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!

Hosted on Acast. See acast.com/privacy for more information.

Jaksot(686)

Dec 15: Asia Focus: From Phishing Chaos to Sotheby's Bitcoin

Dec 15: Asia Focus: From Phishing Chaos to Sotheby's Bitcoin

China introduces a blockchain-based real-name decentralized identifier system. Exploring Thailand's evolving blockchain landscape in 2023. Saudi Aramco considers a potential partnership with Japan's crypto group SBI. South Korea's financial regulator proposes consumer protection rules for crypto users. Solana phone sells out in the US amid arbitrage opportunities with Bonk's surging price. SafeMoon files for bankruptcy, causing a 50% crash in SFM token value. Sotheby's enters the Bitcoin NFT market with a Super Mario-style mushroom character auction. A single phishing link triggers chaos in the crypto space.________News Links 👇https://yergz.comhttps://www.coindesk.com/policy/2023/12/12/chinas-ministry-of-public-security-launches-blockchain-based-real-name-decentralized-identifier-system/amp/https://medium.com/hashkey-capital-insights/market-watchlist-thailands-blockchain-landscape-2023-2f9611461f63 https://finbold.com/2-trillion-saudi-aramco-mulls-partnership-with-japans-crypto-group-sbi/ https://www.coindesk.com/policy/2023/12/11/south-korea-financial-regulator-proposes-consumer-protection-rules-for-crypto-users/amp/https://www.theblock.co/post/267784/solana-phone-sells-out-in-us-as-traders-spot-arbitrage-with-bonks-skyrocketing-pricehttps://decrypt.co/209951/safemoon-files-for-bankruptcy-sfm-token-crashes-50-to-all-time-lowhttps://www.coindesk.com/tech/2023/12/14/bitcoin-nft-hysteria-comes-to-sothebys-as-super-mario-style-mushroom-character-tops-200k/https://decrypt.co/209838/single-phishing-link-unleashed-chaos-on-crypto——————————————————————***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 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

15 Joulu 202313min

Dec 14: AI Ghosts in Music? Deceptive Melodies Haunt the Industry, as DeFi Protocol Warns

Dec 14: AI Ghosts in Music? Deceptive Melodies Haunt the Industry, as DeFi Protocol Warns

FTX makes progress in shortening the recovery timeline for customers. JPMorgan predicts Ether to outperform Bitcoin in 2024. SushiSwap's CTO warns of potential exploits in DeFi protocols. AI ghostwriters gain prominence in the music industry, raising questions about the authenticity of songwriting.________News Links 👇https://yergz.comhttps://x.com/rasterlyrock/status/1734956139580936658?s=46https://www.youtube.com/watch?v=6FapwxsbkLs&t=18shttps://decrypt.co/209761/2023-will-be-the-last-year-youll-know-a-song-was-written-by-a-human-queen-guitaristhttps://decrypt.co/209633/scene-2023-person-of-the-year-ghostwriter-ai-drake-weekndhttps://www.coindesk.com/policy/2023/12/14/ftx-judge-takes-step-to-shorten-timeline-for-ftx-customers-recoveries/https://www.theblock.co/post/267539/jpmorgan-ether-outperform-bitcoin-2024https://www.coindesk.com/business/2023/12/14/defi-protocol-sushis-cto-warns-of-possible-exploit/?_gl=1*2ngjb3*_up*MQ..*_ga*NzgxOTMxOTk3LjE3MDI1NjU5MDM.*_ga_VM3STRYVN8*MTcwMjU2NTkwMy4xLjAuMTcwMjU2NTkwMy4wLjAuMA..——————————————————————***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 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

14 Joulu 202311min

CONNEXT 101 w/ Arjun Bhuptani

CONNEXT 101 w/ Arjun Bhuptani

- Connext Twitter: @ConnextNetwork - Connext Website: https://connext.network- Connext Discord: https://discord.gg/connext - Arjun's Twitter: @ArjunBhuptani***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 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

13 Joulu 202310min

Dec 13: IRS Hunts Crypto Crooks: Top Scams Exposed, BlackRock ETF Shakes Market

Dec 13: IRS Hunts Crypto Crooks: Top Scams Exposed, BlackRock ETF Shakes Market

The IRS identifies major crypto fraud schemes. BlackRock's Bitcoin ETF raises concerns for crypto market makers and banks. 'Checkmate' Immortal Game transitions from Chess NFTs to crypto tokens. Former President Trump explores the "phygital" realm with a digital fashion playbook.________News Links 👇https://www.theblock.co/post/267293/irs-counts-down-biggest-crypto-fraud-schemes-of-the-yearhttps://decrypt.co/209451/blackrock-bitcoin-etf-risk-crypto-market-makers-bankshttps://decrypt.co/209533/checkmate-immortal-game-ditches-chess-nfts-crypto-token-over-heavy-cheatinghttps://decrypt.co/209569/trump-goes-phygital-borrowing-digital-fashion-playbook——————————————————————***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 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

13 Joulu 20237min

Dec 12: Bitcoin Bonds Approved, Crypto Headlines Blast Off: FTX, Microsoft, Google, and Decrypt's Person of the Year

Dec 12: Bitcoin Bonds Approved, Crypto Headlines Blast Off: FTX, Microsoft, Google, and Decrypt's Person of the Year

