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)

Ledger's Misstep

Ledger's Misstep

Ledger rolled out a new service that store your seed phrase. Is it safe? Hosted on Acast. See acast.com/privacy for more information.

19 Touko 202314min

May 13: NFT Trading, Getting Hacked, DOAs w/ @fxnction

May 13: NFT Trading, Getting Hacked, DOAs w/ @fxnction

Today in Daily Web 3 News: Fxnction has had a hell of the past two years. Going from zero to trading millions in NFTs, to getting hacked. Now he is working on a new project that focuses on how to properly govern communities via DOAs. __________News Links 👇https://twitter.com/fxnction——————————————————————***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! This is NOT an offer to buy or sell securities.Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.I invest in many cryptocurrencies and stocks. They include, #btc , #ethereum , #bnb , #zili , #xyo , #matic, #coinbase, #tesla, #bakkt ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

13 Touko 202359min

May 12: SEC is Unlawful, Haphazard, & Political

May 12: SEC is Unlawful, Haphazard, & Political

Today in Daily Web 3 News: The US has not given the digital asset industry a clear path forward and because of this companies are looking elsewhere. SEC is playing game and the US Chamber of Commerce has finally had enough__________News Links 👇https://decrypt.co/139867/cz-looking-to-offload-majority-stake-binance-us-reporthttps://www.theblock.co/post/230575/do-kwon-bailhttps://www.theblock.co/post/230395/brian-armstrong-compensation-weath-security-coinbasehttps://decrypt.co/139843/chamber-commerce-slams-sec-coinbase-lawsuithttps://www.coindesk.com/markets/2023/05/11/decentralized-exchange-uniswap-trading-volume-outpaces-coinbase-for-4th-consecutive-month/https://www.theblock.co/post/230378/circle-treasury-holdings-debt-default-concern——————————————————————***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! This is NOT an offer to buy or sell securities.Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.I invest in many cryptocurrencies and stocks. They include, #btc , #ethereum , #bnb , #zili , #xyo , #matic, #coinbase, #tesla, #bakkt ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

12 Touko 202312min

May 10: Biden Says Normal Tax Loss Harvesting is MAGA

May 10: Biden Says Normal Tax Loss Harvesting is MAGA

Today in Daily Web 3 News: The EU is rolling out MiCA which is creating a framework for crypto companies to move to 27 EU nations with clear regulations. SEC Commissioner Hester Peirce says the US should do the same thing. Meanwhile, President Biden is calling crypto investors that take normal tax breaks for losses MAGA Republicans. __________News Links 👇https://decrypt.co/139558/europes-crypto-regulations-can-be-model-rules-us-says-hester-peircehttps://decrypt.co/139534/president-biden-decries-tax-loopholes-for-wealthy-crypto-investorshttps://finance.yahoo.com/news/u-prosecutors-look-short-selling-101923858.htmlhttps://unchainedcrypto.com/bitcoin-core-developers-mull-getting-rid-of-brc-20-transactions/https://protos.com/estonia-slashes-crypto-friendly-incentives-ahead-of-mica/https://decrypt.co/139515/rosario-dawson-to-star-in-nft-backed-anime-series-from-gala——————————————————————***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! This is NOT an offer to buy or sell securities.Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.I invest in many cryptocurrencies and stocks. They include, #btc , #ethereum , #bnb , #zili , #xyo , #matic, #coinbase, #tesla, #bakkt ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

10 Touko 202310min

May 9: SBFs Insane Requests, Bittrex Bankruptcy

May 9: SBFs Insane Requests, Bittrex Bankruptcy

Today in Daily Web 3 News: Sam Bankman-Fraud’s lawyers are asking for 10 of 13 of the charges to be dropped because…. Why no? If you don’t ask the answer is always no. 🤷🏽Also my all time favorite exchange is shutting down. __________News Links 👇https://decrypt.co/139420/sbfs-defense-seeks-dismiss-most-criminal-charges-against-ftx-founderhttps://www.theblock.co/post/229881/bankman-fried-crypto-winter-ftx-failure-dismiss-chargeshttps://decrypt.co/139419/p2p-bitcoin-marketplace-paxful-reopens-after-abrupt-closurehttps://decrypt.co/139389/binance-to-bring-bitcoin-nfts-to-binance-nft-marketplace-through-ordinals-supporthttps://decrypt.co/139357/bitcoin-brc-20-tokens-near-billion-market-cap-exchanges-list-ordihttps://www.goldmansachs.com/media-relations/press-releases/2023/announcement-08-may-2023.html——————————————————————***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! This is NOT an offer to buy or sell securities.Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.I invest in many cryptocurrencies and stocks. They include, #btc , #ethereum , #bnb , #zili , #xyo , #matic, #coinbase, #tesla, #bakkt ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

