In the podcast hosts Jason and Santiago discuss various topics related to the crypto industry. The main focus of the discussion revolves around the institutional impacts on crypto, including BlackRock CEO Larry Fink’s comments on Bitcoin as digital gold and the effect of the Coinbase ETF rally. They also touch upon the NFT market capitulation, Blur scapegoating, Lido treasury conversion, and the excitement around Permissionless.
- Larry Fink’s Comments on BTC as Digital Gold: BlackRock CEO Larry Fink’s comments on Bitcoin being digital gold have sparked a narrative around institutional adoption of Bitcoin. This could potentially lead to a significant shift in the crypto market dynamics.
- Coinbase ETF Rally: The hosts discuss the impact of the Coinbase ETF rally on the crypto market. This rally could potentially influence the market sentiment and drive further institutional adoption.
- NFT Market Capitulation and Blur Scapegoating: The hosts discuss the current state of the NFT market, which seems to be in a bear phase. They also touch upon the scapegoating of Blur, a platform that has been blamed for the market downturn.
- Lido Treasury Conversion: Lido, a liquid staking solution, has converted a significant portion of its Ethereum treasury into staked Ethereum (stETH). This move demonstrates a confidence in the staking mechanism and could influence other projects to follow suit.
- Excitement Around Permissionless: The hosts express their excitement about the upcoming Permissionless event, highlighting the diversity of its attendees and the potential for meaningful discussions and connections.
- Bullish Sentiment: The hosts express a bullish sentiment towards the institutional adoption of Bitcoin, spurred by Larry Fink’s comments and the Coinbase ETF rally. They also show optimism about the future of staking, as evidenced by Lido’s treasury conversion.
- Bearish Sentiment: A bearish sentiment is expressed towards the current state of the NFT market, with the hosts discussing market capitulation and the scapegoating of Blur.
- Neutral Sentiment: The hosts maintain a neutral sentiment towards the upcoming Permissionless event, expressing excitement about the event but not necessarily predicting its impact on the market.