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Less Noise, More Signal

Pascal
Bitcoin
Inflation
Corporate Governance
Amazon
Microsoft
Shareholder Proposals
Shareholder Value
ESG (environmental, Social, and Governance)
Blackrock
Ethereum
Microstrategy
Structured Finance
Meme Coins
Trump Coin
Decentralized Finance (defi)
Lending
De-Banking
Cryptocurrency Market
Crypto Market
Investment Strategies

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’ve taken on this challenge and made it my mission to cut through the noise by amplifying the signal.

Who am I? I’m Pascal Hügli. With a background in political philosophy, a career in investment management, and a deep expertise in Bi... more

PublishesWeeklyEpisodes101Founded2 years ago
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InvestingEducationBusiness

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Artwork for Less Noise, More Signal

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In this episode, dive into a comprehensive discussion on modern monetary theory, macroeconomic modeling, and how fiscal flows influe... more

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In this episode, Pascal Huegli and global strategist Michael Every share their contrarian perspective on the collapsing liberal world order, recent geopolitical developments, and implications for markets. Dive into the complex web of economic statecr... more

In this episode, Pascal Huegli and Michael Nadeau -- founder of the DeFi Report, delve into the complexities of crypto markets amidst macroeconomic uncertainties. They talk about how geopolitical tensions and monetary policy shifts are influencing Bi... more

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Recent Guests

Michael Nadeau
Founder of The DeFi Report
The DeFi Report
Episode: How Smart Investors Are Playing this Bitcoin Bear Market
Gabriel Selby
Head of Research at CF Benchmarks
CF Benchmarks
Episode: This textbook indicator will tell you when Bitcoin has bottomed
Andre Dragosch
A German finance expert with 10+ years in portfolio management and research
Independent/Finance
Episode: Institutional Investor: Here’s Where I Was Wrong About Bitcoin
Joe Burnett
Vice President of Bitcoin Strategy at Strive
Strive
Episode: Do we need Bitcoin in the coming age of super abundance?
Lawrence H. White
Professor and senior fellow at the Cato Institute's Center for Monetary and Financial Alternatives; author of books on banking and monetary matters
Cato Institute
Episode: You’ve Been Lied To About the Bitcoin Standard
Iva Avi
Elliott Wave Analyst and Web3 product engineer, founder of Event Horizon Labs
Event Horizon Labs
Episode: AI Agents Sound Smart. Are They Actually Useful?
Capital Flows
Guest persona associated with discussions on liquidity and cross-border capital
Cross Border Capital (via Michael Howell)
Episode: Where will the marginal liquidity come from in 2026? (w/ Michael Howell & Capital Flows)
Vincent Deluard
Director of Global Macro Strategy at StoneX, macro economist
StoneX
Episode: Why your money gets debased hard in 2026 (w/ Vincent Deluard)
Danny Dayan
Global macro investor and author of Macro Musings
Macro Musings / Substack
Episode: The Fed will have to raise rates soon (w/ Danny Dayan)

Host

Pascal Hügli
Host with a background in political philosophy and investment management, with expertise in Bitcoin and digital assets.

Reviews

5.0 out of 5 stars from 11 ratings
  • One of my favourite bitcoin & macro podcasts

    This is definitely one of my most favourite bitcoin & macro podcasts with constantly great guests and relevant content. Tend to listen into it at least once per month because almost every single episode is a must-listen. Pascal is an amazing host and you can easily tell that he is one of the most talented interviewers in the space. Can only recommend following Less Noise More Signal.

    Apple Podcasts
    5
    André Dragosch
    Germanya month ago

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#59
Denmark/Business/Investing
Apple Podcasts
#136
Singapore/Business/Investing
Apple Podcasts
#184
Denmark/Business

Talking Points

Recent interactions between the hosts and their guests.

How Smart Investors Are Playing this Bitcoin Bear Market
Q: Where do you see Bitcoin bottoming within this cycle, and what indicators do you rely on most?
I look at cycle-aware KPIs like the long-term holder supply in profit, the 200-week moving average proximity, and the market value to realized value metric. When these indicators hit historical lows or near-deep-value zones, they often precede a durable bottom and set the stage for stronger forward returns, especially when combined with macro liquidity signals.
This Is How Low Bitcoin Could Fall (Not What You Think)
Q: Is there any momentum indicator that could have signaled the move lower to 60k in advance?
Yes. Several momentum indicators, including diminishing MACD, Alpha Flow signals, and rate-of-change measures, showed weakening momentum well before the price bottomed, suggesting downside risk was rising even as prices moved lower.
The Fed will have to raise rates soon (w/ Danny Dayan)
Q: What is your view on how far inflation will run and what the Fed will do?
Inflation will likely re-accelerate; the Fed will have to tighten, possibly signaling higher rates and a tighter stance despite market expectations, to prevent a broader price resurgence.
Macro is very constructive moving into 2026 (w/ Ram Ahluwalia)
Q: How do you view Bitcoin's role and how to approach it strategically?
Bitcoin should be managed with a trend-following approach rather than hodling; it behaves as an attention/momentum asset that can rally during macro or financial stress and benefit from global monetary dynamics, with a preference for owning leaders in the space and using market timing strategies to enter when trends are favorable.
Macro is very constructive moving into 2026 (w/ Ram Ahluwalia)
Q: What about AI productivity and the so-called bubble in AI stocks?
Productivity growth from AI is evident in the data; firms benefiting from AI include cloud providers and Fortune 500 adopters, while the risk of an AI bubble is more nuanced, with a bubble in private markets and OpenAI valuation, but the broader AI-enabled productivity story remains intact in many legacy software and services players.

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Frequently Asked Questions About Less Noise, More Signal

What is Less Noise, More Signal about and what kind of topics does it cover?

This podcast offers a deep exploration into the intersection of finance, macroeconomics, and the evolving landscape of digital assets. It features engaging conversations with leading experts who scrutinize contemporary financial themes, such as stablecoins, Bitcoin, and the implications of artificial intelligence on economic dynamics. Central to the discussions is a commitment to cutting through the prevalent noise in today's media, favoring insightful analysis that seeks to elucidate complex systems rather than simply reiterate popular trends. Listeners can expect to gain a richer understanding of how these influences shape global finance and market behaviors, providing a much-needed clarity in a world overwhelmed by competing narratives.

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These podcasts share a similar audience with Less Noise, More Signal:

1. Forward Guidance
2. What Bitcoin Did
3. TFTC: A Bitcoin Podcast
4. The Pomp Podcast
5. Coin Stories with Natalie Brunell

How many episodes of Less Noise, More Signal are there?

Less Noise, More Signal launched 2 years ago and published 101 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Less Noise, More Signal?

Recent guests on Less Noise, More Signal include:

1. Michael Nadeau
2. Gabriel Selby
3. Andre Dragosch
4. Joe Burnett
5. Lawrence H. White
6. Iva Avi
7. Capital Flows
8. Vincent Deluard

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