:04) Mantra Ad(14:09) Gold &amp; Bitcoin(24:28) The Bond Market(33:25) Permissionless Ad(34:03) Inflation vs Recession--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Rising Liquidity Is Fueling A Bull Market In Gold & Bitcoin (Part 2/2) | Lyn Alden & Luke Gromen

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week Lyn Alden &amp; Luke Gromen join the show to discuss the rise of fiscal dominance, the path forward for inflation &amp; the end game for U.S debt. Part 2 of this discussion will be released tomorrow, so be sure to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Lyn: https://twitter.com/LynAldenContactFollow Luke: https://twitter.com/LukeGromenFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--This episode is brought to you by Aura, the AI-powered digital security protection app that keeps your personal information, passwords, online activity, and tech safe from digital threats. It’s all-in-one protection from identity theft, financial fraud, malware, scams, and more. For a limited time, Aura is offering our listeners a 14-day FREE trial plus up to 55% off an Aura subscription. Visit https://aura.com/blockworks to sign up for your free trial.--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--(00:00) Introduction(02:10) Gold, Real Rates &amp; Russian FX Reserve Sanctions(06:15) The Rise Of Fiscal Dominance(16:08) Aura Ad(17:25) Kinto Ad(18:37) The Fed &amp; Treasury End Game(22:22) Fiscal Deficits Don't Matter, Until They Do...(38:07) Permissionless III Ad(38:45) Deglobalization--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The U.S Debt End Game (Part 1/2) | Lyn Alden & Luke Gromen

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss the potential headwinds for markets as the long end shows signs of selling off. Despite those headwinds, equities remain elevated with financial conditions loose. Will the Fed still be able to cut rates in 2024? --Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Quinn: https://twitter.com/qthompFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Will The Fed Cut Rates In 2024? | Weekly Roundup

This is a live panel taken from the 2024 Digital Asset Summit. Daniel Masters (CoinShares) &amp; Jonathan Cheesman (Room 40 Capital) discuss the past, present &amp; future of crypto. Enjoy!--Follow Daniel: https://twitter.com/dannylmastersFollow Mike: https://twitter.com/MikeIppolito_Follow On The Margin: https://twitter.com/OnTheMarginPod--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Past, Present and Future of Crypto | DAS London 2024

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week Tyler is back from Vegas! We discuss the path ahead for inflation, political influence in markets &amp; Neil Howe's popularized fourth turning thesis. To hear all this &amp; more, you'll have to tune in! --Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Quinn: https://twitter.com/qthompFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--This episode is brought to you by Aura, the AI-powered digital security protection app that keeps your personal information, passwords, online activity, and tech safe from digital threats. It’s all-in-one protection from identity theft, financial fraud, malware, scams, and more. For a limited time, Aura is offering our listeners a 14-day FREE trial plus up to 55% off an Aura subscription. Visit https://aura.com/blockworks to sign up for your free trial.--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Inflation's Role In The Fourth Turning | Weekly Roundup

We gathered at DAS London to record the first ever live episode of 1000x. Mike, Avi &amp; Jonah discuss where are we in the cycle, the ETF impact, Bitcoin's path to $100,000, is the alt L1 trade dead &amp; of course meme coins.Be sure to go follow the 1000x podcast if you enjoyed this episode!--Follow Mike:<a href="%20https://twitter.com/MikeIppolito_"> https://twitter.com/MikeIppolito_</a>Follow Avi:<a href="%20https://twitter.com/AviFelman"> https://twitter.com/AviFelman</a>Follow Jonah: <a href="https://twitter.com/jvb_xyz">https://twitter.com/jvb_xyz</a>Follow 1000x: <a href="https://twitter.com/1000xPod">https://twitter.com/1000xPod</a>Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter:<a href="%20https://blockworks.co/newsletter/"> https://blockworks.co/newsletter/</a>--Perennial is an on-chain derivatives protocol built from first principles to be a DeFi primitive. The core protocol is minimalist, flexible, and efficient, allowing Perennial to mold to the needs of many different users &amp; use cases.Perennial has a super efficient core protocol that lets LPs use native maker leverage — allowing $1mn in TVL to back to $5-10mn in Open interest. Trade and LP at: <a href="https://perennial.finance/1000x">https://perennial.finance/1000x</a>--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: <a href="https://bit.ly/3SnJI5r">https://bit.ly/3SnJI5r</a>--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience.Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at <a href="https://engen.kinto.xyz">https://engen.kinto.xyz</a>--Disclaimer: Nothing said on 1000x or On The Margin 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. Avi, Jonah and our guests may hold positions in the companies, funds, or projects discussed.

 Trading the Next Crypto Bull Market | Avi Felman & Jonah Van Bourg

This is a live panel taken from the 2024 Digital Asset Summit. Matt Hougan (Bitwise), Leon Marshall (Galaxy), Michael Sonnenshein (Grayscale) &amp; Tony Ashraf (BlackRock) discuss the game changing impact of a spot Bitcoin ETF. Enjoy!--This episode is brought to you by Aura, the AI-powered digital security protection app that keeps your personal information, passwords, online activity, and tech safe from digital threats. It’s all-in-one protection from identity theft, financial fraud, malware, scams, and more. For a limited time, Aura is offering our listeners a 14-day FREE trial plus up to 55% off an Aura subscription. Visit https://aura.com/blockworks to sign up for your free trial.--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Follow Matt: https://twitter.com/Matt_HouganFollow Michael: https://twitter.com/SonnensheinFollow Leon: https://twitter.com/LeonWMarshallFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Game Changing Impact Of A Spot Bitcoin ETF | DAS London 2024

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss Powell's dovish FOMC presser and the path forward for rate cuts in 2024. To hear all this &amp; more, you'll have to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Quinn: https://twitter.com/qthompFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Fed Signals Rate Cuts In 2024 | Weekly Roundup

This is a live panel taken from the 2024 Digital Asset Summit. Anthony Scaramucci &amp; Dan Tapiero discuss the macro case for digital assets hosted by Noelle Acheson. Enjoy! <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a>--Follow Anthony: <a href="https://twitter.com/Scaramucci">https://twitter.com/Scaramucci</a>Follow Dan: <a href="https://twitter.com/DTAPCAP">https://twitter.com/DTAPCAP</a>Follow Noelle: <a href="https://twitter.com/NoelleInMadrid">https://twitter.com/NoelleInMadrid</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a>--Disclaimer: Nothing discussed should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Biggest Macro Trade Of All-Time | Anthony Scaramucci & Dan Tapiero

