Weekend Roundup May 31 - June 6

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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Episoder(687)

July 1: Battles of SEC

July 1: Battles of SEC

News Links👇https://www.coindesk.com/markets/2024/07/01/bitcoins-potential-rebound-may-face-resistance-at-65k-onchain-analysis-shows/https://thedefiant.io/news/tradfi-and-fintech/sec-expected-to-approve-ethereum-etfs-blackrock-grayscale-await-july-8-decision https://decrypt.co/237561/sec-sues-consensys-oethereum-staking-service-metamask https://www.coindesk.com/policy/2024/06/29/us-judge-lets-most-of-sec-case-against-binance-proceed-dismisses-secondary-sales-charge/ Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.net——————————————————————***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.

1 Jul 20249min

June 28: $SOL ETF, Stablecoin Regulations, and Web3 K-pop

June 28: $SOL ETF, Stablecoin Regulations, and Web3 K-pop

News Links👇https://www.dlnews.com/articles/markets/vaneck-files-for-a-solana-etf-and-says-sol-is-a-commodity/ https://www.dlnews.com/articles/regulation/eu-banking-watchdog-eba-seeks-crypto-experts-ahead-of-mica/ https://dailycoin.com/bitstamp-slashes-euro-tether-ahead-of-mica-implementation/ Asia Focushttps://www.dlnews.com/articles/web3/ava-labs-bets-web3-will-explode-in-20-billion-k-pop-market/ https://www.scmp.com/tech/blockchain/article/3268267/hong-kong-blockchain-gaming-firm-animoca-weighing-2025-26-ipo-founder-says https://cointelegraph.com/news/japanese-institutional-investors-crypto-investments-2024 Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsAffiliate Partners:https://cyberstrategyinstitute.com/warden/Contact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.net——————————————————————***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.

28 Jun 202414min

June 27: Recent Disappointments in the Tech Industry

June 27: Recent Disappointments in the Tech Industry

News Links👇https://www.dlnews.com/articles/markets/polymarket-bets-on-words-biden-and-trump-say-during-debate/https://decrypt.co/237218/openai-voice-mode-delay-backlashhttps://www.dlnews.com/articles/markets/sean-parkeer-greycroft-invest-32-milllion-usd-in-stability-ai/https://decrypt.co/237127/ethereum-layer-2-blast-airdrop-354-million-why-upsethttps://decrypt.co/237186/cryptoqueen-ruja-ignatova-new-5-million-reward-fbi_______Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsAffiliate Parters: https://cyberstrategyinstitute.com/warden/Contact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.net——————————————————————***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.

27 Jun 202410min

June 26: Toys R Us AI Ad & AI Cancer Detector

June 26: Toys R Us AI Ad & AI Cancer Detector

News Links👇https://decrypt.co/237017/ai-film-toys-r-us-sora-controversyhttps://decrypt.co/237007/ai-cancer-detection-98-percent-accurate-cambridgehttps://www.coindesk.com/markets/2024/06/26/renewed-bullishness-expected-after-bitcoin-ethers-10b-options-expiry-on-friday/https://decrypt.co/237026/blasts-token-airdrop-everything-you-need-knowhttps://www.dlnews.com/articles/markets/vaneck-waives-fee-for-ethereum-etf-as-battle-heats-up/https://decrypt.co/236945/rep-matt-gaetz-bill-federal-tax-payments-bitcoin_______Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsAffiliate Parters: https://cyberstrategyinstitute.com/warden/Contact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.net——————————————————————***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 Jun 202411min

June 25: Price Drops, Advisor Rehiring, and Wealth Projections

June 25: Price Drops, Advisor Rehiring, and Wealth Projections

News Links👇https://decrypt.co/236775/bitcoin-price-falls-further-crypto-liquidations-330-millionhttps://www.coindesk.com/markets/2024/06/25/mt-gox-redemption-fears-overblown-say-traders-as-10b-btc-holdings-draw-concerns/https://decrypt.co/236794/biden-admin-rehires-crypto-advisor-critical-sechttps://www.dlnews.com/articles/snapshot/boomer-wealth-transfer-will-push-bitcoin-to-600k/https://www.dlnews.com/articles/defi/certik-bug-found-in-kraken-used-on-other-crypto-exchanges/_______Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsAffiliate Parters: https://cyberstrategyinstitute.com/warden/Contact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.net——————————————————————***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 Jun 202411min

June 24: More Price Drops? 50 Cent didn’t endorse GUNIT

June 24: More Price Drops? 50 Cent didn’t endorse GUNIT

News Links👇https://www.coindesk.com/markets/2024/06/24/bitcoins-double-top-suggests-btc-could-fall-to-50k-analyst/ https://cointelegraph.com/news/ether-price-could-fall-after-ethereum-etfs-launch https://cryptonews.com/news/hacker-uses-50-cents-twitter-to-promote-solana-meme-coin-heres-what-happened.htm https://www.coindesk.com/markets/2024/06/21/mckinsey-sees-just-2t-of-tokenized-rwas-by-2030-in-base-case-with-broad-adoption-still-far-away/ https://cointelegraph.com/news/metaplanet-billion-yen-bond-sale-buy-bitcoin Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.net——————————————————————***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 Jun 202415min

Pulse Markets 101

Pulse Markets 101

Welcome to Pulse Markets 101! This time, Sarah talks to Pulse Intern about the most interesting social media, creators’ platform onchain, Pulse Markets. Where to find Pulse Markets👉 Website: https://pulse.Marketss/ 👉 X: https://x.com/_pulseMarketss Enjoy the talk that you can’t hear anywhere else than here, Daily Crypto News! ——————————————————————***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 LLC Hosted on Acast. See acast.com/privacy for more information.

22 Jun 202427min

June 21: $SOL ETF Launch, Panic in Korea & Revival of FTX Japan

June 21: $SOL ETF Launch, Panic in Korea & Revival of FTX Japan

News Links👇https://decrypt.co/236351/ethereum-tv-ad-etf-launch-bitwise https://x.com/BitwiseInvest/status/1803789737620078875 https://decrypt.co/236391/solana-etf-proposal-3iq-canada Asia Focushttps://cointelegraph.com/news/south-korea-law-quarterly-review-crypto-token-listing https://cointelegraph.com/magazine/crypto-rumors-spark-panic-in-korea-binance-airdrops-for-bnb-hodlers-asia-express/https://cryptoslate.com/bitflyer-to-acquire-ftx-japan-pivot-to-institutional-crypto-custody/https://coingape.com/hong-kong-to-debut-special-crypto-license-amid-low-tax-rate-advantage/ Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.net——————————————————————***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.

21 Jun 202412min

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