Free Daily Podcast Summary
The Bitcoin Layer: Daily Summaries Delivered
by The Bitcoin Layer
The Bitcoin Layer is a premium markets research provider, covering bitcoin through a global macro lens | Research, Analysis, & Education. Featuring Nik Bhatia, author of the #1 Amazon bestseller Layered Money and USC Marshall School of Business professor. Most importantly, develop a framework for understanding global markets—connect the dots between economic and financial concepts to see the bigger picture.
Latest Episodes
The most recent episodes — sign up to get AI-powered summaries of each one.
- 2 days ago12 min
Why Stocks Really Crashed Today
In this episode, Nik covers the worst single day of 2026 for stocks, with the Nasdaq down 6.5% and the S&P down 4.6%, and asks whether the midterm results caused it or whether something larger is going on. He shows the Nasdaq slicing through its 200 day moving average and a trend line stretching back to 2022, and why the S&P losing 7630 and its own four year line matters. Nik argues that credit cycles are mostly apolitical and that this has been building for weeks, points to the OpenAI raise getting cut and Anthropic’s IPO odds falling, and explains what a 55 basis point drop in treasury yields is telling him. The Bitcoin Layer and its guests do not provide investment advice.
- 4 days ago19 min
The Fed Will Have To Print Bigger This Time
In this episode, Nik lays out three money market metrics he watches as a former repo and treasury bill trader, and why they suggest the Fed may be closer to another round of QE than anyone wants to admit. He starts with SOFR creeping back above IORB, a spread now at its widest since tax day, and the month end and year end dates he is watching next. He then covers why more than $7 trillion in T-bills has to be funded by a cash market that cannot grow to meet it, and why bank reserves at 9% of GDP sit near the levels that preceded the 2019 repo crisis. The Bitcoin Layer and its guests do not provide investment advice.
- 5 days ago1h 9m
Prediction Markets Are A Symptom Of Debasement
In this episode, Nik welcomes Mark Goodwin, journalist at Unlimited Hangout and former editor in chief of Bitcoin Magazine, for a conversation on prediction markets and the Genius Act. Mark explains why prediction markets aren’t the trustless systems people assume, how the oracle problem means someone still has to decide the outcome, and why the assumption that markets always reveal truth breaks down when someone has reason to lose money on purpose. He and Nik also cover why the Genius Act creates structural demand for treasuries, how stablecoins extend dollar access across the global south, and Nik’s own realization while writing his stablecoins as statecraft paper. The Bitcoin Layer and its guests do not provide investment advice.
- 1 weeks ago23 min
Bitcoin Held Up Through A $6 Billion Hack
In this episode, Nik covers bitcoin’s reaction to the Binance hack, in which $6.3 billion was taken from the exchange’s hot wallet. He explains why a 5% drawdown is far milder than he would have guessed for news of that size, why this is different from the FTX collapse, and how the hacker used DeFi collateral to move stablecoins before issuers could freeze them. Nik then turns to the levels he is watching below $82,700, why gold losing its trend line opens up $3,400, and why a bearish divergence in the Nasdaq suggests more downside. He closes on month end funding and why the calendar matters here. The Bitcoin Layer and its guests do not provide investment advice.
- 1 weeks ago14 min
Wall Street Has No Idea What the Fed Is Doing Anymore
In this episode, Nik covers the Fed’s decision to hold and the reaction that surprised him more than the decision itself: Bloomberg’s anchors in full meltdown over how Kevin Warsh is communicating. He walks through their three complaints, the dissents, Warsh declining to explain why the Fed didn’t hike, and the suggestion that Williams and Jefferson are really setting policy. Nik explains why he thinks the hold was justified given how much conditions tightened after September, and why Warsh believes higher rates will slow the AI buildout. He closes on bitcoin’s four price drivers and why a steepening yield curve could relieve some pressure. The Bitcoin Layer and its guests do not provide investment advice.
- 1 weeks ago53 min
It’s Death Either Way For Japan
In this episode, Nik welcomes Peruvian Bull, also known as Roberto Rios, author of the Dollar Endgame, for a deep look at Japan. They trace the story from the 1980s bubble and the Plaza Accord through the lost decades, the move to zero rates, and the yield curve control era that made the yen the world’s funding currency. Roberto explains how the carry trade grew into something the Bank of Japan can no longer tame, why recent interventions cost $91 billion and included the US Treasury and Federal Reserve for the first time since 1998, and why Japan now has to choose between letting the currency fall or letting JGB yields rip. The Bitcoin Layer and its guests do not provide investment advice.