El Salvador gains regulatory approval for the world's first Bitcoin bonds. FTX debtors reject an IRS claim. Microsoft and AFL-CIO engage in talks about unionization efforts and AI boundaries. Google considers Bitcoin ETFs and relaxes crypto ad rules. Decrypt names BlackRock CEO Larry Fink as the 2023 Person of the Year.________News Links 👇https://www.coindesk.com/markets/2023/12/12/worlds-first-bitcoin-bonds-receive-regulatory-approval-in-el-salvador/https://blockworks.co/news/ftx-debtors-reject-irs-claimhttps://decrypt.co/209406/microsoft-and-afl-cio-negotiate-unionization-effort-and-ai-boundarieshttps://decrypt.co/209317/google-prepares-potential-bitcoin-etfs-easing-crypto-ad-ruleshttps://decrypt.co/209308/decrypt-2023-person-of-the-year-blackrock-ceo-larry-fink——————————————————————***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 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

12 Joulu 20239min

Dec 11: Google Gemini AI a Fake? Rug Radio and Decrypt Merger

Dec 11: Google Gemini AI a Fake? Rug Radio and Decrypt Merger

Rug Radio and Decrypt announce a merger in Web3 publishing. The 2023 US defense bill removes crypto provisions. Over $330 million in crypto long positions are liquidated as Bitcoin falls below $43,000. Cathie Wood's Ark Invest sells $492 million worth of Coinbase shares.________News Links 👇https://x.com/rowancheung/status/1734051718172643416?s=46https://decrypt.co/209209/decrypt-rug-radio-merger-web3-publishinghttps://www.coindesk.com/policy/2023/12/08/crypto-provisions-dropped-from-2023-us-defense-bill/https://decrypt.co/209259/330-million-in-crypto-longs-liquidated-as-bitcoin-tumbles-below-43000https://www.coindesk.com/markets/2023/12/11/cathie-woods-ark-invest-sells-492m-worth-of-coinbase-shares/——————————————————————***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 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

11 Joulu 20238min

Dec 8: Asia Rises, CZ in Hot Water, Ordinals Make Waves, and More

Dec 8: Asia Rises, CZ in Hot Water, Ordinals Make Waves, and More

This week's crypto headlines are dominated by Asia's growing influence, from Binance Japan's launch to Hong Kong and Singapore attracting VC funding. Meanwhile, South Korea's exchanges are tackling undeclared operators, and Singapore's central bank tightens its grip on crypto payment providers. In other news, LayerZero Labs announces a 2024 token launch, Chainlink's community staking pool flourishes, early Bitcoin Ordinals art sells for a record price, and Elizabeth Warren proposes an update to address crypto concerns. Finally, a US judge bans Binance's CZ from leaving the country, adding another chapter to the ongoing saga of Binance and its regulatory challenges.This diverse mix of headlines underscores the dynamic and ever-evolving landscape of the crypto industry. From regulatory developments to technological advancements and artistic expressions, the crypto world continues to push boundaries and generate excitement.________News Links 👇https://www.altcoinbuzz.io/cryptocurrency-news/binance-japan-launches-full-operations/https://coingape.com/crypto-india-28-vda-service-providers-registered-under-fiu/ https://beincrypto.com/singapore-central-bank-crypto-payment-providers/https://crypto.news/hong-kong-singapore-attracting-increasing-crypto-vc-funding/ https://cryptonews.com/news/south-koreas-biggest-exchanges-help-regulators-hunt-undeclared-crypto-operators.htm https://decrypt.co/209060/us-judge-bans-changpeng-cz-zhao-from-leaving-the-countryhttps://unchainedcrypto.com/blockchain-infrastructure-provider-layerzero-labs-will-have-token-in-2024/https://unchainedcrypto.com/chainlink-community-staking-pool-full-drawing-more-than-620m/https://decrypt.co/209032/early-bitcoin-ordinals-art-sells-for-record-450000https://decrypt.co/209068/elizabeth-warren-update-bank-secrecy-act-to-address-crypto-threat——————————————————————***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 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

8 Joulu 202311min

Dec 7: Bull Run Bonanza, and Cathie's Coinbase Conundrum

Dec 7: Bull Run Bonanza, and Cathie's Coinbase Conundrum

Join us for this jam-packed episode where we tackle the biggest stories in the crypto world this week!- Poloniex faces regulatory heat with UK FCA warning.- Former Binance CEO Changpeng Zhao pleads guilty in unexpected court case.- Robinhood launches its crypto platform in Europe with enticing Bitcoin rewards.- Short sellers suffer billions in losses as Bitcoin's bull run continues.- Pro-blockchain bill gains momentum in the US House.- JP Morgan's Jamie Dimon reignites the Bitcoin debate with calls for a shutdown.- Cathie Wood's Ark Invest sells another major chunk of Coinbase shares, sparking questions.Tune in for expert analysis, insightful commentary, and all the latest developments in the ever-evolving crypto landscape.________News Links 👇https://x.com/LinusEkenstam/status/1732540045066650039?s=20https://protos.com/justin-suns-poloniex-added-to-fca-uk-regulator-warning-list/https://www.theblock.co/post/266430/seattle-judge-accepts-former-binance-ceo-changpeng-zhaos-guilty-pleahttps://decrypt.co/208954/robinhood-crypto-launches-in-eu-with-crypto-back-bitcoin-rewards-programhttps://decrypt.co/208921/crypto-stock-short-sellers-lost-2-6-billion-since-bitcoin-bull-run-beganhttps://www.coindesk.com/policy/2023/12/06/pro-blockchain-bill-clears-hurdle-in-us-house/https://decrypt.co/208890/jp-morgan-ceo-jamie-dimon-close-down-bitcoinhttps://www.coindesk.com/markets/2023/12/07/cathie-woods-ark-invest-sells-another-243m-of-coinbase-shares/——————————————————————***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 2023 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

7 Joulu 202311min

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