Less Noise, More Signal

Pascal

Welcome to Less Noise, More Signal. In a world saturated with news, hype, and endless chatter, finding clarity can seem like searching for a needle in a haystack. I have taken on this challenge and made it my mission to cut through the noise by amplifying the signal. Who am I? I am Pascal Hügli. With a background in political philosophy, a career in investment management, and a deep expertise in Bitcoin and digital assets, I am here to explore the ideas and connections that others do not bother to see. It’s not just about finding the right answers; it’s about asking the right questions. In each episode, I interview the most insightful thinkers in their respective fields. Every guest contributes a vital piece to the puzzle, helping us form a clearer picture of the forces shaping our world of macro, finance, and money. Listen in as my guests and I tilt the balance from noise to signal, one podcast episode at a time. Let’s cut through the clutter and focus on what truly matters. Ready to elevate your understanding? Let’s dive in.

  1. 1 DAY AGO

    Trader legend Benjamin Cowen: All cycles ended after THIS happened

    In this conversation, Pascal Hugli and Benjamin Cowen delve into the current state of the cryptocurrency market, focusing on Bitcoin's support levels, historical trends, and the implications of September seasonality. They discuss investment strategies for Bitcoin versus altcoins, the divergence between gold and Bitcoin, and the potential impact of midterm elections on market dynamics. The conversation also covers portfolio management techniques, the relevance of market cycle indicators, and the outlook for Ethereum and other altcoins. Overall, the discussion provides valuable insights for investors navigating the complexities of the crypto landscape.    Chapters: 00:00 Intro 01:34 Market Dynamics: Bulls vs. Bears 02:52 Bitcoin's Support Levels and Market Predictions 06:05 September Seasonality: Historical Trends and Expectations 08:43 Bitcoin vs. Altcoins: Market Dominance and Investment Strategies 11:52 Bitcoin-Gold Divergence 15:03 S&P 500: Outlook 17:46 Political Influences: Midterm Elections and Market Behavior 20:38 Trading Strategies: Timing the Market for Q4 Rally 26:17 Ethereum's Role in Altcoin Performance 30:22 Solana and Altcoin Dynamics 32:10 Realistic Price Expectations for Altcoins 37:17 Navigating Market Cycles and Risk Management 40:00 Indicators and Market Top Predictions 43:07 Optimizing Crypto Portfolios with Modern Portfolio Theory   Follow Benjamin Cowen:  https://x.com/intocryptoverse  Visit Into the Cryptoverse and use code SEPT15 for 15% off for the month of September. https://intothecryptoverse.com/ Follow me:  Twitter - https://x.com/pahueg  Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8    Check out our sponsor:    mining.blockwaresolutions.com/lnms  Blockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! Get $100 off your first miner with discount code LNMS🔥    Bitcoin Book 👇  Order from Europe: https://www.amazon.de/dp/1967693013  Global: https://www.amazon.com/-/de/dp/B0F9W8Y283    Thank you for subscribing to our channel! We’re excited to have you with us!    #Bitcoin, #cryptocurrency, #markettrends, #investmentstrategies, #altcoins, #Ethereum, #S&P500, #economicindicators, #portfoliomanagement, #gold

    50 min
  2. 4 DAYS AGO

    Glassnode co-founder: The real bitcoin top was in July

    In this conversation, Pascal Hugli and Yann Allemann, co-founder of Glassnode and SwissBlock, discuss the current market environment for Bitcoin and altcoins, emphasizing the importance of liquidity and systematic strategies in trading. He explains how liquidity acts as a key indicator for market movements and the potential for future altcoin seasons. Yann also shares insights into the frameworks developed for analyzing market phases and signals, providing a comprehensive overview of the cryptocurrency landscape.    Chapters:  Chapters: 00:00 Intro 01:34 Introduction to Jan and Swissblock 05:10 Understanding Systematic Trading Strategies 09:52 Liquidity as a Key Indicator 13:09 Analyzing Bitcoin's Market Phases 24:09 On-Chain Indicators and Their Importance 34:21 Macro Analysis and Ecosystem Dynamics 36:01 Understanding Alt Season Dynamics 39:13 The Role of Ecosystem Flows 41:20 Macro Influences on Bitcoin and Altcoins 44:03 Identifying High Beta Plays in Ethereum 47:13 Analyzing Market Trends and Liquidity 51:53 Navigating the Current Market Cycle   Follow Yann Allemann:  https://x.com/Negentropic_    Follow me:  Twitter - https://x.com/pahueg  Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8    Check out our sponsor:    mining.blockwaresolutions.com/lnms  Blockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! Get $100 off your first miner with discount code LNMS🔥    Bitcoin Book 👇  Order from Europe: https://www.amazon.de/dp/1967693013  Global: https://www.amazon.com/-/de/dp/B0F9W8Y283    Thank you for subscribing to our channel! We’re excited to have you with us!    #Bitcoin, #liquidity, #altcoinseason, #marketanalysis, #systematicstrategies, #Glassnode, #SwissBlock, #cryptocurrency, #economicsystems, #tradingstrategies