9 Touko 20237min

May 8: A Week of Finance

May 8: A Week of Finance

Today in Daily Web 3 News: Key Events This Week1. CPI inflation data - Wednesday2. PPI inflation data - Thursday3. Jobless claims data - Thursday4. Consumer sentiment data - Friday5. Total of 4 Fed speakers this week6. Last big week of Q1 earnings__________0:00 - Intro1:16 - Week Events2:11 - Binance5:00 - Whistleblower6:50 - Prices__________News Links 👇https://decrypt.co/139259/bitcoin-ddos-ordinals-inscriptions-attackhttps://decrypt.co/139276/binance-calls-bitcoin-withdrawal-pause-learning-opportunityhttps://cointelegraph.com/news/sec-issues-record-whistleblower-award-of-279mhttps://www.coindesk.com/markets/2023/05/08/pepecoin-pepe-drops-nearly-50-from-highs-as-traders-likely-taking-profits-for-ether/——————————————————————***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! This is NOT an offer to buy or sell securities.Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.I invest in many cryptocurrencies and stocks. They include, #btc , #ethereum , #bnb , #zili , #xyo , #matic, #coinbase, #tesla, #bakkt ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

8 Touko 20239min

May 5: Privacy Is On The Ballot

May 5: Privacy Is On The Ballot

Today in Daily Web 3 News: increasing relevance of central bank digital currencies (CBDCs) in political discourse, particularly in the upcoming presidential election. ___________News Links 👇https://decrypt.co/138929/coinbase-reports-736-q1-revenuehttps://cointelegraph.com/news/coinbase-remains-100-committed-to-us-market-armstronghttps://www.coindesk.com/consensus-magazine/2023/05/04/central-bank-digital-currencies-are-unexpectedly-becoming-a-presidential-election-issue/https://www.theblock.co/post/229539/they-want-to-get-rid-of-crypto-florida-governor-ron-desantis-warnshttps://www.theblock.co/post/229603/cash-app-bitcoin-blockhttps://decrypt.co/138916/dcg-barry-silbert-sells-grayscale-ethereum-classic-trust-shareshttps://decrypt.co/138901/ftx-approval-ledgerx-salehttps://decrypt.co/138944/cryptoys-launches-star-wars-digital-toys-nft-collectionhttps://techcrunch.com/2023/05/05/crypto-influencers-targeted-in-kenyas-new-tax-bid/https://www.coindesk.com/markets/2023/05/05/pepe-coin-shorters-lose-millions-as-pepe-jumps-to-900m-valuation/——————————————————————***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! This is NOT an offer to buy or sell securities.Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.I invest in many cryptocurrencies and stocks. They include, #btc , #ethereum , #bnb , #zili , #xyo , #matic, #coinbase, #tesla, #bakkt ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

5 Touko 202310min

May 4: Biden’s White House Crypto Mining Lies

May 4: Biden’s White House Crypto Mining Lies

__________0:00 - Intro0:39 - Biden3:00 - RFK jr3:38 - France4:24 - Lisbon4:55 - OpenSea5:46 - WSB__________News Links 👇https://decrypt.co/138832/white-house-report-30-percent-crypto-mining-taxhttps://www.coindesk.com/markets/2023/05/04/wallstreetbets-themed-tokens-plummets-90-as-insider-dumps-treasury-holdings/https://cointelegraph.com/news/french-senate-proposal-would-allow-influencers-to-promote-cryptocurrencyhttps://cointelegraph.com/news/jury-convicts-former-opensea-manager-in-nft-insider-trading-casehttps://www.coindesk.com/policy/2023/05/03/rfk-jr-raises-crypto-taxes-regulation-as-issues-in-opening-days-of-2024-presidential-race/https://decrypt.co/138706/new-york-berlin-tied-second-place-globe-most-important-crypto-hub-surveyhttps://www.coindesk.com/policy/2023/05/03/allow-influencers-to-promote-registered-crypto-firms-french-senators-say/https://decrypt.co/138691/binance-users-deposited-4b-farm-sui-tokens-ahead-mainnet-launch——————————————————————***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! This is NOT an offer to buy or sell securities.Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.I invest in many cryptocurrencies and stocks. They include, #btc , #ethereum , #bnb , #zili , #xyo , #matic, #coinbase, #tesla, #bakkt ©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

4 Touko 20237min

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