Navigating Chaos as a Crypto Trader - Hal Press, North Rock Digital, Ep. 233

These few weeks have been turbulent for the markets to say the least, with 3 of the largest banks that support crypto winding down, USDC stablecoin de-pegging and more developments happening in real time.   Is this the end for crypto, or are we on the cusp of another bull-run?   Today we have Hal Press, founder of North Rock Digital who is known on Twitter for his timely and accurate calls, such as  the ETH Merge trade and more recently, his thesis on why USDC will return to peg. In this episode, he shares with us: Thoughts & how to navigate the recent market situation Outlook for BTC vs ETH Thesis on Stacks How to identity and assess narratives like a pro   Host: Jason Choi @mrjasonchoi . Not financial advice.     Timestamps: (00:00:00) – Introduction to the US banking situation (00:09:13) – Is Bitcoin a credible Store-of-Value? (00:15:59) – Balaji’s prophecy of $1M BTC in 90 days (00:20:25) – Thoughts on BTFP (00:23:49) – Will Bitcoin de-correlate from equities? (00:27:05) – Outlook for BTC vs ETH (00:31:17) – Impacts of upcoming BTC Halving (00:33:38) – Thesis on Stacks (00:44:19) – Tips on identifying narratives early Sponsor message: Filecoin is enabling open services for data, built on top of IPFS.   Today, Filecoin focuses primarily on storage as an open service, but looks to build the infrastructure to store, distribute and transform data.   Join the Space Warp program (Live until March 2023) to be among the first to build on the Filecoin Virtual Machine (FVM) https://spacewarp.fvm.dev/     More Resources: Guest Hal Press’ Twitter: https://twitter.com/NorthRockLP North Rock Digital’s Website: https://northrockdigital.com/   Blockcrunch Blockcrunch VIP: https://blockcrunch.substack.com/ Blockcrunch Twitter: https://twitter.com/theBlockcrunch Jason Choi’s Twitter: https://twitter.com/mrjasonchoi     Disclaimer: The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.   Full disclaimer: https://blockcrunch.substack.com/about