    1h 7m
  3. 28 AUG

    Market structure expert Tyler Neville: Welcome to Weimar America

    In this conversation, Pascal Hugli and Tyler Neville, a macro expert and market structure analyst, discusses the current state of the financial system, which he refers to as 'Weimar America.' They explore the implications of government policies, market structures, and the role of buybacks in corporate strategies. Tyler shares his insights on managing risk in the short term while maintaining a long-term bullish outlook. The discussion also delves into the geopolitical landscape, the future of markets, and the potential of Bitcoin as a store of value amidst ongoing economic challenges. Chapters: 00:00 Intro 01:37 Weimar America: The State of the Financial System 09:50 Tyler Neville: Insights from a Macro Expert 19:54 The Evolution of Macro Perspectives 29:50 Market Structures and Risk Management 39:30 The Role of Buybacks and Corporate Strategies 49:52 Geopolitical Implications and the Future of Markets 59:38 Bitcoin: The Future of Value and Market Cycles Follow Tyler Neville: https://x.com/Tyler_Neville_ Follow me:  Twitter - https://x.com/pahueg Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8 Check out our sponsor: mining.blockwaresolutions.com/lnms Blockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! Get $100 off your first miner with discount code LNMS🔥 Bitcoin Book 👇 Order from Europe: https://www.amazon.de/dp/1967693013 Global: https://www.amazon.com/-/de/dp/B0F9W8Y283 Thank you for subscribing to our channel! We’re excited to have you with us! #WeimarAmerica, #macroeconomics, #financialmarkets, #Bitcoin, #marketstructure, #riskmanagement, #buybacks, #geopoliticalimplications, #inflation, #corporatestrategies

    1h 10m
  4. 21 AUG

    Macro thinker Mel Mattison: The next big driver of this bubble is unlocking financing in US housing

    In this conversation, Mel Madison and Pascal Hügli discuss the current economic landscape, focusing on the impact of AI and fiscal initiatives, the significance of tariffs, and the dislocation between financial markets and the real economy. They explore the role of AI in driving economic growth, the dynamics of the housing market, and the implications of energy costs on inflation. Additionally, Mel shares insights on market cycles, interest rates, and the influence of MMT principles on government spending. The conversation concludes with a discussion on investment strategies and the potential for energy bottlenecks to affect future economic growth. Chapters: 00:00 Intro 01:49 The Economic Landscape: AI and Fiscal Initiatives 03:02 Tariffs and Their Impact on the Economy 12:00 Dislocation Between Financial Markets and the Real Economy 21:40 Cycle Theory and Liquidity 25:55 The Reality of Fatalistic bullishnesss 29:10 Unlocking the US Housing Market  38:45 Inflation Dynamics and Rate Cuts 45:35 The Farce of Fed Independence 56:03 MMT Analysis and Libertarian Principles 01:05:35 The Energy Bottleneck and Its Implications 01:12: 23 Mel's Personal Investment Strategies Follow Mel Mattison: https://x.com/melmattison1 Follow me:  Twitter - https://x.com/pahueg Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8 Check out our sponsor: https://mining.blockwaresolutions.com/lnms Blockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! Get $100 off your first miner with discount code LNMS🔥 Bitcoin Book 👇 Order from Europe: https://www.amazon.de/dp/1967693013 Global: https://www.amazon.com/-/de/dp/B0F9W8Y283 Thank you for subscribing to our channel! We’re excited to have you with us! #AI, #tariffs, #economy, #inflation, #housingmarket, #interestrates, #MMT, #energycosts, #investmentstrategies, #financialmarkets

