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The DeFi Report
The DeFi Report
Author: Michael Nadeau
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© Michael Nadeau
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Our weekly show is hosted by Michael Nadeau (The DeFi Report) and Ryan Sean Adams (Bankless). Each week, we discuss how we approach managing our own portfolio and the data, research, and analytical frameworks that inform those decisions — for educational and informational purposes.
40 Episodes
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Crypto is acting like a bull market even as macro risks keep building. Mike and Ryan break down why Bitcoin and altcoins are shrugging off rising yields, rate-hike fears, and oil volatility, what the market reset is signaling, and why Mike still believes crypto is early in a new cycle. They also cover the risks that could finally challenge that view.----🎯Join TDR Pro & get 1-month freehttps://thedefireport.io/friends🎯20% off our annual plan ($16.67/month)https://thedefireport.cc/tdr-rss🎯Follow & subscribe to The DeFi Report https://thedefireport.transistor.fm/https://x.com/the_defi_reporthttps://x.com/JustDeauIthttps://x.com/RyanSAdams----TIMESTAMPS0:00 Intro0:24 Macro Second Look4:01 Crypto Outperforms Macro6:26 Market Structure Reset10:12 Macro Risk Tour20:53 Liquidity and Volatility24:53 Bull Case Holds29:23 Stocks and AI Breadth32:15 Bull Market Price Targets38:04 New Referral Program----Not financial or tax advice. For educational purposes only.
Mike is finally ready to call it: Bitcoin has likely entered the early-bull phase. Mike and Ryan break down the Golden Cross, the reclaim of the 50-week moving average, the market-structure reset, and why seller exhaustion has pushed Mike’s confidence to 85%. They also cover fading macro fears, Saylor’s return as a buyer, and the key levels that could confirm or challenge the new cycle.----🎯Join TDR Pro & get 1-month freehttps://thedefireport.io/friends🎯20% off our annual plan ($16.67/month)https://thedefireport.cc/tdr-rss🎯Follow & subscribe to The DeFi Report https://thedefireport.transistor.fm/https://x.com/the_defi_reporthttps://x.com/JustDeauIthttps://x.com/RyanSAdams----TIMESTAMPS0:00 Intro0:14 Early Bull Emerges4:24 Coin Rotation Strengthens10:14 Golden Cross Confirmed12:56 Bull Case Checklist17:09 Buyers Reappear22:52 Macro Noise Fades30:58 Ben Concedes Bull34:08 Key Levels Ahead38:12 Riding Winners Higher----Not financial or tax advice. For educational purposes only.
Bitcoin may be entering the first inning of a new bull market, and TDR thinks this cycle could be bigger than the last. Mike and Ryan break down the signals that would confirm the shift, the four stages of a crypto cycle, and how they plan to position through each phase. They also cover the sectors showing early strength, why onchain activity matters, and what could drive the next major wave of crypto adoption.----🎯Join TDR Pro & get 1-month freehttps://thedefireport.io/friends 🎯20% off our annual plan ($16.67/month)https://thedefireport.cc/tdr-rss🎯Follow & subscribe to The DeFi Report https://thedefireport.transistor.fm/https://x.com/the_defi_reporthttps://x.com/JustDeauIthttps://x.com/RyanSAdams----TIMESTAMPS0:00 Intro0:10 Guide to the Coming Bull Market3:12 TDR Portfolio Up 95%6:27 The Four Crypto Cycle Stages12:54 Early Bull Signals17:19 How to Play the Early Bull21:43 The Wealth Creation Phase30:03 When to Start Going Risk-Off35:09 Why This Bull Market Could Be Bigger40:54 Fast DeFi & Social Trading47:01 Onchain Perps & Lighter52:00 How to Think Like an Investor----Not financial or tax advice. For educational purposes only.
Bitcoin is flashing early-bull signals, but the all-clear still isn’t here. Mike and Ryan break down the new Golden Cross, why $69.9K and $80.4K define the next move, and how rising onchain speculation compares with early 2023. They also dive into PUMP vs. PONS, Robinhood Chain’s breakout, mobile-first crypto trading, and whether this new wave of risk-taking is just getting started.----🎯Join TDR Pro & get 1-month freehttps://thedefireport.io/friends🎯20% off our annual plan ($16.67/month)https://thedefireport.cc/tdr-rss🎯Follow & subscribe to The DeFi Report https://thedefireport.transistor.fm/https://x.com/the_defi_reporthttps://x.com/JustDeauIthttps://x.com/RyanSAdams----TIMESTAMPS0:00 Intro0:12 Bull Market Setup3:49 Bitcoin’s Key Levels9:20 Golden Cross Explained13:33 Alt Season or Not19:36 2023 Speculation Replay24:09 PONS and Robinhood Surge36:20 ETH’s Role in the Rally39:55 Macro Risks Ahead43:49 Portfolio Risk Management----Not financial or tax advice. For educational purposes only.
Bitcoin’s 23% surge may have marked the end of the bear market—but September could still deliver one more shakeout. Mike and Ryan break down the early-bull signals emerging across Bitcoin and crypto, why $69.4K is the key level to watch, and how the Treasury “put” is reshaping the macro backdrop. They also cover Saylor’s return to buying, rising onchain speculation, and whether investors are still early to the next cycle.----🎯Join TDR Pro & get 1-month freehttps://thedefireport.io/friends🎯20% off our annual plan ($16.67/month)https://thedefireport.cc/tdr-yt🎯Follow & subscribe to The DeFi Report https://thedefireport.transistor.fm/https://x.com/the_defi_reporthttps://x.com/JustDeauIthttps://x.com/RyanSAdams----TIMESTAMPS0:00 Intro0:18 Bull or September?3:17 Speed-Running the Cycle Low17:52 Mixed Signals, Early Bull26:54 Debasement Trade and Macro38:50 September Cooldown Ahead43:19 Mindset and Missed Gains----Not financial or tax advice. For educational purposes only.








