Afleveringen
-
In this episode, Nik breaks down the current macro landscape through the lens of Bitcoin, interest rates, and market liquidity. He shares new insights from TBL’s proprietary liquidity index, revealing how quarterly cycles in the Treasury market are shaping Bitcoin’s price behavior. Nik also unpacks key valuation metrics like the Mayer Multiple and MVRV, and explains why Bitcoin’s current range suggests a stable foundation. The update covers bond volatility, yield curve dynamics, Fed expectations, gold, oil, and the dollar—placing it all within the broader context of a global monetary reset.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 899,704
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Bitcoin Price and Global Macro Overview
00:02:58 Treasury Market's Impact on Stocks and Bitcoin
00:05:44 Revaluing the Economy in Bitcoin
00:08:24 Analyzing Bitcoin Valuation with Mayor Multiple
00:11:33 Understanding Bitcoin's Cost Basis and MVRV
00:14:30 Geopolitical Tensions and Economic Growth Analysis
00:17:21 Understanding the Steepening Yield Curve and Economic Signals
00:20:27 Yield Curve Insights: Signal Loss and Economic Indicators
00:23:10 Understanding Bretton Woods 3 and the Monetary Reset
00:26:08 Anticipated U.S. Regulation on Currency Manipulation
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik recaps Bitcoin 2025 in Las Vegas—where the energy wasn’t about price hype, but real-world adoption, corporate treasury interest, and global legitimacy. He shares conversations with readers, the emergence of institutional presence, and what the crowd revealed about Bitcoin’s next phase. Nik closes with a quick technical breakdown of the recent weekly candle and what it may signal for Bitcoin’s near-term price action.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 899108
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Understanding Financial Warfare and the Eurodollar System
00:05:56 The Rise of Eurodollars and Libor System
00:11:21 Financial Warfare and Economic Jockeying
00:17:03 Understanding Treasury Leadership in Abnormal Markets
00:23:19 Economic Impact of Consumer Spending and Market Fluctuations
00:28:42 Bitcoin's Role in the Modern Financial System
00:35:18 Inflationary Assets in Financial Markets
00:40:38 Global Gold Buying Trends: Trump, Putin, and China's Moves
00:46:26 Rebuilding Financial Systems with Gold and Bitcoin
The Bitcoin Layer and its guests do not provide investment advice.
-
Zijn er afleveringen die ontbreken?
-
In this episode, Nik is joined by Kane McGukin, a traditional wealth manager and longtime Bitcoin writer. They break down the global financial war unfolding through treasuries, stablecoins, and Bitcoin. From the collapse of Eurodollar dominance to the rise of SOFR and secured collateral systems, the U.S. is reshaping liquidity—and weaponizing financial plumbing to defend its position. Kane explains how Bitcoin fits into this new system as a reserve asset, how stablecoins function as Eurodollar 2.0, and why treasuries and gold are being repositioned for strategic leverage. The rules of global money are changing—and this conversation maps the battlefield.
Follow Kane: https://x.com/kanemcgukin?lang=en
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 898062
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Understanding Financial Warfare and the Eurodollar System
00:05:56 The Rise of Eurodollars and Libor System
00:11:21 Financial Warfare and Economic Jockeying
00:17:03 Understanding Treasury Leadership in Abnormal Markets
00:23:19 Economic Impact of Consumer Spending and Market Fluctuations
00:28:42 Bitcoin's Role in the Modern Financial System
00:35:18 Inflationary Assets in Financial Markets
00:40:38 Global Gold Buying Trends: Trump, Putin, and China's Moves
00:46:26 Rebuilding Financial Systems with Gold and Bitcoin
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik breaks down Bitcoin’s explosive move past $110,000 through the lens of candlestick analysis. From foundational concepts to advanced signals, this full lesson in candle behavior uses Bitcoin’s current bull market as a live case study. Nik covers higher lows, resistance breakouts, the Three White Soldiers pattern, and the critical role of weekly shadows in revealing market conviction. The chart comes first, the narrative follows—and the candles have been signaling strength for months. With seven straight green candles and momentum building, price is leading—and the bull market is unfolding candle by candle.
