The Milk Road Show

In this episode of the Milk Road Show, Coinbase's Head of Institutional Research David Duong breaks down the hidden "backdoor stimulus" that could inject $140 billion into the market, and why the stalling of the Clarity Act might not matter as much as investors fear. ~~~~~ 🌍 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Stablecoins just got an upgrade, Bridge makes them instant, global, and dead simple for bu...

In this episode of the Milk Road Show, we’re joined by Michael Nadeau, founder of The DeFi Report, to break down what’s really happening beneath the surface of this Bitcoin move. We cover liquidity cycles, ETF flows, market structure, real interest rates, and why this rally may not be as strong as it looks. ~~~~~ ⁠⁠⁠🤖 AI isn’t a trend. It’s a supercycle. Get 20% off AI PRO this week only.⁠⁠⁠ ~~~~...

In this episode of The Milk Road Show, we sit down with Christopher Keshian, founder of Triton Liquid Fund, to unpack a contrarian and data-driven thesis: Ethereum can become the backbone of global on-chain finance without delivering strong returns to ETH holders. ~~~~~ ⁠⁠🤖 AI isn’t a trend. It’s a supercycle. Get 20% off AI PRO this week only.⁠⁠ ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock the brid...

A new draft of the Clarity Act dropped, Polymarket odds whipsawed, and headlines screamed that stablecoin yield was dead. But that’s not what actually happened. In this episode, LG Doucet sits down with Matt Hougan, CIO of Bitwise, to break down what changed, what didn’t, and why markets may be completely misreading this moment. ~~~~~ ⁠🤖 AI isn’t a trend. It’s a supercycle. Get 20% off AI PRO thi...

In this episode of the Milk Road Show, Christopher Kuiper joins us to explain why sideways price action doesn’t mean nothing is happening… it often means everything is happening. From long-term holders rotating out, to institutions embedding Bitcoin into the financial system, to why this “boring” phase may be the setup for the next regime shift, this conversation reframes how to think about crypto...

In this episode of The Milk Road Show, we’re joined by Eliezer Ndinga, Global Head of Research at 21Shares, to break down a hard truth most crypto investors don’t want to hear: the Layer 2 boom is about to turn into a brutal selection process. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock the bridge between Wall Street and Web3, see how Chainlink makes tokenization actually work.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

In this episode of The Milk Road Show, Joshua Frank, CEO of The Tie, breaks down how institutions actually evaluate crypto when headlines, hype, and retail narratives stop working. We dig into why most altcoins are struggling to attract real buyers, why ETFs don’t mean what people think they mean, and why banks are quietly building on Canton Network instead of chasing public blockchains. ~~~~~ 🌐...

In this episode of The Milk Road Show, we sit down with Jason Badeaux, CEO of Daylight, to unpack how energy has quietly become one of the biggest bottlenecks for AI, data centers, EVs, and economic growth, and why DeFi might be the fastest way to fix it. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock the bridge between Wall Street and Web3, see how Chainlink makes tokenization actually work.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

In this episode, we sit down with Zac Prince, former BlockFi CEO and now Head of Galaxy One, to unpack what’s actually happening behind the scenes in crypto, and why 2026 may look nothing like past cycles. We talk about why Bitcoin underperformed in 2025 despite perfect macro conditions, why ETFs and stablecoins matter more than most investors realize, and how institutions are quietly building the...

In this episode of The Milk Road Show, we stop obsessing over price action and focus on what actually matters: the infrastructure behind crypto. This conversation digs into the behind-the-scenes systems that move capital, settle transactions, and bridge crypto with the real economy. Our guest, Michael Tanenbaum, CEO of Figure Markets, breaks down how on-chain rails for mortgages, private credit, s...

In this episode of The Milk Road Show, we sit down with Delphi Digital to break down what actually matters heading into 2026, and it’s not the loudest story on your timeline. It’s infrastructure: the rails, systems, and distribution layers being built while everyone else argues about price. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock the bridge between Wall Street and Web3, see how Chainlink makes tokenizat...

In this episode of The Milk Road Show, we go straight to the source of institutional thinking. David Duong, Head of Institutional Research at Coinbase, breaks down Coinbase’s 2026 Crypto Market Outlook, a deep, data-driven report that explains how real capital (not Twitter narratives) is positioning for what comes next. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock the bridge between Wall Street and Web3, see...

