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 concerns persist. Matt also examines why Strategy's preferred stock falling below its target value could create challenges for the company's Bitcoin acquisition machine, and why a stronger U.S. dollar continues acting as a headwind for crypto markets.


The episode also covers Hive's $220 million AI infrastructure deal, Cathie Wood buying Coinbase while selling Robinhood, new efforts by gambling and tribal groups to limit prediction markets, and the latest developments in the ongoing FTX political finance cases. Finally, Matt explains how buying a camper unexpectedly led to purchasing a 2017 Lexus GX460, shares his first-time camping plans, and reflects on the surprisingly successful run of his old Subaru.


Happy Hodling, Everyone.

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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 Juni 7min

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 million...

17 Juni 14min

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 Juni 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 Juni 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 Juni 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 Juni 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 Juni 14min

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