In this episode of Coin Street headlines, we dive into the latest developments in the world of cryptocurrency. After a sharp 20% flash crash, Ether has reclaimed the $4,100 level, but what does this mean for the future? We discuss the implications of the $3.82 billion in leverage-long liquidations and the current funding rate on ETH perpetual futures. Bitcoin is retesting a bullish technical pattern known as the ‘Golden Cross’. We analyze the historical significance of this pattern and what it could mean for bitcoin’s price trajectory, currently hovering around $115,000. As trade tensions between the U.S and China appear to soften, we explore how recent statements from both countries could impact the market and investor sentiment. Crypto.com CEO Kris Marszalek has called for regulators to investigate exchanges following unprecedented liquidations. We discuss the need for a thorough review of trading practices and the role of exchanges during market crashes. Jane King with the latest from the NYSE.
Global Trade Dynamics: Trump, China, and the Shifting Landscape
“The opportunities are for Trump to get his rare earths from elsewhere other than China.” – 01:07
Patrick L. Young, Chairman and Founder of Exchange Invest, to discuss the current global landscape, highlighting ongoing developments in regions such as the Middle East, France, Japan, and the United States.
Remy and Patrick begin by examining the fragile trade truce between the U.S. and China. Patrick notes that while China has tightened checks on chip imports and imposed stricter controls on rare earth minerals, the geopolitical dynamics are shifting. He emphasizes that Trump is re-establishing a new world order, positioning the U.S. to seek rare earths from alternative sources, which could diminish China’s relevance in the global trade battle. Patrick describes the contrasting coalitions forming, with Trump leading a coalition of growth while China faces a coalition of the weak.
The conversation then shifts to France, where Remy discusses President Macron’s recent reappointment of Prime Minister Le Corneau. Patrick critiques Macron’s leadership style, likening it to a definition of insanity, as he navigates the political uncertainties and pressures to deliver a new budget to the National Assembly. Patrick expresses concern over the potential destruction of the Fifth Republic under Macron’s governance.
Next, the focus turns to Japan, where Sanae Takahichi is attempting to become the country’s first female prime minister. However, the recent breakup of the Komeito party from the LDP after 26 years raises questions about the stability of this political alliance. Patrick provides insights into Japan’s factional politics, suggesting that while the country will eventually see its first female prime minister, the path will be fraught with backdoor negotiations and political maneuvering.
Navigating the Crypto Chaos: Insights on Bitcoin’s Wild Swings and Market Liquidations
“This kind of reinforces our view that you stay away from leverage in this still immature asset class.” – 01:49
Matt Siegel, Portfolio Manager of the VanEck On-Chain Economy ETF, joins Remy Blaire to discuss the crypto market, which is grappling with its worst liquidation event in history. Over $19 billion in positions were liquidated following the announcement of additional 100% tariffs on China by former President Trump. The episode begins with a discussion of Bitcoin’s dramatic price fluctuations, as it traded above $121,000 before briefly falling below $105,000, only to reclaim $115,000 by Sunday evening.
Together, they analyze the implications of the liquidation event, with Matt emphasizing the risks associated with leverage in the still-maturing crypto ecosystem. He points out that specific issues with Binance’s matching engine may have contributed to the chaos, reinforcing the idea that investors should avoid leveraged positions in this volatile asset class.
The conversation shifts to the intersection of Bitcoin mining and artificial intelligence (AI). Matt explains how many Bitcoin miners are diversifying their business models by repurposing data centers to meet the growing demand for AI and high-performance computing. This strategic pivot has led to partnerships with major hyperscalers like Amazon Web Services and Microsoft Azure, which in turn lowers their cost of capital and boosts stock prices. Matt notes that approximately 25% of the NODE portfolio is exposed to this promising trend.
As they discuss the NODE ETF, Matt elaborates on its focus on providing diversified exposure to both leading cryptocurrencies and equities that are capitalizing on the adoption of digital assets. He addresses concerns regarding the volatility of the crypto market, asserting that NODE has outperformed Bitcoin while maintaining a more attractive volatility profile due to its diversified approach.
Market Rebound: Analyzing Wall Street’s Response to Tariff Threats
“People are looking for a very quick return on investment and they’re getting it from gold.” – 05:41
Peter Tuchman, Senior Floor Trader at TradeMas, joins Remy Blaire at the New York Stock Exchange to discuss the current state of the stock market, particularly in light of a significant sell-off experienced by the S&P 500 and Nasdaq, which recorded their worst day since April. The downturn is attributed to President Trump’s renewed threats of higher tariffs on China, a topic that has historically caused market volatility.
Peter explains that the mention of tariffs and China has always been a sensitive issue for the markets, often leading to fragility. He recalls a past incident during Trump’s first term when a similar announcement resulted in a dramatic market swing, illustrating the powerful dynamics at play between the U.S. and China.