In this episode of The Milk Road Show, onchain analyst Julio Moreno delivers an uncomfortable but data-driven take: we may already be in a bear market, and the catalysts people are counting on for 2026 aren’t as obvious, or as powerful as they think. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock the bridge between Wall Street and Web3, see how Chainlink makes tokenization actually work.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📊 ⁠⁠⁠⁠⁠...

In this episode of the Milk Road Show, Bitwise CIO Matt Hougan and Head of Research Ryan Rasmussen lay out their Top 10 predictions for 2026, and the message is clear: crypto is leaving its speculative adolescence and entering institutional adulthood. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock the bridge between Wall Street and Web3, see how Chainlink makes tokenization actually work.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📊 ⁠⁠⁠⁠...

In this episode of the Milk Road Show, Kyle Reidhead breaks down why crypto is no longer one big market, why most altcoins were left behind, and why 2026 won’t look anything like past cycles. Institutions did show up… just not where most people expected. Retail disappeared. AI stole attention and capital. And a handful of crypto use cases quietly kept winning under the hood. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

In this episode, we go deep into Delphi’s 2026 Market Report to unpack the one liquidity chart most investors are ignoring, and why it could determine whether crypto breaks down… or breaks out over the next 12–24 months. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock the bridge between Wall Street and Web3, see how Chainlink makes tokenization actually work.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📊 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Discover crypto’s onchain...

In this episode of the Milk Road Show, we go past the price charts and hype cycles to look at the real mechanics of how crypto becomes part of global finance, and why it’s been slower, messier, and more complicated than most investors expected. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock the bridge between Wall Street and Web3, see how Chainlink makes tokenization actually work.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📊 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Disc...

In this episode of the Milk Road Show, onchain analyst Matt Crosby breaks down why Bitcoin’s price action in 2025 confused almost everyone, and why that confusion is the point. ETFs, long-term holder selling, institutional demand, and shifting macro forces have quietly rewired how Bitcoin moves, flattening volatility while changing what bull and bear markets even look like. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Un...

In this episode of the Milk Road Show, the team breaks down what actually went wrong in 2025, and why that disappointment may have created the most bullish setup heading into 2026. This isn’t price hype or cope. It’s a macro-driven look at liquidity, market structure, Ethereum’s evolving role, investor psychology, and why fundamentals kept improving while prices stalled. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock...

After months of chop, weak price action, and altcoin pain, most investors are asking the same question: why does crypto still feel broken when macro conditions are improving? In this episode, we go behind the scenes with Craig Birchall, Head of Lending & Financing for the Americas at FalconX, to unpack what actually happened under the hood of this market. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Unlock the bridge b...

In this episode, LG sits down with John Gillen for a raw, conviction-testing conversation about why this moment feels unbearable, and why that’s exactly what makes it important. They unpack the growing disconnect between price action and fundamentals, why the four-year cycle narrative is misleading, and how Wall Street’s sudden “innovation spree” is less confidence and more panic. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠...

Coinbase is positioning itself as the “everything exchange,” giving institutions one platform to trade across crypto, derivatives, and more with maximum capital efficiency. John D'Agostino, Head of Strategy at Coinbase Institutional breaks down how institutions actually think about drawdowns, why liquidity pulled back as market makers reduced risk, and why Solana and Base are emerging as real...

In this episode of the Milk Road show, Santi Santos breaks down why much of crypto may be fundamentally mispriced, why Layer 1 valuations are under serious pressure heading into 2026, and why the next wave of upside likely won’t come from where most investors are still looking. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠⁠Unlock the bridge between Wall Street and Web3, see how Chainlink makes tokenization actually work.⁠⁠⁠⁠⁠⁠...

In this episode of the Milk Road Show, we’re joined by Julio Moreno, Head of Research at CryptoQuant, to break down what the onchain data actually says about Bitcoin’s current market regime. Forget vibes, narratives, and hopium, this is a data-driven look at demand, ETFs, whales, leverage, and key technical levels that historically separate bull markets from bear markets. ~~~~~ 🌐 ⁠⁠⁠⁠⁠⁠Unlock the...

Bitcoin has never had better headlines. Institutional adoption. Government-level discussions. Tokenization of global markets. Stablecoins are eating traditional finance alive. And yet… price is stuck. In this episode of the Milk Road Show, Scott Melker breaks down why this market feels so frustrating, confusing, and exhausting, and why that might actually be the most dangerous phase for crypto inv...