
Daily Crypto News
Matt Diemer·808 episodes
Daily Crypto News in 20 Minutes or Less. Hosted on Acast. See acast.com/privacy for more information.
Episodes
Bitcoin moved back above $66,000 as U.S. spot Bitcoin ETFs recorded a fifth straight day of inflows, bringing roughly $727 million into the market over that stretch. The episode also covers renewed momentum around the CLARITY Act, rapid growth in tokenized assets on Solana, a UK inquiry into crypto banking restrictions, Washington state's legal fight with Kalshi, and Base's planned launch of tokenized equities. Matt also discusses an SEC case involving an alleged $22 million mining scheme, the latest Celsius settlement, Exodus cutting 25% of its workforce, and Bitcoin miners shifting computing power toward AI infrastructure. He explains why miners reallocating compute is a normal part of the crypto cycle, then closes with his skepticism about Litecoin's long-term upside despite its recent breakout. Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Craig reviews another slow week across the crypto market, with Bitcoin continuing to struggle below $65,000 and most major coins trading sideways. He remains long Litecoin after a clean daily breakout and is watching for a possible pullback and bullish continuation. Ethereum showed slightly more strength, while Binance Coin, Cardano, Dogecoin, Solana, XRP, and Tron offered very little momentum. Bitcoin Cash was one of the weaker performers, falling roughly 10% over the week. With few strong trends available, Craig is focusing on higher-timeframe breakout setups in markets such as Injective and Ethereum Classic rather than forcing low-quality trades. His main message is patience: when conditions are this slow, traders should reduce activity, manage risk carefully, and wait for the market to provide better opportunities.Start your free 7-day trial of Market Intern at: https://marketintern.comSubscribe to Craig’s free Tuesday newsletter at: https://www.thegrowmeco.comHappy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Strategy's latest stock sale led today's discussion after the company raised another $163 million without purchasing additional Bitcoin, increasing its cash reserves while maintaining more than 843,000 BTC on its balance sheet. Matt questioned whether raising money to fund dividend obligations while continuing to hold Bitcoin is a sustainable long-term strategy. The episode also covered more companies adopting Bitcoin treasury strategies, Capital B's reverse stock split, and regulators missing the GENIUS Act deadline for finalizing stablecoin rules, leaving issuers waiting on key guidance before the law takes effect in early 2027. Matt also discussed France's decision to block Polymarket as unauthorized gambling, sharing his concerns about how prediction markets can be manipulated through coordinated betting activity in smaller political races. The episode wrapped up with South Korea's review of Upbit's 2025 hack, Zilliqa's investigation into a suspected cold wallet theft, and a look at the day's crypto markets, with Bitcoin trading around $64,600 and sentiment remaining in Fear territory. Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Traditional finance continues embracing crypto as Morgan Stanley's E*TRADE launches Bitcoin, Ethereum, and Solana trading for eligible retail clients, Citadel Securities invests $400 million in Crypto.com, and Visa unveils a new stablecoin platform designed for banks and fintech companies. Matt explains why competition to control digital dollar infrastructure is accelerating as more traditional financial firms enter the stablecoin market.The episode also covers Europe's growing list of MiCA-licensed crypto firms, Malaysia's investigation into a crypto-related network state project, Taiwan sentencing the operator behind the BitShine exchange to 22 years in prison, and a UK crypto fraud ring that impersonated police officers to steal more than £4 million. Matt wraps up with JPMorgan's improving outlook for Bitcoin, concerns over rising oil prices, and why he believes blockchain technology could eventually provide a more transparent and auditable election system.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
The DTCC processed live production trades involving tokenized stocks, ETFs, and U.S. Treasuries with participation from firms including JPMorgan, Goldman Sachs, BlackRock, and Vanguard. Matt explains why this is one of the clearest signs yet that tokenization is moving beyond pilot programs and into the core infrastructure of U.S. financial markets.The episode also covers Orange Juice’s plan to buy cash-flowing businesses and use them as Bitcoin treasury companies, Volvo’s latest blockchain experiment, the ethics fight holding up the Clarity Act, and the Senate’s unanimous opposition to any pardon for Sam Bankman-Fried. Matt also looks at Europe’s post-MiCA compliance problems, Tether freezing $131 million connected to Iranian sanctions, and Visa finally acknowledging that stablecoins may be better suited than card networks for machine-to-machine micropayments.