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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:
- How the Bybit team responded so well to the hack
- Why the market selloff was not specific to crypto
- How institutions have become more sophisticated about crypto
- Why SOL has been down so much and whether it has bottomed
- Whether tariffs keep having an effect on the markets
- Why the state of the markets makes Eliézer think the crypto asset class has matured
- Whether bitcoin can be a safe haven and the role of diversification
- What the next catalysts for crypto are
- Why Eliézer is so optimistic about the long-term outlook of crypto
- Alex’s spicy opinion on DOGE and Elon Musk
Sponsors:
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