This week, Andy Constan Founder of Damped Spring joins the show for a discussion on what the Fed needs to do in their fight against inflation. As CPI prints continue to come in hot, financial conditions remain loose &amp; markets melt-up, will the Fed be able to cut rates in 2024? To hear all this &amp; more, you'll have to tune in!--This episode is brought to you by Aura, the AI-powered digital security protection app that keeps your personal information, passwords, online activity, and tech safe from digital threats. It’s all-in-one protection from identity theft, financial fraud, malware, scams, and more. For a limited time, Aura is offering our listeners a 14-day FREE trial plus up to 55% off an Aura subscription. Visit https://aura.com/blockworks to sign up for your free trial.--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Follow Andy: https://twitter.com/dampedspringFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--(00:00) Introduction(01:49) Inflation(06:38) Why Are Financial Conditions Loose?(14:51) Aura Ad(16:09) Mantra Ad(17:15) The Script: The Only Way To Kill Inflation(20:48) Stock Market Melt-Up(30:10) Is The Banking System Healthy, Or Not?(36:32) Looking Ahead To FOMC--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Script: How To Kill Inflation | Andy Constan

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss the hot inflation prints (CPI, PPI) and their impact on markets. Will the Fed be able to cut rates with inflation remaining sticky &amp; the economy still not showing meaningful signs of a slowdown. To hear all this &amp; more, you'll have to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Quinn: https://twitter.com/qthompFollow Tyler: https://twitter.com/Tyler_Neville_Follow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Inflation Remains High, Will The Fed Cut Rates In 2024? | Weekly Roundup

On today's episode Eric Balchunas &amp; Jim Bianco join the show for a debate on the Bitcoin ETF impact. We discuss who is actually buying ETFs, whether Bitcoin ETF investors are passive flows vs hot money &amp; does the ETF represent failure from the original promise of Bitcoin. To hear all this &amp; more, you'll have to tune in!--This episode is brought to you by Aura, the AI-powered digital security protection app that keeps your personal information, passwords, online activity, and tech safe from digital threats. It’s all-in-one protection from identity theft, financial fraud, malware, scams, and more. For a limited time, Aura is offering our listeners a 14-day FREE trial plus up to 55% off an Aura subscription. Visit https://aura.com/blockworks to sign up for your free trial.--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Follow Eric: https://twitter.com/EricBalchunasFollow Jim: https://twitter.com/biancoresearchFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--(00:00) Introduction(01:30) Who Is Buying The Bitcoin ETF?(16:03) Aura ad(17:20) Mantra Ad(18:26) Cash Redemption vs In-Kind Transfer(28:38) The GBTC Outflows(33:05) Passive Flows vs Hot Money(43:01) Vanguard(51:45) Why Do Younger Generations Buy Crypto?(01:00:52) Does The ETF Represent Failure?--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Who Is Buying The Bitcoin ETFs? | Eric Balchunas & Jim Bianco

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week we discuss the recent crypto market action as Bitcoin briefly crosses a new all-time high. To hear all this &amp; more, you'll have to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Quinn: https://twitter.com/qthompFollow Tyler: https://twitter.com/Tyler_Neville_Follow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-a... Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Bitcoin Breaks A New All-Time High | Weekly Roundup

This week, Dan Tapiero Founder of 10T Holdings joins the show for a discussion on the current Bitcoin, macro &amp; crypto landscape as Bitcoin briefly crossed it's prior all-time high. We deep dive into the massive unlock approval of the Bitcoin ETFs create as inflows continue to climb higher. To hear all this &amp; more, you'll have to tune in!--This episode is brought to you by Aura, the AI-powered digital security protection app that keeps your personal information, passwords, online activity, and tech safe from digital threats. It’s all-in-one protection from identity theft, financial fraud, malware, scams, and more. For a limited time, Aura is offering our listeners a 14-day FREE trial plus up to 55% off an Aura subscription. Visit https://aura.com/blockworks to sign up for your free trial.--Kinto is the Safety-first L2 designed to accelerate the transition to an on-chain financial system. It features user-owned KYC and native account abstraction to solve the biggest blockers to mainstream adoption: security and user experience. Kinto's launch program is onboarding institutional players and DeFi users before its public launch. If you believe in bridging the gap between TradFi and DeFi today, join Kinto's launch program at https://engen.kinto.xyz--Follow Dan: https://twitter.com/DTAPCAPFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--(00:00) Introduction(01:21) Why Dan Was Bullish In 2022(12:32) Aura Ad(13:50) Kinto Ad(15:02) The Bitcoin ETF(21:02) Crypto's Path To $10 Trillion(29:38) 2024 Macro Update(48:06) Where Are We In The Cycle?--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Bitcoin ETF Unlock's Huge Inflows | Dan Tapiero

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--Gm bulls! This week we discuss the positive price action within crypto, as markets broadly continue to melt-up. With Bitcoin ETF inflows remaining high, the economy running hot &amp; investors taking on more risk, what happens next? To hear all this &amp; more, you'll have to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Quinn: https://twitter.com/qthompFollow Tyler: https://twitter.com/Tyler_Neville_Follow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-a... Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Bitcoin ETF Impact, Market Melt-Up Continues | Weekly Roundup 

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Alyssa Choo Crypto Equities Specialist at Bitwise joins the show for a deep dive into some of the recent crypto equities earnings results. We discuss Coinbase's blowout earnings beat, the state of Bitcoin miners &amp; the bullish tailwinds as crypto markets continue climbing higher. To hear all this &amp; more, you'll have to tune in!--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Alyssa: https://twitter.com/alyssachoo_Follow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--(00:00) Introduction(00:30) Coinbase(06:27) Coinbase's Global Expansion(09:23) Perpetual Futures(13:04) Mantra Ad(14:24) Coinbase's Revenue Breakdown(22:56) Bitcoin ETFs(24:59) FASB Accounting(27:34) DAS London Plug(28:50) Bitcoin Miners--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

