0xResearch Livestream | Friday, June 6th

Bullish:

• $BTC - Strong bullish sentiment on Bitcoin as a hedge against inflation and fiscal policy, aligning with a broader macro view favoring assets that can benefit from or hedge against high government spending and inflation.

  • “Still very excited about Bitcoin, still very excited about gold, still very excited about US equities, bearish anything that is a fixed rate asset like treasury bonds.”

    Felix·2:54
• $KRAKEN - Positive outlook on Kraken due to their team's alignment with crypto ethos and flexibility compared to competitors like Coinbase.

  • “I've heard that the Kraken team is, like, more crypto OG than the Coinbase team. They're, like, more aligned with the ethos. They they're also acting more flexible today.”

    Ryan·2:21:23
• $MEME - Bullish outlook on meme coins due to their large trading volume and potential for a larger total addressable market compared to traditional gambling.

  • “I think that there's a solid chance that the TAM for meme coin gambling is larger. On an annual basis, it already does more volume than traditional gambling in the aggregate.”

    Ryan·1:58:39
• $LAYERONE - Bullish sentiment on newer blockchain platforms, expecting them to outperform established chains as users seek new opportunities.

  • “So it's kind of a general thesis, and they'll so, like, I'm looking at specific data and making that. It just feels like like if there were a new game that it would pop up somewhere else.”

    Boccaccio·1:53:16

Bearish:

• $GEMINI - Strong negative sentiment towards Gemini, considering it one of the worst-run crypto companies based on personal experience.

  • “It's probably the worst run exchange and, like, one of the worst run crypto companies that ever ever had the displeasure of of experiencing and working with.”

    James·2:16:33
• $BONDS - Bearish outlook on bonds due to expectations of continued high inflation, which is negative for fixed-rate assets.

  • “I think we're just gonna continue into this world of of cyclically and secularly higher inflation. So, yeah, I don't know. It feels like they're just you know, there's narratives that pull us in one way or the other every single week, but when you just look at the core buckets of of what's there and what's driving things, it's it's all the same thing.”

    Felix·5:32
• $SOL - Bearish view on Solana, expecting it to underperform newer chains due to market saturation and shifting user interest.

  • “I largely agree, actually. I think SOL will likely underperform, newer chains. I think I mean, I already said, I think I have some question marks on pump funds dominance. And I just think, like, people want a new game to play, and the salon and game, to me, feels like it it happened.”

    Boccaccio·1:52:31
• $ETH - Bearish sentiment on Ethereum due to significant revenue decline, suggesting the current price drop is justified.

  • “And it's the fundamental reason why the ETH token is lower is because its revenue has fallen 95% from peak. So it's not a surprise to me that the token's, like, whatever, 50% from peak.”

    Ryan·1:44:21