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(686)

April 5: Hacks Up 192%, NFT Volume Tops $2B, Paxful Closes

April 5: Hacks Up 192%, NFT Volume Tops $2B, Paxful Closes

Today in Daily Web 3 News: Even though hacks are up this year, the total amount taken is down. All the while NFTs are blazing! Kinda…. And, peer to peer network closes. __________News Links 👇 https://decrypt.co/125384/number-crypto-hacks-scams-jumps-192-year-over-year-immunefihttps://unchainedcrypto.com/tether-used-signature-banks-signet-to-access-us-financial-system-report/https://www.coindesk.com/business/2023/04/05/swiss-government-owned-bank-postfinance-to-offer-customers-crypto/https://decrypt.co/125450/criminal-trump-nfts-rise-as-former-president-faces-34-felony-chargeshttps://decrypt.co/125444/nft-sales-near-2-billion-march-blurhttps://decrypt.co/125411/paxful-bitcoin-marketplace-closure-cofounder-lawsuithttps://decrypt.co/125410/opensea-no-fee-pro-marketplace-nft-rewardshttps://blockworks.co/news/nft-dex-collection-xyzhttps://www.theblock.co/post/224781/su-zhu-opnx-launches-token-giveawayhttps://www.coindesk.com/markets/2023/04/05/ethereums-shanghai-upgrade-could-bring-24b-of-selling-pressure-to-ether-market/https://www.theblock.co/post/224950/tokenized-gold-tops-1-billion-market-cap-amid-banking-crisis-concernshttps://decrypt.co/125485/ethereum-lsd-tokens-rise-ahead-next-weeks-shapella-upgrade——————————————————————***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.©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

5 Apr 202310min

April 4: Twitter or DOGE? No Xi JinPing on Midjourney, Binance Loses Marketshare

April 4: Twitter or DOGE? No Xi JinPing on Midjourney, Binance Loses Marketshare

Today in Web 3 News: Elon shocks the world by changing the Twitter logo to DOGE. Meanwhile Midjourney AI picture generator banned all prompts for China’s President Xi JinPing. And, Binance loses marketshare in the wake of CFTC law suits. __________News Links 👇 https://decrypt.co/125345/midjourneys-ai-platform-blocks-images-of-chinese-president-sparking-ethics-debatehttps://decrypt.co/125360/yuga-labs-joins-gucci-to-announce-otherside-themed-jewelryhttps://www.theblock.co/post/224683/binance-denies-changpeng-zhao-cz-faces-interpol-red-notice-spokespersonhttps://decrypt.co/125299/dogecoin-surges-doge-replaces-bird-logo-twitterhttps://www.theblock.co/post/224490/uniswap-volume-coinbase-best-monthhttps://www.coindesk.com/tech/2023/04/03/pancakeswap-dex-launches-version-3-on-bnb-chain-and-ethereum/https://www.coindesk.com/markets/2023/04/04/bitcoin-volatility-indexs-correlation-with-price-flips-positive-boosts-appeal-of-bullish-call-options/https://www.coindesk.com/markets/2023/04/04/dogecoin-futures-liquidations-jumps-to-26m-after-twitter-displays-tokens-logo-for-some-users/https://www.coindesk.com/markets/2023/04/04/binance-market-share-hits-lowest-since-november-after-cftc-lawsuit-end-of-zero-fee-trading/——————————————————————***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.©Copyright 2023 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

4 Apr 20238min

April 3: US BTC Liquidity, Bittrex Closes, A.I. Fake News

April 3: US BTC Liquidity, Bittrex Closes, A.I. Fake News

Today in Daily Web 3 News: One of my OG exchanges is closing in the US and I am sad about it. There is a liquidity problem in US markets for crypto. And, AI is getting out of control and fake news is hard to tell apart from real news. __________News Links 👇 https://cointelegraph.com/news/ftx-eu-launches-withdrawal-website-to-pay-back-european-usershttps://decrypt.co/125087/crypto-exchange-bittrex-shut-down-us-operationshttps://blockworks.co/news/blackrock-rate-hikes-short-term-volatility-cryptohttps://cointelegraph.com/news/bitcoin-liquidity-drops-to-10-month-low-amid-us-bank-runhttps://decrypt.co/125081/us-government-dumps-seized-silk-road-bitcoinhttps://cointelegraph.com/news/btc-price-double-top-coming-5-things-to-know-in-bitcoin-this-weekhttps://cointelegraph.com/news/an-ambitious-project-opens-the-doors-to-the-metaverse-in-the-heart-of-dubaihttps://decrypt.co/124972/midjourney-free-ai-image-generation-stopped-over-deepfakeshttps://freeross.org——————————————————————***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 Apr 20239min

Long Form: What's the Fallout from CFTC Binance Lawsuit w/ Leo Mizuhara

Long Form: What's the Fallout from CFTC Binance Lawsuit w/ Leo Mizuhara

Everyone has spoke about the facts of the CFTC lawsuit. However not many people are talking about the affects.Besides maybe closing Binance US… I don’t see there being any globally because this is a US based situation. What do you think?I am looking at this as a political battle between CFTC and the SEC…. Am I right with this? Do you know what the different outcome would be if everything is a commodity vs security?Seems there was actual shenanigans at Binance, is the shenanigans because of the inability to operate in a regulated environment (see Coinbase) or because they are bad actors that just want to break the rules of the system? ***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 Apr 202338min

March 31: The RESTRICT Act: Why We Need to Control Our Data

March 31: The RESTRICT Act: Why We Need to Control Our Data

The RESTRICT Act is thought of as the Patriot Act 2.0, as it give the executive branch of our government control of internet speech. This is a conversation we all should be paying attention to and create solutions that align with the values we hold dear and that protect liberty. _________News Links 👇 https://www.jdsupra.com/legalnews/the-restrict-act-a-potential-new-1582223/https://www.youtube.com/watch?v=sxV53vkqogs——————————————————————***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.