A Deep Dive Into Coinbase's Earnings Beat | Alyssa Choo

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Tyler Neville &amp; Quinn Thompson join the show to discuss the continued rally in markets as Nvidia beat earnings expectations once again. We also discuss the current state of crypto markets, troubles looming in commercial real estate, Reddit's Bitcoin &amp; Ethereum purchases &amp; more!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Quinn: https://twitter.com/qthompFollow Tyler: https://twitter.com/Tyler_Neville_Follow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-a... Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Stock Market Melt-Up Continues, Nvidia Earnings Beat | Weekly Roundup

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Quinn Thompson CIO at Lekker Research joins the show to discuss the bullish catalysts for crypto in 2024 as ETF inflows remain high, Coinbase beats earnings estimates &amp; stock markets continue to reach new all time highs. To hear all this &amp; more, you'll have to tune in!--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Quinn: https://twitter.com/qthompFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Timestamps: (00:00) Introduction(00:29) Coinbase Earnings(17:37) MANTRA Ad(18:58) Bitcoin ETFs Update(22:55) The Bitcoin Halving(30:04) Are "Animal Spirits" Back?(36:34) DAS London Plug(37:50) The Ethereum ETF(45:50) The 2024 Macro Outlook(48:39) The Rise Of Fiscal Dominance--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Bitcoin ETF Inflows Remain High, Coinbase Beat Earnings | Quinn Thompson

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Mike &amp; Mark discuss the continued Bitcoin ETF inflows as they surpass $4 billion and increasing each day. We then deep dive into the huge earnings beat from Coinbase &amp; the path forward for 2024 as the Bitcoin halving approaches. To hear all this &amp; more, you'll have to tune in!--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-a... Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Huge Bitcoin ETF Inflows, Coinbase Earnings Beat | Weekly Roundup

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, David Choi Founder of MetStreet Labs joins the show to discuss a viral thread he wrote on the GBTC "widowmaker" trade that blew up in 2021. We deep dive into the mechanics of the GBTC arbitrage trade, the role of Bitcoin lenders (BlockFi, Genesis) &amp; how the unwind of the GBTC widowmaker trade dragged down the industry in 2021 - 2022. We then compare to todays market conditions and why 2024 &amp; beyond may be a more sustainable market environment for crypto. To hear all this &amp; more, you'll have to tune in!--Read David's thread here: https://twitter.com/0xZergs/status/1746126672451993999?s=20--MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow David: https://twitter.com/0xZergsFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--(00:00) Introduction(02:47) The GBTC Arbitrage Trade(08:44) Structure Of The Trade(15:24) BlockFi, Genesis &amp; GBTC(19:18) MANTRA Ad(20:39) The Bitcoin Lending Market(23:11) When The GBTC Trade Started To Spiral(29:29) DAS London Plug(30:45) Unwinding The Trade(38:53) Current State Of The Market(46:10) Final Thoughts--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Surviving The GBTC "Widowmaker" Trade That Blew Up In 2021 | David Choi

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Mike &amp; Mark give an update on the Bitcoin ETFs as Grayscale outflows continue to slow down, as Bitcoin approaches $50,000 &amp; stock markets continue to reach new record highs. To hear all this &amp; more, you'll have to tune in! --Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Bitcoin ETF Inflows Continue | Weekly Roundup

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Travis Kling CIO of Ikigai Asset Management joins the show for a discussion on his bullish thesis for 2024. With Stock markets at all-time highs, a rate cutting cycle expected in 2024 &amp; the approval of Bitcoin ETFs, Travis makes the case that he expects potential tailwinds into the coming year for both crypto &amp; markets broadly. To hear all this &amp; more, you'll have to tune in! --Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Travis: https://twitter.com/Travis_KlingFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Timestamps:(00:00) Introduction(00:37) Travis' 2024 Thesis(03:10) DAS London Plug(04:27) Stock Markets Break ATHs, What About Crypto?(14:05) The Bitcoin ETFs(20:54) Trading Crypto Cycles(26:07) Blockworks Research Ad(26:55) Financial Nihilism(39:26) Valuation &amp; Reflexivity In Crypto(45:02) Infrastructure vs Applications(52:51) Can Crypto Disrupt Walled Gardens?(56:36) Travis' Macro Outlook In 2024--﻿Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Bullish 2024 Thesis With Travis Kling 

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Mike &amp; Mark give an update on the Bitcoin ETFs as Grayscale outflows begin to slow down. We then discuss this weeks FOMC, the QRA &amp; Meta's blowout earnings. To hear all this &amp; more, you'll have to tune in!--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Grayscale's Bitcoin ETF Outflows Begin To Slow, What Happens Next?

Forward Guidance is sponsored by VanEck. Learn more about VanEck Bitcoin Trust (HODL) http://vaneck.com/HODLFG.VanEck Bitcoin Trust (HODL) Prospectus: https://vaneck.com/hodlprospectus/--Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Joseph Wang CIO at Monetary Macro joins the show to discuss the latest in markets after Jerome Powell's FOMC conference.--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Joseph: https://twitter.com/FedGuy12Follow Jack: https://twitter.com/JackFarley96Follow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Timestamps: (00:00) Introduction(00:41) Joseph's View on Jan FOMC: "This Was A Hawkish Fed Conference"(07:51) Joseph's View On Asset Prices(10:04) Joseph's View on Rates(20:52) Vaneck Ad(21:37) The Plumbing Of How The Government &amp; Fed Prints Money(32:41) Treasury Issuance (QRA, Quarterly Refunding Announcement)(39:01) Joseph's View on Fed's Quantitative Tightening (QT): Taper Could Likely Begin In Q4 2024(44:57) Fed's Plan For Discount Window &amp; End Of Bank Term Funding Program (BTFP)(49:31) Joseph Wang: Fiscal Deficits Will Likely Continue To Fuel Bull Market In Risk Assets(52:19) Concentration of Stock Market Rally(01:00:12) Jack Puts On Tin Foil Hat Re: Fed Language &amp; New York Community Bank (NYCB)(01:02:44) Closing Thoughts: Plumbing People Are Not Always Bearish!!--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Joseph Wang & Jack Farley on “Hawkish” January Fed Meeting, Tapering Quantitative Tightening (QT), and “Boring” Treasury Quarterly Refunding Announcement (QRA)

