RECENT EPISODES
Fri 6 NovThe Daily Wolf | Bitcoin dropped back to its pre-election priceBitcoin has erased its post-election rebound, returning to roughly $75,000–$76,000 amid heavy liquidations and U.S. spot Bitcoin ETF outflows. Scott Melker also discusses the sharp equity sell-off and debate over pausing advanced AI development, along with a reported $2.5 billion Binance-linked wallet drain that raises questions about crypto security and custody.Fri 6 NovBitcoin Just Wiped Out The BullsBitcoin’s reversal appears to have flushed leveraged longs, with about $1.2 billion in long positions cited, rather than proving its fundamentals have weakened. The selloff also hit stocks hard, especially semiconductors, as leveraged positioning amplified market declines. The episode examines Bitcoin’s test of its weekly 50-day moving average and why ETF outflows may be following prices rather than signaling a lasting shift in demand.Thu 5 NovThe Daily Wolf | It took one day to start rewriting the Clarity ActThree hours after Scott Melker predicted crypto critics would write new legislation, Democrats reportedly began drafting an updated Clarity Act, with a larger SEC role, reduced CFTC authority and ethics restrictions. The bill’s prospects remain uncertain: it would need 60 Senate votes and could face a presidential veto. Melker also discusses completed trades in tokenized CNTN shares and Strategy’s STRC returning to its $100 par value.Thu 5 NovBitcoin's Short Squeeze Just Flipped The MarketBitcoin’s brief move above $80,000 followed $215 million in short liquidations in one hour, but Scott says the squeeze needs follow-through to signal a durable shift. The discussion also examines Solana’s record $657 million day in tokenized-stock trading and the uncertain regulatory path for on-chain equities. Riot’s sale of Bitcoin to fund a 910-megawatt AI data-center campus highlights miners’ push into AI infrastructure.Wed 4 NovThe Daily Wolf | Crypto's easy years in Washington just endedWith Democrats winning both chambers, Scott Milker says crypto faces renewed scrutiny: the Clarity Act is likely stalled, while investigations into Trump’s crypto activities could follow. Crypto and AI PACs won just two of 11 competitive races despite about $176 million in spending. Yet crypto-friendly regulators are still advancing pro-innovation positions, including guidance on digital commodities and securities.Wed 4 NovBitcoin Should Be CRASHING After The Blue WaveBitcoin briefly fell after the blue wave, then recovered with other markets, as speakers argued the election had not changed its bull-market thesis or Bitcoin’s underlying operation. They discuss crypto’s poor showing in key races despite heavy spending and the uncertain outlook for the Clarity Act. The episode also examines the Binance hack, North Korean social engineering, and the security trade-offs of fast, high-volume trading.Tue 3 NovThe Daily Wolf | The SEC just drew the line on who controls a blockchainThe SEC staff drew the line between commodity-like tokens and securities around whether a central party controls a blockchain, including power over access, validators, or protocol rules; broad, unaffiliated token-holder governance may not amount to control. The guidance is staff FAQs, not a new SEC rule. The episode also examines Binance’s $5.28 billion in net outflows over 46 hours and New Jersey’s rescission of its Coinbase staking order and $5 million penalty, without deciding the case’s merits.Tue 3 NovBitcoin's September Trading Range Just BROKE DOWNBitcoin’s September range has broken down amid a technology sell-off, with Bitcoin near $77,000 but still above $60,000 and its 50-week moving average. The discussion weighs subdued ETF inflows against growing adviser interest in crypto, stablecoins and tokenization, and examines how a major exchange breach could deepen retail concerns. Ryan also argues that regulatory clarity and institutional adoption could become stronger market drivers as uncertainty eases.Mon 2 NovThe Daily Wolf | Binance lost $6.3 billion in the biggest crypto theft everBinance restored withdrawals across 15 network groups after a 48-hour freeze following the $6.3 billion theft. Scott