In the Trading Pit with Mike McGlone, Senior Commodity Strategist At Bloomberg

Mike McGlone grew up 20 minutes from the Chicago Board of Trade with a deep interest in finance and trading. Climbing the ladder quickly, Mike went from taking phone calls on the trading floor to becoming a Senior Commodity Strategist for Bloomberg Intelligence. Having spent his entire career in Chicago and on Wall Street, Mike has a keen eye for macro economic trends, in legacy markets and beyond. While his opinions are strictly his own and not financial advice, Mike believes to have strong evidence for a long-term bullish Bitcoin scenario. Scott Melker and Mike McGlone further discuss the screams and shouts of the trading pit, determining the volume of the market by the odor of the other traders, the Bloomberg Terminal, the election’s impact on the market, CBDCs' unstoppable trend, tempting the market gods, quantitative easing, the classic signs of a bear and bull market, the growing advantages of hard assets, where the market is heading, Bitcoin’s true value and more. --- ROUNDLYX RoundlyX allows you to dollar-cost-average into crypto with our spare change "Roundup" investing tool, manage multiple crypto exchange accounts in one dashboard and access curated digital asset content and services. Visit RoundlyX and use promo code "WOLF" to learn more about accumulating your favorite digital assets when making everyday purchases and earn $4 in free Bitcoin. --- EQUOS Diginex is the first company with a cryptocurrency exchange to be listed in the US. That exchange, EQUOS, has been built to institutional standards, but is available to everyone. You can trade Bitcoin and Ethereum spot, as well as Bitcoin perpetuals, and get a 5% discount on all fees, by signing up using equos.com/wolf. --- CELSIUS With the Celsius app you can earn up to 15% APY rewards on over 30 cryptocurrencies. Have crypto but want cash? Celsius also offers the lowest cost loans against your crypto with interest rates starting at just 1% APR. Enter promo code WOLF when you sign up and get $20 in BTC! Users must transfer and hold at least $200 of any coin for 30 days to be eligible for the reward. --- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io Learn more about your ad choices. Visit megaphone.fm/adchoices