Bits + Bips: Why ETH Is Soaring and How Long The Rally Can Continue - Ep. 886

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 13 August 2025

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ethereum’s rally has captivated the market, but is it really about the GENIUS Act and stablecoins, or just raw flows? In this episode of Bits + Bips, Alex Kruger, Ram Ahluwalia, Steven Ehrlich, and special guest Sid Powell of Maple Finance, dive deep into what’s driving ETH, the macro forces shaping crypto’s next leg up, and whether traders are completely wrong about the Fed’s next moves. From the potential flood of TradFi capital onto the blockchain, to the battle for stablecoin dominance, to whether Solana is about to get a major boost, the conversation dissects the signals in today’s market. Hosts: Alex Kruger, Founder of Asgard Ram Ahluwalia, CFA, CEO and Founder of Lumida Steven Ehrlich, Executive Editor at Unchained Guest: Sid Powell, CEO & Co-Founder of Maple Finance Links: Unchained: Custodia Patent for Bank Stablecoin Challenges Big Banks Entering the Field CBS News: CPI rose in July by 2.7% on an annual basis. Here's what that means. CNBC: Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth Fed board contenders Miran, Bullard say Trump's tariffs are not causing inflation CoinDesk. ETH Transaction Volume C Much as $20limbs on Price Rally, Cheaper DeFi Costs Tom Lee's BitMine Immersion Aims to Raise asB for More ETH Buys Cointelegraph: SharpLink Gaming shares dip after $400M deal to boost Ether holdings Bloomberg: Godfather of the Mar-a-Lago Accord Goes to the Fed Timestamps: 🎬 0:00 Intro 🚀 2:52 Why ETH has been rallying so aggressively 💪 10:14 Why Alex says the ETH rally will continue 📉 12:53 How BitMine and SBET ended up with such wildly different mNAVs 🧾 14:07 How treasury companies are planning to deploy their crypto onchain 🏛️ 18:45 What TradFi institutions are looking for in Maple and other onchain finance apps 📊 28:07 What Alex is watching to signal the next breakout in crypto prices ⛏️ 32:57 Who really makes money during this new gold rush? 🔥 42:15 Why SOL could be on the verge of a big announcement 🧠 44:58 What Ethereum’s core purpose is in this new market cycle 🌍 47:34 How macro indicators are sending mixed signals 🤖 54:31 What the NVDA and AMD revenue shares with the U.S. government mean for the future of capitalism could mean for the broader market 🏆 58:13 Who stands to win big in crypto if the Fed cuts rates 💵 1:03:26 What Circle’s earnings reveal about its business model right now 🛡️ 1:04:33 Whether Custodia Bank’s patent could block big banks from launching stablecoins 📉 1:11:35 Why markets might be totally mispricing the Fed’s next moves Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's a flow story. The genius act, the stable coins, the fact that ETH is basically what is used.
0:07.2	This is the narrative. He's being used for securing X amount of dollars on chain.
0:13.1	I think it's a great narrative, but it's not really what drives the price.
0:16.7	And that being said, I don't see any reason for this to stop, at least not just yet.
0:22.5	I think it has at least a few more months of very high flows.
0:26.2	Hi, everyone.
0:27.4	Welcome to Bits and Bips, exploring how crypto and macro collide one basis point at a time.
0:33.1	Today, we're going to talk about East partying like it's December 2021, Bitcoin trying to set a new
0:38.9	all-time high, a bunch of additional crypto treasury news, including some firms branching out
0:44.5	into new tokens, a renewed Chinese trading truce and what to expect from the big CPI print
0:51.5	that's coming tomorrow. But first, a few quick intros.
0:54.5	I'm your host, Steve Erlich,
0:56.1	high scribe of the Engine Kingdom.
0:58.0	And I'm here with two of our regulars.
1:00.1	First, Alex Kruger, Kruger Macro of House of Asgard Protector of the Realm.
1:05.3	Hi, everyone.
1:06.7	Ram Al-Alawalia, maister wealth, leader of Lumida.
1:10.3	And today we are joined by our special guest, Sid Powell, High Chancellor of Maple Finance.
1:16.2	So welcome, Sid.
1:17.6	Thanks, Steve.
1:18.2	Glad to be here.
1:19.2	Why don't you, Sid, just for a brief moment, introduce yourself and what you do at Maple.
	...

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