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!

Hosted on Acast. See acast.com/privacy for more information.

Episoder(684)

Aug 16: Coinbase Futures, Helium's Crypto Wireless Network, Trump's Wallet, ARB Dilution

Aug 16: Coinbase Futures, Helium's Crypto Wireless Network, Trump's Wallet, ARB Dilution

Coinbase secures approval for crypto futures trading in the US, expanding its offerings. Helium Mobile introduces a crypto-powered wireless network in Miami, revolutionizing connectivity. PayPal UK delays crypto purchases until 2024, affecting its users' access to digital assets. Donald Trump's crypto wallet reveals holdings over $5 million, according to new filings. BitGo raises $100 million after scrapping a Prime Trust deal. Crypto founder Tai Lopez no longer owns Radioshack. Silvergate CEO departs amid ongoing bank shutdown. Arbitrum is set to unlock $12 billion in ARB tokens in March 2024.#CryptoNews #Coinbase #CryptoFutures #Helium #WirelessNetwork #PayPal #DonaldTrump #BitGo #TaiLopez #Silvergate #Arbitrum_________News Links 👇https://www.reuters.com/markets/us/coinbase-gets-approval-allow-crypto-futures-trading-us-2023-08-16/https://decrypt.co/152533/helium-mobile-debuts-crypto-wireless-network-miami-5-monthhttps://cointelegraph.com/news/paypal-uk-to-halt-crypto-purchases-until-2024https://decrypt.co/152628/donald-trump-crypto-wallet-holds-over-5-million-new-filings-showhttps://www.coindesk.com/business/2023/08/16/bitgo-raises-100m-after-scrapping-prime-trust-deal-bloomberg/https://protos.com/crypto-founder-tai-lopez-doesnt-own-radioshack-anymore/https://decrypt.co/152635/silvergate-ceo-departs-with-benefits-as-bank-shutdown-continueshttps://www.coindesk.com/markets/2023/08/16/arbitrum-will-unlock-12b-arb-in-march-2024-token-unlocks/——————————————————————***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

16 Aug 20239min

Aug 15: Traveling Today

Aug 15: Traveling Today

Daily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

15 Aug 20231min

Aug 14: Sam Bankman-Fried's Jailed, SEC's ETF Decision, Crypto Scams, Coca-Cola NFTs

Aug 14: Sam Bankman-Fried's Jailed, SEC's ETF Decision, Crypto Scams, Coca-Cola NFTs

Sam Bankman-Fried's bail revoked, raising questions about his legal fate. The SEC puts the brakes on Ark 21Shares Bitcoin ETF. Former SEC attorney John Reed Stark offers insights on Bitcoin Spot ETF. The disappearance of $900K spotlights Vintage Bitcoin Project Libbitcoin. Twitter takes steps against crypto scams. Curve Finance pledges reimbursement after a hack. An anonymous crypto NFT user burns $8M without explanation. Coca-Cola enters the NFT space with Ethereum and Coinbase collaboration.#CryptoNews #SamBankmanFried #SEC #BitcoinETF #CryptoScams #NFT #CurveFinance #CocaCola #Ethereum #Coinbase_________News Links 👇https://decrypt.co/152210/sam-bankman-fried-going-to-jail-judge-revokes-bailhttps://decrypt.co/152184/sec-pumps-brakes-on-ark-21shares-bitcoin-etfhttps://decrypt.co/152357/former-sec-attorney-john-reed-stark-bitcoin-spot-etfhttps://www.coindesk.com/tech/2023/08/14/disappearance-of-900k-puts-focus-on-vintage-bitcoin-project-libbitcoin/https://www.theblock.co/post/244588/twitter-lists-crypto-scamshttps://cointelegraph.com/news/curve-finance-vows-to-reimburse-users-after-hackhttps://nftnow.com/news/anonymous-crypto-nft-user-burns-8m-with-no-explanation/https://www.theblock.co/post/244624/coca-cola-masterpiece-nft-ethereum-coinbase-basehttps://www.coca-cola.com/us/en/offerings/masterpiecegallery——————————————————————***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

14 Aug 20237min

Aug 11: Asian Crypto Developments, Worldcoin Reservations, Kraken Dominance, Binance Compliance, Bittrex Settlement, Solana Updates