Bybit link: https://learn.bybit.com/en/candlestick/best-candlestick-patterns/
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 897765
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik breaks down the quiet force powering Bitcoin’s 2025 bull market: calm in the Treasury market. As bond volatility unwinds, risk assets are thriving. Nik explains how Bitcoin, as a liquidity asset, is tied to Treasury stability through credit creation, term premiums, and the pace of government debt relative to GDP. He covers Bitcoin’s institutional FOMO, the mechanics of the yield curve, and the rising pressure across global markets—highlighted by a growing gold story out of Europe.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 897468
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik answers Demian’s questions about what’s driving Bitcoin’s price in 2025, as ETFs, options, and structured products reshape the bull market. With new pipes built for institutional capital to flow into Bitcoin, financialization is transforming how price behaves—suppressing volatility, changing breakout dynamics, and introducing both long and short positioning at scale. Nik breaks down what this means for on-chain signals, how MVRV still reveals conviction, and why Bitcoin may no longer follow the boom-and-bust cycles of the past.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 896896
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 The Evolution of Bitcoin Financialization
00:05:30 The Emergence of Liquidity in Bitcoin Markets
00:10:42 The Passive Ownership of Bitcoin in the S&P 500
00:15:56 Understanding MVRV in Bitcoin Valuation
00:21:04 Understanding Bitcoin Market Dynamics and Resistance Zones
00:26:12 Analyzing Market Sentiment Through Candlestick Patterns
00:31:27 Unveiling Bitcoin's Origins and Future Potential
00:36:42 Understanding Bitcoin Price Narratives
00:41:54 Bitcoin's All-Time High and Momentum Trading Strategy
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik Bhatia sits down with James Check (Checkmate) to break down the latest shifts in Bitcoin market structure, sentiment, and investor behavior. They explore how the macro landscape and price action are shaping this phase of the bull market, with an emphasis on derivatives, MVRV, and the psychology of unrealized losses. The conversation highlights the transition from mining-driven cycles to behavior-driven dynamics and how corporate treasury strategies are now influencing Bitcoin’s long-term trajectory. Nik and James discuss what recent price ranges reveal about investor confidence and why patience remains key in navigating evolving market conditions.
Follow Checkmate's work: https://www.checkonchain.com/
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 896486
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Understanding Bitcoin's Role in Global Market Shifts
00:05:30 Bitcoin Market Trends and Price Analysis
00:10:17 Resilience of Bitcoin Holders
00:15:35 Bitcoin Market Cycles and Metrics Explained
00:21:24 Understanding ETF Market Dynamics
00:25:28 Understanding Bitcoin's Market Dynamics
00:30:30 Market Dynamics and Investor Behavior
00:35:46 Covered Call Strategies in the Crypto Market
00:40:31 Understanding Bitcoin Capital Flows and Market Dynamics
00:45:22 Understanding Heat Dynamics
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik Bhatia and TBL Research Associate Demian Schatt unpack how the Federal Reserve actually influences the financial system—and who it serves. They discuss what happens mechanically when the Fed changes rates, why bond market expectations matter more than policy statements, and how the entire credit system is structured to resist deflation. Nik shares insights on the origins of the 2% inflation target, the fragility of the banking system, and how Bitcoin fits into a world built on rolling debt and central bank intervention. The conversation also touches on Larry Lepard’s The Big Print and the growing call for sound money in an era of frequent financial crises.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 895999
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:05:10 Preventing Market Panic and Unemployment
00:10:24 The Debate on Sound Money vs. Credit System
00:15:40 The Inflation Target Dilemma
00:20:52 Understanding the Impact of Stock Prices on Financial Power
00:26:42 The Fed's Dual Stakeholders: Banks versus People
00:31:35 Bitcoin's Impact on the Credit System
00:37:01 Understanding Credit Creation and Treasury Bills
00:42:23 The Federal Reserve's Balance Sheet Dilemma
00:47:33 Understanding Bitcoin as a New Asset Class
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik is joined by Bitcoin researcher Daniel Batten to unpack the latest Cambridge report on Bitcoin mining and energy. They reveal how years of misinformation—driven by central banks and amplified by the media—have distorted public perception of Bitcoin’s environmental impact. Drawing on new data, Daniel explains how miners are increasingly using off-grid and stranded energy, stabilizing power grids and accelerating renewable adoption. From landfill methane in Latin America to hydropower in Ethiopia, this conversation highlights Bitcoin’s growing role in global energy innovation.