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Mike &amp; Mark discuss Tesla's disappointing earnings, the stock market rally as liquidity has resurged &amp; the current state of the Bitcoin &amp; crypto markets. To hear all this &amp; more, you'll have to tune in!--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Financial Conditions Remain Loose, Liquidity Has Surged | Mark Yusko

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Darius Dale Founder of 42 Macro joins the show for a discussion on the current state of asset markets. With the recession that never came to be, stock markets hovering around all time highs &amp; Fed rate cuts in 2024, Darius makes the case that markets are pricing in goldilocks &amp; a 2024 soft landing. To hear all this &amp; more, you'll have to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Darius: https://twitter.com/DariusDale42Follow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Timestamps: (00:00) Introduction(00:39) Markets Are Pricing Goldilocks(06:29) The Recession That Never Came To Be(10:55) DAS London Plug(12:11) 2024 Elections &amp; Janet Yellen's Liquidity Supportive Impulse(15:25) The Highest Probability Is A Soft Landing In 2024(21:10) Inflation(27:06) Rate Cuts In 2024(30:10) Blockworks Research Ad(30:58) Oil(33:21) What Is Happening In China?(39:56) Bitcoin--﻿Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Stock Market Is Pricing In A Soft Landing | Darius Dale

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Mike &amp; Mark discuss whether the Bitcoin ETFs were successful or not? Despite large flows into the Bitcoin ETF products, outflows from Grayscale's ETF have contributed to price declines post ETF launch. To hear all this &amp; more, you'll have to tune in!--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Bitcoin ETFs Attract Billions, Grayscale Outflows Continue

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Jonah Van Bourg Director at Onyx &amp; Former Global Head of Trading at DRW joins the show for a discussion on his 2024 outlook for both commodity and crypto markets. We deep dive into Jonah's Bitcoin thesis, the U.S debt end game &amp; the outlook for an Ethereum ETF in 2024 &amp; beyond. To hear all this &amp; more, you'll have to tune in!--Access liquidity on centralised exchanges through Copper’s off-exchange collateral management and settlement solution. To find out more about ClearLoop visit: https://bit.ly/3SnJI5r--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Jonah: https://twitter.com/jvb_xyzFollow Mike: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. https://blockworks.co/event/digital-a... Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Timestamps:(00:00) Introduction (05:05) Trading Crypto &amp; Commodities(14:03) Copper Ad(18:04) Macro Outlook In 2024(28:22) The Debt End Game(31:05) The Bitcoin ETFs(35:55) Das London Plug(37:12) The Bitcoin Thesis (44:53) The Crypto Thesis (48:54) Ethereum ETF(55:18) Final Thoughts --﻿Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Bitcoin's Role In The Debt End Game | Jonah Van Bourg

Follow On The Margin On Spotify: <a href="https://spoti.fi/46WWQ6T">https://spoti.fi/46WWQ6T</a>Follow On The Margin On Apple Podcasts: <a href="https://apple.co/3UsnTiM">https://apple.co/3UsnTiM</a>Follow Blockworks Macro On YouTube: <a href="https://bit.ly/3NKpujX">https://bit.ly/3NKpujX</a>--This week, Mike &amp; Mark discuss the first day of trading since the Bitcoin ETFs launched. We dive into the flows, volume traded &amp; Vanguards decision to not allow trading of the ETFs on their platform. We then break down this weeks inflation data &amp; what it could mean for the Fed in 2024. To hear all this &amp; more, you'll have to tune in!--Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Mark: <a href="https://twitter.com/MarkYusko">https://twitter.com/MarkYusko</a>Follow Mike: <a href="https://twitter.com/MikeIppolito_">https://twitter.com/MikeIppolito_</a>Follow Blockworks:<a href="https://cms.megaphone.fm/organizations/0c5c735a-0570-11e9-b0b2-c756a46f8cae/podcasts/701a8bb0-75e0-11eb-b1ed-cb043298ccf9/episodes/00346ff8-b027-11ee-8b37-47b7f0f96558/%20https://twitter.com/blockworks_"> https://twitter.com/blockworks_</a>--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a> Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research <a href="https://www.blockworksresearch.com/">https://www.blockworksresearch.com/</a>--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Bitcoin ETFs Launch | Weekly Roundup 

Follow On The Margin On Spotify: <a href="https://spoti.fi/46WWQ6T">https://spoti.fi/46WWQ6T</a>Follow On The Margin On Apple Podcasts: <a href="https://apple.co/3UsnTiM">https://apple.co/3UsnTiM</a>Follow Blockworks Macro On YouTube: <a href="https://bit.ly/3NKpujX">https://bit.ly/3NKpujX</a>--Mark Yusko &amp; Michael Anderson join the show for a livestream after the SEC’s approval of the Bitcoin ETF.--Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Mark: <a href="https://twitter.com/MarkYusko">https://twitter.com/MarkYusko</a>Follow: Michael:<a href="%20https://twitter.com/im_manderson"> https://twitter.com/im_manderson</a>Follow Michael: <a href="https://twitter.com/MikeIppolito_">https://twitter.com/MikeIppolito_</a>Follow Blockworks:<a href="%20https://twitter.com/blockworks_"> https://twitter.com/blockworks_</a>--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a> Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research <a href="https://www.blockworksresearch.com/">https://www.blockworksresearch.com/</a>--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Bitcoin ETF Is Approved.. For Real This Time 

Follow On The Margin On Spotify: <a href="https://spoti.fi/46WWQ6T">https://spoti.fi/46WWQ6T</a>Follow On The Margin On Apple Podcasts: <a href="https://apple.co/3UsnTiM">https://apple.co/3UsnTiM</a>Follow Blockworks Macro On YouTube: <a href="https://bit.ly/3NKpujX">https://bit.ly/3NKpujX</a>--This week, James Seyffart ETF Research Analyst at Bloomberg &amp; Matt Hougan CIO at Bitwise join the show to discuss the 2024 Bitcoin approval, the SEC hack &amp; what to expect now Bitcoin ETFs are scheduled to begin trading.--Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow James: <a href="https://twitter.com/JSeyff">https://twitter.com/JSeyff</a>Follow Matt: <a href="https://twitter.com/Matt_Hougan">https://twitter.com/Matt_Hougan</a>Follow Ben: <a href="https://twitter.com/strack_ben">https://twitter.com/strack_ben</a>Follow Michael: <a href="https://twitter.com/MikeIppolito_">https://twitter.com/MikeIppolito_</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a>--Digital Asset Summit 2024. Use Code: MARGIN10 for a 10% discount. <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a> Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research <a href="https://www.blockworksresearch.com/">https://www.blockworksresearch.com/</a>--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Bitcoin ETF Is Approved | James Seyffart & Matt Hougan

