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(687)

July 24: Will Kamala Embrace Crypto?

July 24: Will Kamala Embrace Crypto?

News Links👇https://x.com/unusual_whales/status/1815882306688794867https://decrypt.co/241350/ethereum-price-flat-the-day-after-for-spot-etfs-debut-in-ushttps://decrypt.co/241329/bitcoin-miner-riot-scoops-small-kentucky-rival-for-92-million-as-sector-sagshttps://decrypt.co/241285/bitcoin-took-over-las-vegas-sphere-wheres-dogwifhat________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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.

24 Heinä 202411min

July 23: Spot ETH ETF Launches TODAY!

July 23: Spot ETH ETF Launches TODAY!

News Links👇https://decrypt.co/241134/bitcoin-price-unbothered-mt-gox-btc-billionshttps://cointelegraph.com/news/marathon-digital-fined-138m-contract-breach?utm_source=feedly_feed&utm_medium=rss&utm_campaign=rss_partner_inboundhttps://www.coindesk.com/markets/2024/07/23/blackrocks-spot-bitcoin-etf-draws-526m-in-net-inflows/https://decrypt.co/241104/grayscale-shifts-1-billion-in-ethereum-to-coinbase-ahead-of-us-etf-trading-debuthttps://decrypt.co/241084/ethereum-etf-what-to-expect-analysts________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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.

23 Heinä 20247min

July 22:  Joe Biden Drops! What Does That Mean for Crypto?

July 22: Joe Biden Drops! What Does That Mean for Crypto?

News Links👇https://www.youtube.com/watch?v=xOGHLq3ragghttps://decrypt.co/240809/democrats-have-chance-to-regain-crypto-vote-as-biden-bows-out-experts-sayhttps://decrypt.co/240692/kamala-crypto-biden-replacements-cryptohttps://decrypt.co/240788/polymarket-goes-wild-biden-drops-out-endorses-kamalahttps://decrypt.co/240859/potential-trump-victory-bitcoin-not-priced-bernsteinhttps://decrypt.co/240807/trump-meme-coins-rise-as-biden-bows-out-of-2024-us-presidential-racehttps://decrypt.co/230228/ethereum-etfs-approved-us________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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.

22 Heinä 20249min

July 19: $PIXFI Airdrop - What To Learn

July 19: $PIXFI Airdrop - What To Learn

News Links👇https://www.coindesk.com/business/2024/07/18/italys-top-banks-participate-in-25m-digital-bond-issuance-on-polygon-in-ecb-trial/ https://www.coindesk.com/policy/2024/07/18/standard-chartered-animoca-and-three-others-join-hkmas-stablecoin-sandbox-as-participants/ https://decrypt.co/240570/robinhood-crypto-tokenizing-real-world-assets https://decrypt.co/240543/pixelverse-telegram-game-airdrop-ton-layer-2-pixfi Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsAffiliate Partners:https://cyberstrategyinstitute.com/warden/Contact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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.

19 Heinä 202411min

July 18:  Can We Trust DJT?

July 18: Can We Trust DJT?

News Links👇https://decrypt.co/240479/trump-almost-banned-bitcoin-in-2020-until-steve-mnuchin-stopped-him-says-block-exechttps://www.dlnews.com/articles/people-culture/why-ryan-selkis-is-so-angry-and-has-pivoted-to-trump/https://decrypt.co/240449/reddit-is-sunsetting-animated-collectible-expressions-for-polygon-nftshttps://decrypt.co/240450/polygon-will-migrate-matic-tokens-to-pol-during-september-upgradehttps://decrypt.co/240453/blockfi-repayments-to-its-100000-creditors-will-begin-this-monthhttps://decrypt.co/240439/us-bitcoin-etfs-extend-9-day-winning-streak-amid-surging-demand________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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.

18 Heinä 202410min

July 17: Bitcoin $422M Inflows!

July 17: Bitcoin $422M Inflows!

News Links👇https://www.dlnews.com/articles/defi/fake-developers-flood-crypto-job-boards-amid-bull-market/https://decrypt.co/240087/bitcoin-critic-senator-menendez-convicted-of-taking-bribes-in-goldhttps://decrypt.co/240223/worldcoin-soars-investor-token-lock-up-extendedhttps://decrypt.co/240204/german-bitcoin-sale-unprecedented-2-6-billion-euroshttps://www.coindesk.com/markets/2024/07/17/bitcoin-etf-inflows-hit-six-week-high-of-4225m/________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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.

17 Heinä 20249min

July 16: Is JD Vance Good for Crypto? Larry Fink is Bullish!

July 16: Is JD Vance Good for Crypto? Larry Fink is Bullish!

News Links👇https://decrypt.co/239883/is-trump-vp-pick-jd-vance-good-cryptohttps://decrypt.co/239977/kraken-mt-gox-bitcoin-repayments-will-arrive-before-augusthttps://www.dlnews.com/articles/markets/blackrock-ceo-larry-fink-reiterates-support-for-bitcoin/https://www.dlnews.com/articles/regulation/south-korea-just-moved-to-delay-a-20-tax-on-crypto-profits/________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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.

16 Heinä 202410min

July 15: Beginning of Mini-bull Run?

July 15: Beginning of Mini-bull Run?

News Links👇https://cointelegraph.com/news/german-government-offloads-final-bitcoin-holdingshttps://www.dlnews.com/articles/snapshot/study-says-europe-to-lead-in-global-crypto-transaction-value/https://www.dlnews.com/articles/web3/pixelverse-adds-extension-to-private-funding-round/https://cointelegraph.com/news/ethereum-price-tops-3300-analysts-predict-eth-etf-approvals-this-week https://cointelegraph.com/news/tornado-cash-developer-alexey-pertsev-denied-bail-while-awaiting-appeal Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsAffiliate Partners:https://cyberstrategyinstitute.com/warden/Contact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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.

15 Heinä 202411min

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