LIVE NOW -- Why is Bitcoin Underperforming Gold?
In this episode of The DeFi Report, @JustDeauIt and @RyanSAdams break down why Bitcoin is underperforming gold, what the BTC/Gold ratio is signaling about the next bottom, and why this setup may be more bullish than it looks. They unpack China’s role in driving the gold trade, why Bitcoin still behaves like a risk-on asset, and how investor “envy” distorts cycle perception. Mike lays out realistic downside scenarios, key support levels to watch, and the onchain signals he needs to see before deploying capital.
[TIMESTAMPS]
0:00 Intro
2:08 Bitcoin vs. Gold Ratio Analysis
8:19 Understanding Gold's Outperformance
13:12 China's Impact on Gold Demand
14:27 Bitcoin's Future as a Reserve Asset
16:27 Potential Bottom for Bitcoin Ratio
20:25 Market Sentiment & Investor Behavior
26:35 Onchain Metrics and Market Conditions
33:41 The Future of Real World Assets in Crypto
34:59 Closing & Disclaimers
📊 Illicit crypto activity hit a record USD 158 billion in 2025 — reversing a multi-year decline, per TRM’s first look at our 𝟐𝟎𝟐𝟔 𝐂𝐫𝐲𝐩𝐭𝐨 𝐂𝐫𝐢𝐦𝐞 𝐑𝐞𝐩𝐨𝐫𝐭.
Check out the key insights below and keep your eyes peeled for the full report, launching soon.
🔗: https://t.co/Khh2ReW5RE
OUT NOW: Barry Naughton, renowned scholar on Chinese economy, on:
- China's debt and fiscal crisis
- Chronic and Severe Deflation
- Industrial Policy 3.0 Is Here
- Reading tea leaves for 2026 & beyond
Apple https://t.co/NJX6BbAAZk
Spotify https://t.co/fHuhhbnePA
🌄 About 90% of the meaningless slop people talk about on X has no relevance in their own lives. Study Stephen Coveys "circle of influence and circle of control."
The US is finally waking up to the fact that they pushed the entire crypto industry to Dubai and Singapore. That 15-9 vote on the Clarity Act is basically an admission that regulation by enforcement was a failed experiment.
The real tension is with the big banks. They are lobbying hard because stablecoin rewards are a direct threat to their legacy deposit base. If people can get onchain yield with actual legal protection, the old banking model has a serious problem. It is a straight up fight for liquidity.
If the Senate finds 60 votes by July 4, the regulatory gray zone officially dies. This is about institutional survival. Serious builders want these rules so they can finally separate themselves from the scams and scale properly. The US is late to the party, but they are finally trying to get in the door. Passing this 100% changes the outlook for the next decade of finance.
https://t.co/9fydGUHu2S
You should know they did you dirty when they start fudding one guy.
My guy is clear and you know who I’m talking about. And I will always stand by him
They’ve been trying so hard to torn his reputation but every time he comes back stronger.
We’re building together
#Buildtogether
BREAKING 🚨 Argentina President Milei stuns the room saying America is actually SAVING the world from leftism and wokeism
"The rebirth of the ideas of LIBERTY. The Americas will be the beacon of LIGHT to illuminate the west”
HE IS ABSOLUTELY RIGHT
Paul Hohenstatt, CIO at @PropGlobal, on the year behind us and the road ahead.
The past year was focused on execution.
@PropGlobal closed its first European acquisitions and put the foundations in place for an institutional real estate platform.
@PropGlobal is now working through a ~€400M forward pipeline targeted for 2026, supported by teams on the ground and Propchain’s technology layer, which standardises execution, data, and workflows across the portfolio.
The focus now is continued execution and disciplined scale.
Ik besprak het box 3-plan op BNR.
Het is tragisch:
- Nederlanders zouden meer moeten beleggen
- Europa heeft meer risicokapitaal nodig
Wat doet onze regering?
Een box 3-plan dat ongerealiseerde, papieren winst belast.
(1) Een probleem voor illiquide beleggingen zoals aandelen in private bedrijven, aandelen in langlopende fondsen, goudstaven en beleggingskunst
(2) Een probleem voor volatiele beleggingen (= de meeste aandelen). Er zullen mensen failliet belast worden.
(3) Een veel hoger tarief dan internationaal gebruikelijke capital gains tax van rond de 20%.
(4) Raakt alleen de middenklasse, want iedereen met serieus vermogen vlucht naar box 2.
Een plan dat risico nemen straft en beleggen ontmoedigt.
Een plan dat bergen aan rechtszaken, vluchtroutes en dramatische verhalen zal voortbrengen.
Honderdduizenden onnodige uren aan fiscalisten, accountants, notarissen, adviseurs - die het toch al druk hebben.
Iedereen: “we moeten de regeldruk en complexiteit verminderen”
Nederland: “hier, meer regeldruk en complexiteit”
En waarom?
Padafhankelijkheid. We zijn hier door een onwaarschijnlijke reeks gebeurtenissen terecht gekomen, en nu durft de Tweede Kamer eigenlijk niet meer nee te zeggen.
Ongekend.
Toeslagen, Groningen, Stikstof, Vermogensaanwasbelasting.
Terugluisteren? Check bericht hieronder.