The House View

Crypto Spring Is Here: Tom Lee on Ethereum, Tokenization, and the Next Bull Cycle

In this episode of The House View, FalconX CEO Raghu Yarlagadda sits down with Tom Lee, Chairman of Bitmine Immersion Technologies (BMNR), to discuss the macro backdrop shaping digital assets and why crypto may be entering its next phase of growth.  Tom shares why he believes the current environment is more constructive than investors expect — from the resilience of the U.S. economy to signs that key risk factors may have peaked. The conversation then turns to crypto, where Tom outlines his “crypto spring” thesis, the role of tokenization and AI in driving the next cycle, and why Ethereum is emerging as a foundational settlement layer for onchain activity. He also discusses Bitcoin’s role as digital gold, Bitmine’s strategy to build a meaningful position in ETH, and how institutions are adapting to a 24/7, globally interconnected market. Disclaimer: This podcast is provided for informational purposes only and should not be relied on or considered to be (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations, or (iii) an official statement of FalconX. Past performance is not indicative of future results. Information contained in this podcast is not and should not be regarded as investment advice, investment research, debt research, or derivatives research for the purposes of the rules of the US Commodity Futures Trading Commission or any other relevant regulatory body.  FalconX and any podcast participants  may hold positions in assets discussed, which may change without notice.  All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinion of FalconX.   Investing in digital assets and derivatives involves significant risks, including loss of capital. Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences of the transaction. "FalconX" is a marketing name for FalconX Limited and its affiliates. For more information, please visit falconx.io [http://falconx.io].

Decoupling in Motion: Crypto Finds Its Own Footing

In this episode of The House View, Martin Gaspar, Senior Crypto Market Strategist at FalconX, sits down with Eliézer Ndinga, Global Head of Research at 21shares, to unpack the latest structural shifts in crypto markets: the move toward independence from traditional risk assets. The conversation explores how crypto is increasingly decoupling from traditional risk assets amid geopolitical tension, what’s driving renewed ETF and ETP inflows globally, and how institutional demand is being expressed through new access vehicles. They also dive into Ethereum’s recent outperformance, the rapid growth of stablecoins and tokenized assets, and how platforms like Hyperliquid are expanding crypto into a global, 24/7 trading layer across both digital and real-world assets. Disclaimer: This podcast is provided for informational purposes only and should not be relied on or considered to be (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations, or (iii) an official statement of FalconX. Past performance is not indicative of future results. Information contained in this podcast is not and should not be regarded as investment advice, investment research, debt research, or derivatives research for the purposes of the rules of the US Commodity Futures Trading Commission or any other relevant regulatory body.  FalconX and any podcast participants  may hold positions in assets discussed, which may change without notice.  All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinion of FalconX.   Investing in digital assets and derivatives involves significant risks, including loss of capital. Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences of the transaction. "FalconX" is a marketing name for FalconX Limited and its affiliates. For more information, please visit falconx.io [http://falconx.io].

The Death of the Weekend: How Traders Hedge Risk When Markets Close

In this episode of The House View, Colin Farrell, Senior Manager of Institutional Coverage, sits down with Griffin Sears, Head of Derivatives, to unpack how market structure is evolving in an always-on world. The conversation explores how geopolitical volatility is accelerating the need for 24/7 liquidity, how institutional investors are using Bitcoin options as a weekend macro hedge, and how prediction markets are being used as signal rather than execution.  They also discuss the surge in weekend trading activity, the role of venues like Hyperliquid in expanding access to continuous markets, and how traders are positioning through uncertainty with elevated volatility, persistent put skew, and increased demand for hedging instruments. Disclaimer: This podcast is provided for informational purposes only and should not be relied on or considered to be (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations, or (iii) an official statement of FalconX. Past performance is not indicative of future results. Information contained in this podcast is not and should not be regarded as investment advice, investment research, debt research, or derivatives research for the purposes of the rules of the US Commodity Futures Trading Commission or any other relevant regulatory body.  FalconX and any podcast participants  may hold positions in assets discussed, which may change without notice.  All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinion of FalconX.   Investing in digital assets and derivatives involves significant risks, including loss of capital. Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences of the transaction. "FalconX" is a marketing name for FalconX Limited and its affiliates. For more information, please visit falconx.io [http://falconx.io].

Transparency Over Yield: Rethinking Crypto Credit After 10/10

In this episode of The House View, Craig Birchall, Head of Credit at FalconX, sits down with Anthony DeMartino, CEO & Co-Founder of Sentora, to unpack how crypto credit markets are evolving in the aftermath of the October 10 dislocation. The conversation explores why transparency has become non-negotiable for onchain credit, how real-world assets (RWAs) need to be redesigned - not just tokenized - to work in DeFi, and what’s holding back institutional adoption. They also discuss why onchain yields have compressed, the risks embedded in duration and leverage, and how new structures like barbell strategies could define the next phase of onchain credit. Disclaimer: This podcast is provided for informational purposes only and should not be relied on or considered to be (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations, or (iii) an official statement of FalconX. Past performance is not indicative of future results. Information contained in this podcast is not and should not be regarded as investment advice, investment research, debt research, or derivatives research for the purposes of the rules of the US Commodity Futures Trading Commission or any other relevant regulatory body.  FalconX and any podcast participants  may hold positions in assets discussed, which may change without notice.  All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinion of FalconX.   Investing in digital assets and derivatives involves significant risks, including loss of capital. Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences of the transaction. "FalconX" is a marketing name for FalconX Limited and its affiliates. For more information, please visit falconx.io [http://falconx.io].

Back to Volatility: Traders Return as Bitcoin Leads

Markets may close on Friday, but the world doesn’t. In this episode of The House View, Colin Farrell, Senior Manager of Institutional Coverage at FalconX, sits down with Sebastian Cohen, Head of Spot Trading, to break down what the FalconX trading desk is seeing as volatility returns to crypto markets. The conversation explores how geopolitical developments are driving activity back into markets, why Bitcoin is leading the latest rally, and where institutional clients are positioning across majors and select DeFi tokens. The conversation also examines why platforms like Hyperliquid are gaining traction as traders increasingly demand 24/7 access to global markets. Disclaimer: This podcast is provided for informational purposes only and should not be relied on or considered to be (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations, or (iii) an official statement of FalconX. Past performance is not indicative of future results. Information contained in this podcast is not and should not be regarded as investment advice, investment research, debt research, or derivatives research for the purposes of the rules of the US Commodity Futures Trading Commission or any other relevant regulatory body.  FalconX and any podcast participants  may hold positions in assets discussed, which may change without notice.  All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinion of FalconX.   Investing in digital assets and derivatives involves significant risks, including loss of capital. Prior to entering into any proposed transaction, recipients should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences of the transaction. "FalconX" is a marketing name for FalconX Limited and its affiliates. For more information, please visit falconx.io [http://falconx.io].