Markets Ripping, Bitcoin All-Time High, & What's the Trade?

Gm! This week, we dig into Uptober, Bitcoin hitting all-time highs, and what's next for markets. We also dig into BTC vs gold, if Bitcoin calls are the best trade, and the surge in speculative appetite that’s now spilling into alts and equities like Galaxy and Zcash. Enjoy! – Go follow the new 1000x feed to keep up to date with all new episodes! Spotify: https://bit.ly/4676Sob  Apple: https://bit.ly/4etlBMd  – Follow Avi:  https://x.com/AviFelman  Follow Jonah:  https://x.com/jvb_xyz  Follow 1000x:  https://x.com/1000xPod.  Join the 1000x Telegram: https://t.me/+fz-2f0cwC6o0MWNh Join us at Digital Asset Summit in London October 13-15. Use code 1000x200 for £200 OFF https://blockworks.co/event/digital-asset-summit-2025-london  – Kraken Custody delivers secure, qualified custody for institutions and HNWI clients. With multi-layer security and SOC 2 Type II completed, client assets stay safe, fully segregated, and always under your control. Trade, stake, and transfer directly from qualified custody through seamless integration with Kraken Prime. Built for institutions that demand performance, compliance, and control. Learn more: https://www.kraken.com/institutions/custody Availability of products may vary by jurisdiction. Not investment advice. Custody services are offered through Kraken Financial, a Wyoming-chartered Special Purpose Depository Institution.Kraken Financial is not an FDIC-insured bank and deposits are neither insured by nor subject to the protections of the FDIC.Crypto trading involves risk of loss. View legal disclosures at kraken.com/legal/disclosures. – peaq, the Machine Economy Computer, proudly sponsors the 1000x podcast.  peaq is home to 60+ apps across 20+ industries and millions of onchain devices, machines, and robots.  It powers the world’s first tokenized robo-farm in Hong Kong and has launched the Machine Economy Free Zone in Dubai as an innovation hub for Web3, Robotics, and AI. For more about peaq, check out www.peaq.xyz – Katana directs chain revenue back to DeFi users for consistently higher yields. It starts with VaultBridge, which turns bridged assets into yield streams that back a perpetually funded real yield, boosting rewards for DeFi users. Katana is pioneering Productive TVL, assets actually being used in DeFi and reinforces this with Chain-owned Liquidity, permanent liquidity the chain controls. Stop sleeping on your bags: https://app.katana.network/?utm_source=BW-Pod – Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ – Timestamps: 00:00 Welcome to Uptober 04:27 Respect the Breakout 09:15 Bitcoin vs Gold 15:30 This Rally Has Legs 17:26 Ads (Kraken, Peaq, Katana) 18:52 Is it Finally Alt Season? 25:22 Anything Better Than BTC? 28:52 Don’t Sleep on Galaxy 34:22 Sizing is Everything 38:47 Diversification vs Concentration 41:17 Ads (Kraken, Peaq, Katana) 43:20 How & When to Take Risk 48:51 Is Bitcoin Vol the Trade? 55:11 Final Thoughts – Disclaimer: Nothing said on 1000x 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. Avi, Jonah and our guests may hold positions in the companies, funds, or projects discussed.