Weekend Roundup May 31 - June 6
Daily Crypto News8 Kesä 2024

Weekend Roundup May 31 - June 6

It’s our weekly roundup. Let’s dive into what caught our attention over the past week.


First up, let's talk about Sarah's new nails – a rainbow of colors. She’s got her own unique style going, and it’s honestly the simplest nails she's ever done. When I asked if she did them herself or went to a Korean salon, she surprised me by saying she goes to a Russian one. Always full of surprises, Sarah.


Anyway, let’s get into the news. On Friday, Sarah highlighted PayPal’s stablecoin, PYUSD, launching on Solana. Previously limited to Ethereum, this move could boost their market dominance despite their current low market share. Sarah’s skepticism about the need for another stablecoin, given the dominance of USDT, USDC, and DAI, made for a great discussion. With Tether reporting a $6.2 billion profit in 2023, it’s clear there’s big money in stablecoins.


On Monday, Sarah passed the mic to me to cover Biden’s veto of the SEC’s Staff Accounting Bulletin 121, which was a guidance on crypto custody by companies. Congress felt the SEC overstepped, but Biden backed the SEC, signaling potential anti-crypto sentiments. This move seemed more about supporting his appointed SEC chair rather than a direct stance against crypto. It’s a classic case of office politics in action.


Tuesday was all about Roaring Kitty, the man behind the GameStop frenzy. He revealed he holds over $200 million in GameStop shares, causing the stock to surge 48%. This raised questions about market manipulation, but as Sarah and I discussed, it’s more about his influence and less about any foul play.


By Wednesday, Bitcoin was back in the spotlight, crossing $71,000 with $880 million in ETF inflows. Fidelity, BlackRock, and ARK were major players, while Grayscale saw outflows. We debated the potential for Bitcoin’s value, with predictions ranging from conservative to wildly optimistic. The real question is, can the market sustain these high valuations?


Finally, on Thursday, we discussed the innovative vision of Carl Pei and the Nothing Phone. Pei’s idea of integrating AI deeply into our phone usage could revolutionize how we interact with technology. The challenge will be balancing convenience with privacy concerns, as AI would need significant access to personal data to function effectively.


That’s a wrap for this week’s review. Thanks for tuning in, and we’ll see you next time. Happy HODLing!

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Jaksot(684)

Aug 11: OpenAI o3 Crushes Elon Musk’s Grok in AI Chess—But Play Still Amateur

Aug 11: OpenAI o3 Crushes Elon Musk’s Grok in AI Chess—But Play Still Amateur

🚨 Credix Team Disappears as Stability DAO Prepares Legal Report🏀 WNBA Dildo-Throwing Incident Linked to Crypto Marketing Stunt💰 Polymarket Criticized for Dildo-Throwing Bets After Second Arrest at WNBA Game🏛️ Bo Hines Departs White House Crypto Role for Private Sector♟️ Sam Altman Talks AI, Elon Musk, Grok, and Chess⚡ UK Driller Eyes Gas-to-Bitcoin Mining, Awaits Green Light📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

11 Elo 15min

Aug 8: Bitcoin’s “Fair Value” Is $167K? Energy Model Says Yes

Aug 8: Bitcoin’s “Fair Value” Is $167K? Energy Model Says Yes

📈 VC Crypto Investments Expected to Hit $25B in 2025📜 Trump’s Executive Order on Crypto 401(k)s Sparks Industry Reaction⚡ Bitcoin’s Energy Value Metric Suggests Fair Price of $167K🔗 Chainlink Whale Activity Spikes as LINK Reserves Rise💥 Ethereum Transaction Volumes Hit Yearly High Amid SEC Staking Drama🎩 Dogwifhat’s Knitted Hat Sells for $800K to Meme Coin Launchpad Founder📉 Trader Cobb & Market Training via The Grow Me Cohttps://empire-blockworks.beehiiv.com/p/dark-side-of-the-hype-32c21898c83bd4cd?draft=true&utm_campaign=dark-side-of-the-hype&utm_medium=newsletter&utm_source=empire-blockworks.beehiiv.comWHERE TO FIND DCNDailyCryptoNews.Nethttps://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.linkTrader Cobb X: @TraderCobbhttps://www.thegrowmeco.com/Editing Serviceshttps://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

8 Elo 14min

Aug 7: Ibiza Boss Takes World By Storm & Tornado Cash In Everyone's Mind

Aug 7: Ibiza Boss Takes World By Storm & Tornado Cash In Everyone's Mind

Top Headlines for August 7Tornado Cash Trial Verdict as Roman Storm guilty on 1 of 3 charges.We had a shakeup in the MegaETH world with GTE apparently leaving it, as well as the MegaMafia. Lots of talk about Moats around CryptoTwitter - What does this mean in the context of Consumer Dapps? This is a bit of a tussle in crypto media going on. Where are Crypto Journalism ethics?And did VCs abandon Tornado Cash?Little BitzTom Lee says ‘Wall Street has already decided Ethereum is the chain they’re going to build Wall Street onto.’ Four men in Sweden tortured a 30-year-old seeking his crypto. Here’s how Coinbase becoming a bank, in a way you won’t like.Friends of the ShowC3The C3 team has more than 20 years of experience in journalism, including leading the editorial and content side of a major Web3 news publication. They are also experienced AI and Web3 PR professionals, regularly placing content in leading web3 and AI publications. C3's members previously co-founded the PR department at SCRIB3, and have experience with clients such as EigenLayer, VanEck, Monad, SKALE Network, LEVR Bet, Symmio, Camp Network, Evmos, Avail, Moonbeam, and others.WHERE TO FIND DCNdailycryptonews.nethttps://twitter.com/DCNDailyCryptoEMAIL or FOLLOW the HostEmail: kyle@dailycryptonews.net*****Magic Newton Wallethttps://magic.linkTrader Cobb X: @TraderCobbhttps://www.thegrowmeco.com/Editing Serviceshttps://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! Hosted on Acast. See acast.com/privacy for more information.