Link to article: https://www.jbs.cam.ac.uk/wp-content/uploads/2025/04/2025-04-cambridge-digital-mining-industry-report.pdf
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 895700
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Misinformation and Bitcoin Adoption
00:04:10 The Decline of Bitcoin Crime Narratives
00:08:24 Harnessing Stranded Energy with Bitcoin Mining
00:12:09 Using Bitcoin Mining for Energy Stabilization
00:16:00 Bitcoin's Environmental Impact: Over estimations and Emission Reductions
00:20:13 Impact of Ethiopia's Dam and Bitcoin Mining on Energy Distribution
00:23:52 Expanding Renewable Energy with Revenue from Grid Operators
00:27:43 Debunking Bitcoin E-Waste Myths
00:32:03 Bitcoin Mining Efficiency and Moore's Law
00:36:15 Closing Remarks
The Bitcoin Layer and its guests do not provide investment advice.
-
In this video, Nik Bhatia explores the Eurodollar system through an unexpected lens—a conversation with Grok. Drawing from his own research in Layered Money and Bitcoin Age, Nik traces the origins of offshore dollar finance, explains how Regulation Q and Cold War politics fueled the rise of the Eurodollar market, and examines China’s role in expanding this shadow system through the Belt and Road Initiative. As global capital flows collide with U.S. trade policy and economic reordering, this episode uncovers how the Eurodollar system fits into the broader financial war unfolding today.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 895452
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Understanding the Euro Dollar System
00:03:41 Understanding the Eurodollar System: A Historical Overview
00:07:15 Understanding the Eurodollar System
00:11:09 The Impact of Regulation Q on U.S. Banking and the Eurodollar System
00:14:57 The Rise of Eurodollar Banking
00:18:58 Exploring the Eurodollar System
00:22:25 Understanding Euro Dollars and China's Role in Global Trade
00:25:45 The Role of Euro Dollars in China's Belt and Road Initiative
00:29:03 The Role of Hong Kong in the Eurodollar Market
00:32:18 Bitcoin's Role in the Reordering of Global Trade
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik Bhatia sits down with TBL Research Associate Demian Schott to break down Bitcoin’s strong price action despite signs of macroeconomic slowdown. They explore how falling bond volatility, shifting interest rate expectations, and the Fed’s potential rate cuts are boosting risk assets through the TBL Liquidity lens. Nik explains how market certainty affects dealer activity, why lower yields matter for Bitcoin and stocks, and what the two-year Treasury yield is signaling about future Fed policy. The conversation also touches on global trade, Eurodollar flows, and the political dynamics influencing inflation and long-term interest rates.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 894944
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Bitcoin Performance Amidst Economic Slowdown
00:05:37 Understanding Interest Rate Risk and Duration
00:11:06 Understanding Bond Volatility and Bitcoin Performance
00:16:38 Impact of Bond Market Movements on Stocks
00:22:10 Impact of Treasury Market on U.S. Economic Policy
00:27:35 Economic Slowdown and Rate Cuts Ahead
00:32:37 Strategies for Stabilizing Long-Term Inflation
00:38:39 Historical Context of Trump's Political Influence
00:44:34 Observing Economic Predictions: Inflation and Stock Market Impacts
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik Bhatia and Matt Dines unpack the evolving dynamics of global finance, focusing on gold’s renewed monetary role, the effects of China’s gold market activity, and the broader trend of de-dollarization. They explore how tariffs and shifting trade flows are reshaping global dollar circulation, and examine the interplay between gold, bitcoin, and dollar strength. The conversation also covers the Eurodollar system, Ukraine war financing, and how changes in labor and capital are shaping the current macro landscape.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 894654
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 The Role of Gold in the Global Market
00:07:31 Analyzing the Gold Market Dynamics
00:14:27 The Role of Shanghai Futures Exchange in Gold Trading
00:22:10 Global Monetary Dynamics: Gold, Bitcoin, and the Dollar
00:29:22 Impact of Tariffs 2.0 on US Economy
00:36:31 Global Currency Strength: USD vs. Non-G7 Currencies
00:43:12 Offshore Financing of Ukrainian Sovereign Debt
00:50:26 Speculation on National Financing and Interest Rates
00:57:14 Origins of the Bank of England and its Role in War Funding
The Bitcoin Layer and its guests do not provide investment advice.