Follow On The Margin On Spotify: <a href="https://spoti.fi/46WWQ6T">https://spoti.fi/46WWQ6T</a>Follow On The Margin On Apple Podcasts: <a href="https://apple.co/3UsnTiM">https://apple.co/3UsnTiM</a>Follow Blockworks Macro On YouTube: <a href="https://bit.ly/3NKpujX">https://bit.ly/3NKpujX</a>--This week, Mike &amp; Mark discuss the Bitcoin ETF ahead of an expected SEC decision next week. Mark makes the case that the Bitcoin ETF will unlock billions of dollars of capital from institutional investors who otherwise wouldn't have access to the asset. To hear all this &amp; more, you'll have. to tune in!--Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Mark:<a href="https://cms.megaphone.fm/organizations/0c5c735a-0570-11e9-b0b2-c756a46f8cae/podcasts/701a8bb0-75e0-11eb-b1ed-cb043298ccf9/episodes/babd93ac-a124-11ee-bbf0-c318c5f81577/%20https://twitter.com/MarkYusko"> https://twitter.com/MarkYusko</a>Follow Michael: <a href="https://twitter.com/MikeIppolito_">https://twitter.com/MikeIppolito_</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a>--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount. Prices go up in January! <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a> Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research <a href="https://www.blockworksresearch.com/">https://www.blockworksresearch.com/</a>--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Bitcoin ETF: Bitcoin's Bullish Catalyst

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Jim Bianco Founder of Bianco Research joins the show for a wide ranging discussion into macro, crypto &amp; what investors should expect in 2024. We discuss how to adjust to the end of the 40 year bond bull market, whether the Bitcoin ETF is a positive or negative for the permissionless ethos of crypto &amp; Jim's outlook for the year ahead. To hear all this &amp; more, you'll have to tune in!--Follow Jim: https://twitter.com/biancoresearchFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Referenced In The Show: <a href="https://twitter.com/shekfu/status/1740523952362135662/photo/1">https://twitter.com/shekfu/status/1740523952362135662/photo/1</a> Joseph Wang's Markets Outlook 2024: https://www.youtube.com/watch?v=qcU93QeV8X8--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount. Prices go up in January! https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Timestamps: (00:00) Introduction(01:08) Reflecting On 2023(03:04) DAS London Plug(04:22) The End Of The 40 Year Bond Bull Market(11:44) Inflation &amp; Real Rates In 2023(15:32) Jim's Outlook For 2024(27:28) Blockworks Research Ad(28:15) The Bitcoin ETF(52:19) Final Thoughts--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Jim Bianco's Big Predictions For 2024

Follow On The Margin On Spotify: <a href="https://spoti.fi/46WWQ6T">https://spoti.fi/46WWQ6T</a>Follow On The Margin On Apple Podcasts: <a href="https://apple.co/3UsnTiM">https://apple.co/3UsnTiM</a>Follow Blockworks Macro On YouTube: <a href="https://bit.ly/3NKpujX">https://bit.ly/3NKpujX</a>--This week, Mike &amp; Mark discuss the biggest events of 2023 &amp; what to expect in 2024 for stocks, crypto &amp; markets broadly. Thanks for tuning in throughout 2023, &amp; we'll se you in the new year! --Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Mark:<a href="https://cms.megaphone.fm/organizations/0c5c735a-0570-11e9-b0b2-c756a46f8cae/podcasts/701a8bb0-75e0-11eb-b1ed-cb043298ccf9/episodes/babd93ac-a124-11ee-bbf0-c318c5f81577/%20https://twitter.com/MarkYusko"> https://twitter.com/MarkYusko</a>Follow Michael: <a href="https://twitter.com/MikeIppolito_">https://twitter.com/MikeIppolito_</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a>--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount. Prices go up in January! <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a> Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research <a href="https://www.blockworksresearch.com/">https://www.blockworksresearch.com/</a>--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Mark Yusko's Big Calls For 2024

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Will Clemente &amp; Felix Jauvin of Reflexivity Research join the show for a discussion on the setup for both macro &amp; crypto heading into 2024. To hear all this &amp; more, you'll have to tune in! --Follow Will: https://twitter.com/WClementeIIIFollow Felix: https://twitter.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_ Follow Felix's Substack: https://degenmacro.substack.com/Follow Reflexivity Research: reflexivityresearch.com--Referenced In The Show: The Damped Spring Report: https://dampedspring.com/wp-content/uploads/2023/07/The-Script.pdf--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount. Prices go up in January! https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Timestamps: (00:00) Introduction(00:35) Inflation &amp; Rate Cuts In 2024(05:04) DAS London Plug(06:21) The Rise Of Fiscal Dominance(09:38) Do Deficits Matter?(19:04) Bitcoin(24:17) Blockworks Research(25:05) Will We Ever See Another Bull Market Like 2020/21 Again?(30:24) Ethereum(34:13) Solana(39:05) Coinbase--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Big Calls For 2024 & Beyond | Will Clemente & Felix Jauvin

Follow On The Margin On Spotify: <a href="https://spoti.fi/46WWQ6T">https://spoti.fi/46WWQ6T</a>Follow On The Margin On Apple Podcasts: <a href="https://apple.co/3UsnTiM">https://apple.co/3UsnTiM</a>Follow Blockworks Macro On YouTube: <a href="https://bit.ly/3NKpujX">https://bit.ly/3NKpujX</a>--Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Mark:<a href="%20https://twitter.com/MarkYusko"> https://twitter.com/MarkYusko</a>Follow Michael: <a href="https://twitter.com/MikeIppolito_">https://twitter.com/MikeIppolito_</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a>--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount. Prices go up in January! <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a> Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research <a href="https://www.blockworksresearch.com/">https://www.blockworksresearch.com/</a>--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