Aug 11: Asian Crypto Developments, Worldcoin Reservations, Kraken Dominance, Binance Compliance, Bittrex Settlement, Solana Updates

Get your daily dose of crypto updates! Worldcoin's WLD reservations scrutinized over unverified users. Kraken surpasses Coinbase as the most liquid US altcoin exchange, as per Kaiko. Binance aims to register in Taiwan for AML compliance. Bittrex agrees to a $24 million SEC lawsuit settlement. Solana saga continues with phone price cuts. Gemini introduces XRP deposits post Ripple Labs' legal win. Japanese Soramitsu leverages digital currency to link Asian nations. Binance denies billions in crypto trades in China. Upbit's trading volume rises, while an in-depth exchange review is released.#CryptoNews #Worldcoin #Kraken #Binance #Bittrex #Solana #Gemini #Soramitsu #Upbit #CryptoExchange_________News Links 👇https://cointelegraph.com/news/binance-denies-reports-of-billions-in-crypto-trades-in-chinahttps://www.wsj.com/articles/crypto-is-illegal-in-china-binance-does-90-billion-of-business-there-anyway-2a0af975 https://blockworks.co/news/upbit-second-trading-volume https://www.coindeskkorea.com/news/articleView.html?idxno=92378 https://assets-global.website-files.com/63e3774c88285e5c6cbf3b9d/64cb85217e6b66a1f0b40240_Exchange%20Review%20July%20.pdf Hosted on Acast. See acast.com/privacy for more information.

11 Aug 202313min

Aug 10: Apple & Epic Clash, Regulatory Moves, XRP Appeal, Crypto Wallet Security, Bitcoin's Momentum

Aug 10: Apple & Epic Clash, Regulatory Moves, XRP Appeal, Crypto Wallet Security, Bitcoin's Momentum

Uncover the latest developments in the dynamic world of cryptocurrency! The clash between Apple and Epic Games over NFTs heats up as App Store rules come into play. Top Democrat Maxine Waters raises concerns about PayPal's stablecoin launch. The SEC's appeal in the XRP sales ruling sends ripples through the crypto community. France takes steps towards implementing MICA for crypto firms, while a report highlights the need for penetration testing in crypto wallet brands. Bitcoin's price retreats below $30,000 ahead of a US CPI release, shaping the market sentiment.#DailyCryptoNews #NFTs #Regulations #XRP #CryptoWallets #Bitcoin #MarketUpdate_________News Links 👇https://decrypt.co/151950/apple-app-store-rules-epic-games-purchases-nftshttps://decrypt.co/151885/top-democrat-maxine-waters-deeply-concerned-over-launch-of-paypal-stablecoinhttps://decrypt.co/151955/sec-appeal-xrp-sales-ruling-ripplehttps://www.coindesk.com/policy/2023/08/10/france-steps-closer-to-implementing-mica-for-crypto-firms/https://cointelegraph.com/news/most-crypto-wallet-brands-havent-undergone-penetration-testing-reporthttps://www.theblock.co/post/243964/bitcoin-retreats-back-below-30000-ahead-of-us-cpi-release——————————————————————***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

10 Aug 202313min

Aug 9: Stablecoin Market, Trading Shifts, Memes Fuel Market, Cardano Moves, and Bitcoin ETF Hype

Aug 9: Stablecoin Market, Trading Shifts, Memes Fuel Market, Cardano Moves, and Bitcoin ETF Hype