-
In this video, Nik dives into America’s new financial war on offshore dollar power. He outlines how the Trump administration’s tariffs are just the opening move in a broader strategy to dismantle the Eurodollar system, drain shadow banking liquidity, and force a return to Treasury-backed money. Nik charts the end of 30 years of globalization, the reshaping of global trade, and the early signs of a new monetary world order taking shape right now.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 894387
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Analyzing the Global Trade Tensions and Tariffs
00:02:38 Global Tariffs and Political Motivations
00:05:10 US Tariff Strategy and Economic Perspectives
00:07:47 Titanium Seed Plates: Rustproof and Customizable
00:10:28 The Debate on Tariffs and Global Trade
00:12:55 Unorthodox Economic Policies and Their Impact
00:15:26 Global Sovereign Debt and Interest Rates
00:18:03 Understanding the Eurodollar System Interaction
00:20:49 Transition from Unsecured to Secured Money: Implications for Euro and USD Markets
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik is joined by Tanvi Ratna, founder of Policy 4.0, to break down the Trump administration’s sweeping new strategy: a global trade, currency, and security reordering. Tanvi brings her unique expertise across geopolitics, supply chains, finance, and emerging tech to explain how the U.S. is shifting from a consumer-driven economy to an industrial powerhouse—while reimagining alliances, shipping lanes, and even the future of the dollar system. They discuss the multipolar world taking shape, the BRICS challenge, de-dollarization, and the rising roles of gold and Bitcoin in a new monetary era.
Links discussed in episode:
- Follow Tanvi Ratna on X: https://x.com/tanvi_ratna
- Link to Bessent speech: https://www.youtube.com/watch?v=SRCsjVlA0VA&t=1s
- Hudson bay paper from Miran: https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf
- Steve Miran speech: https://www.whitehouse.gov/briefings-statements/2025/04/cea-chairman-steve-miran-hudson-institute-event-remarks/
- Steve Miran episode: https://www.youtube.com/watch?v=h8znYA7ATlk
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 893849
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
The Bitcoin Layer and its guests do not provide investment advice.
-
In this Global Macro Update, Nik walks through a massive chart pack to help decode today’s volatile macro landscape. Gold is leading the way, outpacing Bitcoin over the past 12 months and signaling a global monetary reset in motion. Nik connects the dots between soaring gold prices, weakening demand for U.S. Treasuries, and a shift away from dollar recycling as trade relationships are restructured. He analyzes Bitcoin’s technical setup, MVRV valuation, and ETF inflows, and explores how rising bond volatility and term premia are draining liquidity. Plus, new insights on the U.S. energy boom, unemployment pressures, and why the Fed may cut rates even as inflation stays tame.
Link to Bessent speech: https://www.youtube.com/watch?v=SRCsjVlA0VA&t=1s
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 893849
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Bitcoin and Gold Performance: A 12-Month Overview
00:03:01 Understanding Gold Price Movements in a Global Economy
00:05:42 The Importance of Bitcoin's Decentralization
00:08:30 Understanding Bitcoin's Realized Price and Investor Behavior
00:11:14 Bitcoin Price Drivers and Realized Price
00:13:49 Evolution of Bitcoin Volatility
00:16:36 The Impact of Bitcoin Bounce and Market Liquidity Trends
00:19:11 Understanding M2 and Asset Base Relationship
00:22:01 Changing Dynamics in US Treasury Holdings
00:24:52 Impact of US Government Spending Cuts on the Economy
00:27:42 Impact of Tariffs on Economic Growth and Inflation
00:30:18 Inflation Trends and Market Responses
00:33:12 Fed's Rate Cut Strategy and Economic Indicators
00:35:56 Impact of US Manufacturing Decline
00:38:32 Path to U.S. Fiscal Sustainability
00:41:13 Bitcoin's Growing Share in Global Equities
00:44:04 Conclusion and Farewell
The Bitcoin Layer and its guests do not provide investment advice.
-
In this Global Macro Update, Nik highlights bitcoin’s breakout above a key descending trendline and a textbook bullish divergence on the RSI—two technical signals suggesting the recent downtrend may be losing steam. But the bigger story is gold, which is exploding higher in what looks like the early stages of a full-scale monetary reset. With the dollar breaking multi-year support and massive gold inflows hitting the U.S., Nik explores the possibility of a global repricing, driven by collapsing commercial shorts and currency pressure abroad. He connects the dots between price action, trade war policy, capital charge relief, and the escalating financial war reshaping global asset markets.
Link to Tom Luongo Caitlin Long episode: https://tomluongo.me/2025/04/19/podcast-episode-213-caitlin-long-and-the-financial-crisis-that-wasnt/
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 893426
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Analyzing Bitcoin's Bullish Divergence
00:03:37 Bitcoin's Path to New Highs
00:07:09 Gold Market Analysis and Breakout Predictions
00:10:43 Gold Revaluation and the Global Monetary Reset
00:14:17 The Impact of a Weakening Dollar on Gold Prices
00:19:00 The Impact of Gold Delivery on Commercial Shorts
00:21:32 The Reality Behind a Strong Dollar Policy
00:24:46 Presidential Economic Mandate and Currency Manipulation
00:28:08 Origins and Impact of the Euro Dollar System
00:31:39 Understanding the Concept of Time
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik Bhatia is joined by Demian Schatt to examine why the US Treasury market is fundamentally strengthening despite recent volatility. Nik explains key concepts including SLR reform, Treasury buybacks of off-the-run securities, and current repo market dynamics that are supporting market stability. The conversation also explores how deregulation and fiscal discipline will be crucial for long-term Treasury strength and economic growth.