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Japan continues pushing stablecoins into the mainstream as JCB, the country's largest card network, partners with Circleto explore USDC for cross-border payments and merchant transactions. Matt also covers CleanSpark's $6.6 billion data center lease, Coinbase Ventures remaining the most active crypto investor of 2026, and why stablecoin adoption continues accelerating around the world.The episode also examines the latest fight over the Clarity Act, as banking groups push Congress to block stablecoin rewards while law enforcement throws its support behind the legislation. Matt wraps up with the U.S. government's $288 million crypto transfer to Coinbase Prime, slowing Bitcoin ETF trading volumes, and why Japan continues to focus on building real-world crypto infrastructure while much of the U.S. debate remains centered on regulation.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Start your free 7-day trial of Market Intern at https://marketintern.com and see how Craig identifies high-probability trading setups before they develop.Craig Cobb returns from a short break to walk through the crypto markets live, explaining why Bitcoin's $61,500 support and $65,000 resistance remain the two most important levels to watch this week. He also breaks down Ethereum's key breakout level, why Cardano is setting up for potential short opportunities, and why much of the market is sitting just above critical support.Craig also reviews the top cryptocurrencies, shares what's on his watch list, and explains why the daily timeframe is the one that matters most right now. His advice this week is simple: stay patient, be selective, and let the market confirm its next move before getting aggressive.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Podcast Show Notes SummaryStrategy raised another $466.7 million in cash without buying additional Bitcoin, while SBI Holdings and the Solana Foundation announced a major partnership to build Japan's next generation of on-chain financial infrastructure. Matt also covers the UK's expanding tokenization initiative, Thailand's crackdown on high-volume stablecoin transactions, and Japan's new JPYSC stablecoin lending product offering a 3% annual yield.The episode also examines why the Clarity Act remains stalled in Congress, the growing debate over Bitcoin Improvement Proposal 110 and whether Bitcoin should be reserved primarily for payments or remain open to uses like Ordinals and inscriptions, and new data showing crypto trading volumes climbed to nearly $5 trillion in June after five consecutive months of decline.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Crypto infrastructure continues expanding even as Bitcoin remains stuck in one of the longest trading ranges in its history. Matt breaks down Circle's approval to launch a federally supervised national trust bank, Robinhood's Layer 2 blockchain surpassing $70 million in bridged ETH, and Metaplanet's plans to develop Bitcoin-backed tokenized credit products. He also covers the rapid growth of prediction markets, now projected to reach $240 billion in trading volume this year.The episode also explores Polymarket's push for U.S. margin trading, a new AI-powered "Internet Court" backed by MetaMask and OKX, XRP's breakout above $1.10, and why Bitcoin's 307-day consolidation between $60,000 and $70,000 has become one of the longest in the asset's history. Matt closes by explaining why, despite Bitcoin's lack of price movement, the companies building crypto infrastructure continue moving the industry forward.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Crypto firms continue preparing for the future as BitGo launches quantum-resistant security tools for institutional Bitcoin wallets, while Aave rolls out Stable Vaults to simplify stablecoin yield for fintechs and institutions. Matt explains why quantum computing is becoming a real security consideration for Bitcoin and why the next phase of crypto infrastructure is already being built long before it's urgently needed.The episode also covers Stripe-owned Privy's new Solana transaction routing tool, the growing uncertainty surrounding the Clarity Act in Congress, Senator Ron Wyden's effort to protect non-custodial software developers, and new data showing crypto hacks reached a record 207 incidents in the first half of 2026 despite total losses falling sharply. Matt also discusses whether companies like Strategy are approaching the point where institutional Bitcoin ownership could begin affecting the network's long-term decentralization.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Podcast Show Notes SummaryAfter returning from a short camping trip, Matt breaks down another volatile day for crypto as Bitcoin slips following renewed tensions in the Middle East after the collapse of the Iran ceasefire. He also covers India's continued push toward stricter crypto policies, Kalshi's latest courtroom loss in New York, and why prediction markets remain caught between financial regulation and gambling laws.The episode also dives into new data showing USDT processed $95 billion in commercial payments during the first half of 2026, while USDT and USDC now account for 83% of the entire stablecoin market. Matt explains why stablecoins are quietly becoming one of the most important pieces of financial infrastructure and why their growth may be a bigger long-term story than Bitcoin's daily price action.Finally, Matt discusses Tom Lee's BitMine purchasing another 40,000 ETH, bringing its holdings close to 5% of Ethereum's circulating supply, and shares his concerns about whether large institutional ownership and Ethereum's move to Proof of Stake could eventually create decentralization issues.