Bankless

Joining us this week is Anthony Sassano! We'll explore whether the current price downturn signals the end of the bull market or just a minor hiccup in the cycle, analyze the Fed’s latest rate cuts, and assess institutional adoption trends keeping crypto’s momentum alive. Big L2 developments are making waves: Kraken’s Ink chain hits mainnet early, Deutsche Bank ventures into zkEVMs, and ENS selects Linea for scaling its Namechain. Meanwhile, Pudgy Penguins launch the PENGU token, sparking controversy and volatility. Plus, fresh insights from the 2024 Crypto Developer Report and a closer look at the Aave vs. Polygon drama. Stick around for Anthony’s On-Chain Spotify Wrapped and tips on spotting market tops! ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    ⁠  🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty  ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum  🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle     ⁠  📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED https://bankless.cc/iYield  🗣️TOKU | CRYPTO EMPLOYMENT  https://bankless.cc/toku ------ TIMESTAMPS & RESOURCES 00:00:00 Start https://www.cnbc.com/2024/12/18/fed-meeting-live-updates-traders-await-december-interest-rate-cut.html  https://x.com/Matt_Hougan/status/1869627735267840135  00:02:45 Market https://www.cnbc.com/2024/12/18/fed-meeting-live-updates-traders-await-december-interest-rate-cut.html  https://x.com/Matt_Hougan/status/1869627735267840135  00:09:10 Where Are We In This Cycle https://www.grayscale.com/research/reports/the-state-of-the-crypto-cycle  00:12:04 ETF Flows https://farside.co.uk/?p=1518  https://farside.co.uk/btc  00:16:09 Mover Of The Week… Fartcoin? https://www.coingecko.com/en/coins/fartcoin  https://www.infinitebackrooms.com/dreams/conversation-1721540624-scenario-terminal-of-truths-txt  00:26:48 Developers, Developers, Developers https://www.developerreport.com/developer-report  https://x.com/MariaShen/status/1867295574242078980  https://x.com/MariaShen/status/1851702783319126277  https://x.com/RyanSAdams/status/1867324885732671778  00:34:54 Kraken Ink Chain Live https://x.com/inkonchain/status/1869417386761470219  http://inkonchain.com/dashboard  00:38:34 Deutsche Bank Announces zk L2 https://thedefiant.io/news/tradfi-and-fintech/deutsche-bank-s-1-5-trillion-project-dama-2-develops-ethereum-l2-zksync-38f6221f  00:41:32 Caroline Crenshaw Vote https://x.com/BrendanPedersen/status/1869055922238279940  https://x.com/standwithcrypto/status/1869151080300548383  https://www.citizen.org/article/support-comm-crenshaw/  https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409421  https://x.com/EleanorTerrett/status/1867301980890165398  00:47:14 Aave vs Polygon https://governance.aave.com/t/arfc-adjust-risk-parameters-for-aave-v2-and-v3-on-polygon/20211  https://x.com/DefiIgnas/status/1868612366822461817  https://x.com/sandeepnailwal/status/1869153510756909475  https://x.com/stanikulechov/status/1869182600008679563  00:54:06 Pudgy Penguins Launched Their PENGU Token https://x.com/LucaNetz/status/1869005071624904959  https://x.com/suji_yan/status/1868682237488894422 https://claim.pudgypenguins.com/  https://www.coingecko.com/en/coins/pudgy-penguins-pengu https://nftpricefloor.com/  00:58:15 Ethena Launched Its New Stablecoin https://x.com/ethena_labs/status/1868657723799470361  https://x.com/ZeMariaMacedo/status/1868673718911713602   01:00:35 Bankless Wrapped Just Launched! https://bankless.com/wrapped  01:04:37 How to Recognize Bull Market Tops? https://imgur.com/a/Vaw3TSW  01:10:42 Check Out The Daily Gwei Shoutout to The Daily Gwei for Ethereum-focused insights and updates. https://www.youtube.com/@TheDailyGwei ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠ 

