Crypto
Could This Bearish Market Be the Setup Everyone Misses?
•December 5, 2025
Original Description
đź“ŁREYA | ETHEREUM FOR TRADERS
------
Bitcoin hit a rare signal this week, dropping to its cheapest level relative to gold in nearly 15 years. Is that a buy signal or something deeper in the macro picture? Ryan and David break down what the BTC–gold anomaly really means, how liquidity, rates, and Trump’s surprise Fed Chair pick factor in, and whether the market is entering a shallow cycle instead of a true winter.
We also cover Ethereum’s Fusaka upgrade, Vitalik’s push to bring builders back to L1, Polymarket’s mainstream breakout and CNN–Kalshi deal, and Aztec’s 16K ETH privacy auction. Plus, the SEC’s coming innovation exemption and the growing alliance between Larry Fink and Brian Armstrong.
------
BANKLESS SPONSOR TOOLS:
🔵COINBASE | ETH & BTC BACKED LOANS
🪙FRAXNET | MINT, REDEEM, EARN
🦄UNISWAP | SWAP ON UNICHAIN
🛞MANTLE | GLOBAL HACKATHON 2025
đź’¤EIGHT SLEEP | IMPROVE YOUR SLEEP
------
TIMESTAMPS & RESOURCES
0:00 Intro
4:09 Spotify Wrapped
7:17 Markets
30:20 Polymarket Live in the U.S. on 60 mins & Kalshi CNN
40:27 Ethereum Fusaka is live!
50:05 Tether Fud
53:21 The AZTEC token sale just crossed 15.9k ETH committed
55:28 SEC announced Innovation Exemption
56:22 Uniswap & Revolut
56:45 Bullish UK Crypto?
55:25 Meme of the Week
58:58 Closing & Disclaimers
------
Not financial or tax advice. See our investment disclosures here:
Comments
Want to join the conversation?
Loading comments...