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Start your free 7-day trial of Market Intern at https://marketintern.com and see how Craig identifies high-probability trading setups before they develop.Craig Cobb explains why he's still sitting largely in cash despite Bitcoin posting a strong week. While many traders are calling the bottom, Craig believes Bitcoin remains trapped between $59,000 support and $65,000 resistance, with the broader bear market still intact. Instead of forcing trades on Bitcoin, he's focusing on cleaner opportunities in assets like XRP and other altcoins that continue producing strong trends on the lower timeframes.Craig also reviews the top 10 cryptocurrencies, discusses why Cardano and Solana showed relative strength last week, and explains why the U.S. Dollar Index remains one of the most important charts for predicting the next move in Bitcoin and other risk assets. His advice remains simple: preserve capital, trade the trends that exist, and don't mistake one good week for the start of a new bull market.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Bitcoin ETFs finally snapped their 10-day outflow streak, bringing in more than $221 million in new inflows, but Matt explains why one positive day isn't enough to erase June's record $4.5 billion in institutional selling. He also dives into the growing stablecoin debate, arguing that while Congress continues pushing back against a Federal Reserve CBDC, privately issued stablecoins backed by U.S. Treasuries may ultimately become an even more powerful form of digital money.https://www.youtube.com/watch?is=ncQr95cy21vYsWT4&v=SHroBbNtcbk&feature=youtu.beThe episode also covers Securitize's public debut and tokenized shares on Solana and Avalanche, Metaplanet's continued Bitcoin accumulation, the IMF's latest warning on tokenization, Russia's rollout of the digital ruble, and Spotify's dispute with Kalshi and Polymarket after alleged manipulation of music-related prediction markets. Matt closes with his thoughts on why the biggest story in crypto may no longer be Bitcoin itself, but the race to build the financial infrastructure that will power the next generation of digital assets.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Traditional finance and crypto continue moving closer together as Standard Chartered and Circle launch institutional USDC minting and redemption through the bank's platform, while Anchorage Digital expands support for Ethereum liquid staking. Matt explains why stablecoins are rapidly becoming part of the global banking infrastructure and explores the debate over whether privately issued stablecoins could eventually become a backdoor alternative to central bank digital currencies.The episode also covers Europe's MiCA regulations already undergoing review just days after taking full effect, Australia's expanded crypto travel rule, Bitget's launch of tokenized U.S. stock options, and a troubling rise in crypto-related kidnappings and extortion cases in France. Matt also examines the continued legal battle over prediction markets as Kalshi and Polymarket see record World Cup trading volumes while facing regulatory challenges across multiple U.S. states.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Wall Street is becoming less optimistic on crypto as Citi cuts its 12-month Bitcoin price target from $112,000 to $82,000, while Bitcoin ETFs suffer their worst month on record with $4.5 billion in outflows. Matt explains why he still believes lower prices remain possible despite continued long-term optimism, discusses listener predictions for the next Bitcoin cycle, and examines why politics and legislative gridlock continue weighing on market sentiment.The episode also covers Europe's MiCA regulations officially taking effect, Taiwan's new crypto and stablecoin framework, June's biggest crypto hacks, and ARK Invest continuing to buy millions of dollars in crypto-related stocks while much of the market remains fearful. Matt also explains how stablecoins evolved from a simple trading tool into one of the most important pieces of modern financial infrastructure.Finally, Matt argues that while Bitcoin may remain the face of crypto, stablecoins are quietly becoming the industry's plumbing, powering payments, settlements, tokenized assets, and the next generation of digital finance.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Crypto sentiment remains brutal as Strategy gives itself authorization to sell up to $1.25 billion in Bitcoin, raising concerns that even the possibility of future sales could pressure an already weak market. Matt breaks down why Bitcoin may still be headed lower, why investors need cash ready if the market falls into the $30,000 range, and why ARK Invest is using the selloff to buy crypto-related stocks like Coinbase, Circle, Robinhood, Bullish, and SoFi.The episode also covers New York Life's move into tokenized corporate bonds, Germany leading Europe's MiCA approvals, Australia's new crypto travel rule, Kalshi's legal fight in Michigan, and StarkWare's post-quantum roadmap for Starknet. Matt also adds a broader digital identity story, discussing Sumsub's Danielle Labarbera and how AI-generated fraud is threatening online ticketing, secondary marketplaces, account security, and consumer protection ahead of FIFA demand.Finally, Matt argues that one of the biggest long-term opportunities may not be Bitcoin itself, but digital trust: identity verification, fraud prevention, stablecoin rails, tokenized assets, and infrastructure that proves the person on the other side of the screen is real.