Bits + Bips: DATs Are Crypto's Biggest Trend. So Why Aren't They Boosting Markets? - Ep. 865
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think there's some technical pullback necessary, but I think if you want a contrarian view, it'd be the death of the US dollar is greatly exaggerated. I mean, look, it's been slammed, and it's I think it's the the short rates in United States, the growth options in United States are still better than elsewhere in the world. So if you want a contrarian take, it's take the other side of Ray Dalio. Yeah.
Same.
Hi, everyone. Welcome to Bits and Dips, exploring how crypto and macro collide one basis point at a time. Today, we're gonna talk about Trump's tariff letters, what to make up tokenized stocks, the launch of Solana staking ETF, and much, much more. But first, let's do some quick intros. I'm your host, Steve Ehrlich, high scribe of the Unchained Kingdom. I'm here with Joe McCann, lord commander of asymmetric and master of bank, and Ram Aluwalia, maestro wealth, leader of Lumida. We have, and we have, another special guest, Rob Haddock, ember lord of the Dragonfly Holdings. Rob, since it's your
a lot. Appreciate it, Steve, and thanks for having me on. So, Rob Haddock. I'm a GP, at Dragonfly, as you mentioned. If anybody doesn't know us out there, we're about 4,000,000,000 under management, best in, you know, early to mid stage crypto companies. And, yeah, excited to be here as the the Amber Lord of Dragonfly. That's a new one.
So one quick disclaimer, and then we'll we'll begin. We're here to talk about the the latest stories and trends in the world of crypto and macro. Just a reminder, nothing that we say is investment or financial advice. You can check out unchained.com backslash bits and bips for more disclosures. And before we dive in, let's just take a quick moment to hear from the sponsors who make this show possible.
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not quite sure if it qualifies as breaking news because it's been out for a few hours at this point. But, it's funny. We had a whole discussion on Telegram on what to talk about, and, we knew the Trump tariff letters were coming, and they started dropping, a few hours ago. So, I mean, just a quick recap and, for what where we see right now. Japan and South Korea, they've been threatened with a 25% tariff. Malaysia and Kazakhstan, also 25%. South Africa, 30%. Laos and Myanmar, 40%. We're hearing rumors of 12 more countries this week that are also gonna get letters. And, these tariffs, as you gu
So first off, there's a telling that Trump and really investing here delayed and created another extension, like, till August. Markets are expanding expecting more and more extensions. Trump also said that, he wants to keep stock markets high. That's my paraphrasing. They also have a path to resolution even if other countries are slow on the ball. They can just issue letters and terms. So I think the other consideration here is the impact. The training partners that matter the most are Mexico and Canada, their primary training partners. Japan and South Korea a
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