Today’s episode spans turbulence in crypto markets, accountability in consumer software, and a broader pullback across financial markets as winter weather impacts large parts of the United States. Alex and Morgan connect how volatility, transparency, and execution are shaping early 2026.

The discussion opens with Bitcoin, which fell to a 16-month low amid heavy selling pressure. The hosts explore what’s driving renewed weakness in crypto prices and how macro uncertainty continues to weigh on risk assets. In contrast to the market downturn, TRM Labs reached a $1 billion valuation, highlighting sustained demand for tools that combat crypto-related crime, fraud, and money laundering. Alex and Morgan discuss how compliance and enforcement infrastructure is beco ...