31 Mar 202317min

March 30: Matt Damon’s Lame Crypto.com Excuse & SEC Says Rules Already Exist

March 30: Matt Damon’s Lame Crypto.com Excuse & SEC Says Rules Already Exist

Matt Damon said that he only took the crypto.com money to… well… let’s see if you believe him. Gary Gensler goes in front of the US Senate. And Binance US clients have issues withdrawing their cash.News Links 👇 https://decrypt.co/124936/matt-damon-did-crypto-com-ad-due-down-year-clean-water-foundationhttps://cointelegraph.com/news/okx-seeks-australian-expansion-citing-huge-appetite-for-cryptohttps://www.theinformation.com/articles/gemini-preps-overseas-derivatives-exchange-to-offer-perpetual-futureshttps://decrypt.co/124872/sec-gensler-insists-clear-rules-crypto-already-existhttps://unchainedcrypto.com/binance-us-says-ach-withdrawals-disrupted-for-small-subset-of-users/https://blockworks.co/news/sec-charges-beaxy-exchangehttps://decrypt.co/124872/sec-gensler-insists-clear-rules-crypto-already-existhttps://decrypt.co/124908/candy-digital-pushes-forward-new-mlb-nfts-after-fanatics-divestmenthttps://www.reuters.com/legal/ftxs-bankman-fried-plead-not-guilty-campaign-finance-china-bribery-charges-2023-03-30/——————————————————————***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.

30 Mar 20238min

March 29: SBF Alleged China Bribery, Binance & Voyager, Kraken’s F1 Sponsorship

March 29: SBF Alleged China Bribery, Binance & Voyager, Kraken’s F1 Sponsorship

Ups and downs in the news, the markets, & in the web 3 space. Bad news for SBF. Great news for BTC prices. And, Kraken is going international. _________News Links 👇 https://decrypt.co/124747/sam-bankman-fried-bribing-chinese-government-officialshttps://decrypt.co/124766/cftc-lawsuit-binance-acquisition-voyagerhttps://unchainedcrypto.com/fdic-gives-signature-crypto-clients-until-next-week-to-close-accounts/https://cointelegraph.com/news/the-government-should-fear-ai-not-crypto-galaxy-digital-ceohttps://www.coindesk.com/policy/2023/03/28/canada-to-ask-pension-funds-to-disclose-crypto-exposure/https://decrypt.co/124779/f1-team-crypto-sponsor-kraken-after-ftx-tezos-exitshttps://www.coindesk.com/policy/2023/03/28/binance-case-is-clear-evasion-of-law-says-cftc-chair-behnam/https://www.coindesk.com/markets/2023/03/29/bitcoin-heads-for-best-quarter-in-two-years-outperforms-ether-gold-and-nasdaq/——————————————————————***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.

29 Mar 20239min

March 28: CFTC Sues Binance

March 28: CFTC Sues Binance

Binance is under much scrutiny, and the CFTC has loads of evidence against them. Today in Web 3 we look at some of the evidence.___News Links 👇 https://www.theblock.co/post/223181/uk-government-nft-canceled-royal-minthttps://www.reuters.com/legal/sam-bankman-fried-prosecutors-reach-new-bail-agreement-2023-03-28/https://www.reuters.com/technology/voyager-digitals-sale-binanceus-halted-by-district-court-bloomberg-news-2023-03-27/https://decrypt.co/124683/binance-cftc-lawsuit-responsehttps://decrypt.co/124680/nvidia-says-crypto-adds-nothing-to-society-despite-profiting-from-mininghttps://cointelegraph.com/news/binance-saw-850m-withdrawal-prior-to-cftc-indictment-datahttps://www.coindesk.com/business/2023/03/27/binance-and-cz-sued-by-cftc-over-regulatory-violations/https://cointelegraph.com/news/here-s-why-cftc-suing-binance-is-a-bigger-deal-than-an-sec-enforcementhttps://www.businessoffashion.com/articles/technology/gucci-teams-up-with-company-behind-bored-ape-yacht-club/https://www.coindesk.com/markets/2023/03/27/first-mover-asia-bitcoin-is-ready-for-a-consolidation-phase/https://finance.yahoo.com/news/why-first-citizens-got-a-165-billion-discount-for-taking-over-silicon-valley-bank-154218153.htmlhttps://twitter.com/adamscochran/status/1640378686397448192?s=20https://cointelegraph.com/news/7-details-in-the-cftc-lawsuit-against-binance-you-may-have-missed——————————————————————***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.

28 Mar 202311min

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