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This week, Bloomberg’s James Seyffart, Lumida’s Ram Ahluwalia, and guest Tom Dunleavy explore whether the “Fed pivot” is officially dead, how AI will impact the job market, and what Tether’s move to El Salvador means for U.S. stablecoin policy.
They also debate whether bitcoin could ever be a risk-off asset, how sovereign nations might already be accumulating BTC, and what the Coinbase legal win against the SEC signals for the future.
Plus, why volatility is still king in crypto and what lies ahead for the global markets.

The Chopping Block: USDH Bake-off—Native Markets, Validators & the “Beauty Contest” Debate

Why the War Over the USDH Ticker on Hyperliquid Is Bullish for Crypto

How Pump.fun Plans to Beat Social Media Giants and Win Beyond Crypto

Bits + Bips: Hyperliquid’s USDH Bidding War & Why the DAT Model Is Broken