Everything James McDowell said on any show that made the record, most notable first. Each card names its show and opens the statement there.
McDowell predicts the US will build a strategic Bitcoin reserve
“If America start building a strategic Bitcoin reserve, which I think they will, they probably already have, right? And they're talking about it now, who knows how long they've been buying for.”
McDowell predicts peak cycle prices: BTC $150k, ETH $10k, SOL $700
“I think realistic targets for this cycle, Bitcoin, a hundred and 150 K Ethereum, probably 10 K plus Solana could go to six, 700.”
McDowell: Indian Web3 Market Saturated and Declined in Quality After 2021
“So India was great back in sort of 20, 20, 21, and then it got a bit saturated and the quality dropped like all these speculative hype cycles. The quantity of stuff coming out goes up and the quality drops and you step back a little bit and say, this is a bit …”
McDowell: China still controls a significant share of Bitcoin mining
“And a lot of the mining activity is controlled by China, although it's officially banned. It is there.”
McDowell: Arcanum's $900M public portfolio company will surpass a $1B valuation
“So already got one that nearly hit unicorn. So we were actually the very first check in at. And it hit nine hundred million on the public markets just recently. We expected to go beyond a billion.”
Arcanum secured a multi-billion dollar corporate first-time LP for Fund II
“We've just secured a very prolific investor in the second fund. There should be a press release going out in the next week or two, but until the bunny hits, I can't really announce it yet, but you keep an eye out for that. It's quite big news. We're the first …”
McDowell: Arcanum raised $12M and deployed across 44 projects in six months
“So we raised about twelve million dollars and deployed that over the space of about six months. There was a lot of deal flow, 20, 20 and 20, 21. Was what we would say that is the last cycle before the one that we're in now. So we raised that fund towards the e…”
Ubisoft and Square Enix followed Arcanum into a Web3 gaming investment
“Another one, we had Ubisoft and Square Enix, the two gaming goliaths actually followed us into that.”
McDowell: Arcanum Capital wrote the first check into Puffer Finance
“Unicorn project or soon to be, I hope that we were the first check into that was Puffer Finance and they are doing what's called liquid restaking for Ethereum.”
Puffer Finance hit $1B TVL within two weeks of launch
“And so, yeah, that they hit a billion in total value locked very quickly. And I think in like the first week or two of launch.”
McDowell: Arcanum Capital's second fund targets AI-blockchain convergence
“There's a huge opportunity at the intersection of AI and blockchain, so that's one of our themes for our second fund as well.”