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)

Oct 24: $34k! Not the Time to Buy

Oct 24: $34k! Not the Time to Buy

Bitcoin enters an 'anti-gravity' phase as ETF approval nears the finish line. Ethereum experiences a fee spike during the resurgence of meme coin frenzy. Analysts express bullish sentiments for Solana following a 30% weekly gain. The Pepe memecoin burns 55 million tokens, leading to a 31% rise. Record liquidations impact Bitcoin's price, and Cathie Wood's Ark Invest sells Coinbase and Grayscale Bitcoin Trust shares amidst the crypto market surge.#CryptoMarket #BitcoinETF #EthereumFees #Solana #PepeMemecoin #Liquidations #CathieWood #CryptocurrencyUpdates________News Links 👇https://subscriptioncomics.comhttps://www.coindesk.com/markets/2023/10/24/bitcoin-in-anti-gravity-phase-as-etf-approval-nears-finish-line/?_gl=1*18ecdqo*_up*MQ..*_ga*MTg3NzkyNTAwMS4xNjk4MTUwMTI4*_ga_VM3STRYVN8*MTY5ODE1MDEyNy4xLjAuMTY5ODE1MDEyNy4wLjAuMA..https://www.coindesk.com/markets/2023/10/24/ethereum-fees-spike-as-meme-coin-frenzy-returns-pepe-bitcoin-spx-pop-40/?_gl=1*18ecdqo*_up*MQ..*_ga*MTg3NzkyNTAwMS4xNjk4MTUwMTI4*_ga_VM3STRYVN8*MTY5ODE1MDEyNy4xLjAuMTY5ODE1MDEyNy4wLjAuMA..https://www.coindesk.com/markets/2023/10/24/bitcoin-leads-crypto-majors-gains-analysts-bullish-on-sol-after-30-weekly-jump/?_gl=1*18ecdqo*_up*MQ..*_ga*MTg3NzkyNTAwMS4xNjk4MTUwMTI4*_ga_VM3STRYVN8*MTY5ODE1MDEyNy4xLjAuMTY5ODE1MDEyNy4wLjAuMA..https://www.coindesk.com/business/2023/10/24/pepe-memecoin-burns-55m-tokens-prompting-31-rise/https://decrypt.co/202894/bitcoin-price-34000-35000-liquidiations-2023-recordhttps://decrypt.co/202938/cathie-woods-ark-invest-sells-5-8m-in-coinbase-grayscale-bitcoin-trust-shares-as-crypto-market-surges——————————————————————***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.

24 Loka 202310min

Oct 23: BTC @ $30k & Larry Fink's Journey from Crypto Skeptic to Supporter

Oct 23: BTC @ $30k & Larry Fink's Journey from Crypto Skeptic to Supporter

Larry Fink's transformation from a crypto skeptic to a Bitcoin supporter. Discover how mining stocks have outperformed Bitcoin this year. Learn about Worldcoin's decision to pay Orb operators in WLD instead of USDC. Additionally, a developer exposes a potential security issue on the Lightning Network.#CryptoInsights #LarryFink #Bitcoin #MiningStocks #Worldcoin #LightningNetwork #CryptocurrencyUpdates________News Links 👇https://subscriptioncomics.comhttps://www.dlnews.com/articles/people-culture/blackrock-larry-fink-timeline-crypto-sceptic-to-bitcoin-fan/https://decrypt.co/202776/almost-all-mining-stocks-have-outpaced-bitcoin-this-yearhttps://www.theblock.co/post/258862/worldcoin-to-pay-orb-operators-in-wld-rather-than-usdchttps://www.theblock.co/post/258871/developer-exposed-potential-security-issue-on-the-lightning-network——————————————————————***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.