How Will Stocks & Crypto Fare In 2024

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week Eric Balchunas Senior ETF Analyst at Bloomberg joins the show for a discussion on the Bitcoin ETF. Forecasting a 90% chance of approval in January, Eric walks through what gave him conviction in this prediction &amp; the current things to look out for ahead of the SEC's decision. To hear all this &amp; more, you'll have to tune in!--Follow Eric: https://twitter.com/EricBalchunasFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Referenced In The Show: Eric Balchunas – The Past, Present &amp; Future of ETFs: https://open.spotify.com/episode/5vCLwJoKJ13PtCAFAadpFF?si=fb1b2ab9ba2b4ec3&amp;nd=1&amp;dlsi=1f29936becc3469d--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount. Prices go up in January! https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--(00:00) Introduction(01:49) What Is An ETF?(06:22) DAS London Plug(11:50) ETF Distribution(19:12) The Bitcoin ETF(26:00) Who Will Win The Bitcoin ETF Race?(29:53) Grayscale, GBTC &amp; The ETF(35:16) Blockworks Research Ad(36:03) Bitcoin ETF vs The Gold ETF Launch(40:20) Crypto Sentiment(46:57) Will We See Other Crypto ETFs?--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Everything You Need To Know About The Bitcoin ETF | Eric Balchunas

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount. Prices go up in January! https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

2024 Fed Pivot Fueling The Everything Rally | Weekly Roundup

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week, Tim Grant CEO of Deus X Capital joins the show for a discussion on where to find the best opportunities in crypto. We discuss Blackrock's ETF, the differences between web2 vs web3 business models &amp; crypto's reflexivity as an asset class. To hear all this &amp; more, you'll have to tune in!--Follow Tim: https://www.linkedin.com/in/tim-j-grant/Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--(00:00) Introduction(06:00) Investing In Crypto(13:23) Web2 vs Web3(20:41) DAS London Plug(21:42) Reflexivity In Crypto(29:23) The Bitcoin ETF(39:52) Blockworks Research ad(40:40) The Best Opportunities In Crypto--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Bitcoin ETF: A Positive Catalyst For Crypto's Reflexivity | Tim Grant

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Bitcoin, Stocks & Bonds Rally - Is It Sustainable? | Weekly Roundup

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--On today’s episode, Quinn Thompson Head of Capital Markets &amp; Growth at Maple Finance joins the show to discuss his Bitcoin outlook into 2024. We deep dive into the macro outlook for 2024, Bitcoins huge 2023 rally to $44,000 &amp; the next crypto bull market. To hear all this &amp; more, you'll have to tune in!--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-a... Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Bitcoin Breaks $40,000, What Next? | Quinn Thompson

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week Mike &amp; Mark discuss the continued bull market as November saw a massive rally in stocks, bonds &amp; crypto. To hear all this &amp; more, you'll have to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Bitcoin Approaches $40,000 | Weekly Roundup

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--On today’s episode, James Lavish Managing Partner at The Bitcoin Opportunity Fund joins the show to discuss his debt spiral thesis. With a "tsunami of debt" on the horizon, James walks through the end game for the unsustainable U.S fiscal path. We discuss the odds of recession in 2024, how to repair the debt problem &amp; which assets will thrive in this environment. To hear all this &amp; more, you'll have to tune in!--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-a... Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Referenced In The Show: Bitcoin Opportunity Fund: https://www.bitcoinopportunity.fund/ The Informationist: https://www.jameslavish.com/--(00:00) Introduction(00:46) A Recession Is Coming(06:07) DAS London Plug(07:25) There's A "Tsunami Of Debt" On The Horizon(12:17) The Debt Problem(26:03) Blockworks Research Ad(26:50) The Debt Spiral(33:36) The Debt Spiral End Game(39:06) Bitcoin(49:16) The Bitcoin Opportunity Fund--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The "Debt Spiral" End Game | James Lavish

Jens Nordvig, founder of Exante Data and Marketreader Inc., returns to Forward Guidance to provide a quantitative update on currency and bond markets. Jens makes the case that interest rates all across the yield curve are likely headed lower as the Federal Reserve’s last hike is in the rearview mirror, and he argues that the U.S. dollar could depreciate against “risk-off” currencies such as the Swiss Franc, Japanese Yen, and even gold. Filmed on November 22, 2023.--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a> Digital Asset Summit 2024 Black (Rock) Friday Sale. Use Code: BLACKROCKMARGIN for a 20% discount on a 4-pack of DAS tickets: <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a>--Follow Jens Nordvig on Twitter <a href="https://twitter.com/jnordvig">https://twitter.com/jnordvig</a>Follow Exante Data on Twitter <a href="https://twitter.com/ExanteData">https://twitter.com/ExanteData</a>Follow Marketreader on Twitter <a href="https://twitter.com/MarketReaderInc">https://twitter.com/MarketReaderInc</a>Follow Jack Farley on Twitter <a href="https://twitter.com/JackFarley96">https://twitter.com/JackFarley96</a>Follow Forward Guidance on Twitter <a href="https://twitter.com/ForwardGuidance">https://twitter.com/ForwardGuidance</a>--Timestamps:(00:00) Introduction(00:16) It's Been A Busy Year(02:36) Interest Rate Sensitivity Of U.S. Economy(13:13) Will There Be A Recession In 2024?(15:51) Jens' Bull Case For Rates(22:34) Fed Will Be "Much More Relaxed" If Services Inflation Continues To Moderate(27:56) Potential For "Big Cuts"(30:22) An Extraordinary Summer In FX(33:48) Jens' Bear Case For Dollar Against Gold and Risk-Off Currencies Such As Swiss Franc--Disclaimer: Nothing discussed on On The Margin or Forward Guidance should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The U.S. Dollar Is Overvalued 