As the conversation progresses, Remy and Peter shift their focus to the upcoming earnings season, particularly the reports from major banks. Peter emphasizes that these earnings will be crucial in assessing the health of the consumer and the broader economy, especially in the context of ongoing tariff discussions. He notes that strong earnings could indicate resilience in the market, while weak guidance might signal deeper issues.
The segment also touches on the performance of gold and Bitcoin. Remy highlights that gold has reached new record highs, while Bitcoin is attempting to recover from recent losses. Peter discusses the typical relationship between market sell-offs and gold purchases, as well as the potential impact of margin calls and market glitches on cryptocurrency prices.
Thriving Under Siege: Eric Trump Talks His New Book, Family Resilience, and Why Digital Assets Represent Independence
Eric Trump, Executive Vice President of The Trump Organization, joins Vince Molinari to discuss the release of his new book, ‘Under Siege: My Family’s Fight to Save Our Nation.’ Eric shares the unique experiences of the Trump family, particularly the challenges they faced during the past decade, including multiple presidential campaigns, legal battles, and media scrutiny.
Eric shared his motivations for writing the book, emphasizing the relentless attacks on his family and the broader movement they represent. He described how these experiences shaped his perspective on America and the political landscape, highlighting the resilience and determination of the Trump family amidst adversity.
The pair also discussed Eric’s foray into the world of cryptocurrency and blockchain technology, which emerged as a response to being debanked by traditional financial institutions. He elaborated on his new venture, American Bitcoin, and the potential of digital assets to revolutionize finance and provide financial independence globally.
Throughout the conversation, Eric reflected on the personal side of his father, Donald Trump, and the familial bond that has been a source of strength during tumultuous times. He expressed pride in their achievements and a commitment to continue advocating for the values they believe in.
As the segment wrapped up, Eric encouraged listeners to purchase his book and engage in the ongoing dialogue about the future of America and its economy. It was a compelling discussion that underscored the importance of resilience, innovation, and the entrepreneurial spirit in shaping our nation’s future.
Kevin O’Leary on Alts: Crypto, Collectibles and Gold
Kevin O’Leary, Chairman of O’Leary Ventures and popularly known as Mr. Wonderful, joins Remy Blaire to discuss the remarkable week in the financial markets, where gold, Bitcoin, and major U.S. stock averages reached new record highs. Bitcoin notably surpasses the $126,000 mark, prompting speculation about an early kickoff to October’s market activities.
Remy and Kevin delve into the significance of sustainability in Bitcoin mining, highlighting the growing interest from institutional investors in the efficiency of energy sources powering crypto data centers. Kevin explains that the future of cryptocurrency hinges on securing low-cost power contracts in regions like Finland, Norway, and Canada, where energy is generated sustainably. He shares his investment strategy, which includes backing companies like BitZero, known for their efficient energy practices.
“The world is starting to look at places like Finland and Norway and Canada… where power is generated by either nuclear power or hydropower.” – 01:47
As the conversation progresses, Kevin discusses the opportunities he sees in the crypto space, particularly in energy and data centers. He emphasizes that BitZero is not merely a data center company but a strategic power play, securing attractive power contracts before engaging in Bitcoin mining or AI computing. Kevin also reveals his refined investment approach, concentrating on a select few tokens rather than spreading his investments across many. He identifies Bitcoin and Ethereum as key players but introduces Sui, a blockchain solution that addresses speed and security, which he believes will be crucial for enterprise adoption.
The discussion then shifts to gold, which has recently experienced a significant rally, with prices soaring past the $4,000 mark. Kevin shares his perspective on gold as a non-yielding asset in his portfolio, maintaining a 5% weighting. He elaborates on the complexities surrounding gold bullion, particularly the trade disputes affecting its market. Despite these challenges, Kevin remains optimistic about gold’s role as a safe haven amid global volatility.
Remy and Kevin also explore the world of collectibles, particularly rare sports cards. Kevin shares insights from his impressive collection, including a nearly $13 million dual autograph card of Michael Jordan and Kobe Bryant. He discusses his investment strategy in collectibles, emphasizing the importance of unique pieces that have proven market value, drawing parallels to investing in renowned artworks.
As the episode concludes, Remy playfully shares her recent acquisition of an authentic Labubu, suggesting a potential collaboration between their collectibles. Kevin and Remy wrap up with a light-hearted exchange about the future of their respective investments and the exciting possibilities that lie ahead.
Gold, Stocks, and Consumer Confidence: What’s Driving the Market?
“As the dollar weakens, it’s going to act as a tailwind for assets, specifically with gold.” – 01:57
Bret Kenwell, U.S. Investment and Options Analyst at eToro, joins Remy Blaire to discuss the phenomenon of the “everything rally,” where various asset classes, including Bitcoin, gold, and U.S. equities, are reaching record highs. Brett shares his perspective on whether this rally is sustainable or if investors are overlooking potential risks. He suggests that while the market may feel overheated in the short term, the long-term catalysts remain strong, indicating that any pullbacks could present buying opportunities for investors.