23 Loka 202314min

Oct 20: BULLISH! Asia Focus, Bitcoin ETF Amendments by BlackRock, SEC's Ripple Lawsuit Dismissal

Oct 20: BULLISH! Asia Focus, Bitcoin ETF Amendments by BlackRock, SEC's Ripple Lawsuit Dismissal

Explore recent developments in the Asian crypto space with StanChart's foray, Upbit Singapore's MAS approval, and the Sui Foundation addressing manipulation accusations. Delve into challenges facing Hong Kong's crypto hub dream, Bitcoin ETF amendments by BlackRock and Fidelity, LBRY's wind-down, the lawsuit involving ConsenSys founder Joseph Lubin, and the SEC's dismissal of a lawsuit against Ripple executives.#CryptoAsia #StanChart #Upbit #MAS #SuiFoundation #HongKongCrypto #BitcoinETF #LBRY #ConsenSys #Ripple #CryptocurrencyUpdates________News Links 👇https://asia.nikkei.com/Spotlight/Cryptocurrencies/StanChart-muscles-into-Asian-crypto-space-as-established-banking-playerhttps://www.cryptotimes.io/upbit-singapore-gets-mas-approval-for-crypto-services/https://cryptopotato.com/sui-foundation-responds-to-circulation-manipulation-accusations-by-south-korean-authorities/ https://www.scmp.com/tech/policy/article/3237817/hong-kongs-crypto-hub-dream-mired-high-costs-other-barriers-one-year-jpex-one-stumbling-block https://decrypt.co/202507/bitcoin-spot-etf-amendments-blackrock-fidelityhttps://cointelegraph.com/news/blockchain-firm-lbry-wind-down-sec-appeal-final-goodbyehttps://cointelegraph.com/news/consensys-founder-joseph-lubin-former-employee-lawsuithttps://decrypt.co/202471/sec-dismisses-lawsuit-against-ripple-execs-stunning-capitulationhttps://decrypt.co/202385/blackrock-amends-bitcoin-etf-acknowledges-fierce-competition——————————————————————***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.

20 Loka 202311min

Oct 19: EU MICA 2.0, Chainalysis Terrorism Financing, Tesla’s BTC

Oct 19: EU MICA 2.0, Chainalysis Terrorism Financing, Tesla’s BTC

The EU financial watchdog notes potential changes to MICA scope if negotiated today. Chainalysis suggests overestimations of crypto's role in terrorist financing. Tesla holds steady with a $275 million Bitcoin stash in Q3. The DOJ's star witnesses prompt speculation about Sam Bankman-Fried's actions. OpenAI introduces AI for detecting deepfakes in images.#CryptoInsights #EUFinance #MICA #Chainalysis #Tesla #Bitcoin #SBFTrial #Deepfakes #CryptocurrencyUpdates________News Links 👇https://decrypt.co/202315/mica-would-have-a-different-scope-if-negotiated-today-says-eu-financial-watchdoghttps://www.theblock.co/post/258284/chainalysis-says-some-reports-might-be-overestimating-cryptos-role-in-terrorist-financinghttps://www.coindesk.com/business/2023/10/19/tesla-keeps-bitcoin-stash-steady-at-275m-in-q3/https://decrypt.co/202017/doj-star-witnesses-what-will-sam-bankman-fried-do-nowhttps://decrypt.co/202324/openai-ai-detection-deepfakes-images——————————————————————***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.

19 Loka 20235min

Oct 18: Boson Protocol w/ Justin Banon & Daily Crypto News

Oct 18: Boson Protocol w/ Justin Banon & Daily Crypto News

0:00 - Intro1:15 - Boson Protocol33:45 - Crypto News36:02 - Prices________Bitcoin nears $29K following a Fidelity ETF amendment that boosts bullish sentiment. Coinbase experiences a further slowdown in trading volume as the crypto winter persists, according to Berenberg. Reddit announces the phasing out of community points and blockchain rewards.#Bitcoin #FidelityETF #Coinbase #CryptoWinter #Reddit #BlockchainRewards #CryptocurrencyUpdates________Guest: @JBanonWebsite: https://www.bosonprotocol.io X: @BosonProtocol________News Links 👇https://www.coindesk.com/markets/2023/10/18/bitcoin-nears-29k-as-fidelity-etf-amendment-bumps-bullish-sentiment/https://www.coindesk.com/business/2023/10/18/coinbase-trading-volume-slows-further-as-crypto-winter-continues-berenberg/https://techcrunch.com/2023/10/17/reddit-is-phasing-out-community-points-blockchain-rewards/——————————————————————***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.

