Tether Co-Founder: The Bitcoin Cycle Is Broken, And That’s Worse Than a Crash

Why Bitcoin Keeps Imploding on Small Moves w/ Scott Melker

In this episode, Scott Melker explains why tiny price moves are triggering massive liquidations, what’s breaking in crypto market structure, and why leverage is the real threat hiding beneath the surface.We cover why billions are getting wiped out on 2–3% moves, how traders are abusing leverage, and why this cycle feels different from past Bitcoin drawdowns. Scott also breaks down the macro forces nobody is watching, including Japan’s bond market and how uncertainty is keeping crypto trapped in a dangerous regime.

The Biggest Risk for Bitcoin Isn’t Price… It’s the ETF System w/ James Seyffart

In this episode of The Milk Road Show, Bloomberg ETF analyst James Seyffart breaks down what most traders get wrong on red days: price is loud, but ETF flows are the real signal.Because here’s the twist, when Bitcoin gets hit, the biggest ETF buyers often don’t panic sell… they buy the dip. And the real selling pressure? It might not be coming from ETF investors at all.

The Biggest Crypto Opportunity Isn’t Bitcoin or Ethereum Anymore w/ Rune Christensen

In this episode of The Milk Road Show, we sit down with Rune Christensen (Founder of Sky / MakerDAO) to break down the actual crypto battleground for the next cycle: stablecoins, onchain yield, and the money rails institutions will use once regulation turns the lights on.Because when the “real” money arrives, it won’t chase memes.It will chase liquidity, safety, and scalable yield.And if you understand where that money sits first… you’ll see the next crypto opportunity before it becomes obvious.

CRYPTOJAN 19 2026

LG Doucet

4 Bullish Signals for Crypto Despite Regulatory Uncertainty w/ David Duong

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.

Should You Believe In This Bitcoin Rally? w/ Michael Nadeau

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.

Ethereum Can Dominate Crypto and Still Be a Bad Investment w/ Christopher Keshian

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.

CRYPTOJAN 14 2026

LG Doucet

Why the Clarity Act Still Puts Crypto on a Path to New All-Time Highs w/ Matt Hougan

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.

CRYPTOJAN 13 2026

LG Doucet

Bitcoin Prices Are Flat… But the Biggest Shift Is Happening Under the Hood w/ Christopher Kuiper

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 when the charts stop being exciting.

CRYPTOJAN 12 2026

LG Doucet

Why Most Ethereum Layer 2s Are About to Disappear w/ Eliezer Ndinga

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.

CRYPTOJAN 9 2026

LG Doucet

How Institutions Evaluate Crypto: Canton Network, Tokenization & Altcoins w/ Joshua Frank

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.

This DeFi Model Could Fix the Energy Crisis (And Power the Next Cycle) w/ Jason Badeaux

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.

CRYPTOJAN 7 2026

LG Doucet

The Institutional Playbook for Crypto in 2026 (Retail Is Late Again) w/ Zac Prince

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 next phase of crypto infrastructure while retail attention drifts elsewhere.

Milk Road PRO All Access Market Pulse - Jan 14, 2026

Why Tokenization Is the Real Crypto Opportunity Everyone Is Missing w/ Michael Tanenbaum

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, stablecoins, and tokenized real-world assets are quietly reshaping finance, whether the charts reflect it or not.