Are prediction markets killing altcoins? | Scott Melker
Altcoins have lost the plot with Scott Melker.
May 28, 2026
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ABOUT
In today's Markets Outlook, Scott Melker, Host of Wolf of All Streets, tells CoinDesk's Jennifer Sanasie why altcoins have lost the plot, what's really driving the weird market we're all feeling, and why Bitcoin is still the only bet he's making long-term. Plus: are prediction markets, tokenized equities, and "private Bitcoin" just hype?
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Timecodes:
00:00 - Scott Melker Joins Markets Outlook
01:38 - Why Bitcoin Is Underrated
03:59 - Is Crypto Recreating the System It Was Built to Fight?
06:08 - Scott’s Bitcoin Origin Story
08:04 - Why This Market Feels Impossible to Read
10:07 - How Prediction Markets Killed the Altcoin Casino
13:33 - Teaching His Kids About Bitcoin and AI in a Complicated World
16:22 - AI Tokens and Zcash Outlook
18:33 - Zcash as Privacy Bitcoin: “It Makes Me Want to Puke”
19:46 - Scott's Bitcoin Price Outlook for the Rest of the Year
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This episode was hosted by Jennifer Sanasie.
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