Is The Market Bottom In? The DeFi Report's Michael Nadeau on H2 2026 and Where He's Deploying

<p>Michael Nadeau is the Founder of The DeFi Report.</p><p>Is the market bottom in? Michael isn&#39;t sure, but he&#39;s deploying anyway.</p><p>In this episode, Michael walks us through his H2 2026 outlook using onchain data and market structure analysis. We cover why classic BTC top indicators never triggered this cycle, and why he&#39;s been buying below $65K while still unsure the lows are fully in. We discuss why application layer tokens could be the big winners next bull run, why fast DeFi protocols hold a place in his portfolio, and how to think about getting long the tokenization of all assets.</p><p>------<br>💎 THIS EPISODE'S SPONSORS</p><p>🔒 <a href="https://kpk.io/" target="_blank" rel="ugc noopener noreferrer"> KPK</a> | Best risk-adjusted yield through automated vaults<br /></p><p>🏦 <a href="https://app.axis.to/origin/EDGE" target="_blank" rel="ugc noopener noreferrer"> AXIS</a> | The Origin Vault launches on Ethereum on July 29th<br /></p><p>🌐 <a href="https://link.re.xyz/the-edge-1" target="_blank" rel="ugc noopener noreferrer"> RE</a> | Earn real yield backed by regulated reinsurance programs<br /></p><p>🟠 <a href="https://apyx.fi/" target="_blank" rel="ugc noopener noreferrer"> APYX</a> | The first dividend-backed stablecoin (DBS)<br /></p><p>🌏<a href="https://mantle.xyz" target="_blank" rel="ugc noopener noreferrer"> MANTLE</a> | The world’s premier RWA distribution layer<br /></p><p>🐡<a href="https://institutional.puffer.fi/" target="_blank" rel="ugc noopener noreferrer"> PUFFER INSTITUTIONAL</a> | ETH staking solutions for scale<br /></p><p>⚔️ <a href="https://katana.network/" target="_blank" rel="ugc noopener noreferrer">KATANA</a> | Deep liquidity &amp; real yield<br /></p><p>------<br>⏱️ TIMESTAMPS</p><p>0:00 - Intro<br>1:50 - From accounting to building The DeFi Report<br>5:20 - The elevator pitch for crypto in 2026<br>8:46 - What to expect for crypto in the second half of 2026?<br>13:52 - Is the market bottom in? Why Michael’s buying below $65k BTC<br>19:13 - What’s different this bear market?<br>23:43 - Why classic BTC top indicators never triggered?<br>28:10 - App layer tokens could be big winners next bull run<br>35:50 - What is fast DeFi and why Michael likes PUMP<br>45:00 - Why Michael bought ENA<br>49:30 - How Michael ended up with LIT vs HYPE<br>59:00 - Key themes in Michael’s portfolio<br>1:04:20 - How to get long the tokenization of all assets<br>1:09:09 - What are the best ways to lose money in crypto?<br>1:15:06 - $1M price target for BTC and why it’s a portfolio anchor<br>1:18:40 - Closing</p><p>------<br>🔗 GUEST LINKS</p><p>► The DeFi Report (one month free): https://thedefireport.io/friends<br>► The DeFi Report on X: https://x.com/the_defi_report<br>► Michael Nadeau on X: https://x.com/JustDeauIt</p><p>------<br>🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER</p><p>► Newsletter: https://the-edge.xyz<br>► Apple: https://tinyurl.com/edgepod<br>► Spotify: https://tinyurl.com/edgepodspotify<br>► Linktree: https://linktr.ee/edge_pod<br>► Follow DeFi Dad: https://x.com/DeFi_Dad<br>► Follow Nomatic: https://x.com/Nomaticcap<br>► Learn DeFi: http://defidad.com/</p><p>------<br>DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.</p>