    1h 16m
  5. 14 AUG

    Head Strategist at Tether Gabor Gurbacs: We are rebuilding the entire capital market stack

    In this conversation, Gabor Gurbache and Pascal Hugli discuss Tether's evolution towards a comprehensive capital market structure, emphasizing the importance of tokenization and Bitcoin's role in creating a more efficient financial system. They highlight the challenges of traditional financial markets, the impact of regulation on stablecoins, and the future of asset ownership in a digital world. Chapters: 00:00 Intro 01:54 Tether's Vision for Capital Markets 10:00 The Role of Bitcoin in New Financial Structures 19:57 Tokenization and Its Impact on Financial Systems 29:26 Regulatory Landscape and Its Implications for Stablecoins Follow Gabor Gurbacs: https://x.com/gaborgurbacs Follow me:  Twitter - https://x.com/pahueg Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8 Check out our sponsors: mining.blockwaresolutions.com/lnms Blockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! Get $100 off your first miner with discount code LNMS🔥 https://newhedge.io/ Newhedge is an analytics and intelligence platform for all the Bitcoin data you need! Get 50% off your subscription by using the code "Signal"! 🔥 Bitcoin Book 👇 Order from Europe: https://www.amazon.de/dp/1967693013 Global: https://www.amazon.com/-/de/dp/B0F9W8Y283 Thank you for subscribing to our channel! We’re excited to have you with us! #Tether, #capitalmarkets, #Bitcoin, #tokenization, #stablecoins, #financialsystems, #regulation, #Hedron, #digitalassets, #investment

    43 min
  6. 7 AUG

    Climate tech investor Daniel Batten: Bitcoin is absolutely critical to the green energy transition

    In this conversation, Daniel Batten and Pascal Hugli discuss the critical role of Bitcoin mining in the green energy transition, debunking myths surrounding its environmental impact. They draw parallels between Bitcoin and other disruptive technologies, emphasizing its potential to solve pressing climate issues. Batten highlights Bitcoin's social utility, particularly in empowering underserved communities, and addresses concerns about governance and decentralization. They conclude by encouraging a broader understanding of Bitcoin as a neutral technology that can be harnessed for positive change.   Chapters: 00:00 Intro 01:44 Bitcoin Mining: A Critical Component of Green Energy Transition 09:53 Debunking Myths: The Truth About Bitcoin and Energy 19:37 Disruptive Technologies: Bitcoin's Place in History 29:37 Bitcoin's Role in Climate Solutions 39:25 The Social Impact of Bitcoin: Empowering the Underserved 49:17 Governance and Decentralization in Bitcoin 59:05 The Future of Bitcoin: Opportunities and Challenges   Follow Daniel Batten: https://x.com/dsbatten   Follow me:  Twitter - https://x.com/pahueg Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8   Check out our sponsors:   mining.blockwaresolutions.com/lnms Blockware is a Mining-as-a-Service platform that makes it easy for anyone to start mining Bitcoin straight from home! 🔥   https://newhedge.io/ Newhedge is an analytics and intelligence platform for all the Bitcoin data you need! Get 50% off your subscription by using the code "Signal"! 🔥   Bitcoin Book 👇 Order from Europe: https://www.amazon.de/dp/1967693013 Global: https://www.amazon.com/-/de/dp/B0F9W8Y283   Thank you for subscribing to our channel! We’re excited to have you with us!   #Bitcoin, #mining, #greenenergy, #climatesolutions, #disruptivetechnology, #socialimpact, #governance, #decentralization, #ESG, #renewableenergy, #trading, #cryptocurrency

    1h 20m
  7. 31 JUL

    Mexican billionaire Ricardo Salinas: Bitcoin is like your house - just see its value go up!

