Transcript preview
Preview only
Welcome to Bankless. It's the 2026. And on this Friday, we are bringing in Anthony Suzano to substitute for Ryan who got stuck in a little bit of a snowstorm. So we're bringing in our favorite substitute teacher to go through the weekly news in crypto with us. Anthony, welcome to the show.
Thanks, David. It's good to be here again, and happy New Year. And it's funny that you mentioned that Ryan got stuck in a snowstorm when it's, like, really hot here where I'm in Australia. So it's like snow. Why is this oh, that's right.
Yeah. Right. Right. Right. Yeah. We're we're in the middle of winter up here. Yeah. Yeah. Yeah. Yeah. Are some evergreen subjects that are we're gonna talk about, Anthony. We're gonna talk about the first the silver, gold, and S and P 500 breaking all time highs because that all happened in the last seven days. And then we're gonna go back and touch on Aave and the civil war because while that was kinda like two weeks ago, there are still some updates, and I also wanna get your takes on it as well. Meanwhile, while Aave is diverging, Uniswap is converging. So there's a lot more alignment in th
Yeah. I think 2025 was a kind of, you know, obviously volatile year in the markets in particular, but I think it was like a a kind of maturation year for crypto. Like, for a long time now, I remember, like, a lot of people in the ecosystem have wanted, like, a cleansing of crypto, like, get rid of the scams, get rid of the griffs. You know? All these tokens are worth so much when they shouldn't be worth as much as they are because they're fundamentally worthless. And I'm not talking about, you know, people can argue about what what token should be worth what, but I'm talking about, like, these
I think maybe the what you're saying, the word that is coming to mind for me is culling. 2025 was a year of culling where we've kinda just purged exactly what you said. The the the DNA of crypto is like, congratulations. You found crypto. You are early. And that is just no longer true in 2025 and 2026. And that is so much of what this industry has stood upon is like, you're early. You're actually in do you found you found this weird corner of the Internet that's gonna take over the world. But in 2025 in stablecoins, that is actually happening. And so much of what people came here for and some
Yeah. Yeah. Definitely. And and I think on on that as well, like, if we look at, you know, just the the market side of things, which is what people pay attention to, they use it for all sorts of signal. I think the big reason why a lot of these other tokens are doing so poorly is because the institutions, you know, the TradFi folks, they're not really interested in this stuff. Right? They've dipped their toes in with BTC and ETH, and they're kind of, you know, building on those on on Ethereum, obviously. But like everything else from what I've seen, they they don't seem very interested in. And
Yeah. Maybe it feels like crypto is going through yeah. Like I said, like, a calling. It's going through a pretty tough time in 2025, and and I think people are kinda gearing up for a little bit of continuation in that in 2026. Part of that is what we're gonna talk about today. The attention is elsewhere. So three things have hit all time highs, none of which are crypto. Silver, gold, and the S and P 500. Silver has really been the standout in December at the end of this year. It's really just gone parabolic. It's gone up a 150 to a 160% in 2025. And most of that has really come in December, N
Yeah. And and what I find funny about that, in particular with gold is th
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.