Bits + Bips: Bitcoin in Geopolitics, ETH’s Momentum, SOL ETFs & China’s Crypto Pivots? - Ep. 748

In this episode of Bits + Bips, hosts James Seyffart, Ram Ahluwalia, and Noelle Acheson are joined by Jamie Coutts to analyze Ethereum’s breakout and its improving fundamentals, how China’s “moderately loose” policy stance is changing the global liquidity landscape, and the pro-market implications of Paul Atkins leading the SEC.
They also explore Jerome Powell’s and Putin’s takes on Bitcoin, the controversial CBOE withdrawal of the Solana ETF filing, and the role of Bitcoin in geopolitics.
Show highlights:

How the employment data showed some mixed reactions in regard to next steps for the Fed

Whether China will start a new era of augmented liquidity

Why the U.S. dollar getting stronger is bad for crypto prices

How bitcoin is not a competitor to the U.S. dollar

The significance of David Sacks as Crypto & AI Czar

Why everyone believes that Atkins in the SEC is very positive for markets

Whether China will pivot and adopt friendlier crypto regulation

Putin’s remarks on the role of bitcoin

Why CBOE withdrew its SOL ETF filing

Jamie’s analysis on how liquidity affects prices and where we’ll see a top

Why Ram thinks that MSTR has peaked

Why Jamie believes that ETH will continue its momentum and perform better than the broader market

Why Microsoft and Amazon might adopt bitcoin on their balance sheet

Whether the breakthrough in quantum computing will disrupt Bitcoin

How Solana’s daily fees have grown to a significant percentage of the L1 landscape

Hosts:

James Seyffart, Research Analyst at Bloomberg Intelligence

Ram Ahluwalia, CFA, CEO and Founder of Lumida

Noelle Acheson, Author of the “Crypto Is Macro Now” Newsletter

Guest:

Jamie Coutts, Chief Crypto Analyst at Real Vision

Links
China Rally:

China Politburo policy shift spurs surge in stocks, bonds | Reuters

China Eases Overall Monetary Policy Stance for First Time in 14 Years

Fed and Powell:
Decrypt: Fed Chair Jerome Powell Likens Bitcoin to Gold, Says It’s Not Dollar Rival

Timestamps:

00:00 Intro

01:42 Mixed signals from employment data and the Fed’s next steps

07:33 China’s “moderately loose” policy and its liquidity impact

13:32 Why a stronger U.S. dollar spells trouble for crypto

23:49 Bitcoin’s role alongside the U.S. dollar, not against it

27:49 David Sacks as Crypto & AI Czar: What it means for the industry

29:40 Why Paul Atkins at the SEC is a win for markets

34:00 Whether China could adopt a pro-crypto stance

37:53 Putin’s surprising take on Bitcoin’s geopolitical role

41:39 What’s behind the SOL ETF filings

43:25 Jamie’s take on crypto’s potential upside

46:49 Why Ram believes MSTR may have peaked

49:59 Jamie’s bullish outlook on ETH outperforming the market

56:26 Could Microsoft and Amazon add Bitcoin to their balance sheets?

59:05 The quantum computing breakthrough

1:01:05 Solana’s fees climb significantly—what does it mean?

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