The Daily Wolf | Bitcoin's weekend leverage gets liquidated, Strive stacks bitcoin, and the Trump-Stablecoin lawsuit

Peter Tchir, Head of Macro Strategy at Academy Securities, joins Mike McGlone of Bloomberg Intelligence and CoinRoutes co-founder Dave Weisberger to break down why Bitcoin and gold are the two worst-performing major assets of 2026, and what credit markets, the Fed and the AI spending boom mean for crypto. The panel starts with Fed week, the AI trade unwinding and midterm odds, then digs into widening credit spreads, debt-funded AI data centers and Fed liquidity. Mike makes his case that gold and Bitcoin have peaked and Treasuries are the place to hide, Dave and Peter push back on Bitcoin, gold, a Democratic sweep and deficit spending, and Peter closes on the risk from volatility-selling strategies. In this episode:00:00:00 Why Bitcoin and gold are 2026's worst performers00:00:35 Fed week, the AI unwind and midterm odds00:04:41 Peter Tchir on credit spreads and AI spending00:09:48 Dave Weisberger on AI data center debt and liquidity00:16:29 Mike McGlone on gold versus Treasuries00:20:02 Judy Shelton and the risk of monetizing gold00:23:08 Midterms, gridlock and the deficit debate00:39:23 Blackstone's BXDC and the Grayscale discount lesson00:46:28 Is the Bitcoin trade over? McGlone vs. Weisberger01:00:44 Peter Tchir on volatility-suppression strategies Peter Tchir on X: https://x.com/TFMktsAcademy Securities: https://www.academysecurities.comMike McGlone on X: https://x.com/mikemcglone11Dave Weisberger on X: https://x.com/dmweisbergerCoinRoutes: https://www.coinroutes.com Watch this episode on YouTube: https://www.youtube.com/watch?v=MSevP1qZ6OU If you enjoyed this episode, follow the show and leave a rating. It helps more than you know. Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.comThe Daily Wolf on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/ Learn more about your ad choices. Visit megaphone.fm/adchoices

ARK Invest Chief Futurist Brett Winton explains why he sees Bitcoin as financial insurance in an increasingly unpredictable world, and how AI is reshaping crypto, markets and the global economy.

Bitget CEO Gracy Chen walks through the first hours of the $388 million Bitget hack, how attackers got in through a third-party security product, and how the exchange covered user losses.

Saeed Badreg, CEO of Sunrise, the Solana asset gateway from Wormhole Labs, joins Scott Melker to talk tokenization, real-world assets, stablecoins and where Bitcoin and crypto markets are headed as Wall Street moves on-chain.

Securitize CEO Carlos Domingo explains how tokenized stocks actually work, what the SEC's innovation exemption changes, and why he thinks holding gold instead of Bitcoin makes no sense, as Bitcoin slips back into the low $80Ks on AI fears.