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Craig Cobb says Bitcoin and the broader crypto market are still bearish, but too messy to trade aggressively right now. He explains why last week’s $65,000 Bitcoin rejection offered a clean short setup, but current price action has become choppy, sideways, and lower-probability.Craig also highlights the U.S. Dollar Index as a major risk signal, arguing that a stronger dollar could continue pressuring Bitcoin, equities, and other risk assets. With MicroStrategy breaking key support and crypto lacking clean trends, his message is simple: preserve capital, wait for better setups, and don’t force trades.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Strategy unveiled a new capital framework that includes a U.S. dollar reserve policy, higher preferred-share dividends, up to $2 billion in buybacks, and the ability to monetize its Bitcoin holdings if necessary. Matt explains why the market is no longer assigning a premium to Strategy's Bitcoin treasury model and what that could mean for corporate Bitcoin adoption going forward. He also covers the rapidly approaching MiCA deadline in Europe, where thousands of crypto firms face the possibility of shutting down if they fail to secure regulatory approval.The episode also examines Binance's withdrawal of its MiCA license application in Greece, Galaxy Digital lowering the odds of the Clarity Act passing this year, and the Bank for International Settlements' argument that stablecoins behave more like ETFs than money. Matt also discusses Loopring shutting down its decentralized exchange and Vitalik Buterin's latest research into program obfuscation, a cryptographic concept that could become increasingly important as AI grows more capable of finding software vulnerabilities.Finally, Matt questions whether modern crypto regulation is creating healthier markets or simply making it impossible for smaller companies to compete. Using Europe's MiCA rollout as an example, he argues that increasingly complex compliance requirements may unintentionally concentrate the industry in the hands of the largest players, recreating many of the barriers that crypto was originally designed to eliminate.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Bitcoin has recovered above $60,000 after briefly breaking below that key level, but Matt explains why the broader market still looks fragile. He breaks down Strategy losing its long-standing Bitcoin premium, SharpLink's continued Ethereum accumulation despite massive unrealized losses, another wave of crypto liquidations, and why the Clarity Act and CBDC legislation remain stuck in Washington's political gridlock.The episode also covers the Bank of England's softer approach to stablecoin regulation, Coinbase's Base network suffering another outage, and why Solana has emerged as one of the few bright spots during the recent selloff. Matt explains why regulators around the world appear to be embracing stablecoins rather than fighting them, and what that means for the future of digital finance.Finally, Matt shares his biggest takeaway of the day: Apple's sweeping price increases across its product lineup. He argues the move may be signaling that inflation remains stronger than official data suggests and asks whether rising bond yields, expensive stock valuations, persistent inflation, and weakening crypto markets are early signs that something larger is beginning to shift beneath the surface of the global economy.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Bitcoin remains under pressure as another $469 million flows out of spot Bitcoin ETFs, pushing cumulative ETF demand to its weakest level since July 2025. Matt breaks down why institutional money continues leaving the market, what it means for Bitcoin's short-term outlook, and why history suggests long-term investors may still want to keep emotions in check despite growing fear.The episode also explores Japan's emergence as a global stablecoin leader, with both Circle's USDC and Ripple's RLUSD expanding into the country's regulated financial system. Matt discusses President Trump's decision to delay signing legislation containing a Federal Reserve CBDC ban, the implications for the Clarity Act, and why stablecoins—not Bitcoin—may ultimately become crypto's biggest real-world success story.Finally, Matt covers new crypto security incidents involving Genesis and Cardano wallets, Jameson Lopp's latest research on preparing Bitcoin for a post-quantum world, Kalshi's reported $40 billion valuation, and reflects on why every major Bitcoin bear market has tested investors' patience before rewarding those willing to think in years instead of weeks.