The Wolf Of All Streets Bitcoin On The Brink As Banks Ban Stablecoin Yield
Mar 24, 2026
Andrew Tillman, tokenization and institutional adoption expert, and Marcus Thielen, crypto market analyst from 10X Research. They debate tokenized rails and TradFi moving into crypto. They cover shrinking volatility around $70K, flows and outflows, the push for 24/7 tokenized trading, banks launching blockchain payments, and looming rules that could curb stablecoin yield.
AI Snips
Chapters
Transcript
Episode notes
Bitcoin Pinned By Options Expiry And Low Positioning
- Bitcoin is range-bound with low positioning but elevated volatility around news, keeping price stable until a major catalyst like Friday's large options expiry.
- Marcus Thielen notes low volumes, slowed outflows, and that expiry pinning around $70–71K could trigger post-expiry volatility.
Slowed Outflows Limit Bitcoin Downside
- Outflows have slowed dramatically from February's ~$26B to roughly $4B this month, limiting downside and making gradual moves more likely than sharp crashes.
- Thielen compares the current environment to mid-2022 where selling abated and Bitcoin stabilized before rallying.
Wall Street Is Tokenizing Markets At Scale
- TradFi is aggressively tokenizing assets and building 24/7 markets via exchanges like NYSE, ICE, and Securitize partnerships.
- Andrew Tillman and Scott Melker argue this institutional activity will catalyze a large leg higher over the next 18–36 months.