Connect with Onramp // Onramp Terminal // David Thayer

The Last Trade: a weekly, bitcoin-native podcast covering the intersection of bitcoin, tech, & finance on a macro scale. Hosted by Jackson Mikalic, Michael Tanguma, & Brian Cubellis. Join us as we dive into what bitcoin means for how individuals & institutions save, invest, & propagate their purchasing power through time. It's not just another asset...in the digital age, it's The Last Trade that investors will ever need to make.

00:00 - Welcoming Back David Thayer

09:30 - Bitcoin ETF and Institutional Adoption

17:15 - Portfolio Allocation and Wealth Transfer

24:14 - Market Dynamics and Economic Indicators

29:13 - Concentration in Equity Markets

34:30 - Liquidity and Monetary Policy Effects

42:12 - Taxation and Economic Implications

45:08 - Robinhood and Tokenization of Assets

49:56 - Bitcoin as a Store of Value

54:39 - The Future of Bitcoin Treasuries

01:13:48 - Independence Day Reflections and Bitcoin's Role

01:20:08 - Outro and Disclaimer

Please subscribe to Onramp Media channels and sign up for weekly Research & Analysis to get access to the best content in the ecosystem weekly.

Connect with Onramp // Onramp Terminal // Richard Byworth on X // Syz Capital // Bram Kanstein on X

The Last Trade: a weekly, bitcoin-native podcast covering the intersection of bitcoin, tech, & finance on a macro scale. Hosted by Jackson Mikalic, Michael Tanguma, & Brian Cubellis. Join us as we dive into what bitcoin means for how individuals & institutions save, invest, & propagate their purchasing power through time. It's not just another asset...in the digital age, it's The Last Trade that investors will ever need to make.

00:00 - Welcoming Back Richard Byworth

05:12 - Bitcoin as the Hurdle Rate

08:09 - The Impact of Bitcoin Treasury Companies

11:14 - Public Market Dynamics and Bitcoin Treasuries

14:13 - The Role of Bitcoin in Traditional Finance

17:05 - Risks and Opportunities in Bitcoin Treasury Companies

20:18 - Retail vs. Institutional Participation

23:27 - The Future of Bitcoin Treasury Companies

26:14 - Bitcoin in Real Estate Financing

29:03 - Legitimization of Bitcoin as a Capital Asset

49:07 - The Role of Bitcoin in Debt Markets

54:50 - Bitcoin's Resilience Amidst Market Uncertainty

57:43 - The Asymmetric Opportunity of Bitcoin

01:01:20 - Bitcoin Treasuries and Adoption

01:07:58 - The Future of Bitcoin and Institutional Adoption

01:13:35 - Concluding Thoughts on Bitcoin's Journey

01:18:43 - Outro and Disclaimer

Please subscribe to Onramp Media channels and sign up for weekly Research & Analysis to get access to the best content in the ecosystem weekly.

Connect with Early Riders // Connect with Onramp

Presented collaboratively by Early Riders & Onramp Media…

Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.

00:00 - Introduction and Overview of Recent Developments

02:48 - Stablecoins and Regulatory Changes

06:43 - Market Dynamics and Institutional Trust

10:56 - Texas Bitcoin Reserve Legislation

14:42 - Custody Solutions and Security Risks

20:57 - Technological Revolutions and Market Perception

32:14 - Navigating Competition in Crypto Markets

33:39 - The Zero-Sum Nature of Bitcoin Trading

36:33 - Counterparty Risks and Market Dynamics

38:34 - The Role of Institutional Adoption in Bitcoin's Future

41:59 - Understanding Bitcoin's Volatility and Market Behavior

45:29 - The Future of Money and Digital Assets

46:39 - The Impact of Capital Constraints on Business Growth

49:36 - Bitcoin as a Conservative Capital Strategy

52:06 - Building Sustainable Businesses in a Bitcoin Economy

56:43 - Counterparty Risk in Gold and Bitcoin Markets

If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly.

Links discussed:

https://www.earlyriders.com/open-range/open-range-reserves-rise-hackers-strike-and-futures-cool

https://www.cnbc.com/2025/06/18/pro-israel-hackers-iran-crypto.html

https://www.reuters.com/world/middle-east/suspected-israeli-hackers-claim-destroy-data-irans-bank-sepah-2025-06-17

https://cryptobriefing.com/texas-bitcoin-reserve-law

https://www.cnbc.com/2025/06/17/genius-stablecoin-bill-crypto.html

Keep up with Michael: X and LinkedIn

Keep up with Brian: X and LinkedIn

Keep up with Liam: X and LinkedIn

Connect with Onramp // Onramp Terminal // Bitcoin Policy Summit // Stephen Pollock on X

The Last Trade: a weekly, bitcoin-native podcast covering the intersection of bitcoin, tech, & finance on a macro scale. Hosted by Jackson Mikalic, Michael Tanguma, & Brian Cubellis. Join us as we dive into what bitcoin means for how individuals & institutions save, invest, & propagate their purchasing power through time. It's not just another asset...in the digital age, it's The Last Trade that investors will ever need to make.

00:00 - Introduction to Stephen Pollock from BPI

01:09 - Market Resilience Amid Geopolitical Tensions

07:04 - The Genius Act and Its Implications for Stablecoins

14:57 - The Future of Stablecoins and Financial Services

20:52 - Digital Threat Landscape and Bitcoin Custody

28:11 - Bipartisan Support for Bitcoin Policy

33:51 - The Economic Weight of Bitcoin in Politics

37:35 - The Current State of Bitcoin Adoption

44:01 - Comparing Bitcoin to Historical Technological Shifts

50:43 - Bitcoin's Relationship with Government and Policy

57:34 - The Future of Bitcoin in America

01:03:44 - Bitcoin Policy Summit Sneak Preview

Please subscribe to Onramp Media channels and sign up for weekly Research & Analysis to get access to the best content in the ecosystem weekly.

Connect with Onramp // Onramp Terminal // Gerry O'Shea on X // Hashdex

The Last Trade: a weekly, bitcoin-native podcast covering the intersection of bitcoin, tech, & finance on a macro scale. Hosted by Jackson Mikalic, Michael Tanguma, Brian Cubellis, & Tim Kotzman. Join us as we dive into what bitcoin means for how individuals & institutions save, invest, & propagate their purchasing power through time. It's not just another asset...in the digital age, it's The Last Trade that investors will ever need to make.

00:00 - Bitcoin's Bullish Momentum in 2025

04:35 - Market Sentiment and Price Analysis

07:24 - ETF Impact on Bitcoin's Market Structure

10:24 - Institutional Adoption and Investor Behavior

13:27 - State Policies and Bitcoin Investments

16:51 - The Role of Bitcoin in Fiscal Responsibility

19:39 - Political Dynamics and Bitcoin's Future

44:14 - The Debt Train: A Silver Lining

45:34 - Policy Shifts and Bitcoin's Role

50:46 - Legislative Landscape: Stablecoins and Market Structure

58:17 - Stablecoins: Integration into Traditional Finance

01:02:17 - Physical Security and Bitcoin Ownership

01:12:22 - The Future of Bitcoin and Market Dynamics

01:19:42 - Outro and Disclaimer

Please subscribe to Onramp Media channels and sign up for weekly Research & Analysis to get access to the best content in the ecosystem weekly.