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The Pomp Podcast

#951 Will Bitcoin Continue To Fall To $30k? - BTC On-Chain Analytics

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 7 May 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

In today's episode, I break down Bitcoin On-Chain Analytics. I'm usually joined by WiIl Clemente on Saturdays to discuss his research through articulating his weekly newsletter. Unfortunately, Will was unable to join us this week. Instead, I go through the Blockware Newsletter to help you understand why Bitcoin crashed this week and what you should do during a crash. This on-chain breakdown was streamed live on the "The Best Business Show." To see the video with the corresponding charts referenced throughout the interview, go to my Anthony Pompliano YouTube Channel ======================= Today’s episode is brought to you by Coinbase Wallet, your key to the world of crypto. Crypto wasn’t made to just buy, sell, and hodl. With Coinbase Wallet, you can do so much more: Collect more NFTs, earn more with DeFi, and trade more than 4,000 tokens. Whether you’re looking to play, stake, spend, or just explore a trending new protocol — Coinbase Wallet is your key to more. Long-time HODLers already know that wallets are a must-have if you want complete control of your crypto. That’s why Coinbase Wallet makes self-custody simple, while providing the safety and security of the most trusted name in crypto. Visit http://coinbase.com/wallet to learn more. ======================= If you’re a regular listener of the podcast, I would bet that two things are true: First: You’re passionate about Web3 and protecting your personal data And two: that you’re a human.   If I’m right, then congratulations! You’re entitled to all the benefits of the decentralized web. But there’s a catch: As Web3-enabled tech — like NFTs, smart contracts, and DAOs — drive more elements of our “real world” lives online, proving that you’re a person – without surrendering personal data – becomes exponentially more valuable. And exponentially more difficult.   This is why Unstoppable Domains launched Humanity Check.    Humanity Check proves that you’re, well, you – without revealing personal data. No matter where you go on the web, you’ll have total control over which apps you want to share data with…and which ones you don’t.   Prefer to be completely clouded in mystique? No worries - Humanity Check is 100% opt in. If you want to feel alive, or at least prove you are, head to http://UnstoppableDomains.com and get your NFT domain with Humanity Check. ======================= Crypto is all about giving the power back to the people and our sponsor, Pipe, is doing that in a big way. Pipe is the world’s first trading platform that allows you to trade recurring revenue streams for up-front capital. And with Pipe’s new API, companies with recurring revenue can build seamless, embedded financing options into their platforms. One of the most interesting uses for Pipe’s new API right now is Compass Mining’s “Mine Now, Pay Later” which powers payment plans on bitcoin mining hardware so more miners can start or scale with a smaller up-front investment. Whether you’re looking for mining hardware or scaling any business with recurring revenue, check out Pipe to access growth capital with: No loans. No dilution. No restrictive covenants or warrants. Just growth on your terms And right now, Pomp Podcast listeners can access tens of thousands of dollars even millions fee-free for 12 months. Whether you are a bitcoin mining company looking to enable financing for your customers or a SaaS, DTC, or any business that has recurring revenue, sign up at http://pipe.com/pomp to start trading today.

Transcript

Click on a timestamp to play from that location

0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp

0:07.4

podcast, simply the best podcast out there. Now let's kick this thing off. In today's episode,

0:13.1

Will Clemente couldn't join me for our weekly sit down. So instead, I just break down all of the

0:18.4

charts that he put together. I hope that you enjoy this and please bear with me, as obviously I'm nowhere near as astute

0:24.5

in these metrics as will, but I'm doing my best to keep up.

0:27.6

So before we get into this episode, though, I want to quickly talk about our sponsors.

0:31.4

Today's episode is brought to you by Coinbase Wallet, your key to the world of crypto.

0:35.9

Crypto wasn't made to just buy, sell, and hold. With

0:38.6

Coinbase wallet, you can do so much more. Collect more NFTs, earn more with Defi, and trade

0:43.9

more than 4,000 tokens. Whether you're looking to play, stake, spend, or just explore a trending

0:48.9

new protocol, Coinbase wallet is your key to more. Long-time holders already know that wallets are a must have if you want complete control

0:56.5

of your crypto.

0:57.7

That's why Coinbase wallet makes self-custody simple while providing the safety and security

1:02.1

of the most trusted name in crypto.

1:04.6

Visit coinbase.com slash wallet to learn more.

1:08.1

Again, that's coinbase.com slash wallet and learn more today. Today's episode is brought to you by

1:13.6

unstoppable domains. If you're a regular listener of this podcast, I'd bet that the two things are true.

1:18.7

First, you're passionate about Web 3 and protecting your personal data. And two, you're a human being.

1:23.9

If I'm right, then congratulations. You're entitled to all the benefits of the decentralized

1:28.2

web. But here's the catch. As Web 3 enabled technology like NFT, smart contracts, and Dow's,

1:33.8

dive more elements of our real world lives online, proving that you're a person without

1:38.5

surrendering your personal data becomes exponentially more valuable and exponentially more difficult

...

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