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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Avsnitt(687)

August 15: USDC on iPhone, Schumer's Crypto Legislation, Silk Road Bitcoin Moves, and Iran's Crypto Bounty

August 15: USDC on iPhone, Schumer's Crypto Legislation, Silk Road Bitcoin Moves, and Iran's Crypto Bounty

News Links👇https://decrypt.co/244853/usdc-tap-to-pay-on-apple-iphone-incoming-soon-circle-ceohttps://decrypt.co/244810/sen-schumer-crypto-legislation-crypto4harrishttps://decrypt.co/244673/us-government-600-million-silk-road-bitcoin-coinbasehttps://protos.com/iran-is-offering-20-bounty-to-snitch-on-illegal-crypto-miners/________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@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.

15 Aug 202412min

August 14: 7 Trump Crypto Promises

August 14: 7 Trump Crypto Promises

News Links👇https://www.coindesk.com/business/2024/08/14/cryptocom-secures-multiyear-sponsorship-deal-with-uefa-champions-league/https://decrypt.co/244572/australia-securities-regulator-sues-asx-for-misleading-statements-on-failed-blockchain-projecthttps://news.bitcoin.com/brazilian-crypto-exchange-mercado-bitcoin-launches-flexible-crypto-collateralized-loans/https://decrypt.co/244506/donald-trump-bitcoin-crypto-campaign-promiseshttps://decrypt.co/244398/coinbase-re-enters-hawaii-market-as-state-goes-hands-offhttps://decrypt.co/244511/ton-ventures-40-million-funding-telegram-crypto-ecosystem________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@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.

14 Aug 202410min

August 13: Health Crisis, Legal Battles, & Marathon's  $250M Bitcoin Buy

August 13: Health Crisis, Legal Battles, & Marathon's $250M Bitcoin Buy

News Links👇https://decrypt.co/244424/australian-jailed-after-spending-millions-from-accidental-crypto-com-refundhttps://decrypt.co/244427/three-arrows-capital-liquidators-file-1-3-billion-claim-against-terraform-labshttps://decrypt.co/244357/binance-exec-tigran-gambaryan-health-shockingly-badhttps://x.com/BTC_Archive/status/1823047122410750297https://decrypt.co/244366/bitcoin-miner-marathon-aims-to-raise-250-million-to-buy-more-btc-but-it-could-be-risky________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@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.

13 Aug 20247min

August 12:  Delistings, Legal Battles, and Blockchain Challenges

August 12: Delistings, Legal Battles, and Blockchain Challenges

News Links👇https://decrypt.co/244229/binance-will-start-converting-monero-to-usdc-on-september-2-as-part-of-delistinghttps://decrypt.co/244025/irs-form-1099-da-draft-update-unintended-consequenceshttps://www.coindesk.com/business/2024/08/12/canto-blockchain-suffers-two-day-outage-amid-consensus-issue/https://www.coindesk.com/markets/2024/08/12/ex-bank-of-japan-official-rules-out-another-rate-hike-this-year/https://decrypt.co/244137/tether-slams-celsius-lawsuit-as-a-shakedown-vows-to-fight-claims-in-courthttps://decrypt.co/243980/the-7-oddest-political-betting-pools-on-polymarket________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@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.

12 Aug 20249min

August 9:  Number go up? Free Meme Coin Creation!

August 9: Number go up? Free Meme Coin Creation!

News Links👇https://www.coindesk.com/tech/2024/08/08/coinbase-backed-vega-gets-into-prediction-market-race-chasing-polymarket/https://decrypt.co/243905/now-pump-fun-will-pay-you-to-create-a-successful-meme-coinhttps://www.coindesk.com/markets/2024/08/09/bitcoin-bulls-revisit-100k-year-end-target-as-btc-spikes-over-62k/?_gl=1*m4xyrl*_up*MQ..*_ga*NzMwOTI1Nzc2LjE3MjMyMDgyNjE.*_ga_VM3STRYVN8*MTcyMzIwODI2MS4xLjAuMTcyMzIwODI2MS4wLjAuMTU0NTEwMjc4https://www.dlnews.com/articles/markets/trump-and-kamala-memecoins-are-so-out-cute-animals-are-back/https://cointelegraph.com/magazine/china-crypto-tapper-cults-scam-wazirx-asia-express/https://www.cryptotimes.io/2024/08/08/bitcoin-premium-soars-to-4-in-south-koreas-market/https://www.dlnews.com/articles/markets/hong-kong-crypto-etfs-spring-to-life-with-record-volume/https://www.dlnews.com/articles/markets/bank-of-japan-buoys-bitcoin-rally-with-signal-on-rates/https://www.dlnews.com/articles/snapshot/arthur-hayes-on-why-to-buy-bitcoin-after-japan-boj-caved/________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@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.

9 Aug 202414min

August 8:  Crypto Financial Resolutions, Market Expansions, & Fairshake Super PAC

August 8: Crypto Financial Resolutions, Market Expansions, & Fairshake Super PAC

News Links👇https://www.coindesk.com/policy/2024/08/08/ftx-alameda-ordered-to-pay-127b-to-creditors-by-us-judge/?_gl=1*18b8en1*_up*MQ..*_ga*NTgzMjI3MTQwLjE3MjMxMjQxMTk.*_ga_VM3STRYVN8*MTcyMzEyNDExOC4xLjAuMTcyMzEyNDExOC4wLjAuMjAxNzQxNDI5Nw..https://bitcoinmagazine.com/business/metaplanet-secures-1-billion-loan-to-buy-more-bitcoinhttps://decrypt.co/243632/crypto-super-pac-fairshake-25-million-republican-democrat-candidateshttps://decrypt.co/243718/the-open-networks-ton-token-jumps-over-8-following-binance-listinghttps://decrypt.co/243716/onecoin-cryptoqueen-ruja-ignatovas-assets-frozen-by-uk-courthttps://decrypt.co/243687/solana-etf-approved-by-brazilian-sec________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@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.

8 Aug 20248min

August 7: Kamala Harris’ Fake Pro Crypto Hype

August 7: Kamala Harris’ Fake Pro Crypto Hype

News Links👇https://decrypt.co/243517/ethereum-etfs-took-in-more-eth-yesterday-than-on-their-debut-but-not-more-cashhttps://decrypt.co/243502/kamala-harris-recruits-advisors-binance-tieshttps://decrypt.co/243515/satoshi-era-bitcoin-miner-moves-14-million-btc-to-new-wallets________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@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.

7 Aug 20247min

August 6: What Happened Yesterday?

August 6: What Happened Yesterday?

News Links👇https://decrypt.co/243249/what-is-carry-trade-japanese-yen-bitcoin-crashhttps://decrypt.co/243228/fidelity-vanguard-go-dark-bitcoin-stock-market-panichttps://www.coindesk.com/markets/2024/08/06/ark-bought-178m-of-coin-112m-of-hood-as-market-slumped/https://decrypt.co/243293/ethereums-pepe-leads-jump-24-leading-meme-coins-in-double-digit-recoveryhttps://decrypt.co/243283/us-ethereum-etfs-post-second-largest-daily-inflows-as-global-markets-wobble________Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@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.

6 Aug 20247min

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