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(684)

May 3: This Fast Food Giant is the Best Economic Indicator

May 3: This Fast Food Giant is the Best Economic Indicator

0:00 - Intro0:51 - Hedge2:14 - WH Tax3:24 - Balaji3:48 - Celsius5:18 - Sui6:46 - FED8:03 - MCD’s9:53 - Limewire__________News Links 👇https://decrypt.co/138551/coinbase-international-exchange-btc-and-eth-perpetual-futureshttps://fortune.com/crypto/2023/05/02/gemini-launches-offshore-crypto-derivatives-platform/https://www.coindesk.com/policy/2023/05/02/white-house-pushes-for-punitive-tax-on-crypto-mining/https://decrypt.co/138632/balaji-srinivasan-burns-1-million-bitcoinhttps://www.theblock.co/post/229211/alex-mashinsky-celsius-nys-lawsuit-defensehttps://www.coindesk.com/markets/2023/05/03/fed-preview-bitcoin-rally-may-run-into-a-hiccup-if-powell-sticks-to-data-dependent-policy-path-crypto-observers-say/https://decrypt.co/138608/sui-token-and-network-launch-what-you-need-to-knowhttps://decrypt.co/138639/where-to-get-sui-how-does-it-workhttps://www.coindesk.com/markets/2023/05/03/pepecoin-overtakes-dogecoin-shiba-inu-trading-volumes-as-early-buyers-take-profits/——————————————————————***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.

3 Touko 202311min

May 2: Justin Sun’s Sneaky $56,444,454 Transfer

May 2: Justin Sun’s Sneaky $56,444,454 Transfer

Today in Daily Web 3 News: Justin Sun transferred $56 million in TUSD to Binance, but Binance CEO Changpeng Zhao warned against potential SUI token grab, saying the Binance Launchpool is meant for retail users, not just whales. Meanwhile, Cathie Wood's Ark Invest bought $8.4 million in Coinbase shares, and a complaint was filed against Coinbase's KYC procedures. A lawsuit also claimed that Coinbase insiders didn't disclose negative information and got $1 billion richer. Finally, the Blur NFT lending protocol received mixed reactions from the community. __________0:00 - Intro1:02 - CB Excs3:37 - Ill Lawsuit5:34 - ARK6:20 - Tron/Sui8:44 - BLUR__________News Links 👇https://www.theblock.co/post/229049/coinbase-insider-lawsuit-brian-armstrong-marc-andreessenhttps://www.theblock.co/post/229024/coinbase-kyc-complaint-bipahttps://www.theblock.co/post/229030/coinbase-ark-invest-cathie-wood-may-1-buyhttps://decrypt.co/138471/justin-sun-calls-56m-token-transfer-binance-oversight-requests-full-refundhttps://decrypt.co/138498/you-can-now-use-your-jpegs-borrow-ethereum-nft-marketplace-blurhttps://decrypt.co/138471/justin-sun-calls-56m-token-transfer-binance-oversight-requests-full-refund——————————————————————***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.

2 Touko 202312min

May 1: Hacks, Thefts, & Malware

May 1: Hacks, Thefts, & Malware

Today in Daily Web 3 News: Any new tech has bad actors using it. How do you protect yourself? __________0:00 - Intro0:52 - AT&T 2:10 - Ohio3:16 - Mac OS5:34 - Dorsey Mining__________News Links 👇https://techcrunch.com/2023/04/26/hackers-are-breaking-into-att-email-accounts-to-steal-cryptocurrency/https://decrypt.co/138453/gemini-warns-barry-silbert-digital-currency-group-630m-default-riskhttps://decrypt.co/138445/ohio-man-steals-bitcoin-from-brother-prisonhttps://decrypt.co/138438/bitcoin-transactions-soar-as-ordinals-barrell-past-2-5-million-notch-daily-recordhttps://bitcoinist.com/jack-dorseys-block-takes-major-step-in-bitcoin-mining-chip-development/https://9to5mac.com/2023/04/28/atomic-macos-stealer-malware-steal-passwords/https://decrypt.co/138381/lightning-labs-bitcoin-billions-updatehttps://decrypt.co/138454/pepe-coin-enters-markets-top-100-cryptocurrencies-soaring-overnight——————————————————————***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.

1 Touko 20238min

April 28: WAR! COINBASE VS THE SEC

April 28: WAR! COINBASE VS THE SEC

Today in Daily Web 3 News: A battles is staring between Coinbase and the SEC. Yesterday, shots were fired from both sides. Listen to both the SEC and Coinbase start their positions. __________0:00 - Intro5:13 - SEC Statement9:10 - Coinbase Statement __________News Links 👇——————————————————————***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.

28 Huhti 202323min

April 27: Bitcoin’s 7% Plunge!

April 27: Bitcoin’s 7% Plunge!

Today in Daily Web 3 News: Bitcoin crashed from $30k to $27k and then back up to $29k. What is going on? Hong Kong is poised to be the crypto hub of world. And, exchanges are lawyering up.__________0:00 - Intro1:06 - HK3:16 - Bittrex3:57 - Binance5:34 - Seed Phrase6:50 - Chain Link__________News Links 👇https://decrypt.co/138086/bitcoin-plunges-7-in-an-hour-to-under-28000-as-mt-gox-us-gov-wallets-movehttps://decrypt.co/138014/bitcoin-retakes-29000-amid-first-republic-bank-uncertaintyhttps://decrypt.co/138158/hong-kongs-crypto-licensing-regime-expected-launch-next-monthhttps://www.coindesk.com/policy/2023/04/26/bittrex-global-ceo-says-firm-will-fight-sec-charges-did-not-serve-us-customers/https://decrypt.co/138065/binance-ceo-lawyers-up-amid-chilling-u-s-crypto-regulatory-climatehttps://decrypt.co/138089/meta-profits-slump-metaverse-bet-billionshttps://cointelegraph.com/news/bitcoin-advocate-cracks-known-12-word-seed-phrase-in-minutes——————————————————————***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.

27 Huhti 20239min

April 26: Voyager Deal Dead! Binance in Regulatory Firestorm!

April 26: Voyager Deal Dead! Binance in Regulatory Firestorm!

Today in Daily Web 3 News: Binance US Terminates $1B Asset Buy Deal with Voyager, CFTC Commissioner Talks Anonymity Technology, Ark Invest and 21Shares Remain Committed to Bitcoin ETF, Apple Removes Bitcoin Whitepaper from Computers After Discovery, and OpenSea Valuation Slashed 76% by Tiger Global__________0:00 - Intro1:10 - CFTC Binance4:06 - Hypocrite5:37 - ARK ETF6:34 - BTC White Paper7:15 - OpenSea__________News Links 👇https://www.coindesk.com/business/2023/04/25/voyager-says-binanceus-sent-letter-terminating-1b-asset-buy-deal/https://blockworks.co/news/cftc-commissioner-anonymity-technologyhttps://decrypt.co/137924/ark-invest-and-21shares-arent-backing-down-from-bitcoin-etf-bethttps://decrypt.co/137968/bitcoin-whitepaper-removed-from-apple-computers-following-belated-discoveryhttps://www.coindesk.com/policy/2023/04/26/bahamas-seeks-to-tighten-its-crypto-laws-following-ftx-collapse/https://decrypt.co/137874/apple-tax-ios-illegal-judge-affirms-good-for-crypto-nftshttps://www.dlnews.com/articles/web3/opensea-valuation-slashed-76-by-tiger-global/——————————————————————***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.

26 Huhti 202310min

April 25: VISA Prepares for Crypto Bull

April 25: VISA Prepares for Crypto Bull

Today in Daily Web 3 News: Visa is looking for crypto devs, Coinbase is suing the SEC and “standing with crypto”, and BitBoy is taunting lawyer.__________0:00 - Intro0:59 - VISA1:57 - Coinbase3:07 - Daniel Shin3:39 - Bitboy__________News Links 👇https://blockworks.co/news/visa-crypto-hiringhttps://decrypt.co/137742/visa-stepping-up-crypto-ambitions-with-web3-developer-job-adhttps://decrypt.co/resources/ethereums-erc-4337-standard-a-game-changing-user-friendly-innovationhttps://decrypt.co/137825/coinbase-ceo-backs-stand-with-crypto-nft-campaignhttps://www.theblock.co/post/228004/bitboy-lawsuit-tweets——————————————————————***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.

25 Huhti 20236min

April 24: Apples 4.15% APY Savings Account

April 24: Apples 4.15% APY Savings Account

Today in Daily Web 3 News: Apple Card users can now access a savings account with an APY of 4.15%, which is over 15 times the national average. The account has no monthly fees or minimum balance requirements, but there is a maximum balance limit of $250,000. The account is provided by Goldman Sachs and is insured by the FDIC. While there are online accounts offering slightly higher rates, the Apple Savings account is higher than what most banks offe__________0:00 - Intro0:57 - Apple5:57 - Zim Dollar6:43 - China CBDC7:15 - Trust Hack7:49 - BAYC__________News Links 👇https://www.nerdwallet.com/article/banking/apples-new-4-15-apy-high-yield-savings-account-what-to-knowhttps://cointelegraph.com/news/zimbabwe-s-central-bank-to-issue-gold-backed-digital-currency-reporthttps://cointelegraph.com/news/trust-wallet-to-reimburse-users-after-170-000-security-incidenthttps://decrypt.co/137577/bored-ape-creator-yuga-labs-claims-landmark-legal-victory-over-copycat-nftshttps://www.bankrate.com/banking/savings/new-apple-savings-account/——————————————————————***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.

24 Huhti 202310min

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