The Bitcoin Layer
The Bitcoin Layer is a premium markets research provider, covering bitcoin through a global macro lens | Research, Analysis, & Education Featuring Nik Bhatia, author of the #1 Amazon bestseller Layered Money and USC Marshall School of Business professor. Subscribe to our research publication and YouTube channel to learn about global macroeconomics, bitcoin, Lightning Network, the monetary and financial system, the Federal Reserve, interest rates, and geopolitics. Most importantly, develop a framework for understanding global markets—connect the dots between economic and financial concepts to see the bigger picture. Look no further for your bitcoin and macro education!

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Avsnitt(291)

Bitcoin 2025 Recap: What the Crowd Proved, What the Price Shows

Bitcoin 2025 Recap: What the Crowd Proved, What the Price Shows

In this episode, Nik recaps Bitcoin 2025 in Las Vegas—where the energy wasn’t about price hype, but real-world adoption, corporate treasury interest, and global legitimacy. He shares conversations wit...

31 Maj 202519min

The Financial War Has Begun: Bitcoin, Stablecoins & the End of Eurodollars

The Financial War Has Begun: Bitcoin, Stablecoins & the End of Eurodollars

In this episode, Nik is joined by Kane McGukin, a traditional wealth manager and longtime Bitcoin writer. They break down the global financial war unfolding through treasuries, stablecoins, and Bitcoi...

24 Maj 202552min

Bitcoin Blows Past $110,000—This Is the Candlestick Masterclass You Asked For

Bitcoin Blows Past $110,000—This Is the Candlestick Masterclass You Asked For

In this episode, Nik breaks down Bitcoin’s explosive move past $110,000 through the lens of candlestick analysis. From foundational concepts to advanced signals, this full lesson in candle behavior us...

22 Maj 20251h 1min

Bitcoin’s Bull Run Is Built on Liquidity—As Long as Treasuries Stay Calm

Bitcoin’s Bull Run Is Built on Liquidity—As Long as Treasuries Stay Calm

In this episode, Nik breaks down the quiet force powering Bitcoin’s 2025 bull market: calm in the Treasury market. As bond volatility unwinds, risk assets are thriving. Nik explains how Bitcoin, as a ...

20 Maj 202522min

Bitcoin’s Financialized Bull Market: What’s Driving the Price in 2025

Bitcoin’s Financialized Bull Market: What’s Driving the Price in 2025

In this episode, Nik answers Demian’s questions about what’s driving Bitcoin’s price in 2025, as ETFs, options, and structured products reshape the bull market. With new pipes built for institutional ...

16 Maj 202547min

Bitcoin Is Now a Macro Asset—James Check Explains Why $150,000 Is Coming

Bitcoin Is Now a Macro Asset—James Check Explains Why $150,000 Is Coming

In this episode, Nik Bhatia sits down with James Check (Checkmate) to break down the latest shifts in Bitcoin market structure, sentiment, and investor behavior. They explore how the macro landscape a...

15 Maj 202545min

Bitcoin Is Opting Out. The Fed Is Just Holding the System Together.

Bitcoin Is Opting Out. The Fed Is Just Holding the System Together.

In this episode, Nik Bhatia and TBL Research Associate Demian Schatt unpack how the Federal Reserve actually influences the financial system—and who it serves. They discuss what happens mechanically w...

9 Maj 202533min

Bitcoin Mining Is Cleaning the Grid — Here’s the Truth

Bitcoin Mining Is Cleaning the Grid — Here’s the Truth

In this episode, Nik is joined by Bitcoin researcher Daniel Batten to unpack the latest Cambridge report on Bitcoin mining and energy. They reveal how years of misinformation—driven by central banks a...

7 Maj 202536min

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