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The Bull Case For GLXY With Duncan & Rittenhouse Research
1时35分14秒
08-04
Episode Summary
Voice Summary:
0:00:00

Gm! This week, Duncan and Matt join Yano to dive into Galaxy the day before their quarterly earnings drop. In this episode, Duncan and Matt dive into Galaxy’s unique business model and how it’s perfectly positioned for the AI, crypto and datacenter narratives and how this will propel GLXY stock, as we move into the future. 


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Start your day with crypto news, analysis and data from Katherine Ross. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts


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Follow Rittenhouse Research: https://x.com/RHouseResearch
Follow Duncan: https://x.com/FloodCapital


Follow Jason: https://x.com/JasonYanowitz


Follow Empire: https://twitter.com/theempirepod


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SKALE is the next evolution in Layer 1 blockchains with a gas-free invisible user experience, instant finality, high speed, and robust security. SKALE is built different as it allows for limitless scalability and has already saved its 50 Million users over $11 Billion in gas fees. SKALE is high-performance and cost-effective, making it ideal for compute-intensive applications like AI, gaming, and consumer-facing dApps. Learn more at https://skale.space and stay up to date with the gas-free invisible blockchain on X at @skalenetwork


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Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.Visit https://www.ledn.io to learn more.
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Chapters:


(02:32) Unpacking Galaxy


(06:35) Bitcoin Mining


(14:01) Crypto Business


(16:02) Ads (Skale, Katana)


(17:32) Galaxy’s Products


(24:43) Goldman Sachs’ Valuation (check)


(31:58) Data Center Business


(42:39) Ads (Skale, Katana)


(44:10) Galaxy’s Business Evolution


(53:40) Economics Explored


(01:01:06) Data Center Developments


(01:13:05) Ads (LEDN)


(01:14:06) Challenges


(01:26:55) GLXY Stock Analysis



Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Next Episode
Hivemind: Don’t Sleep on Ethena, Bull Case for Galaxy & The Hyperliquid Future

This week, the Hivemind team dives into the recent market pullback and whether it’s time to be bullish again. We explore the future of Ethena & USDe, why Galaxy Digital’s massive data center play may be the sleeper AI bet, Hyperliquid’s regulatory risk and future upside with HIP-3 & more. Enjoy!


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Start your day with crypto news, analysis and data from Katherine Ross and David Canellis.




Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire 


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Follow Jason: https://x.com/3xLiquidated  


Follow Jose: https://x.com/ZeMariaMacedo 


Follow Yan: https://x.com/YanLiberman 


Follow Duncan: https://x.com/FloodCapital 


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Timestamps:


(0:00) Market Too Frothy?


(7:10) Are There Reasons to be Bullish?


(13:21) Ethena & USDe


(21:05) Galaxy Bull Thesis


(32:07) Bonk/Pump.Fun Update


(38:15) Hyperliquid Still A Buy?


(49:51) Regulation & Bullish SEC Speech


(52:59) Hyperliquid Regulation


(55:01) Crypto’s Institutional Wet Dream


(56:45) Crypto IPO Outlook


(59:57) Base Token Incoming?


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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, the Hivemind team, and our guests may hold positions in the companies, funds, or projects discussed.

1时01分33秒 2025-08-07
Host
Empire 名片
Single Episode:229
08-04