Crypto markets are down bad—but is this just a rough patch, or are we looking at something bigger?
After a brutal sell-off in Solana, the $1.5 billion Bybit hack, and macro uncertainty weighing on Bitcoin, investors are searching for answers. Some think the worst is over, while others believe more pain is coming before the market turns around.
In this episode of Bits + Bips, Noelle Acheson, Alex Kruger, and Ram Ahluwalia are joined by Eliézer Ndinga of 21Shares to break it all down. They discuss how institutions are approaching this downturn, why Solana has been hit harder than the rest, and what catalysts could bring crypto back to life.
Is this the start of a new accumulation phase, or are we in for another leg down?
Show highlights:
2:36 How the ByBit team responded so well to the hack
17:43 Why the market selloff was not specific to crypto
29:09 How institutions have become more sophisticated about crypto
31:10 Why SOL has been down so much and whether it has bottomed
34:37 Whether tariffs keep having an effect on the markets
37:23 Why the state of the markets makes Eliézer think the crypto asset class has matured
41:27 Whether bitcoin can be a safe haven and the role of diversification
45:26 What the next catalysts for crypto are
49:33 Why Eliézer is so optimistic about the long-term outlook of crypto
53:33 Alex’s spicy opinion on DOGE and Elon Musk
Sponsors:
Somnia Network
RockWallet
Bitwise
Hosts:
Noelle Acheson, Author of the “Crypto Is Macro Now” Newsletter
Alex Kruger, Founder of Asgard
Ram Ahluwalia, CFA, CEO and Founder of Lumida
Guest:
Eliézer Ndinga, Head of Strategy and Business Development at 21.co; the parent company of 21Shares
Links
Unchained: North Korean Hackers Are Winning. Is the Crypto Industry Ready to Stop Them?
Reuters: Trump says Canada, Mexico tariffs on schedule despite border, fentanyl efforts
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