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Crypto markets remain under pressure as Bitcoin hovers around $61,000, but signs are emerging that volatility may be cooling. Matt breaks down the latest market data, including declining derivatives volume, lower liquidation levels, and why some analysts believe Strategy should pause its aggressive Bitcoin buying and rebuild cash reserves before continuing its accumulation strategy.The episode also covers 21Shares' prediction that Bitcoin could recover to $100,000 by year-end, Standard Chartered's surprisingly bullish long-term outlook for Aave, and growing activity on the Bitcoin network as Rune transactions surge to two-year highs. Matt also examines the Ethereum Foundation's staff reductions and what they signal about the project's future priorities.Finally, Matt dives into the politics of digital money as Congress advances legislation banning a Federal Reserve CBDC through 2030. While many in crypto celebrate the move, Matt questions whether blocking a government-issued digital dollar while promoting private stablecoins could simply shift control from public institutions to corporations like Circle, Tether, and major banks. The episode closes with a discussion about who should ultimately control the future of digital money and why that debate may be more important than Bitcoin's price action.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Markets were hit with a broad risk-off selloff as more than $717 million in crypto positions were liquidated, dragging Bitcoin below $62,000 and pushing major cryptocurrencies sharply lower. Matt examines why this wasn't just a crypto event, but a market-wide move that also hit technology stocks, AI-related assets, and SpaceX, raising questions about whether investors are reacting to geopolitical risks, institutional positioning, or something else entirely.The episode also covers Strategy's weakening preferred stock and what it could mean for the company's Bitcoin acquisition strategy, the Senate's passage of a four-year ban on a Federal Reserve CBDC, and Ripple's preliminary MiCA approval in Europe. Matt also explores growing concerns around quantum computing after new government initiatives aimed at preparing for future encryption threats, and what that could eventually mean for Bitcoin, Ethereum, and digital asset security.Finally, Matt looks at the ongoing SpaceX correction, discusses Craig Cobb's warning that lower Bitcoin lows may still be ahead, and asks the question many investors are wondering this morning: if everything is selling off at once, what does the market know that we don't?Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Craig Cobb focuses this week on a market many crypto investors overlook: the U.S. Dollar Index. After breaking above major resistance around the 100 level, Craig believes the dollar may be beginning a larger move higher toward 106. Historically, stronger dollar environments have created pressure for equities and other risk assets, leading him to question whether Bitcoin could face another leg lower if the trend continues.On the crypto side, Craig remains cautious. Bitcoin continues struggling below key resistance around $65,000, and while a move above roughly $67,300 could shift the daily trend back to bullish, he believes the probabilities still favor downside for now. Across the broader market, assets like Cardano, Dogecoin, Solana, and XRP remain trapped below important resistance levels, with Tron standing out as one of the few exceptions showing relative strength.Craig's message remains simple: trade the trend, not the narrative. While last week's decline created profitable opportunities for traders, the market is now sitting in what he calls "no man's land." Until clearer trends emerge, he believes patience, risk management, and waiting for high-probability setups remain the best strategy.Check Craig out at:Market Intern: https://marketintern.com/The Grow Me Co: https://www.thegrowmeco.com/Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Matt opens the show with a Father's Day recap, a local car show, and a reminder that some classic American cars still turn heads decades later. He then dives into growing concerns around Strategy's Bitcoin financing model, explaining why the company's preferred stock performance matters for its ability to continue accumulating Bitcoin and supporting the broader treasury-company narrative.The episode also explores the escalating battle over stablecoin regulation, from the Bank of England's new framework to the ongoing fight between federal and state oversight in the United States. Matt discusses the tension between state-level competition and national regulatory consistency, while examining new compliance requirements being proposed for stablecoin issuers.Finally, Matt covers the latest crypto security breaches, including exploits affecting Taiko and the JaredFromSubway.eth MEV bot, highlights a Japanese pension fund allocating capital to crypto, and reflects on how the industry's biggest debate may no longer be about Bitcoin itself, but about who controls the financial rails being built around stablecoins and digital assets.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
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. Hosted on Acast. See acast.com/privacy for more information.
