Join Matt and Nick as they break down Trump’s new crypto project, World Liberty Financial, and Japan’s largest energy company expanding into Bitcoin mining. They also discuss certain altcoin updates related to Solana, EigenLayer, Ethereum Name Service, and more.

Key Takeaways

• Crypto prices have rebounded, led by BTC. Notably, the ETH/BTC pair hit its lowest level since April 2021.
• World Liberty Financial, the upcoming DeFi project tied to the Trump family, is gearing up for launch. More details to come this week when Donald Trump appears on an X Space.
• A subcommittee of the U.S. House Financial Services Committee gathered for a 90-minute hearing devoted to DeFi for the first time. More crypto hearings will take place before the end of the month.
• Japan continues to adopt crypto and blockchain technology, with recent news highlighted by the country’s largest energy company announcing that it had started mining BTC with excess energy.
• Coinbase’s launch of cbBTC, a wrapped BTC token, may spur additional growth in the Bitcoin DeFi ecosystem.
• Among the altcoin updates covered: Solana Breakpoint 2024; Chainlink SmartCon 2024; EIGEN stakedrop; and ENS integrating into PayPal and Venmo.

Join Matt and Nick as they break down the crypto market sell-off, the state of crypto regulations in the U.S., Wells Fargo’s potential Bitcoin ETF push, and more. They also discuss certain altcoin updates including Arbitrum Stylus and Polygon’s token migration.

Key Takeaways

• The crypto market slid amid weakness in stock markets, with ETH temporarily hitting a year-to-date low under $2,200.
• Last week’s Bitcoin ETF flows totalled -$706M. Net outflows have now occurred for eight straight trading days.
• Wells Fargo reportedly plans to start actively pitching the spot Bitcoin ETFs to certain clients as of this month. Access to these ETFs should only keep improving over the coming months and years.
• Qatar announced a comprehensive framework for regulating crypto in a bid to attract global businesses.
• There are seven altcoin-specific conferences in the next seven weeks: Solana Breakpoint, Cardano Summit, Chainlink SmartCon, Ripple Swell, Stellar Meridian 2024, Cosmoverse, and Avalanche Summit LATAM.
• Among the altcoin updates covered: Arbitrum Stylus, MATIC to POL token migration, and Ripple USD (RLUSD).

Join Matt and Nick as they break down August’s market performance, stablecoin supply hitting all-time highs, and the market outlook for September. They also discuss certain altcoins updates including outages for the TON blockchain and MakerDAO’s rebrand.

Key Takeaways

• August was a rough month for crypto—led by BTC (-8.7%), ETH (-22.3%) and SOL (-21.1%)—while major U.S. stock indices managed to record their fourth straight monthly gain.
• Seasonality indicates that it will be more of the same in September, given it has historically been one of BTC’s worst months.
• Stablecoin supply hit all-time highs, indicating increased demand to use blockchains.
• Among the altcoin updates covered: TON struggles with network performance and MakerDAO rebrands to Sky.

Join Matt and Nick as they cover the Federal Reserve's plan to cut rates, the arrest of Telegram’s co-founder and what it means for TON, Marathon becoming a new buyer of Bitcoin (BTC), and more.

Key Takeaways

• Crypto rallied after the U.S. central bank all but confirmed it’d cut rates in September. It remains unclear whether the cuts will be 25 basis points or 50 basis points.
• Telegram’s co-founder and CEO, Pavel Durov, was reportedly arrested by French authorities, crashing the price of TON. While Telegram has not been involved in TON for a few years, the market still treats TON as if it is Telegram’s cryptocurrency. This is unlikely to change any time soon. Therefore, events related to Durov may affect price in the short term.
• September will feature a number of key events, including the first presidential debate between Trump and Harris (Sep. 10) and the Fed’s rate cut (Sep. 18).
• Among the altcoin updates covered: Solana ETF application setback and ARB staking vote goes live.

