ROLLUP: The Bull Market is On? | Zcash & NEAR | Kalshi Wash Trading | BlackRock Goes Onchain
Summary
Bankless discusses the emerging crypto bull market, noting that major cycle investors like Ben Cowan and Michael Saylor have shifted to bullish stances after Bitcoin reclaimed key moving averages. The episode analyzes why revenue-generating assets like Zcash and Near are outperforming blue chips, challenging the traditional "Bitcoin first" narrative. Additionally, the hosts examine rising US Treasury yields through the lens of a Howard Marks memo, debate the impact of high bond yields on crypto, and detail allegations of massive wash trading on the Kalshi prediction market.
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