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 downtrend, with lower highs and lower lows pointing toward the possibility of further downside before a true bottom is established. While he's not trying to predict the exact low, Craig says he'd become an aggressive buyer in the $50,000–$55,000 range and would be even more interested if Bitcoin fell into the mid-$40,000s.Despite the bearish outlook, Craig believes Bitcoin is becoming stretched to the downside and could see a relief rally back toward $65,000 in the near term. He also highlights similar bearish structures across Ethereum, Cardano, Solana, and Bitcoin Cash, noting that Cardano produced one of the cleanest short setups of the week. His message remains consistent: follow the trend, manage risk, and focus on high-probability setups rather than trying to pick tops and bottoms.Check Craig out at:Market Intern: https://marketintern.com/The Grow Me Co: https://www.thegrowmeco.com/ Hosted on Acast. See acast.com/privacy for more information.
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 millions, billions, and trillions. He explores what that level of wealth means in terms of influence, ownership, and market power, while reflecting on why investors continue pouring capital into AI and aerospace companies.On the crypto side, the episode covers BlackRock's new Bitcoin income fund, the launch of a privacy-focused institutional DeFi yield product on Ethereum, congressional efforts to block a U.S. CBDC, and growing stablecoin adoption in countries like Nigeria. Matt also explores a larger question facing the industry: crypto's infrastructure is maturing rapidly, but when will Bitcoin, Ethereum, and blockchain technology become products that ordinary people use every day rather than assets people simply trade and hold?Happy HODLing, Everyone. Hosted on Acast. See acast.com/privacy for more information.
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 some Daily Crypto News listeners made quick gains, why he's still skeptical of chasing it here, and whether SpaceX's growing AI ambitions could justify its massive valuation.The episode also covers Bitcoin holding around $66,000 despite renewed optimism, BlackRock's new Bitcoin Income Fund going live, Bybit launching options trading for Tether Gold, and Hyperliquid processing $1.4 billion in SpaceX-related trading volume. Matt also examines today's Federal Reserve meeting under Chair Kevin Warsh, the Netherlands' proposed unrealized gains tax, XRP giving back recent gains, and why it's far too early to declare a new crypto bull market.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
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 massive valuation. He also covers Strategy's latest $100 million Bitcoin purchase, Ark Invest's growing SpaceX position, and why institutional buying continues to support Bitcoin's recovery above $66,000.The episode also explores crypto exchanges expanding into tokenized stocks and commodities, the Fed's upcoming rate decision under new Chair Kevin Warsh, Japan's expected rate hike, and the SEC's latest efforts to create exemptions for tokenized securities. Finally, Matt examines World Liberty Financial's USD1 stablecoin being used for UFC fighter bonuses, concerns over unrealized gains taxes in the Netherlands, and why crypto continues to compete with AI and SpaceX for investor attention.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
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, new U.S. crypto enforcement efforts, Japan's push toward crypto ETFs, and why prediction markets could see massive growth during the 2026 World Cup. Plus, miner capitulation is back in focus as Bitcoin holds near $63,000 amid continued market fear.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
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 CFTC proposes new oversight rules for prediction markets. We also examine the rapid growth of real-world asset tokenization, which has now reached nearly $29 billion, alongside a stablecoin market that has expanded to roughly $320 billion.Matt also discusses Singapore's DBS Bank launching tokenized gold products, why tokenization may be the most important trend in crypto today, and whether a potential SpaceX IPO could pull speculative capital away from Bitcoin, AI, and other risk assets. Finally, we review the latest crypto prices, Bitcoin's recovery above $62,000, and why the real story may not be price action at all, but the continued buildout of crypto infrastructure happening behind the scenes.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
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 elevated, Matt argues that the bigger story is where capital is flowing. Bitcoin ETF demand has weakened throughout 2026 as investors chase AI-related opportunities, with billions leaving crypto funds while money pours into companies like Anthropic, OpenAI, and potentially a future SpaceX IPO. Matt also discusses why Bitcoin breaking below its 200-week moving average could signal a deeper bear market, why having dry powder matters, and why he believes Bitcoin spending time around $45,000 would not be surprising.The episode also explores the growing stablecoin race, with major Japanese banks and U.S. financial institutions developing tokenized deposit and stablecoin systems. Matt argues that stablecoins were always the real CBDC story and warns that the future of money may increasingly be controlled by private corporations rather than governments. He also examines the shutdown of Bitcoin Layer 2 project Botanix, using it as an example of how good ideas can fail when launched at the wrong time, drawing parallels to Andrew Yang's early warnings about AI and automation.Finally, Matt reviews the latest crypto prices, discusses why today's "Extreme Fear" reading feels more like frustration than true panic, and makes the case that crypto's biggest challenge is no longer survival but competition. AI, SpaceX, robotics, and emerging technologies are all competing for the same investment dollars, forcing crypto to fight for attention in a way it hasn't had to for years.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.
