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, E...
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.
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TIMESTAMPS & RESOURCES
0:00 Intro
3:07 Markets
https://x.com/aggrnews/status/2063954465678410121
https://www.coindesk.com/markets/2026/06/01/analysts-agree-strategy-s-bitcoin-sale-was-immaterial-differ-on-future-signals
https://imgur.com/SDyYiQS
https://x.com/WatcherGuru/status/2063964293478101014
https://x.com/zoomerfied/status/2062288919853490553
https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-announces-pricing-of-upsized-series-a-perpetual-preferred-stock-offering-302792359.html
https://thedefiant.io/news/tradfi-and-fintech/bitmine-files-300m-preferred-stock-offering-9-5-yield-eth-treasury
https://www.coindesk.com/business/2026/06/03/tom-lee-s-bitmine-to-offer-preferred-stock-with-9-5-dividend-seeking-to-raise-usd300-million
https://imgur.com/tvIDofV
https://x.com/KobeissiLetter/status/2065049515384582205
https://polymarket.com/event/fed-rate-hike-in-2026
https://fred.stlouisfed.org/graph/
https://www.theguardian.com/business/2026/jun/11/ecb-eurozone-interest-rates-iran-war-inflation
30:11 IPO Season
https://app.lighter.xyz/trade/SPACEX
https://app.lighter.xyz/trade/ANTHROPIC
https://app.lighter.xyz/trade/OPENAI
36:29 Bankless Guys Are Fighting
https://x.com/steweycrypto/status/2062796930326094216
https://x.com/RyanSAdams/status/2062598415482245528
https://x.com/TrustlessState/status/2062599824491372906
https://x.com/RyanSAdams/status/2062612677466202281
https://x.com/TrustlessState/status/2062644365533622705
https://x.com/RyanSAdams/status/2062669134614466707
https://x.com/TrustlessState/status/2062674368195686809
https://x.com/RyanSAdams/status/2062745848673427471
https://x.com/Tommyb631/status/2062613008304451756
55:39 Morpho Flips Aave
https://morpho.org/blog/morpho-association-raises-175m-to-build-the-open-credit-network-for-the-world/
https://x.com/0xLouisT/status/2063963380000407881
58:04 ZEC Vulnerability & Jason Calacanis’ Crypto-to-AI Tweet
https://x.com/Jason/status/2064083020257055193
coindesk.com/.../zcash-plummets-30-as-developer-reveals-a-major-bug
forum.zcashcommunity.com/.../orchard-counterfeiting-vulnerability
1:02:55 Hester Peirce Almost Out
https://x.com/hesterpeirce/status/2064768651488608612
https://www.sec.gov/newsroom/speeches-statements/peirce-remarks-chamber-commerce-capital-markets-summit-060926
1:06:03 World Cup Starts
https://polymarket.com/event/world-cup-winner
1:07:26 Closing & Disclaimers
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