7 Elo 20min

Aug 6: Pension Funds Quietly Accumulating Bitcoin

Aug 6: Pension Funds Quietly Accumulating Bitcoin

🏦 Michigan State Pension Triples Bitcoin ETF Exposure❄️ Cardano Founder Explains Why Some ADA Holders Missed Glacier Airdrop🧱 Coinbase Launches Embedded Crypto Wallets for Devs, Focuses on Stablecoins⚖️ CZ Files Motion to Dismiss $1.8B FTX Lawsuit🧸 Solana Meme Coin 'PONKE' Now Has a Plush ToyOhio Housing Nerd - https://www.youtube.com/@ohiohousingnerdHousing Nerd (National coverage) https://www.youtube.com/@housingnerd📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

6 Elo 13min

Aug 5: Bitcoin ATMs Under Fire Amid Surge in Fraud

Aug 5: Bitcoin ATMs Under Fire Amid Surge in Fraud

🇺🇸 Trump Signs Executive Order to Stop 'Debanking' of Crypto Firms🚨 FinCEN Warns Bitcoin ATMs Being Used in Growing Number of Scams🗑️ Man Who Lost $923M in Landfill Bitcoin Fails to Buy Dump — Here's His New Plan🏦 Ethereum Sees Billions in Institutional Buys as Retail Remains on Sidelines🌍 Four Countries Now Let You Buy Citizenship or Golden Visas with CryptoOhio Housing Nerd - https://www.youtube.com/@ohiohousingnerdHousing Nerd (National coverage) https://www.youtube.com/@housingnerd📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

5 Elo 22min

Aug 4: Altcoin ETF Greenlight From SEC? And UK Slams Door on Coinbase Ad

Aug 4: Altcoin ETF Greenlight From SEC? And UK Slams Door on Coinbase Ad

HEADLINESSEC Eases ETF Rules: New fast-track changes make it easier to list crypto ETFs, signaling growing institutional acceptance despite no immediate impact for retail investors.UK Bans Coinbase Ad: A satirical Coinbase TV spot was pulled by UK regulators for being too political. CEO Brian Armstrong and ex-Chancellor Osborne pushed back, warning the UK risks falling behind in crypto innovation.Memecoin Momentum Shifts: July saw memecoin revenues dive—Pump.fun dropped 80% since January. Yet activity remains high, with platforms like LetsBonk still drawing users. Slopana-style tokens are rising in the chaos.Treasury Boom: Institutions are stacking ETH. Tom Lee’s Bitmine now holds over 833k ETH ($3B), the world’s largest ETH treasury. Even smaller firms like GameSquare are adding millions to their crypto holdings.Stablecoin Strides: Europe launches its first MiCA-compliant euro stablecoin, backed by Deutsche Bank and Galaxy Digital. Meanwhile, Binance adds Circle’s yield-bearing USYC as collateral for institutions—another bridge between TradFi and crypto.Friends of the ShowC3The C3 team has more than 20 years of experience in journalism, including leading the editorial and content side of a major Web3 news publication. They are also experienced AI and Web3 PR professionals, regularly placing content in leading web3 and AI publications. C3's members previously co-founded the PR department at SCRIB3, and have experience with clients such as EigenLayer, VanEck, Monad, SKALE Network, LEVR Bet, Symmio, Camp Network, Evmos, Avail, Moonbeam, and others.WHERE TO FIND DCNdailycryptonews.nethttps://twitter.com/DCNDailyCryptoEMAIL or FOLLOW the HostEmail: kyle@dailycryptonews.net***** Magic Newton Wallethttps://magic.linkTrader Cobb X: @TraderCobbhttps://www.thegrowmeco.com/Editing Serviceshttps://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

4 Elo 23min

Aug 1: STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY

Aug 1: STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY

🏛️ White House Releases Comprehensive Digital Assets Report Under EO 14178📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

1 Elo 17min

July 31: UK’s Financial Woes Mocked in Coinbase’s Satirical Musical Ad

July 31: UK’s Financial Woes Mocked in Coinbase’s Satirical Musical Ad

🌍 Bolivia Looks to El Salvador for Crypto Guidance as Locals Turn to Digital Currencies⚖️ Tornado Cash Dev Trial Nears End as Closing Arguments Wrap🏦 Coinbase and JPMorgan Partnership Seen as ‘Huge Adoption Unlock’ for Crypto💷 Coinbase Targets 20M Struggling Brits in UK Expansion Plan🧠 Bitcoin and Ethereum Aren’t Ready for Quantum Computers, Researcher Warns📊 Crypto Treasury Firms Now Hold $100B+ in ETH Treasuries🚫 Algeria Bans All Crypto Activities Including Ownership and Mining📉 Trader Cobb & Market Training via The Grow Me Co WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCryptoMagic Newton Wallethttps://magic.link Trader Cobb X: @TraderCobb https://www.thegrowmeco.com/Editing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

31 Heinä 23min

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