The stablecoin market is set to erupt, potentially reaching an astounding $3 trillion within the next five years, according to Bernstein's projections. In the world of trading, Bitstamp's strategic decision to halt trading for Solana, Polygon, and five other altcoins in the US leaves users speculating on the impact. Our journey takes us through the unpredictable waters of meme tokens, as Shib and Pepe tokens unexpectedly lead the market gains, while the US Federal Reserve adds intrigue with its crypto supervision program launch. Cardano enthusiasts, we've got you covered too, as the Cardano DEX, Muesliswap, aims to refund users amidst a storm of high slippage. And the spotlight turns towards the Bitcoin ETF saga, with the SEC approval anticipation discussed by industry heavyweights Michael Novogratz and Cathie Wood. Join us for a thrilling ride through the latest in the crypto world on Daily Crypto Buzz!#DailyCryptoBuzz #StablecoinMarket #Bitstamp #MemeTokens #CardanoDEX #BitcoinETF #CryptoNews #CryptocurrencyUpdates_________News Links 👇https://www.coindesk.com/markets/2023/08/09/stablecoin-market-to-grow-to-almost-3t-in-next-5-years-bernstein/https://decrypt.co/151836/bitstamp-end-trading-solana-polygon-5-other-altcoins-us-usershttps://decrypt.co/151837/shib-pepe-lead-market-gains-us-fed-launches-crypto-supervision-programhttps://cointelegraph.com/news/cardano-dex-muesliswap-refund-users-high-slippagehttps://decrypt.co/151809/spot-bitcoin-etf-sec-approval-michael-novogratz-cathie-wood——————————————————————***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

9 Aug 20235min

Aug 8: PayPal's PyUSD Impact, Scammers Run Wild, Hub’s Whale

Aug 8: PayPal's PyUSD Impact, Scammers Run Wild, Hub’s Whale

News Links 👇https://decrypt.co/151586/payments-giant-paypal-launches-dollar-pegged-stablecoinhttps://decrypt.co/151633/paypal-pyusd-stablecoin-competition-force-regulatorshttps://decrypt.co/151632/scammers-rush-to-exploit-paypals-pyusd-launch-flooding-uniswap-with-fake-tokenshttps://www.coindesk.com/tech/2023/08/07/crypto-exchange-mangos-legal-bills-swell-a-year-after-alleged-116m-heist/https://www.coindesk.com/markets/2023/08/08/huobi-receives-200m-usdt-9m-ether-from-whale/https://blockworks.co/news/crypto-exchanges-major-payment-license-singaporehttps://www.coindesk.com/business/2023/08/07/solana-based-cypher-protocol-experiences-exploit-freezes-smart-contract/——————————————————————***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 LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

8 Aug 20239min

Aug 7: Elon Musk's Robs Handles, Bitcoin Trends, 8% Stablecoin APY

Aug 7: Elon Musk's Robs Handles, Bitcoin Trends, 8% Stablecoin APY

Huobi's stablecoin reserves decline amidst reports of executive arrests, the fusion of fashion and crypto in Copenhagen Fashion Week's Drest game, and the soaring stablecoin deposits in MakerDAO. Additionally, get insights into the closure of nearly 100 crypto funds this year, legal battles involving crypto lender Celsius, and the hopeful return of assets in the aftermath of the Curve hack. Tune in for a comprehensive update on the latest crypto trends and developments!#CryptoNews #ElonMusk #Bitcoin #Stablecoins #Ethereum #CryptoTrends #Cryptocurrency #SEC #FashionWeek #CryptoFunds #CurveHack_________News Links 👇https://decrypt.co/151461/elon-musk-twitter-x-crypto-token-denialhttps://decrypt.co/151561/long-term-bitcoin-holder-metric-hits-new-all-time-highhttps://www.theblock.co/post/243310/tether-bitcoin-11th-largest-holderhttps://www.theblock.co/post/243213/bitcoin-stays-stagnant-ahead-of-pending-sec-spot-etf-decisionshttps://www.theblock.co/post/243514/ethereum-mystery-burnhttps://www.coindesk.com/markets/2023/08/07/huobis-stablecoin-reserves-down-30-amid-reports-of-executive-arrests/https://decrypt.co/151520/copenhagen-fashion-week-drest-gamehttps://decrypt.co/151557/stablecoin-deposits-maker-soar-dai-interest-rates-hit-8https://www.theblock.co/post/243303/almost-100-crypto-funds-have-closed-this-year-reporthttps://www.reuters.com/legal/founder-bankrupt-crypto-lender-celsius-must-face-ny-fraud-lawsuit-2023-08-04/https://www.coindesk.com/markets/2023/08/04/looter-behind-61m-curve-hack-starts-returning-assets-raising-hope-for-recovery/https://www.theblock.co/post/243513/lido-july-2023-tvl-adoption——————————————————————***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.

7 Aug 202314min

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