Milker said outflows had peaked near $6 billion—less than 4% of Binance’s customer assets—and said law enforcement attributed the hack to North Korea’s Lazarus Group. He said there was almost no evidence AI enabled the theft, though AI was reportedly used afterward to obscure the movement of stolen funds.Mon 2 NovBitcoin Faces Its Toughest Macro Test Of 2026Bitcoin’s toughest macro test of 2026 may be whether it can hold up as central banks pause or raise rates and risk markets weaken. The speakers debated whether falling oil, housing weakness and tighter policy point toward deflation, or whether fiscal pressures will keep inflation elevated. They also disagreed on Bitcoin’s resilience, noting its recent relative strength but underperformance against the S&P 500 and gold over one- and two-year periods.Sun 1 NovBitcoin Is Coming For The Banks | Jesse PollakJesse Pollak argues that Base can become the settlement layer beneath familiar banks and brokerages, with Coinbase working with JPMorgan on deposit tokens and Citi on USDC transfers. He sees Bitcoin expanding beyond “digital gold” through trading, lending, loans, and instant global payments on Base. Pollak also expects blockchain rails to handle a growing share of financial activity, while AI agents begin making payments and managing finances on-chain.Fri 30 OctThe Daily Wolf | Binance's $6.3 billion hack is four times the size of the old record.The episode examines Binance’s reported $6.3 billion hack, roughly four times the previous record, and the response: about $3 billion frozen, with Binance saying it would cover customer losses. Investigators described rapid, automated transfers, while outside firms attributed the attack to North Korea’s TraderTraitor group; Binance had not confirmed that attribution. The discussion also considers crypto custody, Bitcoin’s decline, and a growing contest over tokenized securities.Fri 30 OctBITCOIN CRASHES as Binance Confirms $6.3B BIGGEST HACK EVERBitcoin slid below $80,000 and touched $76,000 as speakers debated whether the downturn was a mild bear market or a buying opportunity. They examine reports of a roughly $6.3 billion Binance hack, whose cause and attribution remain unclear, alongside frozen funds and the exchange’s ability to absorb losses. The episode also explores rising crypto security threats, from attacks on service providers to AI-enabled impersonation scams.Thu 29 OctThe Daily Wolf | Wall Street's clearing house just went live on a blockchain.DTCC has launched a tokenization service on Canton and its private Besu network, starting with 34 securities and about 20 institutional partners after receiving an SEC no-action letter. Scott Melker sees the move as a milestone for near-real-time settlement, but questions whether better financial plumbing will benefit retail investors. The episode also covers the Fed’s rate pause amid persistent inflation and Google’s private preview of a multi-party-computation custody system for Bitcoin and Ethereum.Thu 29 OctBitwise Sees $1.6 Million Bitcoin Ahead | Matt ColeBitwise’s average-case forecast puts Bitcoin at $1.6 million by 2036, assuming it captures 1% of institutional assets and 25% of a $110 trillion store-of-value market. Matt Cole discusses Strive’s roughly $500,000 Bitcoin target for 2030 and why cash flow matters for corporate Bitcoin strategies. He also considers fiat-debt pressures, Bitcoin’s fixed supply and the challenges AI may pose to self-custody.Wed 28 OctThe Daily Wolf | Robinhood's crypto revenue just grew for the first time in a year.Robinhood’s Q3 2025 crypto revenue rose 20% from the prior quarter to $120 million, its first increase in a year, though it remained 55% below the year-earlier level. Event-contract revenue climbed more than sixfold to $173 million, helping total revenue reach a record $1.42 billion as EPS missed expectations. The episode also explores objections to OKX-ICE’s proposed tokenized-stock venue and Brazilian traders’ use of crypto to seek dollar exposure during a presidential runoff.Wed 28 OctBitcoin's Biggest Buyers Have Gone QuietBitcoin traded sideways in October as Strategy skipped a purchase, Strive bought heavily, and spot Bitcoin ETF