Crypto Market Sell-Off, Fed Tapering, S&P and Treasury Correlation

Get your macro fix with Blockworks’ own Mike Ippolito and Tyler Neville.

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In the weekly roundup episode of Blockworks’ podcast “On the Margin,” Michael Ippolito, co-founder, sits down with Senior Editor Tyler Neville to talk about the news in macro, including the crypto market sell off, how to contextualize it, and what comes next. They also discuss the first whispers of tapering from the Fed, a twenty year high in correlation between equities and bonds, and China SRO’s reiterating the ban on trading crypto.

“On the Margin” is a two-part show. Once a week, Mike interviews industry experts, and then at the end of the week he is joined by co-host Tyler Neville where they break down the top crypto and macro stories. Episodes go live every Wednesday and Saturday morning.

Subscribe to “On the Margin” today on Apple or Spotify, or watch episodes on YouTube.

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Outside of stablecoins, the value of tokenized assets sits below $20B, dominated by the following asset classes: private credit, US Treasuries, commodities, institutional alternative funds, stocks, non-US government debt, and corporate bonds. In the coming months, we see the greatest opportunities in the tokenization of illiquid markets, particularly private equity. However, the successful integration of offchain assets into blockchain ecosystems relies heavily on clear and consistent regulatory frameworks, with purpose-built infrastructure to support it.

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The platform, called LaunchLab, comes less than a month after news broke that pump.fun was developing an AMM of its own

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The California Democrat discusses partisan divides, upcoming bills and the pro-crypto shift in Washington

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Industry experts predict an institutional embrace of crypto, but warn of “stagnation,” bitcoin dominance and innovation slowdown

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Ronin’s Aleksander Larsen argues you can’t have good graphics and incredible gameplay with a strong crypto game economy all at the same time

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The Interchain Foundation is open-sourcing evmOS under Apache 2.0 to streamline EVM adoption across the ecosystem

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Tokenized private equity is the next “greatest” opportunity, BWR analyst Carlos Gonzalez Campo writes