Unchained

Laura Shin

Bits + Bips: Is Bitcoin Finally Being Priced on Fundamentals?

SEP 23, 202613 MIN

Description

๐Ÿ“ข Bits + Bips has its own channel now โ€” full episodes here: https://www.youtube.com/@Bitsandbips Quick favor: We're deciding what Unchained does next; new shows, stream times, what's worth paying for. Our listener survey takes five minutes, it's anonymous, and I read the write-in answers myself. Everyone who takes it can enter a drawing for a free year of Unchained Premium or Bits + Bips Premium. Open through Sunday, October 18. โ€” Laura When the Clarity Act stalled in Congress, the shorts expected Bitcoin to break. It dipped to $75,000 and stopped. Then came the surprise that the bill might pass after all, and Bitcoin closed its first weekly candle above its 50-week moving average in 45 weeks. Ram Ahluwalia calls it a short squeeze, and says that doesn't make it illegitimate. Chris Perkins sees a regime change, with institutions now underwriting crypto on fundamentals. Austin Campbell asks what happens if US retail, still missing from the Coinbase premium, shows up too. Hosts: Austin Campbell - Host of Bits + Bips, Founder of Zero Knowledge Group, and Adjunct Professor at NYU Stern - https://x.com/austincampbell Ram Ahluwalia - Co-host of Bits + Bips and CEO of Lumida - https://x.com/ramahluwalia Chris Perkins - Co-host of Bits + Bips and Head of Franklin Crypto - https://x.com/perkinscr97 This segment is from a longer conversation on Bitcoin, the Fed, a $30 trillion debt pile, and Meta's new AI agent. Full episode here: https://youtu.be/r2Z9ooMTcZ0?si=-mncR-xhm7kUM507 We go live every Monday - subscribe to catch it live. ๐Ÿ‘‰ Visit 1inch to swap tokenized securities, crypto and more. Simple. Secure. Self-custodial. Whatever asset youโ€™re buying - swap it at http://unchainedcrypto.com/go/1inch-sn Chapters: ๐Ÿ“Š 00:34 Bitcoin's 50-week reclaim: the bull case and the bear case laid out ๐Ÿป 03:51 Why Ram thinks it's a short squeeze, and why that doesn't make it illegitimate ๐Ÿ”„ 05:14 Why Chris thinks this is a regime change toward fundamentals โš–๏ธ 07:31 Austin on how Clarity's failure invalidated the short case ๐Ÿ‘€ 12:26 Why retail hasn't shown up yet, and what happens if it does Learn more about your ad choices. Visit megaphone.fm/adchoices