flows shifted between inflows and outflows. The speakers debated whether a negative Coinbase premium matters, while noting that ETF flows tend to follow Bitcoin’s price. Beyond buying, Coinbase is moving into bank infrastructure: seven major banks have onboarded or are preparing to use its systems, and a Citi partnership will let corporate customers convert virtual-account cash to USDC for payments.Tue 27 OctThe Daily Wolf | Crypto's Biggest Week in Regulation Just HappenedCrypto regulation moved quickly this week, with Ripple receiving final approval for a limited-purpose national trust bank to manage RLUSD reserves and Hyperliquid naming Kraken parent Payward as its initial U.S. partner for a CFTC-regulated derivatives offering, pending approval. The NBA also selected Kalshi and Polymarket as preferred prediction-market exchanges, even as U.S. rules for the sector remain unclear.Tue 27 OctBitcoin's Bear Market Is OVER - But Wall Street Is SplitAlex Thorn and Austin Federa argue Bitcoin’s bear market likely ended at the June lows, though investors remain wary of another crash; one speaker sees prices in the $70,000s as an opportunity over a 12-to-18-month horizon. Wall Street remains divided, with Galaxy anticipating a bull market while Bernstein lowered its outlook for Coinbase, Circle, Robinhood and other crypto stocks. The discussion also explores volatility and institutional demand.Mon 26 OctThe Daily Wolf | Bitcoin's weekend leverage gets liquidated, Strive stacks bitcoin, and the Trump-Stablecoin lawsuitBitcoin’s slide from about $82,000 to $79,000 triggered $815 million in 24-hour liquidations, with thinner weekend trading amplifying the move before prices recovered into the $80,000s. Strive bought 6,182 Bitcoin, its largest purchase to date, funded through its 15% SATS product. A lawsuit challenges World Liberty Financial transactions involving a UAE-linked $500 million stake purchase and MGX’s $2 billion investment settled in USD1; the White House called the suit frivolous.Mon 26 OctBitcoin And Gold Are Both LOSING In 2026 - Why?Bitcoin and gold were among 2026’s weakest major assets, down about 7%–8% as rising yields and tighter financial conditions pressured risk assets. Speakers debate whether gold’s valuation offers long-term upside and whether Bitcoin can become “digital gold,” with Bitcoin still below $80,000 and its hedge credentials disputed. They also assess whether AI infrastructure borrowing could strain credit markets and weigh on stocks.Mon 26 OctBitcoin And Gold Are Both LOSING In 2026 - Why? | Peter TchirPeter Tchir discusses why rising bond yields are pressuring gold and Bitcoin, which pay no income, as panelists debate whether gold’s decline is temporary and Bitcoin can regain momentum. Bitcoin has lagged the Nasdaq, while views differ on what adoption and network fundamentals imply. Tchir also warns that widening credit spreads tied to the compute build-out could expose a slowdown markets have yet to price in.Sun 25 OctBitcoin Is Insurance Against Financial Chaos - ARK's Chief FuturistARK Chief Futurist Brett Winton frames Bitcoin as portable digital gold and insurance against persecution, asset seizure, and runaway inflation, while warning that custody carries security risks and investment has an opportunity cost. He compares Bitcoin’s bearer-asset resilience with banking’s vulnerabilities and argues stablecoins make Bitcoin less likely to become everyday money this cycle. The conversation also examines AI-driven cyber threats and competition for capital to build compute infrastructure.Sat 24 OctBitcoin Could Swing 30% Either Way In The Next Two Months | Gracy ChenGracy Chen calls Bitcoin’s outlook a “monkey market,” saying it could swing 30% in either direction over the next one or two months as trading volumes remain subdued. She also discusses Bitget’s security incident, which she said stemmed from a vulnerability in a third-party product and caused no user losses, and points to tokenized real-world assets and AI trading tools as areas of opportunity.Sat 24 OctInside The First 3 Hours Of A $388 Million Crypto Hack | Bitget CEO Gracy ChenBitget CEO Gracy Chen recounts the first hours after the September 