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DAS Takeaways, Crypto’s Largest Liquidation Ever & Have We Peaked? | Weekly Roundup
Duration: 01:07:47
October 17, 2025
- Yesterday saw the largest liquidation event in cryptocurrency history, leading to significant price drops across the market.
- Despite the massive sell-off, Bitcoin remains in a technical uptrend, with plans and trajectories for the broader crypto market largely unchanged.
- The timing of this liquidation event, just as institutions are preparing to enter the market, raises suspicions of potential manipulation, though it cannot be proven.

Hivemind: Record Liquidations, Auto-Deleveraging, & Biggest Post-Crash Winners & Losers
Duration: 01:05:02
October 16, 2025
- Extreme volatility and liquidations: The conversation highlighted an unprecedented market event characterized by extreme volatility, causing massive liquidations across leveraged positions, significantly impacting traders and the overall market structure.
- Auto-Deleveraging (ADL) and exchange transparency: A key discussion point was the mechanism of auto-deleveraging (ADL) used by exchanges to maintain solvency, with participants emphasizing the need for greater transparency regarding its implementation and the role of insurance funds.
- Depegging events and stablecoin resilience: The podcast explored the phenomenon of stablecoin depegging, distinguishing between temporary price dislocations and fundamental collateral impairment, and discussing the resilience of collateral-backed stablecoins like USD versus algorithmic ones.

Kalshi CEO’s Bold Vision For The Future of Markets | Tarek Mansour
Duration: 01:14:08
October 13, 2025
- The company's journey involved a significant early focus on navigating complex regulatory hurdles to legitimize prediction markets as a financial instrument.
- A key turning point was the successful lawsuit against the government to enable the operation of election markets, demonstrating a commitment to operating within legal frameworks.
- The platform has experienced parabolic growth, expanding to thousands of markets and reaching $40 billion in annualized volume, with sports currently dominating but other categories like politics and culture showing significant growth potential.

LIVE | Market Crash: What Happened and What’s Next
Duration: 01:01:15
October 12, 2025
- The recent significant liquidations in crypto were largely driven by a buildup of leverage in perpetual futures trading, especially among users employing delta-neutral strategies across multiple exchanges, which proved to be riskier than anticipated.
- The Automatic Deleveraging (ADL) system, designed to liquidate positions when an exchange's insurance fund is insufficient, acted as a last resort, forcing out profitable or highly leveraged traders to cover losses, a mechanism unfamiliar to many users.
- A key point of contention was the fairness of trading practices, with concerns raised about opaque ADL negotiations, potential API issues on centralized exchanges like Binance, and the sudden loss of liquidity in altcoin markets due to the fragility of market-making arrangements.

Polymarket's $2B Deal with ICE Changes Everything | Weekly Roundup
Duration: 01:09:34
October 10, 2025
- The discussion highlighted Shane, the founder of Poly Market, and his maniacal focus and unwavering belief as key factors in the company's success, even amidst challenges.
- The hosts explored the evolving stablecoin landscape, predicting fragmentation with various entities issuing them, but questioning if any, besides the US dollar itself, will achieve broad brand recognition and dominance.
- There was a divergence in opinions on the Binance Smart Chain (BSC) ecosystem, with one host suggesting people are betting on CZ's return and influence while others questioned the ecosystem's ability to create valuable applications independent of the Binance exchange.

Mike Dudas on Uptober and the Continued Bull Market
Duration: 01:10:21
October 3, 2025
- Sixman Ventures is focusing on crypto application layers with real revenue and economics driving token performance.
- Mike Dudis believes that the most successful crypto founders possess a clear vision and put talented people around them to focus on specific tasks.
- Dudis is very bullish on the current market, citing increasing onchain DeFi volume, new stablecoin mechanisms, and the positive flow of funds from long-term institutional allocators.

Hivemind: State of The Market, Hyperliquid, Plasma & Tether's $500B Valuation
Duration: 01:02:12
October 2, 2025
- Yuan expressed a bullish outlook due to strong macro factors, potential for an ETH/SOL run with ETFs, and the ongoing AI-driven capex spend.
- The podcast discussed the unexpectedly low volume of recently-launched Solana ETFs, and the potential risk of liquidation due to high leverage in ETH and SOL perpetual futures.
- The hosts explored the possibility of the SEC allowing ICOs again, highlighting Double Zero's no-action letter as a potential sign of increased regulatory acceptance for tokenized offerings.

Crypto In 2025, Is DAT Season Over & Market Outlook With Jordi Alexander
Duration: 00:18:17
October 1, 2025
- Jordi believes the four-year crypto cycle is no longer reliable due to government involvement and macro conditions, predicting smaller flushes instead of extended bear markets.
- The conversation highlights the current "Purpex war" and cautions against the sustainability of high valuations and airdrop emissions for new entrants, even with innovative features like zero fees.
- Jordi expresses bullishness on a web3 AI resurgence, emphasizing the need for killer apps that bridge web2 and web3 while acknowledging the unpredictable nature of what ultimately gains traction in the market.

The Art of Trading and Galaxy’s Next Chapter | Mike Novogratz
Duration: 01:13:42
September 30, 2025
- Coins held on exchanges should be segregated and lending should only occur with explicit permission to maintain transparency and build trust.
- The recent failures are an indictment of poorly run or fraudulent companies like FTX, not of crypto itself, as Bitcoin and blockchain technology have enduring value.
- A crisis of confidence persists in the crypto market, but long-term, this presents a buying opportunity, with trusted custodians like Fidelity potentially emerging as big winners.

Have We Topped, Aster vs Hyperliquid & Tether's $500B Valuation | Weekly Roundup
Duration: 01:08:14
September 26, 2025
- The speakers discussed a market rotation towards Bitcoin as they believe we are in the second half of the cycle.
- The inefficiency for trading perps on-chain was noted, until Hyperlquid arrived.
- The speakers debated if traditional businesses may be a better investment opportunity than crypto businesses with comparable multiples, suggesting a contrarian approach of investigating " deeply unsexy businesses."
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