BTC runs back to $111k

Unknown Source October 20, 2025 61 min

artificial-intelligence startup meta

51 Companies

84 Key Quotes

2 Topics

🎯 Summary

Podcast Episode Summary: BTC Runs Back to $111k

This 61-minute episode of the “Modern Market” podcast focused on the recent price action of major cryptocurrencies, significant developments in the blockchain infrastructure space (particularly EVM scaling and tokenization), and reflections on market sentiment and personal trading discipline following recent volatility.

1. Focus Area

The primary focus areas were:

Crypto Market Analysis: Review of Bitcoin (BTC) and Ethereum (ETH) price movements, altcoin/meme coin performance, and general market sentiment following a recent significant drawdown.
Blockchain Infrastructure & DeFi: Deep dives into major funding rounds and strategic moves concerning EVM scaling solutions and tokenized assets.
Investment Strategy & Psychology: Discussion on risk management, the dangers of comparing personal performance to others, and the importance of stepping back during uncertain market periods.

2. Key Technical Insights

EVM Scaling Development: Stripe’s significant investment in its Tempo blockchain signals continued high-level corporate interest and capital flowing into Layer 1/EVM scaling solutions, suggesting this area remains a critical focus for infrastructure development.
Token Warrant Buybacks: The unusual move by MegaETH to buy back equity token warrants before the token launch highlights novel mechanisms being explored for early investor management and signaling confidence in the project’s future valuation structure.
RWA Synthetics Volatility: The discussion noted significant volatility and skepticism surrounding synthetic representations of RWAs (stocks/commodities) on-chain, indicating ongoing technical and market friction in bridging traditional assets seamlessly.

3. Market/Investment Angle

Market Sentiment is Cautious: Despite BTC bouncing back above $111k, the hosts and guests expressed a collective feeling of absent “gut feeling” regarding the immediate direction, suggesting market participants are timid about aggressively re-leveraging after the recent crash.
Risk Assessment on Upside: The hosts debated whether the potential upside remaining (e.g., BTC moving from $111k to $135k) justifies the leverage required to make a “meaningful mark” on a portfolio, leaning toward caution for those who have already profited this cycle.
Gold vs. Bitcoin Rotation: There was discussion around the narrative shift where some traders considered rotating out of “overheated” gold positions into Bitcoin, mirroring traditional asset rotation frameworks applied to crypto.

4. Notable Companies/People

Stripe: Announced a $500 million Series A raise for its blockchain project, Tempo, valuing it at a $5 billion FDV.
MegaETH: Executed an early buyback of 4.75% of its equity token warrants from investors.
Dan Robinson: Former Ethereum Foundation member, is leaving for Stripe’s Tempo L1.
ZachXBT: Mentioned as the “digital Batman of crypto,” whose presence in comment sections immediately raises anxiety about potential scams or misconduct.
Kobe: His recent reflections on the value of money and the pitfalls of comparing earnings were a key psychological talking point.

5. Regulatory/Policy Discussion

Japan’s Stance Shift: Japan is reportedly considering allowing its banks to trade digital assets like Bitcoin, a significant potential shift given the country’s historically high crypto tax rates, which previously incentivized treasury company creation.

6. Future Implications

The conversation suggests the industry is moving toward:

Maturing Infrastructure: Continued high-profile corporate backing (Stripe) for EVM scaling solutions.
Evolving Token Economics: More creative and complex structures for managing early investor expectations (MegaETH warrants).
Psychological Reset: A period where traders are prioritizing capital preservation and avoiding the extreme leverage that characterized the recent risk-on phase, potentially leading to slower, more deliberate price discovery.

7. Target Audience

This podcast is most valuable for Crypto/Web3 professionals, active traders, and investment strategists who need granular updates on market structure, infrastructure funding, and high-level trading psychology.

🏢 Companies Mentioned

CZ ✅ Associated Entity (Binance Founder)

Mock ✅ Meme Coin

J Miles ✅ unknown

Chainlink Marines ✅ unknown

Can I ✅ unknown

And Brad ✅ unknown

Financial Times ✅ unknown

Bitcoin ETFs ✅ unknown

Bitcoin Spot ETF ✅ unknown

Coin Market Cap ✅ unknown

Ben Lamb ✅ unknown

Warren Buffett ✅ unknown

Power Mode ✅ unknown

The Legendary ✅ unknown

Legendary Gains ✅ unknown

💬 Key Insights

"People were going after people, trying to dox people. It's just like late-cycle stuff as people are getting anxious that the doors are closing and let's try to get as much as we can. Let's try to rip people down if we need to in order for us to win."

Impact Score: 10

"Bitcoin Spot ETF net inflows in US dollars over the last day. So, Friday, Thursday, and Wednesday last week have been red with outflows of 360, 530, and 104 million."

Impact Score: 10

"TradFi would kill for that kind of a return [10% or 20% gain over a few months], and we're just like, 'Oh, well, that's—I mean, 20%? Are you kidding me? That doesn't feel like a lot.'"

Impact Score: 10

"Me saying, 'Oh, I sized up really big on this. This is I'm taking some risk on stuff,' but I'm going from 1% to 2% of my portfolio—that doesn't mean anything. But my words sound big relative to someone else. For someone else, they might be riding like 80% of their portfolio in a perks position."

Impact Score: 10

"the people who were early got scammed. The people who were early, the exchange got hacked and then they never came back."

Impact Score: 10

"looking at what other people have made and then tying yourself to it and assuming that they've made more than you and then drawing some conclusions off the back of it is probably one of the worst things you can do, as always."

Impact Score: 10

📊 Topics

#artificialintelligence 77 #startup 2