24 attack, when hackers exploited a zero-day flaw in a third-party security product to steal about $388 million. She says Bitget’s private key was not compromised and no insider attack was found. The exchange halted withdrawals, used its protection fund to make users whole, and later tightened credentials, wallet procedures, and safeguards for vendors with privileged access.Fri 23 OctBitcoin's Biggest Advantage Is The One Wall Street Can't Buy | Saeed BadregSaeed Badreg argues tokenization’s key appeal is opening access to assets and markets that conventional finance has kept out of reach, not merely moving existing products on-chain. He says Sunrise has made more than 100 listings on Solana and processed over $300 billion in cumulative volume, and expects real-world assets to drive more on-chain activity than new crypto tokens. The discussion also examines institutional crypto adoption, including JPMorgan’s tokenized-fund and payments activity despite Jamie Dimon’s criticism of Bitcoin.Thu 22 OctBitcoin Was Recovering. Then Wall Street's AI Problem Hit. | Carlos DomingoBitcoin was recovering around $81,000 amid global market turmoil, while headlines tied its weakness to doubts about the AI trade—a market narrative, not a proven cause. Carlos Domingo discusses how AI models could uncover overlooked software vulnerabilities, potentially making the internet safer if flaws are patched, and why AI agents may soon use crypto rails, programmable dollars and tokenized financial products.Wed 21 OctBitcoin Went From $60K to $84K. Why Does It Feel Stuck?Bitcoin’s rise from the $60,000s to the $80,000s looked constructive to Scott, but it struggled near $84,000, where a large liquidation cluster was noted. Markets jumped on a false U.S.-Iran peace announcement and retreated when it was denied. The discussion also examines regulatory moves shaping tokenized markets, including unresolved questions around shareholder rights and the operational hurdles to shifting trading on-chain.Wed 21 OctWashington Just Rewrote The Rules For Stablecoins. What It Means For BitcoinThe GENIUS Act is law, but agency rules are still taking shape, while the separate Clarity Act may be stalled. The discussion examines how clearer U.S. rules could bring stablecoin business onshore and make cross-border payments faster and cheaper, alongside Robinhood’s tokenization efforts. Bitcoin was around $84,000; the episode treats regulatory change as shaping crypto products, not as a proven driver of its price.Tue 20 OctBitcoin's Biggest ETF Just Took In $665 MILLION. So Who's Still Selling? | Alex ThornBitcoin ETFs drew $665 million in a single day, all of it into BlackRock’s IBIT, even as other funds saw outflows. Alex Thorn thinks the surge likely reflects existing Bitcoin holders converting to ETF exposure, while a comparison of ETF and treasury-company flows with older coins suggests more than 100,000 BTC moved out than those entities acquired this year—but does not prove longtime holders sold. He also discusses Bitcoin’s shallower drawdowns and cautious outlook.Mon 19 OctBitcoin Fell Just 2% As AI Stocks Lost $1 TRILLION - What's Holding It Up? | Brent DonnellyAs AI stocks lost $1 trillion, Bitcoin fell only about 2%, raising questions about whether adoption and fixed supply are supporting its price—and whether that resilience will last. Brent Donnelly notes Bitcoin’s latest rally is far smaller than prior cycles, while AI’s heavy borrowing and uncertain payoff could lift yields and tighten financial conditions, putting risk assets, including Bitcoin, under pressure.Fri 16 OctBitcoin's Biggest Buyer Could Get Kicked Out Of Major Stock IndexesMSCI’s proposed rule favoring operating businesses over asset-holding companies could exclude Strategy; Scott estimates about $2.8 billion in outflows, while Sandy Call says exclusion could weaken the company’s appearance of mainstream acceptance. Franklin Templeton is putting its Benji tokenization platform to practical use, including as collateral, and developing stablecoin sweeps into tokenized money market funds. The discussion also explores tokenized deposits, liquidity risks in tokenized private funds, and Franklin’s approach to