How much have you donated to politicians. >> So I uh um I don't remember the I I can get back to you. I don't remember the latest figure.I'll be like a round number >> ballpark. I I think um >> Sam, you really need to >> Okay, got Yeah. Sam Bakeman Freed before his spectacular crash.Joining me now, actor, author, and producer of the documentary Everyone is Lying to You for Money, Ben McKenzie, who you saw interviewing Sam Bankman Freed there. Ben, good to have you. >> Great to be here.>> So, you have this d ...

Last week we were talking to Kathy Wood and she, you know, has had a very sort of sky-high um valuation for for Bitcoin. I think it was $ 1.5% million she thought it could ultimately get to. She took that down interestingly last week and suggested that the success of stable coin has become is so much higher than she thought that in some ways stable coins for transactions could ultimately crowd out Bitcoin that might have been used for that.Big big picture we believe blockchain and cryptocurrencies are a sup ...

Bitwise Solana ETF (BOL) Performance & Outlook - Bitwise's Solana staking ETF (BOL) experienced significant inflows, reaching $417 million in its first week, including $67 million on one day alone [1] - The ETF is recognized as the fastest-growing new ETF launch of the year across all asset classes, indicating strong investor demand for Solana exposure [2] - Bitwise views the current market pullback as a favorable entry point for investors, with Solana trading below $160 [3] Solana's Potential & Staking Rewards - Bitwise emphasizes that investing in BOL provides exposure to both the growth of stablecoins and tokenization markets, with Solana poised to capture an increasing market share [4][5] - The company highlights Solana's potential for substantial growth (2x, 3x, or even 10x) in the coming years if both stablecoin/tokenization adoption and Solana's market share increase [7] - BOL stakes 100% of its Solana holdings, offering investors a yield of 7% or more, contributing to the ETF's attractiveness [8] Bitwise's Staking Leadership & Future ETF Plans - Bitwise is a leader in crypto staking, operating a dedicated staking division (Bitwise Onchain Solutions) [9] - The company plans to upgrade existing Ethereum staking ETFs to include staking rewards, similar to its European offerings and the new Solana ETF [10][11] - Bitwise anticipates launching more spot crypto ETFs tied to other altcoins like XRP, potentially offering diversified, index-based crypto ETF products in the future [12][13] Crypto Market Trends & Bitcoin Outlook - The crypto market is currently divided, with retail investors experiencing "max desperation" while institutional investors remain bullish [23][24][25] - Bitwise believes the market is nearing the end of the retail washout and anticipates a rally into the end of the year and into 2026, driven by institutional investment [26] - The company is optimistic about Bitcoin, suggesting it could reach new all-time highs by the end of the year (above $125,000 - $130,000) and potentially reach Michael Saylor's target of $150,000 [28]

Market Volatility & Leverage - The crypto market experienced volatility, particularly in altcoins, highlighting concerns about leverage [1][2] - Offshore futures trading, though representing less than 2% of Bitcoin's total value, accounts for 70% or more of trading volume, contributing to market volatility [3] - Excessive leverage, such as 100x on platforms, can lead to significant liquidations, as seen in the $19 billion liquidation event, harming investors and increasing market volatility [9][10] Bitcoin vs Altcoins - Bitcoin is increasingly viewed as a distinct asset class, a "digital gold," separate from other cryptocurrencies that are more akin to technology bets on blockchain innovation [4] - The vast majority of crypto assets, by number, are considered worthless, requiring investors to be cautious, especially when using leverage [5][17] Regulatory Landscape - The GENIUS Act, providing regulatory clarity for stablecoins, is a significant milestone, with potential for broader adoption in cross-border payments and financial market transactions [19] - The CLARITY Act, addressing crypto market structure, is still under legislative consideration, while regulatory agencies are working to establish frameworks for the crypto space [19][20] Digital Asset Treasuries - Interest in the digital asset treasury construct has waned, with multiples to NAV retreating, potentially impacting business models reliant on trading at a premium [14][15]

Market Trends & Cryptocurrency Performance - Bitcoin fell to the $18,000 level, Ether traded just above $3,900, and Ripple's XRP fell by 2.36% [2] - Paxos accidentally minted $300 trillion worth of PYUSD due to a technical error but burned the excess tokens immediately [3][4] - BlackRock reconfigured its Select Treasury-based liquidity fund to comply with the Genius Act, potentially serving as a reserve asset for stablecoin issuers [5][6] Acquisitions & Expansion - Ripple acquired GT Treasury for $1 billion to bring blockchain infrastructure to corporate finance [2] - Kraken acquired a derivatives exchange (a CFTC licensed designated contract market) from IG Group for $100 million, expanding its global trading infrastructure [7][8] - Kindly MD merged with Nakamoto Holdings, a Bitcoin investment company [8][11] Regulatory & Political Landscape - The Genius Act became law in July, marking a major piece of crypto legislation [5][31] - A market structure bill and a Bitcoin-specific bill are on the horizon, addressing taxes and mining in the United States [35][36] Digital Asset Treasury (DAT) Strategies - The digital asset treasury space is relatively young, with the market scrutinizing these plays and seeking differentiation in strategies [11][12][13] - Companies are exploring unique approaches, such as targeting international markets, focusing on specific asset categories, or rolling up operating businesses [14][15] - The industry anticipates significant growth in institutional investment in Bitcoin over the next decade [29]

Stablecoin & Cryptocurrency Market Dynamics - The stablecoin Tether's market capitalization could potentially surpass Bitcoin's [1] - Tether is described as a tokenized dollar, suggesting its potential to become a dominant digital currency [1] - The growth of Tether could occur at the expense of Euro dollar deposits and traditional banking systems outside the US [2] - The US administration may have the goal of promoting the use of Tether [3] Potential Value Capture - An increase in Tether's circulating supply from 200 billion to 2 trillion (an incremental 1800 billion) would result in enormous value capture for Tether [4] - Crypto equities might perform better than expected due to blockchain utilization [4]

$TRWAThe stable coin narrative growing stronger, connections with the UAE government, royal family and ties to BlackrockI think this is going to be a top performer next few months https://t.co/u04Z4eMbZ4 ...

Stablecoin Narrative - $TRWA is positioning itself significantly as the stablecoin narrative expands [1] - The company is establishing connections with the UAE government [1]

Industry Trends - The new Nvidia chips have provided a significant leap, potentially leading to substantial profits for those who acquire them [1] - Crypto has experienced a renaissance in the last year and is being embraced by the current administration [3] Company Specifics - Via Transportation celebrated an IPO [2] - Gemini's global crypto platform, Gemini, is going public [2] - Even after a 10-year effort, the company believes it is still early innings [3]

Partnerships & Alliances - OpenVPP is partnering with Circle, the second largest stablecoin issuer globally [1] - OpenVPP joined the Circle Alliance Program [1] Industry Focus & Market Opportunity - OpenVPP operates in a $10 trillion industry, positioning it as a potentially significant player [1] - The company aims to bring energy markets on-chain to support AI, BTC mining, and EVs [1] - The company is focusing on the convergence of the Internet of Money and the Internet of Energy [2] Growth Potential - The company is considered a bullish altcoin with the potential to reach multi-billion dollar valuation [1]