Crypto Markets Rebound, ETH vs. SOL, and More

This week on Unchained: Don't miss the interviews with Jason Pagoulatos and Jeff Dorman. Plus, a new episode of TCB.

August 10, 2024

Jason Pagoulatos, head of markets at Delphi Digital, explains why crypto markets rebounded quickly from the rout this week, why ETH has underperformed BTC and SOL in 2024, and how Fed and election uncertainty might affect crypto.

After the unwinding of the Japan carry trade, the weak jobs report, and Jump’s dumping of ETH slammed crypto prices earlier this week, Jason Pagoulatos, head of markets at Delphi Digital, gives his insights on where prices are headed. He explains why he thinks Ethereum has underperformed so far in 2024, how the ETH ETFs might impact the price as outflows from Grayscale’s ETHE dwindle, and how the election, moves by the Fed, and the adoption of Bitcoin ETFs by Morgan Stanley advisors will affect BTC.

Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.

Jeff Dorman from Arca breaks down the recent crypto crash, its causes, and whether buying the dip is a smart move.

The recent crypto crash has left many investors questioning the way the market is going. In this episode, Jeff Dorman, chief investment officer at Arca, provides a deep dive into the factors behind the crash, the macroeconomic influences at play, and why he remains optimistic despite the downturn. Expressing surprise at Ethereum’s underperformance this year, he describes how the Democrats’ handling of crypto is an own goal, and how TradFi and DeFi differ from each other during market upheavals.

Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.

Solana’s Meteoric Rise, Federal Reserve Implications, and Crypto’s Political Battle

This episode addresses the recent market crash, the Bank of Japan’s surprising rate hike, and its global impact. The team also discusses the Science of Blockchain Conference’s relocation from Stanford to New York, and the current political landscape affecting crypto, including reactions from key politicians and internal community conflicts. Highlights include Solana’s recent performance surge, opportunities in its ecosystem, and the effects of Elizabeth Warren’s letter to the CFTC on prediction markets.

Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.

In Case You Missed It 👀

Here are some articles you will probably want to read:

MakerDAO is one of the top protocols by revenue generated and yet it has had one of the weakest rebounds over the last seven days.

A Zoom meeting on Thursday with Democratic Party leaders highlighted a longstanding grievance held by those in the crypto space. 

The integration aims to increase the adoption of Ethena’s cryptocurrencies: USDe and sUSDe.

Despite numerous positive developments, ETH is underperforming this year, especially compared to Bitcoin and Solana.

After five weeks of inflows, bitcoin-related investment funds saw $400 million worth of outflows last week.

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