Weekly Roundup 06/07/24 (Bitstamp acquired, Paxos launches USDL, Bitcoin miners and AI, Kraken IPO rumors) (EP.534)
07/06/2024
0:00
40:44
Matt and Nic are back for another week of news and deals. In this episode:
- Kerrisdale versus Bitcoin miners
- Robinhood buys Bitstamp for $200m
- Biden vetoes the SAB121 overturn bill
- Is the Biden admin’s pro crypto tilt over?
- Tucker interviews Bukele
- Coinbase donates to Fairshake
- SEC takes more Ls
- Big inflows into the bitcoin ETFs
- Are ETF inflows more about the basis trade?
- Paxos launches the interest-bearing stablecoin USDL out of the UAE
- Can Bitcoin miners sell into the AI cloud market?
- Kraken is in talks to raise a pre-IPO round
- State Street is reentering crypto
- MiCA and stablecoins
- Matt’s latest crisis
- The barbell approach to AI investing
Sponsor notes:
- Breaking Down Ethereum Blobs & EIP-4844
- In Coin Metrics' State of the Network issue 262, we break down Layer-2 blob usage and evaluate the success of Ethereum’s EIP-4844 upgrade.
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