Follow On The Margin On Spotify: <a href="https://spoti.fi/46WWQ6T">https://spoti.fi/46WWQ6T</a>Follow On The Margin On Apple Podcasts: <a href="https://apple.co/3UsnTiM">https://apple.co/3UsnTiM</a>Follow Blockworks Macro On YouTube: <a href="https://bit.ly/3NKpujX">https://bit.ly/3NKpujX</a>--On today’s episode, Julian Brigden Co-Founder of MI2 Partners joins the show to reflect on the current state of markets as financial conditions loosen &amp; markets price in a goldilocks environment, as they deem the Fed's inflation fight over. We discuss the path ahead for the Fed, the ongoing tug of war between stocks &amp; bonds, the ripple effect of inflation &amp; the structural bear market in the bond market. To hear all this &amp; more, you'll have to tune in!--Follow Julian: <a href="https://twitter.com/JulianMI2">https://twitter.com/JulianMI2</a>Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Michael: <a href="https://twitter.com/MikeIppolito_">https://twitter.com/MikeIppolito_</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a>--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a> Digital Asset Summit 2024 Black (Rock) Friday Sale. Use Code: BLACKROCKMARGIN for a 20% discount on a 4-pack of DAS tickets: <a href="https://blockworks.co/event/digital-asset-summit-2024-london">https://blockworks.co/event/digital-asset-summit-2024-london</a> Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research <a href="https://www.blockworksresearch.com/">https://www.blockworksresearch.com/</a>--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Liquidity Is Rising, "Tug Of War" Between Stocks & Bonds | Julian Brigden

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week Mike &amp; Mark discuss the inflation print which gave a further lift to equities over the week. Mark dives into the liquidity backdrop that is "driving markets" &amp; what it means for the rest of 2023. To hear all this &amp; more, you'll have to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--(00:00) Introduction(01:52) DAS London(07:58) Inflation(18:56) The Debt Problem(25:47) Blockworks Research(26:34) Bitcoin(48:12) When Will The Fed Cut Rates?(54:05) Artificial Intelligence--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Rising Liquidity Is Supporting A Bull Market | Weekly Roundup

Follow On The Margin On Spotify:<a href="https://cms.megaphone.fm/organizations/0c5c735a-0570-11e9-b0b2-c756a46f8cae/podcasts/701a8bb0-75e0-11eb-b1ed-cb043298ccf9/episodes/28cc3f96-7a6b-11ee-a6ab-0fde05c0fd52/%C2%A0https://spoti.fi/46WWQ6T"> https://spoti.fi/46WWQ6T</a>Follow On The Margin On Apple Podcasts:<a href="https://cms.megaphone.fm/organizations/0c5c735a-0570-11e9-b0b2-c756a46f8cae/podcasts/701a8bb0-75e0-11eb-b1ed-cb043298ccf9/episodes/28cc3f96-7a6b-11ee-a6ab-0fde05c0fd52/%C2%A0https://apple.co/3UsnTiM"> https://apple.co/3UsnTiM</a>Follow Blockworks Macro On YouTube: <a href="https://bit.ly/3NKpujX">https://bit.ly/3NKpujX</a>--On today’s episode, Michael Howell CEO of CrossBorder Capital joins the show to share his outlook for the global liquidity cycle and what it means for markets throughout 2023 &amp; into 2024. We deep dive into the mechanics of inflation, the impact of rising interest rate's on global refinancing, the reduced impact of QE from the Fed's shadow QE &amp; the role of crypto &amp; Gold in portfolios. To hear all this &amp; more, you'll have to tune in!--Follow Michael: https://twitter.com/crossbordercapFollow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Michael:<a href="https://cms.megaphone.fm/organizations/0c5c735a-0570-11e9-b0b2-c756a46f8cae/podcasts/701a8bb0-75e0-11eb-b1ed-cb043298ccf9/episodes/28cc3f96-7a6b-11ee-a6ab-0fde05c0fd52/%C2%A0https://twitter.com/MikeIppolito_"> https://twitter.com/MikeIppolito_</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a>--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research <a href="https://www.blockworksresearch.com/">https://www.blockworksresearch.com/</a>--Referenced In The Show: Stanley Druckenmiller &amp; Paul Tudor Jones: <a href="https://www.youtube.com/watch?v=QWccFlgaBxA">https://www.youtube.com/watch?v=QWccFlgaBxA</a>--(00:00) Introduction(01:53) Liquidity Is Rising(05:01) The Path Ahead For Inflation In 2024(09:34) DAS London Plug(10:52) The Liquidity Spiral(14:48) The Impact Of Rising Interest Rate's(17:44) The Liquidity Cycle(21:38) The Fed's Shadow QE(25:13) The QRA Fueled A Huge Stock Market Rally(30:40) Blockworks Research Ad(31:28) The U.S Fiscal Outlook Will Cause The Fed's Balance Sheet To Rise(40:29) Gold &amp; Crypto(42:40) Who Is The New Marginal Buyer Of U.S Debt?(48:49) Crypto As An Inflation Hedge--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Fed's Stealth Liquidity Is Fueling A Stock Market Rally | Michael Howell

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week Mark &amp; Mike discuss the continued positive price action in crypto as Bitcoin breaks $37,000. To hear all this &amp; more, you'll have to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Timestamps: (00:00) Introduction(06:16) Bitcoin Breaks $37,000(17:19) FTX(27:07) DAS London Plug(28:25) All Eye's Are Still On The Bond Market(48:07) Blockworks Research Ad(48:55) Circle Plans A 2024 IPO--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Bitcoin Bulls Are Back | Weekly Roundup

Follow On The Margin On Spotify:<a href="https://cms.megaphone.fm/organizations/0c5c735a-0570-11e9-b0b2-c756a46f8cae/podcasts/701a8bb0-75e0-11eb-b1ed-cb043298ccf9/episodes/28cc3f96-7a6b-11ee-a6ab-0fde05c0fd52/%C2%A0https://spoti.fi/46WWQ6T"> https://spoti.fi/46WWQ6T</a>Follow On The Margin On Apple Podcasts:<a href="https://cms.megaphone.fm/organizations/0c5c735a-0570-11e9-b0b2-c756a46f8cae/podcasts/701a8bb0-75e0-11eb-b1ed-cb043298ccf9/episodes/28cc3f96-7a6b-11ee-a6ab-0fde05c0fd52/%C2%A0https://apple.co/3UsnTiM"> https://apple.co/3UsnTiM</a>Follow Blockworks Macro On YouTube: <a href="https://bit.ly/3NKpujX">https://bit.ly/3NKpujX</a>--On today’s episode, Adam Back Co-Founder &amp; CEO of Blockstream joins the show for a discussion on where we are in the Bitcoin cycle. We deep dive into the mechanics of the mining sector, developments in the lightning network, whether or not a Bitcoin ETF is good for the ethos of Bitcoin &amp; finally why Adam believes Bitcoin under $100,000 is undervalued. To hear all this &amp; more, you'll have. to tune in!--Follow Adam: https://twitter.com/adam3usFollow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Michael:<a href="https://cms.megaphone.fm/organizations/0c5c735a-0570-11e9-b0b2-c756a46f8cae/podcasts/701a8bb0-75e0-11eb-b1ed-cb043298ccf9/episodes/28cc3f96-7a6b-11ee-a6ab-0fde05c0fd52/%C2%A0https://twitter.com/MikeIppolito_"> https://twitter.com/MikeIppolito_</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a>--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research <a href="https://www.blockworksresearch.com/">https://www.blockworksresearch.com/</a>--(00:00) Introduction(00:36) Chancellor on Brink of Second Bailout for Banks(05:42) Bitcoin &amp; Bonds(07:49) Bitcoin ETF(11:54) DAS London Plug(13:12) Where Are We In The Bitcoin Cycle?(17:44) Bitcoin's Path To $100,000(20:17) Bitcoin Mining(37:02) Blockworks Research Ad(37:50) Does More Bitcoin Hashrate Equal More Security?(46:23) The Bitcoin Security Model(50:57) Bitcoin Ordinals(57:05) The Lightning Network--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

