Bitcoin's September Trading Range Just BROKE DOWN

Bitwise Head of Research Ryan Rasmussen joins Scott with Arch Public CEO Tillman Holloway and co-founder Andrew Parish on midterm election day, as Bitcoin breaks below its September trading range after the biggest crypto hack ever and prediction markets price a Democratic sweep of Congress. The panel debates what the midterms could mean for crypto regulation, why Bitcoin ETF flows have stalled into apathy, and what financial advisors are now asking Bitwise about, from tokenization to stablecoins. They also cover the Binance hack and North Korea's denial, where retail should hold Bitcoin and how in-kind transfers into ETFs work, the SEC clearing perpetual futures on individual stocks, why Bitcoin is holding near $77,000 through a brutal tech selloff, Bitwise's $1.6 million 2036 Bitcoin target, and trading volatility with algorithmic tools. In this episode:00:00 Bitcoin breaks its September range on midterm day01:07 What the midterms could mean for crypto04:38 Crypto apathy and stalled Bitcoin ETF flows06:59 What financial advisors are asking Bitwise15:35 Hack update: Binance, North Korea and self-insurance20:05 Where to hold Bitcoin and ETF in-kind transfers26:40 SEC clears perpetual futures on individual stocks32:16 Why Bitcoin is holding up through the tech selloff39:29 Bitwise's $1.6 million Bitcoin 2036 target44:03 Turning market volatility into an edge Ryan Rasmussen on X: https://x.com/RasterlyRockTillman Holloway on X: https://x.com/TEXASOL61Andrew Parish on X: https://x.com/AP_Abacus Watch this episode on YouTube: https://www.youtube.com/watch?v=ge_KUWbT1vA If you enjoyed this episode, follow the show and leave a rating. It helps more than you know. Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.comThe Daily Wolf on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/ Learn more about your ad choices. Visit megaphone.fm/adchoices