Show Notes
DoubleZero co-founder Austin Federa joins Andrew Parish and Tillman Holloway of Arch Public to debate whether the Bitcoin bear market is over, after Galaxy said the bottom was in back in June while Bernstein cut its targets for crypto stocks and stopped assuming any bullish price action. The panel starts with Wall Street's split on Bitcoin, volatility, IBIT options and ETF flows, then Austin explains DoubleZero's low-latency network, its new Edge for Builders data feeds and how AI agents are opening up fast trading. From there it's the K-shaped economy and Bitcoin ETF demand, Kraken's plan for regulated US perpetual futures on Hyperliquid, crypto and the dollar, on-chain IPOs, Ripple's national trust bank, crypto's market structure and self-custody problems, and why meme coins are entertainment, not investments. In this episode:00:00 Galaxy and Bernstein split on the bear market03:42 Volatility, IBIT options and repriced markets06:23 IBIT flows and a bottom in crypto narratives09:27 Austin Federa on DoubleZero and Edge for Builders15:49 AI agents, trading access and exchange UIs22:43 The K-shaped economy and Bitcoin ETF demand29:06 Kraken, Hyperliquid and US perpetual futures34:57 Crypto exchanges, Robinhood and on-chain IPOs37:26 Crypto market structure and self-custody risks44:07 Meme coins, pump.fun and entertainment vs. investing Austin Federa on X: https://x.com/Austin_FederaDoubleZero: https://doublezero.xyzAndrew Parish on X: https://x.com/AP_AbacusTillman Holloway on X: https://x.com/TEXASOL61Arch Public: https://archpublic.com Watch this episode on YouTube: https://www.youtube.com/watch?v=Sm3ez-tlplQ 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
More from The Wolf Of All Streets
From The Daily Wolf with Scott Melker, live weekdays at 12pm ET on Yahoo Finance.
From The Daily Wolf with Scott Melker, live weekdays at 12pm ET on Yahoo Finance. Scott Melker discusses this past weekend's liquidation of Bitcoin (BTC-USD) leverage and all the movements of Strive (ASST), Strategy (MSTR), and Bitmine (BMNR). Donald Trump and World Liberty Financial are being sued in Federal Court. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Watch every episode on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/ 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.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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.