valuing crypto networks.Thu 15 OctWhat Hunter Biden Learned Launching A Meme CoinHunter Biden says he launched Laptop Token to reclaim the laptop story and make money, while directing part of the project toward charity. Its volatile debut featured inadequate liquidity, a brief $317 billion displayed market cap and a market maker’s limited use of allocated funds; Biden estimated retail losses at about $2.5 million, while saying the market makers’ conduct remained unexplained.Wed 14 OctBitcoin's Next Peak Is Further Away Than You Think. Here's Why | Saifedean AmmousSaifedean Ammous argues Bitcoin’s shrinking drawdowns—about 53% recently versus 77% previously—could make it acceptable to institutional investors and other new pools of capital, even as demand from existing crypto investors matures. He expects gains over the next couple of years if Bitcoin stays above its $59,000 bear-market low, but sees no precise peak date. He also discusses Michael Saylor’s Bitcoin-linked products as a possible route to investors wary of volatility.Tue 13 OctBitcoin Held Up Better Than Chip Stocks - Is It The Safer Trade Now?Bitcoin slid near $80,000 before rebounding above $83,000 as Korean stocks tumbled, prompting a debate over whether its relative resilience signals a decoupling—not proof that Bitcoin is now a safer trade. The discussion also examines how options shape Bitcoin’s volatility and why longer equity trading hours could expose investors to sharper moves in thinner overnight markets.Mon 12 OctBitcoin Holds $82K As Bessent's "House" Looks Ready To Fold | Andy ConstanBitcoin has held near $82,000 after several failed attempts to break $86,000–$87,000, with Andy Constan expecting consolidation rather than an immediate breakout. Constan argues Treasury Secretary Scott Bessent is seeking to suppress long-term rates, potentially shifting government borrowing toward bills as the deficit remains large. The discussion weighs bonds’ renewed portfolio appeal against growth and inflation risks, and debates whether Bitcoin can become digital gold or remains tied to markets and political catalysts.Sun 11 OctBitcoin REFUSES To Crash - Even Peter Schiff Admits He’s SurprisedBitcoin has risen from about $60,000 to roughly $85,000 and held those gains, surprising Peter Schiff, who expected new lows by now but says he cannot explain what is supporting the price. He suggests technology-market strength and Strategy’s purchases may be helping sentiment, while gold has surrendered much of its rally. The discussion also weighs Bitcoin’s uncertain market direction and political exposure against Schiff’s bearish outlook for bonds and U.S. stocks.Fri 9 OctBitcoin Is On Sale - And Wall Street Is Picking THESE Altcoins Next | Matt HouganWith Bitcoin near $82,000, Matt Hougan says the bull market is not dead and the pullback may offer favorable support, while crypto inflows remain strong and increasingly institutional. He explains why investor attention is expanding beyond the largest tokens but remains selective, favoring projects with revenue, and discusses NEAR’s appeal as both a blockchain and a potential home for AI agents.Thu 8 OctBitcoin Falls To $82K As Samsung Brings Crypto To 82 Million PeopleBitcoin’s slide to around $82,000 prompted discussion of choppy markets, a possible healthy support retest and the host’s decision to buy dips. Samsung’s planned USDC integration could bring crypto-based payments to 82 million US Galaxy users, with transfers and local-currency payouts in more than 60 countries expected from late October. The episode also examines Securitize’s planned launch of tokenized US stocks on Solana and growing institutional use of the network.Wed 7 OctBitcoin DUMPS To $83K As Bond Yields Break 24 - Year HighsBitcoin fell to $83,000 as 30-year Treasury yields hit fresh 24-year highs and oil rose above $100 after Iranian tanker attacks. Speakers said Bitcoin was holding up better than stocks and gold despite pressures from rising yields, oil and a stronger dollar, while recent price action may signal a regime change. They also weigh bond-market liquidity risks, potential government intervention and what Treasury debt buybacks could mean for markets.