18 Loka 202338min

Oct 17: Binance US Withdraws FDIC Insurance, FTX Creditors May Receive 90%, BlackRock Fake ETF, Binance UK

Oct 17: Binance US Withdraws FDIC Insurance, FTX Creditors May Receive 90%, BlackRock Fake ETF, Binance UK

Binance US announces the end of FDIC insurance for crypto deposits. FTX creditors could potentially receive a $9 billion disbursement in June. BlackRock's boss notes pent-up interest in crypto following the Bitcoin pump on fake ETF news. Binance discontinues services for British customers.#CryptoNews #BinanceUS #FTX #BlackRock #Bitcoin #Binance #CryptocurrencyUpdates________News Links 👇https://decrypt.co/201949/binance-us-says-crypto-deposits-are-no-longer-fdic-insuredhttps://decrypt.co/201950/ftx-creditors-could-see-9-billion-dispersement-next-junehttps://decrypt.co/201898/blackrock-boss-says-bitcoin-pump-on-fake-etf-news-shows-pent-up-interest-in-cryptohttps://decrypt.co/201841/binance-says-no-to-brits-crypto-exchange-stops——————————————————————***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.

17 Loka 20237min

Oct 16: SBF's Meds Defense, MetaMask's Removal, ETH Staking, GBTC Discount

Oct 16: SBF's Meds Defense, MetaMask's Removal, ETH Staking, GBTC Discount

SBF's medication defense takes center stage, while MetaMask faces removal from the Apple App Store. Investor demand for Ether staking yields slows on Coinbase, and Grayscale's GBTC discount narrows to a near 2-year low. Discover opportunities to buy a Ferrari with Bitcoin and witness Binance burning $450 million worth of BNB in a quarterly move.#CryptoNews #SBF #MetaMask #Coinbase #Grayscale #BitcoinPayments #Binance #CryptocurrencyUpdates ________News Links 👇https://decrypt.co/201765/sam-bankman-fried-cant-focus-without-his-medication-defensehttps://decrypt.co/201645/metamask-crypto-wallet-removed-from-apple-app-storehttps://www.coindesk.com/markets/2023/10/16/investor-demand-for-ether-staking-yields-has-slowed-coinbase/https://www.coindesk.com/markets/2023/10/16/grayscale-gbtc-discount-narrows-to-near-2-year-low-as-sec-misses-etf-appeal-window/https://decrypt.co/201719/buy-a-ferrari-with-bitcoin-lamborghini-luxury-goodshttps://www.coindesk.com/markets/2023/10/16/binance-burns-450m-bnb-in-quarterly-move/——————————————————————***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.

16 Loka 20239min

Oct 13: SK’s VA Market, HK’s JPEX, XRP in Singapore, Space Force's AI Security Concerns

Oct 13: SK’s VA Market, HK’s JPEX, XRP in Singapore, Space Force's AI Security Concerns

South Korea's virtual asset market skyrockets to $211 billion in H1. Hong Kong's JPEX reportedly converts users' funds to an illiquid digital token. Ripple gains a full license to provide crypto services in Singapore. The US Space Force raises security concerns over AI. Thorchain experiences a surge after lifting a trading pause. Flare Network plans to burn $21 billion FLR to support ecosystem health. Uniswap launches a mobile Ethereum wallet for Android. The possibility of Russian involvement in the $477 million FTX hack gains traction.#CryptoNews #SouthKorea #HongKong #Ripple #USpaceForce #Thorchain #FlareNetwork #Uniswap #FTXHack #CryptocurrencyUpdates________News Links 👇https://koreajoongangdaily.joins.com/news/2023-10-09/business/finance/Koreas-virtual-asset-market-cap-soars-to-211-billion-in-H1/1886013https://news.bitcoin.com/report-hong-kong-crypto-exchange-jpex-converts-users-funds-to-an-illiquid-digital-token/https://news.bitcoin.com/singapore-grants-ripple-full-license-to-provide-crypto-services/https://decrypt.co/201321/ai-sparks-security-fears-us-space-forcehttps://decrypt.co/201337/thorchain-soars-over-defi-exchange-lifts-trading-pausehttps://www.coindesk.com/tech/2023/10/13/flare-network-will-burn-21b-flr-to-support-ecosystem-health/https://decrypt.co/201327/uniswap-launches-mobile-ethereum-wallet-androidhttps://decrypt.co/201290/theres-now-a-stronger-possibility-russian-actors-involved-in-477-million-ftx-hack——————————————————————***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 Loka 20239min

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