Ejaaz returns to break down the latest surge in AI Agent innovation alongside Ryan this week, covering the rapid evolution at the intersection of crypto and AI. They explore how AI agents are making onchain payments to each other, autonomously ordering real-world goods, and even running their own Ethereum validators. They also dive into the new frameworks and partnerships—like ai16z’s collaboration with Stanford and Virtuals’ explosive growth—propelling these agents into cultural, economic, and infrastructural prominence. Will autonomous AI agents fundamentally reshape crypto market dynamics, creating new paradigms for value and coordination that spark unprecedented growth? Follow Ejaaz on Twitter: https://x.com/cryptopunk7213  ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    ⁠ 🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty  ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum    🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle     ⁠  📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED https://bankless.cc/iYield  🗣️TOKU | CRYPTO EMPLOYMENT  https://bankless.cc/toku  ------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/116?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E ------ TIMESTAMPS & RESOURCES 0:00 Intro 2:04 AI Agent Bull Case  https://x.com/ai16zdao/status/1868105247056683129   5:46 Chris Dixon’s Read, Write, Own (Automate?)  9:20 AI Ordering Pizza https://x.com/ropirito/status/1867013533243769100  12:23 AI Ordering Toilet Paper https://x.com/AgentTankLive/status/1868704493157884289  16:16 Agent to Agent Commerce  https://x.com/ethermage/status/1868687530742460750  23:05 Bankless $500 Agent Tip https://x.com/simulacrumai/status/1867230651075768533  26:13 Virtuals Growth https://imgur.com/a/2Y79V3P    https://x.com/ethermage/status/1867616462019678708  https://x.com/virtuals_io/status/1868648756591391115  https://x.com/s4mmyeth/status/1868397655497613561   35:49 AI16z’s Eliza Labs Stanford Partnership & v2 Details  https://x.com/shawmakesmagic/status/1867721347406999917  https://x.com/ai16zdao/status/1868689379344195680  45:35 Arc   https://x.com/dv_memetics/status/1866670277440020570  https://x.com/0thtachi/status/1867337171595911473  https://x.com/arcdotfun/status/1867206440206696520  https://x.com/shawmakesmagic/status/1867799462787293244  https://x.com/0xcygaar/status/1868072783089127516  49:40 Zerebro Runs an Ethereum Validator  https://x.com/tintsion/status/1867293794112344080  https://open.spotify.com/track/6G3XpKtoIoS7WpiuzeMBau?si=cd62150670cc4dfb    57:17 Top Emerging Trends https://x.com/ropirito/status/1867282256672567517   https://x.com/aimonicabrands/status/1867281243265806732   https://x.com/Defi0xJeff/status/1867976166201774265   1:07:15 Lightning Round of Cool Shit This Week  https://x.com/cookiedotfun/status/1867268954831695909   https://x.com/getmasafi/status/1867379305334153702  1:11:17 Homework to Learn More About AI Agents   https://www.bankless.com/ai-agents   https://x.com/yb_effect   https://x.com/S4mmyEth   https://www.amazon.com/Accelerando-Singularity-Charles-Stross/dp/0441014151   1:14:22 Closing & Disclaimers  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures 

How can economic bubbles be good for the world? Byrne Hobart is a financial analyst known for his newsletter "The Diff" which covers tech, trends and economics. Byrne has been on the periphery of crypto for longer that this podcast has existed In this podcast we discuss the book he has co-authored, Boom: Bubbles and the End of Stagnation, where he makes the case for why human progress has stagnated and why speculative bubbles might be the only way out. ------ 📣 DYDX | UNLIMITED ERA  https://bankless.cc/dydx-unlimited  ------ 🎬 DEBRIEF | Ryan & David Unpacking the Episode: https://www.bankless.com/podcast/debrief-the-byrne-hobarts-interview  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    ⁠ 🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty  ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle     ⁠  📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED https://bankless.cc/iYield  🗣️TOKU | CRYPTO EMPLOYMENT  https://bankless.cc/toku ------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/115?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E  ------ TIMESTAMPS 0:00 Intro 7:29 Byrne’s Crypto Background 10:13 Bitcoin Inception 28:17 Blockspace Economics 34:20 BOOM Thesis 45:35 The Great Stagnation 1:16:46 Civilizational Risk 1:32:31 Good Bubbles vs Bad Bubbles 1:40:04 Identifying the Next Bubble 1:47:53 Closing & Disclaimers ------ RESOURCES Byrne Hobart https://x.com/ByrneHobart   Boom: Bubbles and the End of Stagnation https://a.co/d/f7m2OG8   The Diff Newsletter https://www.thediff.co/   ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠ 

What are the best investing opportunities in Tech for 2025? Elad Gil is one of silicon valley's legendary investors. He's backed 40 unicorns including Airbnb, Coinbase, Figma and Stripe to name a few. He's super active in AI and hosts the no priors podcast which is like Bankless but for AI. In this conversation, Elad explores the state of AI and how the industry is evolving, what he thinks about Crypto. and why he’s bullish on Tech in general given the new United States political administration. ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    ⁠  🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty  🐧 CARTESI | LINUX-POWERED ROLLUPS https://bankless.cc/CartesiSimple  🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle     ⁠  📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED https://bankless.cc/iYield  🔒  SAFE | INTRODUCING SAFENET https://bankless.cc/SAFE ------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/114?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E  ------ TIMESTAMPS 0:00 Intro 6:02 AI in 2024 8:21 The Future of AI 12:35 Where are we on the S Curve? 17:38 AI vs Other Tech Revolutions 20:23 Are we in a Bubble? 23:59 Evolution of AI 29:06 AI x Crypto 34:12 Centralized vs Decentralized AI 37:46 AI Agents 42:32 Doomsday Scenario 47:16 Raw Crypto 52:28 Order of Trends 55:06 Silicon Valley on Crypto 58:14 Crypto Founders vs Tech Founders 1:01:27 Politics & Tech 1:14:36 Advice for 2025 1:17:13 Closing & Disclaimers ------ RESOURCES Elad Gil https://x.com/eladgil   Elad Gil Website https://eladgil.com/   No Priors Podcast https://www.youtube.com/@NoPriorsPodcast   Prime Open sources their 10B parameter training run https://x.com/PrimeIntellect/status/1862607165669900407   ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