The conversation shifts to the concept of the dollar debasement trade, with Brett explaining how a weakening dollar acts as a tailwind for assets like gold. He elaborates on the multiple factors contributing to gold’s impressive rally, including lower interest rates and general economic uncertainty, which have collectively driven gold prices up by nearly 50%—the largest one-year increase in almost 50 years.
As the segment progresses, Remy and Brett discuss the significance of the upcoming earnings season, particularly in light of the ongoing government shutdown and the lack of U.S. economic data. Brett emphasizes the reassuring narratives from major banks and credit card companies regarding consumer spending, which will be crucial for maintaining market momentum. He encourages listeners to pay close attention to management’s outlook on consumer behavior during earnings calls, as this will provide valuable insights into the economic landscape moving forward.
Navigating the Market: Insights on the AI Boom and Economic Trends
“The fact that the trend is loosening monetary policy is more important than whether they’re going to cut one or two times this year.” – 04:01
Eddie Ghabour, CEO & Co-Founder of Key Advisor Wealth Management, joins Remy Blaire to discuss the current state of the U.S. stock market, which is opening positively with the Dow up by about 200 points, alongside gains in the S&P 500 and Nasdaq. The conversation begins with an overview of the ongoing government shutdown, now entering its 10th day, and the implications it may have on the economy. Remy highlights that Wall Street is closely monitoring the situation, particularly how the shutdown could affect corporate earnings and the anticipated AI-driven economic boom.
Eddie draws parallels between the current market conditions and the internet boom of the late 1990s, asserting that the present AI boom is real and will likely continue to drive markets higher. He explains that while bubbles can be concerning when they burst, they can also present significant opportunities for investors while they are on the rise.
The discussion shifts to the recent Fed Minutes and expectations for potential interest rate cuts. Eddie emphasizes that the duration of the government shutdown will significantly influence the number of rate cuts anticipated this year. He suggests that regardless of whether there is one or multiple cuts, the overall trend of loosening monetary policy is what the market is focused on.
As the conversation progresses, Eddie anticipates that any market dips in October or November will be aggressively bought, as many investors are currently positioned defensively. He discusses the dynamics at play, including the strength of the dollar and the current overbought conditions in the market.
Eddie identifies key asset classes and sectors to watch as the market moves into 2026, including small caps, Bitcoin, financials, and technology. He believes these sectors will outperform the S&P 500 and encourages investors to buy on dips.
Market Movers: Record Highs Amid Government Shutdown Uncertainty
“If it stays shut for more than three weeks, it could impact the GDP as much as 1%.” – 01:30
Peter Tuchman, Senior Floor Trader at TradeMas, joins Remy Blaire at the New York Stock Exchange to discuss the remarkable week in the markets as we closed out the first full week of October. The pair noted that several indices, including gold, bitcoin, the S&P 500, Nasdaq, and Russell 2000, reached all-time highs despite the ongoing federal government shutdown, which poses risks to key economic data reports.
Peter highlights that the market has shown resilience, even in the face of potential GDP impacts from the shutdown, with estimates suggesting a possible 1% reduction if it continues for more than three weeks. He pointed out that the market’s performance is driven by new allocations of money, particularly from the major tech companies investing heavily in capital expenditures, especially in AI and data centers.
Approaching the official start of earnings season next week, with major banks like Morgan Stanley and Goldman Sachs reporting, Peter breaks down the importance of watching their guidance and the potential effects of tariffs on various sectors. Peter emphasized the need to monitor upcoming economic data and the implications of the government shutdown, as these factors could serve as catalysts for market movements.
Understanding risk in investing: Lessons from the current market landscape
In this episode of Market Movers, Remy Blaire discusses the current state of the financial markets with Steve Alain Lawrence, the CIO at Balfour Group. They dive into the remarkable performance of precious metals, particularly gold, which has recently surpassed the $4,000 mark for the first time, marking its best performance during a government shutdown in decades. They explore the contrasting views of economists like Ray Dalio and Peter Schiff, who believe gold is undervalued, against concerns from figures like Ken Griffin regarding the U.S. currency’s stability.
Steve emphasizes the unique position of silver and copper in the market, highlighting silver’s essential role in manufacturing, especially with the rise of AI and technology. They also touch on the geopolitical factors affecting the rare earth sector and the interconnectedness of wall street and main street amid the ongoing government shutdown.
Steve shares his insights on the potential for a market correction, suggesting a retracement of 4 to 7 percent, while stressing the importance of a long-term investment strategy. Finally, he advises investors to focus on profitable companies and to understand their own risk tolerance, reminding us that investing is not just about numbers but also about self-awareness and education.