Michaël van de Poppe

CIO & Founder @MNFund_ and @MNCapital_vc | Host of @new_era_finance | Macro-Economics, Value Based Investing & Trading | Crypto & Bitcoin Enthusiast

[Michaël van de Poppe @CryptoMichNL]

"The issue is it wasn't built for humans."

Yat Siu (@ysiu) co-founded @animocabrands. Started building NFT infrastructure when CryptoKitties melted Ethereum. Made the AI + crypto argument years before anyone listened.

The man who has spent a decade selling crypto to retail now thinks the next customer won't be retail at all.

"There's going to be more agents than humans. The entire internet is going to be swarmed by agents."

We cover:

Why AI agents, not humans, become the actual customer crypto was built for
The infrastructure that has to exist before agents can transact at machine speed
Why every consumer app breaks when agents replace browsing (the Tinder example)
How meme coins pulled focus from the builders who actually mattered
Why tokens become the commodity layer for compute, energy, and attention
The orchestration layer thesis, where real development is happening now
Why the metaverse isn't dead, it's just coming to us through agents
What retail should actually be holding right now

Thanks to Yat for coming on @new_era_finance.

TIMESTAMPS:
00:00 - Intro
02:00 - Crypto Is Trump's 10th Child
07:30 - Meme Coins Were The Wrong Distraction
12:00 - The Customer Was Never You
17:30 - Code Is Law For Agents
22:00 - More Agents Than Humans
27:00 - The End Of Websites
32:00 - Why On-Chain Growth Stalled
36:00 - What Retail Should Actually Hold

[Michaël van de Poppe @CryptoMichNL]

The markets are unchanged on #Bitcoin.

Still no clear breakout above the crucial $64,000-65,000 area.

That's required to get momentum back in the markets, and given that the SpaceX IPO is today, it's highly unlikely we'll see it happen straight from the open.

Other than that, if lower timeframes hold higher lows and ground here and there's finally a resolution in the Middle-East, I think we're in for a very strong green week upcoming week and very likely will start to see liquidity flow back into these markets.

[Michaël van de Poppe @CryptoMichNL]

I'm not worried about my #Altcoin portfolio at all.

This entire correction hasn't been connected to them, it's a Bitcoin focused one and when that consolidates, I assume we'll start to see strength flowing back into them.

Really looking forward to be trading them, for now, simply holding it.

[Gareth Jenkinson @gazza_jenks]

Forget Bitcoin. Time for football. Watching @BafanaBafana vs Mexico in the FIFA World Cup opener!

@CryptoMichNL

[Michaël van de Poppe @CryptoMichNL]

The SpaceX IPO is tomorrow.

That would be tricky for the markets, unless #Bitcoin clearly breaks crucial levels here and we start to turn the trend on lower timeframes.

Flipping back in the range is a green light for altcoins to start outperforming.

However, if the trend stalls, we'll probably hit the low of this correction in the weekend.

[Michaël van de Poppe @CryptoMichNL]

"CryptoPunks is a better levered bet on Ethereum than Ethereum itself."

Yat Siu (@ysiu), co-founder of @animocabrands, on what retail should actually do in this market:

"If it's your first time in crypto, hold a reasonable basket of the majors. Bitcoin, Ethereum, probably Solana. If you believe in digital, you should believe in that."

"Overweight Bitcoin and Ethereum. It's volatile, but it's something you understand and it has the liquidity."

"Punks are a cultural status item. It's like Picasso: if the French economy does wonderful, Picasso is the better bet. Picasso appreciates more than the GDP."

"Then take a basket of things you love. You love the founder, you love the product. If you don't have passion, don't do it."

"If you want to gamble because gambling is fun, do it. But realize it's a gamble. There's no rhyme or reason why a memecoin does well. There's a lot of funny stuff going on in the back that you don't see. That's not calculation. That's taking a bet."

"Most tokens should be viewed like wine. There's utility, you can drink it because you enjoy it. But it also has value because you believe in it."

Translation: this is a portfolio hierarchy, not a shill. Liquid majors as the base. Cultural assets as
the leveraged layer, but only if you can afford it. Passion projects as the satellite. And memecoins are honestly labeled as entertainment, not strategy. Most retail portfolios are built in exactly the reverse order.

Which layer is your portfolio actually overweight in?

[Michaël van de Poppe @CryptoMichNL]

"The issue is it wasn't built for humans."

Yat Siu (@ysiu) co-founded @animocabrands. Started building NFT infrastructure when CryptoKitties melted Ethereum. Made the AI + crypto argument years before anyone listened.

The man who has spent a decade selling crypto to retail now thinks the next customer won't be retail at all.

"There's going to be more agents than humans. The entire internet is going to be swarmed by agents."

We cover:

Why AI agents, not humans, become the actual customer crypto was built for
The infrastructure that has to exist before agents can transact at machine speed
Why every consumer app breaks when agents replace browsing (the Tinder example)
How meme coins pulled focus from the builders who actually mattered
Why tokens become the commodity layer for compute, energy, and attention
The orchestration layer thesis, where real development is happening now
Why the metaverse isn't dead, it's just coming to us through agents
What retail should actually be holding right now

Thanks to Yat for coming on @new_era_finance.

TIMESTAMPS:
00:00 - Intro
02:00 - Crypto Is Trump's 10th Child
07:30 - Meme Coins Were The Wrong Distraction
12:00 - The Customer Was Never You
17:30 - Code Is Law For Agents
22:00 - More Agents Than Humans
27:00 - The End Of Websites
32:00 - Why On-Chain Growth Stalled
36:00 - What Retail Should Actually Hold

[Michaël van de Poppe @CryptoMichNL]

Touch down in Prague

[Michaël van de Poppe @CryptoMichNL]

Imagine you'd be interviewing Michael Saylor, what would you like to ask him?