Matt Pines Episode: https://www.youtube.com/watch?v=eTotxDkCvyY
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 892754
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Market Insights with Nik Bhatia
00:05:57 Current Issues in the Treasury Market
00:11:34 Understanding the Role of Treasuries in Banking Liquidity
00:17:08 Understanding Treasury Securities: On-the-Run vs. Off-the-Run
00:23:13 Understanding Bond Liquidity in the Repo Market
00:28:30 Understanding Budget Neutrality and Debt Neutrality
00:33:44 Understanding Repo Markets and Interest Rates
00:38:58 Budget Deficit Reduction Goals
00:44:42 Impact of Oil Prices on the Economy
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik is joined by Matt Pines, executive director of the Bitcoin Policy Institute, to unpack what could be the biggest shift in U.S. geoeconomic strategy in decades. Together, they explore the vision behind a potential “Bretton Woods 2.0”—a new system emerging from reciprocal tariffs, capital wars, and a shrinking global dollar zone. They dive deep into how the U.S. is building a trade and monetary alliance to isolate China, restructure global capital flows, and re-anchor demand for U.S. Treasuries. With gold, stablecoins, and possibly bitcoin playing growing roles in global settlements, this conversation lays out what a new financial order might look like—and where U.S. policy could be heading next.
Links to articles:
- https://www.whitehouse.gov/briefings-statements/2025/04/cea-chairman-steve-miran-hudson-institute-event-remarks/
- https://www.btcpolicy.org/articles/a-global-economic-reordering-us-china-competition-and-bitcoin-as-tool-of-us-statecraft
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 892613
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Understanding the Breton Woods Reimagined
00:06:20 Global Economic and Security Challenges
00:12:21 Understanding the Dual Public Good: Defense and Reserve Currency
00:19:19 Challenges in Global Defense Manufacturing
00:25:46 Transition from LIBOR to SOFR: Understanding the Global Benchmark
00:31:02 Understanding Government Dollar Policies
00:37:03 International Negotiations: Gold, Bitcoin, and Stablecoins in Currency Talks
00:42:53 China's Strategic Devaluation of Yuan and Gold's Role
00:48:39 Strategies to Isolate China: Global Economic Alliances
00:54:40 Matt Pines and Bitcoin Policy Insights
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik Bhatia is joined by Demian Schatt to break down one of the most volatile 48-hour stretches in recent bond market history. As Treasury yields spiked 60 basis points and the MOVE Index surged, Nik unpacks the hidden mechanics behind the dislocation—explaining how a highly leveraged basis trade began to unwind, triggering forced selling and market-wide panic. He walks through the role of China’s currency devaluation, the impact of new 125% tariffs, and how synthetic credit in the swaps market amplified the chaos. With bond volatility ripping, Nik explores what it means for the Fed’s reaction function, financial stability, and bitcoin’s surprising strength. Holding steady at $80,000 through it all, bitcoin is beginning to look like the safe haven asset markets weren’t expecting.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 891,705
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
The Bitcoin Layer and its guests do not provide investment advice.
-
In this episode, Nik is joined by PhD economist Peter St. Onge for a masterclass on the strategic use of tariffs in Trump’s economic agenda. Peter explains how tariffs serve as strategic tools, not protectionist measures, to reshape global trade, revive U.S. manufacturing, and drive domestic deregulation. He breaks down America’s asymmetric trade relationships with Europe, China, and Mexico, and outlines why Trump’s approach is grounded in realpolitik. Peter also explores the Fed’s role in enabling crisis-driven spending and how Bitcoin offers a way out of fiat dysfunction. Closing with the global stakes of shifting trade policy, he reveals how tariffs fit into a broader strategy to restore U.S. economic power.
📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H
📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
▶️ Subscribe and turn on notifications for TBL on YouTube.
📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe
🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.
📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer
📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial
🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
⛓️ ₿lock Height 891545
⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected]
Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
The Bitcoin Layer and its guests do not provide investment advice.
- Laat meer zien