The Path To $100,000 Bitcoin | Adam Back

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--This week Mark &amp; Mike discuss the market rally in stocks &amp; bonds after the U.S Treasury's quarterly refunding announcement (QRA). We also deep dive into Powell's FOMC meeting, the Nonfarm Payroll's data release &amp; this weeks Coinbase earnings. To hear all this &amp; more, you'll have to tune in!--Follow On The Margin: https://twitter.com/OnTheMarginPodFollow Mark: https://twitter.com/MarkYuskoFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Huge Rally In Stocks & Bonds, What Comes Next? | Weekly Roundup

Follow On The Margin On Spotify:<a href="%C2%A0https://spoti.fi/46WWQ6T"> https://spoti.fi/46WWQ6T</a>Follow On The Margin On Apple Podcasts:<a href="%C2%A0https://apple.co/3UsnTiM"> https://apple.co/3UsnTiM</a>Follow Blockworks Macro On YouTube: <a href="https://bit.ly/3NKpujX">https://bit.ly/3NKpujX</a>--On today’s episode, Andy Constan Founder of Damped Spring &amp; Co-Founder of 2 Gray Beards joins the show to disucss the recent QRA release from the U.S Treasury. As markets anticipated a higher amount of long end issuance, Andy turned bullish a few days ago when the numbers surprised to the downside &amp; joins the show to explain exactly how he was able to catch this weeks risk on rally. To hear all this &amp; more, you'll have to tune in!--Follow Andy: <a href="https://twitter.com/dampedspring">https://twitter.com/dampedspring</a>Follow On The Margin: <a href="https://twitter.com/OnTheMarginPod">https://twitter.com/OnTheMarginPod</a>Follow Michael:<a href="%C2%A0https://twitter.com/MikeIppolito_"> https://twitter.com/MikeIppolito_</a>Follow Blockworks: <a href="https://twitter.com/blockworks_">https://twitter.com/blockworks_</a>--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research <a href="https://www.blockworksresearch.com/">https://www.blockworksresearch.com/</a>--Timestamps:(00:00) Introduction(00:44) Why Andy Wen't Long Risk Asset's Post QRA Announcement(06:40) Bills vs Bonds Issuance(11:41) Should The U.S Have Termed Out Their Debt?(15:46) DAS London Promo(17:04) Financial Conditions Have Massively Eased(21:44) We're Back To Act I In The Inflation Cycle(24:25) Blockworks Research Ad(25:13) The Consequences Of This QRA Are Being Felt(32:50) The Path Towards Recession--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Andy Constan: Janet Yellen's Fueling A Massive Stock Market Rally

Michael Kao, former hedge fund manager and private investor, returns to On The Margin alongside Forward Guidance host Jack Farley to break down the U.S. Treasury’s quarterly refunding announcement (QRA) and Fed’s FOMC meeting that marked the first day of November.__Michael Kao’s article discussed in the show: https://www.urbankaoboy.com/p/re-inflationoilgoldyield-curves-revisiting__Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-a... Research, news, data, governance and models – now, all in one place.As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ –__Follow Michael Kao on Twitter https://twitter.com/UrbanKaoboyFollow Michael Ippolito on Twitter https://twitter.com/MikeIppolito_Follow On The Margin on Twitter https://twitter.com/OnTheMarginPodFollow Jack Farley on Twitter https://twitter.com/JackFarley96Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidanceFollow Blockworks on Twitter https://twitter.com/Blockworks___Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Michael Kao on November Fed Meeting, Treasury Refunding, & Bond Market Bear Steepening

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6TFollow On The Margin On Apple Podcasts: https://apple.co/3UsnTiMFollow Blockworks Macro On YouTube: https://bit.ly/3NKpujX--On today’s episode, Arthur Hayes CIO at Maelstrom Fund joins the show to explore his current macro framework and how that will impact crypto for the rest of the year &amp; into 2024. We discuss the bursting of the sovereign debt bubble as bonds continue one of their largest sell-off's in U.S history, the dreaded bear steepener and it's impact on bank balance sheets, market liquidity &amp; how crypto can act as a safe haven during periods of financial repression, deleveraging &amp; inflation. To hear all this &amp; more, you'll have to tune in!--Follow Arthur: https://twitter.com/CryptoHayesFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Michael: https://twitter.com/MikeIppolito_Follow Blockworks: https://twitter.com/blockworks_--Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/--Referenced In The Show: Oil: The Making of the Modern World: https://podcasts.apple.com/gb/podcast/167-oil-the-making-of-the-modern-world/id1537788786?i=1000555057140 --Timestamps: (00:00) Introduction(00:38) The Debt Problem(05:43) The Dreaded Bear Steepener(10:56) Are U.S Banks In Trouble Again?(15:30) The Social Consequences Of Too Much Debt(20:19) DAS London Plug(21:36) Financial Repression(28:18) Trade Wars Are The Mirror Image Of Currency Wars(33:11) Blockworks Research(42:27) Bitcoin(43:15) The Crypto Bull Market(54:42) The Bitcoin Halving(56:05) Liquidity--Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research &amp; speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

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