August 13: Crypto Banks Fight for Fed Access as Ethereum Rethinks Staking Rewards

August 13: Crypto Banks Fight for Fed Access as Ethereum Rethinks Staking Rewards


Bitcoin remains stuck near $64,000, but the infrastructure around crypto keeps moving. Matt covers Custodia Bank’s Supreme Court fight for direct access to Federal Reserve payment rails, Franklin Templeton getting SEC clearance for expanded on-chain cash management, and BitGo reporting $4.3 billion in quarterly revenue despite posting a net loss.


The episode also looks at a proposal that could significantly reduce Ethereum staking yields as more ETH gets locked up, the CFTC’s warning about prediction-market incentives and wash trading, growing bullish positioning in Dogecoin, and what it could take to finally give Bitcoin a major new catalyst. Matt also explores how AI could fundamentally change the way industries analyze massive amounts of data, from financial markets to professional sports.


Happy HODLing.

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August 19: Ripple Raises $275 Million as the SEC Finally Moves on Reg Crypto

August 19: Ripple Raises $275 Million as the SEC Finally Moves on Reg Crypto

Ripple raised $275 million to expand its U.S. clearing, prime brokerage, and financial-services business, while Metaplanet is bringing its Bitcoin treasury strategy to the U.S. through a deal involvin...

19 Elo 6min

August 18: Wall Street Keeps Moving Into Crypto While Bitcoin Stays Stuck at $64K

August 18: Wall Street Keeps Moving Into Crypto While Bitcoin Stays Stuck at $64K

Bitcoin is still hovering around $64,000, but traditional finance keeps moving deeper into crypto. Matt covers Citi preparing to launch institutional Bitcoin custody, Kraken expanding U.S. stock tradi...

18 Elo 9min

Bitcoin Liquidity Dries Up as Craig Waits for a Break Below the Range

Bitcoin Liquidity Dries Up as Craig Waits for a Break Below the Range

Craig says crypto liquidity has dried up dramatically, with Bitcoin stuck inside a month-long range between roughly $62,500 and $65,500 and only a small fraction of tracked trading pairs showing meani...

17 Elo 8min

August 17: Bitcoin Stays Flat as ETF Outflows and Thin Liquidity Keep Traders Cautious

August 17: Bitcoin Stays Flat as ETF Outflows and Thin Liquidity Keep Traders Cautious

Bitcoin remains stuck near $63,000 as ETF flows turn negative and thin liquidity leaves the market vulnerable to sharper moves if leveraged traders rush for the exits. Matt covers Strategy raising ano...

17 Elo 7min

August 14: Bitcoin Slips Below $63K as Liquidity Dries Up

August 14: Bitcoin Slips Below $63K as Liquidity Dries Up

Bitcoin slipped below $63,000 as weak liquidity and cautious sentiment continue weighing on the market. Matt covers MSCI considering rules that could exclude Bitcoin treasury companies like Strategy a...

14 Elo 9min

August 12: Bitcoin Waits for CPI as Harmony Suffers a Major Exploit

August 12: Bitcoin Waits for CPI as Harmony Suffers a Major Exploit

Today’s crypto market is quiet, but it is not calm in a healthy way. Bitcoin is sitting around $64K ahead of the July CPI report, with perpetual trading activity at its lowest level since 2023 and vol...

12 Elo 3min

August 11: Bitcoin Miners Are Becoming AI Companies, but How Long Will It Last?

August 11: Bitcoin Miners Are Becoming AI Companies, but How Long Will It Last?

Riot Platforms is making a major shift toward AI infrastructure after signing a 20-year, $9.1 billion agreement with Anthropic covering 191 megawatts at its Rockdale, Texas campus, with expansion opti...

11 Elo 13min

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