Join Matt and Nick as they break down crypto’s chaotic week. They also discuss Ethereum vs Solana, the Ethereum ETFs, the SEC vs Ripple Labs court ruling, and more.

Key Takeaways

• The market bounced strongly off last week’s lows of less than $50,000 for BTC. For now, it appears the technical reasons for the flash crash have passed.
• Kamala Harris overtook Donald Trump in U.S. election prediction markets for the first time. This likely contributed to last week’s sell-off, given that a would-be Trump win would likely bolster risk assets.
• Solana is catching Ethereum across a number of key adoption metrics. There is a strong argument that both can do well in the long term.
• Among the altcoin updates covered: XRP soars after SEC vs Ripple Labs judgment and Arbitrum to be used by Franklin Templeton.

Join Matt and Nick as they break down why Bitcoin and the broader cryptocurrency market have sold off heavily, exploring potential reasons such as growing recessionary fears, changing election odds, and the strengthening Japanese yen.

Key Takeaways

• Crypto prices have tumbled amid broader selling of risk-off assets caused by several reasons.
• These reasons include growing fears of a U.S. recession, a tightening of the election race, and heightened uncertainty surrounding Japan’s economy.
• Among the altcoin updates covered: Avalanche used by the Californian DMV and Lido’s institutional offering.

Join Matt and Nick as they cover Donald Trump’s speech at the Bitcoin 2024 conference, the launch of the Ethereum ETF launch in the U.S., and plenty more in what was one of the most important weeks for crypto so far this year.

Key Takeaways

• BTC and SOL continued climbing while ETH underperformed yet again. Notably, this price action unfolded despite stock markets around the world putting in another week to forget.
• The spot Ethereum ETFs went live in the U.S. and has $342M of net outflows after three days of trading. This was mainly due to holders selling Grayscale’s ETHE, which was expected. Once ETHE outflows subside, assessing the level of demand for these ETFs will get easier.
• U.S. presidential candidate Donald Trump said that, if elected, his administration would make the U.S. the “crypto capital of the planet” and “keep 100% of all the bitcoin the U.S. government currently holds or acquires into the future.” He also promised to remove SEC Chair Gary Gensler.
• Trump headlined a particularly eventful Bitcoin 2024 conference, which featured several announcements, including Senator Cynthia Lummis introducing a bill for the U.S. to buy one million BTC.
• Among the altcoin updates covered: Jito’s expansion into Solana restaking and Aave’s push to drive more value to the AAVE token.

Join Matt and Nick as they break down the strong bounceback in crypto prices after a week that involved BlackRock CEO Larry Fink touting Bitcoin, Trump naming a pro-crypto vice presidential nominee, and more. They also preview a week that is likely to feature the launch of spot Ethereum ETFs in the U.S. and presidential candidate Donald Trump speaking at the world’s largest Bitcoin conference.

Key Takeaways

• BTC, ETH and SOL all hit their highest prices in at least five weeks. Notably, this coincided with stock markets suffering one of their worst weeks of the year.
• BlackRock CEO Larry Fink shared his bull case for BTC. Given his power and influence, it’s hard to understate how significant it is to now have Fink flying the flag for Bitcoin.
• The spot Ethereum ETFs are widely expected to launch this week in the U.S. Don’t expect ‘the Grayscale factor’ to be as relevant as when the Bitcoin ETFs launched in January.
• It is extremely difficult to predict the initial level of demand for these ETFs. However, it does feel as though the market is not pricing in a rather tempered launch. If this is true, the ETFs would have to seriously flop in order for ETH’s price to fall.
• The Mt. Gox trustees started sending BTC to exchanges, who will then distribute it to individual creditors. Within the next few months, expect the vast majority of these redistributions to have been completed.
• U.S. presidential candidate Donald Trump will speak at Bitcoin 2024, the world’s largest conference on all things Bitcoin.
• Among the altcoin updates covered: Polygon’s upcoming token migration and Grayscale’s decentralised AI fund.