About this episode
Bitcoin is back at Biden-era prices, ETFs are bleeding, and Saylor just did the thing he said never to do: sell. Ryan and David unpack whether crypto has one more drop left, what trillion-dollar IPOs reveal about broken capital markets, and why their ETH debate may be the real fight for Ethereum’s future.---📣OKX | THE NEW MONEY APPhttps://app.okx.com/en-us/join/usbankless ---BANKLESS SPONSOR TOOLS:🔮POLYMARKET | #1 PREDICTION MARKEThttps://bankless.cc/polymarket-podcast🧭OKX | TRADE, EARN, PAY to OKX | 120M+ USERS WORLDWIDEhttps://app.okx.com/join/USBANKLESS🦊 METAMASK | DOWNLOAD NOWhttps://go.metamask.io/BL-Pod-Download🌐BRIX | EMERGING MARKET YIELDhttps://bankless.cc/brix🎯THE DEFI REPORT | ONCHAIN INSIGHTShttps://thedefireport.io/bankless---TIMESTAMPS & RESOURCES0:00 Intro3:07 Marketshttps://x.com/aggrnews/status/2063954465678410121https://www.coindesk.com/markets/2026/06/01/analysts-agree-strategy-s-bitcoin-sale-was-immaterial-differ-on-future-signalshttps://imgur.com/SDyYiQShttps://x.com/WatcherGuru/status/2063964293478101014 https://x.com/zoomerfied/status/2062288919853490553https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-announces-pricing-of-upsized-series-a-perpetual-preferred-stock-offering-302792359.htmlhttps://thedefiant.io/news/tradfi-and-fintech/bitmine-files-300m-preferred-stock-offering-9-5-yield-eth-treasuryhttps://www.coindesk.com/business/2026/06/03/tom-lee-s-bitmine-to-offer-preferred-stock-with-9-5-dividend-seeking-to-raise-usd300-millionhttps://imgur.com/tvIDofVhttps://x.com/KobeissiLetter/status/2065049515384582205https://polymarket.com/event/fed-rate-hike-in-2026https://fred.stlouisfed.org/graph/https://www.theguardian.com/business/2026/jun/11/ecb-eurozone-interest-rates-iran-war-inflation30:11 IPO Seasonhttps://app.lighter.xyz/trade/SPACEXhttps://app.lighter.xyz/trade/ANTHROPIChttps://app.lighter.xyz/trade/OPENAI36:29 Bankless Guys Are Fightinghttps://x.com/steweycrypto/status/2062796930326094216https://x.com/RyanSAdams/status/2062598415482245528https://x.com/TrustlessState/status/2062599824491372906https://x.com/RyanSAdams/status/2062612677466202281https://x.com/TrustlessState/status/2062644365533622705https://x.com/RyanSAdams/status/2062669134614466707https://x.com/TrustlessState/status/2062674368195686809https://x.com/RyanSAdams/status/2062745848673427471https://x.com/Tommyb631/status/206261300830445175655:39 Morpho Flips Aavehttps://morpho.org/blog/morpho-association-raises-175m-to-build-the-open-credit-network-for-the-world/https://x.com/0xLouisT/status/206396338000040788158:04 ZEC Vulnerability & Jason Calacanis’ Crypto-to-AI Tweethttps://x.com/Jason/status/2064083020257055193coindesk.com/.../zcash-plummets-30-as-developer-reveals-a-major-bugforum.zcashcommunity.com/.../orchard-counterfeiting-vulnerability1:02:55 Hester Peirce Almost Outhttps://x.com/hesterpeirce/status/2064768651488608612https://www.sec.gov/newsroom/speeches-statements/peirce-remarks-chamber-commerce-capital-markets-summit-0609261:06:03 World Cup Startshttps://polymarket.com/event/world-cup-winner1:07:26 Closing & Disclaimers---Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures