June 17: Elon, SpaceX, Stablecoins, and the Trillion-Dollar Question

June 17: Elon, SpaceX, Stablecoins, and the Trillion-Dollar Question

Matt opens the show by examining the SpaceX IPO frenzy and the staggering scale of Elon Musk's reported trillion-dollar net worth, arguing that most people underestimate the difference between millions, billions, and trillions. He explores what that level of wealth means in terms of influence, ownership, and market power, while reflecting on why investors continue pouring capital into AI and aerospace companies.


On the crypto side, the episode covers BlackRock's new Bitcoin income fund, the launch of a privacy-focused institutional DeFi yield product on Ethereum, congressional efforts to block a U.S. CBDC, and growing stablecoin adoption in countries like Nigeria. Matt also explores a larger question facing the industry: crypto's infrastructure is maturing rapidly, but when will Bitcoin, Ethereum, and blockchain technology become products that ordinary people use every day rather than assets people simply trade and hold?


Happy HODLing, Everyone.

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Episoder(784)

June 18: Rate Hikes, Strategy's Problem, and How I Accidentally Bought a Lexus

June 18: Rate Hikes, Strategy's Problem, and How I Accidentally Bought a Lexus

Kevin Warsh held rates steady but surprised markets by signaling that rate hikes remain on the table, with nine of eighteen Fed officials now projecting at least one increase this year as inflation co...

18 Jun 10min

CRAIG COBB: BITCOIN SMASHES THROUGH SUPPORT AS BEARS TAKE CONTROL

CRAIG COBB: BITCOIN SMASHES THROUGH SUPPORT AS BEARS TAKE CONTROL

Craig says Bitcoin did exactly what he expected, breaking below the critical $74,000 support level and quickly falling through $65,000. He believes both the weekly and monthly charts now confirm a dow...

17 Jun 7min

June 16: Damn SPCX, BlackRock Launches Bitcoin Income ETF

June 16: Damn SPCX, BlackRock Launches Bitcoin Income ETF

Matt opens the show discussing the ongoing SpaceX IPO frenzy, admitting a serious case of FOMO as the stock surged from its $135 allocation price to over $200 in just a few days. He breaks down why so...

16 Jun 8min

June 15: SpaceX, Strategy, and Why Number Keeps Going Up

June 15: SpaceX, Strategy, and Why Number Keeps Going Up

SpaceX officially debuted on public markets, and Matt discusses how several Daily Crypto News listeners successfully traded the IPO while asking whether the stock's long-term potential justifies its m...

15 Jun 10min

June 12: SpaceX IPO Day, Bitcoin Battles AI, and Miners Feel the Pressure

June 12: SpaceX IPO Day, Bitcoin Battles AI, and Miners Feel the Pressure

SpaceX finally debuts on public markets as investors weigh whether the IPO will pull capital away from Bitcoin, AI, and other speculative assets. We also cover Metaplanet's latest Bitcoin expansion, n...

12 Jun 10min

June 11: BlackRock, Tokenization, and the Next Phase of Crypto

June 11: BlackRock, Tokenization, and the Next Phase of Crypto

Today we cover the continued institutionalization of crypto as BlackRock moves closer to launching a Bitcoin income ETF, Japan advances legislation that could pave the way for crypto ETFs, and the CFT...

11 Jun 9min

June 10: CPI Risk, AI Stock Weakness, Botanix Shutdown

June 10: CPI Risk, AI Stock Weakness, Botanix Shutdown

Bitcoin remains under pressure as investors await the latest CPI report, with economists expecting inflation to rise to 4.2% year-over-year and core inflation approaching 3%. While inflation remains e...

10 Jun 14min

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