[Michaël van de Poppe @CryptoMichNL]

There's clearly an important resistance level to break for $HYPE.

It's the area that I think is needed if we want to see upside on this asset.

Other than that, it's currently approaching a beautiful level of accumulation after a harsh correction.

The moment #Bitcoin consolidates, I would assume we're starting to see strong assets take off and gain momentum again, with this one likely among them.

[Michaël van de Poppe @CryptoMichNL]

It's quite simple for #Bitcoin.

Break through the areas at $63.3K and $65.8K and we'll be looking at a lot more upside.

I'd have targets at $75K and $79K (CME Gaps) if that's the case.

As long as it stays under these levels, there's less conviction, meaning that it's hard to actually justify going into day trades.

[Michaël van de Poppe @CryptoMichNL]

@gazza_jenks @BTCPrague @BTCsessions @julian_liniger @relai_app @coinjoined @seedor_io @kucharmartin_ @TheBlockCo @TheBlockPods He’s talking about Bitcoin instead of shitcoins, look at his smile!

[Michaël van de Poppe @CryptoMichNL]

This is 100% on point.

If Michael Saylor becomes such a big 'threat' for #Bitcoin, then Bitcoin itself wasn't meant to be.

Ultimately, it's a free market, meaning that anybody should be able to do anything with the underlying asset. The markets will value risks as they value them.

To me, I think we're looking at an extreme version of fear in current market conditions and are overvaluing the overall impact of Michael Saylor on $BTC.

[Lyn Alden @LynAldenContact]

My bullish/bearish take on bitcoin is that we shouldn’t blame any entity for buying too much of it, because if bitcoin can be killed by an entity buying it, then it wasn’t meant to be.

If all it takes to kill bitcoin is a bullish entity that likes it enough to buy, then go home.

[Michaël van de Poppe @CryptoMichNL]

The markets are in some sort of weird equilibrium.

The SpaceX IPO is around the corner, which makes me believe that we're about to see a lot of volatility.

For long-term investors, that's the area to accumulate on.

For daytraders: this is what I want to see on $NEAR. It's still holding up nicely here, but strength isn't there yet.

It can easily come, especially when Bitcoin bounces back upwards, then I would assume we're going to see a strong move to the upside, triggering a run towards the highs again.

I'll be trading that actively, and I'll also be scaling out of my altcoin portfolio around those highs.

Very pleased to see that I can trade $NEAR on @okx on X-Perps today myself.

Make sure to join a MiCA compliant exchange before July 1st and get $30:
https://t.co/LZPFdBTFtp

[Michaël van de Poppe @CryptoMichNL]

Funny enough, the $BTC vs. SPX chart is doing the exact same technical construction as previous cycle.

It's already making a bullish divergence on the weekly chart, just like it did in 2022.

During 2022, markets fell down another leg.
During 2026, markets fell down a similar leg.

This week has been the most disastrous in terms of price drop since FTX.

It's still early, but this is a great sign as of yet for accumulation purposes.

[Michaël van de Poppe @CryptoMichNL]

Decided to trim down the trade on $NEAR, clearly we're holding the level, however, if Bitcoin decides to make another drop, we'll be seeing ourselves onto <€1.60 and that's where I'd want to be buying the asset again.

Things can go quick, and markets can easily hold here, however, it's quite some tricky waters to be trading the markets into.

Despite that: holding onto my #Altcoin portfolio!

[Michaël van de Poppe @CryptoMichNL]

@StonerIron I wouldn’t be buying it myself either, but it feels to be clear market appetite to be chasing SpaceX.

[Michaël van de Poppe @CryptoMichNL]

There's a clear reason why the markets are tanking massively in #Crypto as the type of investor willing to allocate funds into crypto is completely hyped by the upcoming SpaceX IPO.

There's not appetite for crypto at all, until all of the other opportunities are passing by and a change in regime comes in.

[Michaël van de Poppe @CryptoMichNL]

@killyourlosers Probably most are out already and will chase this one, and then there’s a big group through the ETFs looking to sell over the past weeks looking to allocate into SpaceX.

Especially after the recent weakness of the markets.

[Michaël van de Poppe @CryptoMichNL]

No clear decision on the path for $BTC as of yet.

I would assume, given the overall weakness in the markets, that we'll see a test of the lows happening in the coming few days to take liquidity and see what happens from there.

There's not a ton of strength, and there's no reason for it, so you clearly need to look at the technical side of things and those aren't bullish until $64,000 breaks.

[Michaël van de Poppe @CryptoMichNL]

#Bitcoin remains to be stuck between these levels.

It needs to build up some stamina before it can break through either of the two.

I do think that we'll be out of the woods for a little while if Bitcoin's price breaks above $64K.

Very likely we'll run to the CME gaps:
- $75K
- $79K

And that would be a big jump in terms of price and appetite, and it would limit the chances of the markets continuing to fall as this entire cascade has then paused.

Nothing out of the ordinary yet, and we're definitely not above that crucial threshold; there's still a lot of room to be regained in order to be jumping around.

[MN Fund @MNFund_]

Our algorithmic volatility trading system stayed active throughout the month, executing over 42,000 trades and completing nearly 26,000 roundtrips across the active pairs. That averages to roughly 870 roundtrip trades per day.

The engine works continuously, placing and closing layered orders around price movement and converting that movement into realized return, independent of market direction.

This is what a volatility strategy looks like under the hood. Not a handful of high-conviction bets, but a high-frequency, fully automated process that turns market noise into a consistent return stream.