Uploaded August 2026 | Updated September 2026, 3 weeks ago
In the midst of panic and confusion, Drinks with Raoul returns with a much-needed voice of reason. This comes at a critical time: crypto is getting crushed, fear is everywhere, and the timeline is full of noise.
Raoul Pal cuts through the chaos with an urgent update on what’s really driving the market selloff. He’ll walk you through the broader macro picture, where we are in the business cycle, and what the extended cycle theory tells us about what’s next. This is about zooming out, understanding the structure beneath the surface, and staying focused while others lose their heads.
Expect alpha, clarity, and yes — some snobby snacks and wine talk to take the edge off. If you need perspective, you’ll find it here.
Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries.
Connect with me:
Twitter (X): twitter.com/RaoulGMI
Instagram: instagram.com/raoulgmi
LinkedIn: linkedin.com/in/raoul-pal-real-vision
My other work:
Real Vision: rvtv.io/3LHYIaH
Global Macro Investor: globalmacroinvestor.com
The Exponentiliast https://realvision/thefuture
EXPAAM: expaam.com
Disclaimer: media.realvision.com/wp/20231004185303/Disclaimer-1.pdf
#raoulpal #crypto #macro #realvision #ama #sol #bitcoin #ethereum #technology #financialeducation #financialmarkets #drinkswithraoul #liveama #ama #bitcoininsights #macroinsights #fed #ratescut #interestrates #liquidity #thefed #fed2024 #rates #fomc #fedmeeting #rocketlabs #tesla #sui #solana #btc #btctoday #btcnews #bitcointoday #bitcoinprice
In the midst of panic and confusion, Drinks with Raoul returns with a much-needed voice of reason. This comes at a critical time: crypto is getting crushed, fear is everywhere, and the timeline is full of noise.
Raoul Pal cuts through the chaos with an urgent update on what’s really driving the market selloff. He’ll walk you through the broader macro picture, where we are in the business cycle, and what the extended cycle theory tells us about what’s next. This is about zooming out, understanding the structure beneath the surface, and staying focused while others lose their heads.
Expect alpha, clarity, and yes — some snobby snacks and wine talk to take the edge off. If you need perspective, you’ll find it here.
Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries.
Connect with me:
Twitter (X): twitter.com/RaoulGMI
Instagram: instagram.com/raoulgmi
LinkedIn: linkedin.com/in/raoul-pal-real-vision
My other work:
Real Vision: rvtv.io/3LHYIaH
Global Macro Investor: globalmacroinvestor.com
The Exponentiliast https://realvision/thefuture
EXPAAM: expaam.com
Disclaimer: media.realvision.com/wp/20231004185303/Disclaimer-1.pdf
#raoulpal #crypto #macro #realvision #ama #sol #bitcoin #ethereum #technology #financialeducation #financialmarkets #drinkswithraoul #liveama #ama #bitcoininsights #macroinsights #fed #ratescut #interestrates #liquidity #thefed #fed2024 #rates #fomc #fedmeeting #rocketlabs #tesla #sui #solana #btc #btctoday #btcnews #bitcointoday #bitcoinprice










![Inside the Next Phase of Crypto: Liquidity, Tokens & Institutions | Raoul Pal the Journey Man
Raoul welcomes back Tom Farley, CEO of Bullish, to break down how his journey from running the NYSE to leading Bullish shaped his conviction that crypto’s next phase is institutional, driven by regulation, liquidity, and market structure. Tom argues that tokenization and blockchain-based finance will transform global markets by improving efficiency, access, and capital formation, despite regulatory hurdles and slow adoption. Recorded April 6, 2026.
Todays Episode is brought to you by Figure Markets. (https://figuremarkets.co/realvision )
Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan , allowing you to borrow against your BTC, ETH, or SOL with 12-month terms, 8% interest rates, and no prepayment penalties. Or check out Democratized Prime and earn ~9% APY on RWAs.
Unlock your crypto’s potential today at Figure and claim your $50! https://figuremarkets.co/realvision
Disclosures
Figure Lending LLC dba Figure. Equal Opportunity Lender.
NMLS 1717824. Terms and conditions apply.
This May 5–7, join Real Vision CEO Raoul Pal at Consensus Miami with 20,000+ decision-makers from the White House, Wall Street, and Web3. From crypto at scale to institutional integration and agentic commerce, the conversations shaping what’s next happen here. Save 20% with code RAOUL at https://consensus.coindesk.com/register/?promo=RAOUL&utm_campaign=RealVision_Newsletter&utm_content=c26&utm_medium=marketing&utm_source=RealVision&utm_term=paid&utm_id=c26
Abra provides custody, trading, yield and BTC-backed loan products for digital assets for HNW and corporate clients. Abra provides full service treasury management for digital asset treasuries and corporations. Buy and hold digital assets in segregated accounts with multi-sig security. Abra is hosting a webinar on April 9. Sign up here [www.realvision.com/abrawebinar]
🔥 *Download Raoul Pals 4-year investing roadmap for free:* https://rvtv.io/41fVHW
Timestamps:
00:00 - Coming Up on Raoul Pal, The Journey Man
00:50 - Abra Sponsor Read
01:52 - Roul Pal Introduction to Tom Farley, CEO of Bullish
02:42 - Concensus Sponsor
03:24 - Figure Sponsor
04:20 - Raoul Pal, The Journey Man Sting
04:40 - Why This Market Cycle Feels Different
07:05 - The AI Boom and Capital Spending Explosion
11:00 - How AI Is Driving Productivity and Growth
15:10 - Earnings Expansion vs Liquidity Cycles
19:05 - Interest Rates, Inflation, and Policy Risks
23:00 - Market Leadership and Sector Rotation
27:10 - Where Investors Are Positioned Wrong
31:20 - The Biggest Risks to the AI Narrative
35:40 - Valuations, Multiples, and Market Expectations
40:10 - Crypto, AI, and Network Effects Colliding
45:00 - Portfolio Strategy for the Next Cycle
50:30 - Final Outlook: What Happens Next in Markets
Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries.
Connect with me:
Twitter (X): https://twitter.com/RaoulGMI
Instagram: https://www.instagram.com/raoulgmi/
LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/
My other work:
Real Vision: https://rvtv.io/3LHYIaH
Global Macro Investor: https://globalmacroinvestor.com
The Exponentialist: https://realvision.com/thefuture
EXPAAM: https://expaam.com
Connect with Real Vision™:
Twitter: https://rvtv.io/twitter
Instagram: https://rvtv.io/instagram
Get a FREE membership: https://rvtv.io/3Y4t5Pw
Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf
#raoulpal #crypto #macro #macroeconomics #cryptocurrency #cryptonews #blockchain #web3 #nft #nfts #btc #eth #btcnews #bitcoin #bitcoinnews #bitcointoday #cryptotrading #cryptoinsights #cryptotips #cryptoinsights #macroinsights #realvision #solana #sol #solanasol #altcoins #bitcoinnews #btctoday #btcnews #sui #suicrypto #ethnews Inside the Next Phase of Crypto: Liquidity, Tokens & Institutions | Raoul Pal the Journey Man](https://i.ytimg.com/vi/R1mOwqpQAb0/mqdefault.jpg)