RadCasts

Finding true value in the downturn with Galaxy Head of Credit Trading Beimnet Abebe.

In today's Markets Outlook, CoinDesk's Andy Baehr is joined by Galaxy Head of Credit Trading Beimnet Abebe to diagnose the major causes of the recent crypto market downturn, including massive profit taking by whales, technical breakdowns, and investor fatigue from recent frenzies. Plus, they discuss where true value lies in the current market and what future liquidity improvements might mean for risk management.

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This episode was hosted by Andy Baehr.

The Ukrainian authorities say Kyiv has reached a common understanding with the United States on the key terms of a peace agreement with Russia. Moscow says it has yet to see the amended version of an earlier draft, which included many of the Kremlin's demands. Also: there's been heavy criticism of the Nigerian authorities after hundreds of students were abducted from a school last week. The US Government tells holidaymakers to dress properly at airports. And what's more important? A billion dollars' worth of shipwreck treasure or the preservation of an important underwater archaeological site?

The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk

As American officials brief that they're making progress in peace negotiations over the Russia-Ukraine war, we get a view from Moscow on what kind of deal might be acceptable to Russia.

Also in the programme: why is femicide – the killing of women – especially by intimate partners or close relatives, still so common around the world? We hear from the UN about what needs to happen to bring the numbers down; and ash from a volcano in Ethiopia which has erupted after many dormant years forces flights out of India to re-route.

(IMAGE: Russian Foreign Minister Sergey Lavrov speaks during a joint press conference with Belarusian Foreign Minister in Moscow, Russia, 25 November 2025 / CREDIT: Alexander Nemenov/AFP/POOL/EPA/Shutterstock)

In Guinea-Bissau, rivals Embalo and Dias claim victory in a tense presidential election as official results remain pending.

In Nigeria, separatist leader Nnamdi Kanu has been sentenced to four life terms for terrorism and treason. What does it mean for the group calling for separatism. 

And in Tunisia, an Indigenous centre in Tataouine preserves heritage, supports women-led crafts, and creates jobs amid rising drought and heat.

Presenter: Nyasha Michelle Producers: Stefania Okereke, Sunita Nahar, Elphas Lagat and Saleck Zeid Technical Producer: Gabriel O'Regan Senior Producer: Yvette Twagiramariya Editors: Alice Muthengi and Andre Lombard

Upstream Data CEO and Founder Steve Barbour joins the pod to talk about the state of bitcoin mining and why he’s not sold on the hybrid AI-bitcoin miner trade.

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Welcome back to The Mining Pod! Today, Steve Barbour, CEO of Upstream Data, joins us for a bitcoin mining palate cleanser! We cover the current state of mining economics, his take on some of the new ASIC models coming to market, oil and gas markets, the infrastructural / operational differences between AI/HPC data centers and mining farms, and why he believes Bitcoin mining is entering a new phase of maturity with sustainable business models.

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**Notes:**

• Mining difficulty at all-time highs

• Energy partnerships crucial for profitability

• Home mining still viable for enthusiasts

• Public miners face market pressure

• Equipment costs down significantly

• Operational efficiency key to survival

Timestamps:

00:00 Start

04:11 Miner sentiment check

07:37 How much more downside?

11:28 ASIC market

14:18 Bitdeer & AISC sales

19:43 Proto ASIC design

23:18 Oil field mining

27:51 Renewables

30:00 Miner retrofit

35:58 NatGas Generators

39:53 Oil prices

41:26 Bits vs atoms

43:44 Lawsuit

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Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!