    In this conversation, Ricardo Salinas and Pascal Hugli discuss the transformative potential of Bitcoin, likening it to digital gold and emphasizing the importance of education in achieving financial freedom. He shares insights on corporate strategies for Bitcoin investment, the implications of government involvement, and his libertarian views on state power. Salinas also highlights the significance of continuous education and social initiatives aimed at fostering understanding of Bitcoin. He reflects on the lessons learned from his entrepreneurial journey and offers advice to the Bitcoin community regarding privacy and investment strategies.   Chapters: 00:00 Intro 01:44 The Rise of Bitcoin as Digital Gold 02:57 The Role of Education in Financial Freedom 05:45 Corporate Strategies and Bitcoin 08:52 Government Involvement and Bitcoin 11:54 Libertarian Views on State and Freedom 14:45 The Importance of Continuous Education 17:41 Social Initiatives and Bitcoin Education 20:44 Bitcoin's Impact on Personal Freedom 23:32 Lessons from Entrepreneurship 26:32 Future of Bitcoin and Community Advice   Follow Ricardo Salinas: https://x.com/RicardoBSalinas   Follow me:  Twitter - https://x.com/pahueg Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8   Check out our sponsor Newhedge: https://newhedge.io/ Newhedge is an analytics and intelligence platform for all the Bitcoin data you need! Get 50% off your subscription by using the code "Signal"! 🔥   Bitcoin Book 👇 Order from Europe: https://www.amazon.de/dp/1967693013 Global: https://www.amazon.com/-/de/dp/B0F9W8Y283 Thank you for subscribing to our channel! We’re excited to have you with us!   #Bitcoin, #financialfreedom, #education, #corporatetreasury, #government, #libertarianism, #entrepreneurship, #socialinitiatives, #personalfreedom, #investment

    33 min
  8. 24 JUL

    Michael Howell on GENIUS Act: Stablecoin adoption could mean slower credit growth

    In this conversation, Michael Howell and Pascal Hügli explore the late stages of the current liquidity cycle, noting how policymakers are working to extend it by injecting more liquidity. They examine how a weakening dollar supports global liquidity, the relevance of the MOVE index, and how Treasury Secretary Scott Bessent aims to shorten duration—despite criticizing his predecessor, Janet Yellen. The discussion also covers the role of stablecoins in the U.S. debt landscape, why they differ from the eurodollar market, and how their adoption could inhibit bank credit growth. Finally, they consider how these developments point toward a Modern Monetary Theory (MMT) framework. Chapters: 00:00 Intro 02:33 Liquidity Moves in Cycled 07:11 The Role of Debt in Financial Markets 14:02 Late Stage Liquidity Cycle 19:50 How Dollar Weakness Help Liquidity 26:04 Asset Allocation in High Liquidity Environment 32:34 Navigating Fiscal Challenges and Debt Management 36:08 The Role of the Federal Reserve in Liquidity 39:18 The Impact of Political Dynamics on Monetary Policy 46:46 The Emergence of Stablecoins and Their Implications 52:57 The Transformation of Banking and Credit Creation 57:27 Investing in a World of Monetary Inflation Follow Michael Howell: https://x.com/crossbordercap Follow me:  Twitter - https://x.com/pahueg Nostr - npub1qhx7lnggpv64f0wt5xyjj7h90qh5ewu35pspr66sj8alc4gvcfjqqn04l8 Check out our sponsor Newhedge: https://newhedge.io/ Newhedge is an analytics and intelligence platform for all the Bitcoin data you need! Get 50% off your subscription by using the code "Signal"! 🔥 Bitcoin Book 👇 Order from Europe: https://www.amazon.de/dp/1967693013 Global: https://www.amazon.com/-/de/dp/B0F9W8Y283 Thank you for subscribing to our channel! We’re excited to have you with us! #Liquidity #Stablecoins #MonetaryInflation #AssetAllocation #DebtRefinancing #FinancialMarkets #CentralBanks #EconomicStability #Collateral #InvestmentStrategies #GeniusAct #Genius #Bitcoin #BTC #Gold #InflationHedges #Hedges #MMT #FiscalDominance #Fiscal #Banks #CreditCreation

    1h 2m

About

Welcome to Less Noise, More Signal. In a world saturated with news, hype, and endless chatter, finding clarity can seem like searching for a needle in a haystack. I have taken on this challenge and made it my mission to cut through the noise by amplifying the signal. Who am I? I am Pascal Hügli. With a background in political philosophy, a career in investment management, and a deep expertise in Bitcoin and digital assets, I am here to explore the ideas and connections that others do not bother to see. It’s not just about finding the right answers; it’s about asking the right questions. In each episode, I interview the most insightful thinkers in their respective fields. Every guest contributes a vital piece to the puzzle, helping us form a clearer picture of the forces shaping our world of macro, finance, and money. Listen in as my guests and I tilt the balance from noise to signal, one podcast episode at a time. Let’s cut through the clutter and focus on what truly matters. Ready to elevate your understanding? Let’s dive in.

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