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(702)

Sept 30: Welcome to the AI Trash Compactor, or How I Learned to Code

Sept 30: Welcome to the AI Trash Compactor, or How I Learned to Code

HEADLINESTether Buys 8,888 BTC on Sept 30 -- Boosting reserves and doubling down on USDT’s backing.Chainlink + UBS push $100T fund tokenization via SWIFT workflows - Institutional infrastructure is targeting seamless access to blockchain tools for legacy finance.SEC + CFTC Pledge “Harmonization” on Crypto Oversight - Regulators signaling closer cooperation, possibly fewer jurisdictional fights.Prediction markets stay hot post-election - Polymarket volume holding strong as real-world betting merges with crypto rails.Stripe is going all in on digital dollars and AI-powered payments. Open Issuance: a new stablecoin issuance platform (built on Bridge, acquired for $1.1B) that lets businesses easily mint and redeem their own stablecoins with just a few lines of code.Little BitsVisa pilots stablecoin payments for businesses sending money abroad - Enabling firms to settle in USDC onchain; TradFi inching modular.Keel debuts as Solana’s new “star” with $2.5B DeFi / RWA roadmap — The Sky protocol launches a capital allocator aiming to push $2.5B into Solana DeFi & real-world assets.Monad has launched a code4rena audit contest to audit its code. The CTO James is like Rick from Rick and Morty. Good luck.WHERE TO FIND DCNdailycryptonews.nethttps://twitter.com/DCNDailyCryptoEMAIL or FOLLOW the HostsQuileEmail: kyle@dailycryptonews.netX: @CryptoQuile——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! WE ARE NOT EXPERTS! WE DO NOT GUARANTEE A PARTICULAR OUTCOME. WE 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.

30 Syys 202515min

Sept 26: Aster Refunds Users After $XPL Futures Glitch Sparks Chaos

Sept 26: Aster Refunds Users After $XPL Futures Glitch Sparks Chaos

💸 Aster Refunds Users After Abnormal Price Movements on XPL📈 Regulators Eye Stock Jumps After Corporate Crypto Buys🎭 Korean Actor Hwang Jung-eum Gets Suspended Term in $3M Crypto Case📉 Crypto Market Suffers Red September as Bitcoin Barely Hangs OnSelf Custody Crypto Roth IRA:http://athenic.xyz/Use Code “DCN” for $30 off: DCN📉 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.

26 Syys 202511min

Sept 25: Bitcoin Core v30 Sparks Fight Over Blockchain Data

Sept 25: Bitcoin Core v30 Sparks Fight Over Blockchain Data

⚖️ Athena Bitcoin ATM Operator Accused of Stealing Copyrighted Source Code🔗 Ethereum Layer-2 Rollups Misprice Small Transactions, Study Warns🏛️ Ohio Moves to Accept Crypto Payments for State Fees📊 4 Reasons Why Bitcoin Is Failing to Copy All-Time Highs of Gold and Stocks❓ What’s Wrong With the Crypto Market?🛠️ Bitcoin Upgrade in the Works From Core Developers💥 Crypto Market Liquidations Top $442M as BTC, ETH, SOL Dip▶️ YouTube VideoSelf Custody Crypto Roth IRA:http://athenic.xyz/Use Code “DCN” for $30 off: DCN📉 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.

25 Syys 202518min

Sept 24: Aster Surges Past Hyperliquid in Daily Perps

Sept 24: Aster Surges Past Hyperliquid in Daily Perps

📉 Aster vs. Hyperliquid: Binance Chain DEX Perps Volume Falters💻 North Korean Hackers Drain $1.2M From Seedify Bridge🏛️ Kraken Donates $1M to Pro-Trump PAC for Crypto Privacy Rights🔥 Sam Bankman-Fried’s X Account Awakens, FTT Token Soars💨 Fartcoin Dives 28% in a Week Amid Bearish Sentiment▶️ YouTube VideoSelf Custody Crypto Roth IRA:http://athenic.xyz/Use Code “DCN” for $30 off: DCN📉 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.

24 Syys 202515min

Sept 23: Bitcoin Treasuries Heat Up as Strive Snaps Up Semler

Sept 23: Bitcoin Treasuries Heat Up as Strive Snaps Up Semler

🏦 Strive to Acquire Semler Scientific in $567M All-Cash Bitcoin Deal💻 Nvidia Strikes $100B OpenAI Deal for Historic AI Infrastructure📈 Bakkt Stock Jumps Past Analyst Targets, Adds Crypto Veteran📝 Mirror.xyz Post🔗 Enosys Launches XRP-Backed Stablecoin via Liquity V2 Fork on FlareSelf Custody Crypto Roth IRA:http://athenic.xyz/Use Code “DCN” for $30 off: DCN📉 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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

23 Syys 202527min

Sept 20: Earn 10.8% on USDC

Sept 20: Earn 10.8% on USDC

🧑‍💻 Quantum Computing FUD: Will It Dwarf Blockchain Security?🐦 Cointelegraph Post on X🐋 WhaleInsider Post on X🏦 Coinbase Expands USDC On-Chain LendingSelf Custody Crypto Roth IRA:http://athenic.xyz/Use Code “DCN” for $30 off: DCN📉 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.

20 Syys 202526min

Sept 19: Self-Custody Meets the Roth IRA: Athenic’s Crypto-Native Approach

Sept 19: Self-Custody Meets the Roth IRA: Athenic’s Crypto-Native Approach

Self Custody Crypto Roth IRA:http://athenic.xyz/Use Code “DCN” for $30 off: DCN📉 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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

19 Syys 202540min

Sept 18: China Boots Nvidia in AI Pivot

Sept 18: China Boots Nvidia in AI Pivot

💵 Bitcoin Holds Steady as Fed Cuts Interest Rate📰 “Sell the News”: Bitcoin Market Shrugs Off Fed Decision🐧 Pudgy Penguins’ PENGU Token Jumps Double Digits🇨🇳 China’s Ban on Nvidia Chips Escalates the AI Race🏦 ASIC Grants Stablecoin Distribution Exemption Without AFS License📉 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.

18 Syys 202516min

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