- 1 weeks ago10 min
The Credit Cycle Is Turning On Stocks
In this episode, Nik covers three funding headlines that landed within days of each other: Anthropic filing for an IPO, SpaceX going to the bond market for $40 billion, and Meta raising $95 billion in equity. He explains why so much issuance at once signals the funding window is narrowing, why a turning credit cycle starves everything on the fringe, and why stock valuations and earnings growth are already rolling over. The Bitcoin Layer and its guests do not provide investment advice.
- 2 weeks ago40 min
97% Of Bitcoin’s Price Is Explained By The Power Law | Santostasi & Perrenod
In this episode, Nik welcomes back Dr. Giovanni Santostasi and Dr. Stephen Perrenod of the Scientific Bitcoin Institute, joining from Lugano, to explain the bitcoin power law. Giovanni walks through why bitcoin’s price plotted against time produces a straight line on a log log chart, and why an R squared of 0.97 means only 3% of the price history falls outside it. Stephen explains the two power laws underneath it, adoption growing as the cube of time, the same rate as the internet and as viruses, and value growing with the square of users. They also cover their peer reviewed paper and why the math suggests bitcoin is empirically a peer to peer network. The Bitcoin Layer and its guests do not provide investment advice.
Get The Bitcoin Layer summaries in your inbox
Free AI-powered daily recaps. Key takeaways, quotes, and mentions — in a 5-minute read.
Get Free Summaries →Free forever for up to 3 podcasts. No credit card required.
You Might Also Like
Listeners also like.
BTC Sessions
Weekly Bitcoin news and panel discussions with global contributors exploring why they remain bullish on the cryptocurrency.
What Bitcoin Did
What Bitcoin Did explores Bitcoin's impact on money, freedom, and the future of finance.
Bankless
A podcast about crypto finance covering DeFi, NFTs, and cryptocurrencies to help listeners transition to a bankless financial system.
The Paul Barron Crypto Show
Explores cryptocurrency, blockchain, DeFi, Web3, and crypto regulation with analysis on market trends and digital finance.
Odd Lots
Two Bloomberg journalists examine intriguing topics in finance, markets, and economics with expert guests.
Unhedged
Markets experts from the Financial Times break down the key ideas driving today’s financial news.
TFTC: A Bitcoin Podcast
A Bitcoin podcast hosted by Marty Bent featuring discussions with notable figures in the space.
Milk Road Crypto
A daily podcast uncovering emerging cryptocurrency investments and the innovators shaping the future of finance.
Peak Prosperity
Explores economic, energy, environmental, and geopolitical systems to offer clarity beyond mainstream narratives.
The Pomp Podcast
Discusses business, finance, and Bitcoin with influential figures and cultural icons.
Thinking Crypto News & Interviews
Covers crypto news, interviews, and analysis on Bitcoin, Ethereum, Web3, DeFi, NFTs, blockchain tech, regulations, and digital asset trends.
Barron's Streetwise
A weekly look at high finance and Wall Street trends through interviews and analysis with Barron’s columnist Jack Hough.
About The Bitcoin Layer
The Bitcoin Layer is a premium markets research provider, covering bitcoin through a global macro lens | Research, Analysis, & Education. Featuring Nik Bhatia, author of the #1 Amazon bestseller Layered Money and USC Marshall School of Business professor. Most importantly, develop a framework for understanding global markets—connect the dots between economic and financial concepts to see the bigger picture.
Customized Recaps
AI-powered recaps with compact key takeaways, quotes, and insights.
Straight to Your Inbox
Get key takeaways from The Bitcoin Layer in a 5-minute read.
Save Hours Every Week
Stay current on your favorite podcasts without falling behind.
Frequently Asked Questions
What is Podzilla's The Bitcoin Layer daily summary?
It's a free AI-powered email that summarizes new episodes of The Bitcoin Layer as soon as they're published. You get the key takeaways, notable quotes, and links & mentions — all in a quick read.
How does the The Bitcoin Layer podcast summary work?
When a new episode drops, our AI transcribes and analyzes it, then generates a personalized summary tailored to your interests and profession. It's delivered to your inbox every morning.
Is this an official The Bitcoin Layer product?
No. Podzilla is an independent service that summarizes publicly available podcast content. We're not affiliated with or endorsed by The Bitcoin Layer.
Can I get summaries of other podcasts too?
Absolutely! The free plan covers up to 3 podcasts, any in the catalog. Basic raises that to 15, Pro to 40 and Max to 100. Browse our full catalog at /podcasts.
How often does The Bitcoin Layer release new episodes?
The Bitcoin Layer publishes 2x weekly. Our AI generates a summary within hours of each new episode.
What topics does The Bitcoin Layer cover?
The Bitcoin Layer covers topics including Technology, Education, Business, Investing. Our AI identifies the specific themes in each episode and highlights what matters most to you.
Start getting The Bitcoin Layer summaries tomorrow morning.
Free forever for up to 3 podcasts. No credit card required.
Free forever for up to 3 podcasts. No credit card required.