Hosted on Acast. See acast.com/privacy for more information.
After a week away in New York, Matt returned to Daily Crypto News with a simple observation: Bitcoin at roughly $62,000 does not inspire confidence when it was trading near $85,000 just a month ago. Yet despite the fear, some major players are still buying.Michael Saylor made headlines again after Strategy purchased approximately 101,550 Bitcoin between June 1 and June 7, adding roughly $101 million worth of BTC to its balance sheet. At the same time, many investors are pointing to the upcoming SpaceX IPO as a possible reason for crypto's recent weakness. The theory is that investors are pulling capital out of risk assets, including crypto, to position themselves for what could become one of the largest and most anticipated public offerings in years. Matt questioned whether that narrative fully explains the downturn but acknowledged that demand for SpaceX appears enormous, especially if the company quickly becomes eligible for inclusion in major retirement and index-based investment portfolios.The broader financial system continues moving toward blockchain-based infrastructure. According to reports, major U.S. banks including JPMorgan, Bank of America, Citigroup, and Wells Fargo are working on a tokenized deposit system expected to launch by the first half of 2027. Rather than fighting stablecoins outright, banks appear to be creating their own blockchain-based alternatives that allow deposits to move around the clock while keeping customers inside the traditional banking system. In Matt's view, the next major battle may no longer be crypto versus banks. Instead, it may be stablecoins versus tokenized bank deposits.Meanwhile, regulators in the United Kingdom continue debating stablecoin oversight. Lawmakers are reportedly pushing the Bank of England to relax some proposed restrictions, including caps on holdings and reserve requirements. The central bank remains concerned that large-scale stablecoin adoption could drain deposits from traditional banks and create stress within the broader financial system.Security remained a major theme this week. Humanity Protocol's H token collapsed after attackers allegedly stole private keys connected to the project, draining roughly $32 million from just 17 wallets. The token fell from approximately $0.67 to $0.13 and briefly touched $0.05 during the panic. Blockchain investigator ZachXBT publicly questioned the team's explanation, suggesting the incident may deserve additional scrutiny. While no evidence has emerged proving internal wrongdoing, the event highlights how quickly confidence can disappear when projects fail to clearly explain major security failures.Artificial intelligence also entered the spotlight after researchers discovered that an AI model identified a four-year-old bug in Zcash that could have enabled unlimited token creation. The vulnerability was fixed before being exploited, but the discovery highlights a new reality for crypto security. AI systems
Matt opened the show with a simple message: if you're a long-term holder, this is probably the time to close CoinMarketCap, shut down the computer, and go enjoy your life. Bitcoin briefly touched roughly $61,500 after trading near $85,000 just two weeks earlier, while Ethereum fell below $1,800. The market was hit with approximately $1.76 billion in liquidations over a 24-hour period, and ETF outflows have now stretched to thirteen consecutive sessions, totaling roughly $4.4 billion since mid-May. Matt described the recent price action as a classic "dead cat bounce," where a market crashes so hard that it temporarily rebounds before settling lower. While some analysts, including Standard Chartered, have suggested the bottom may be close, Matt remains skeptical. His view is that a 50% drawdown from all-time highs does not automatically mean the pain is over. Historically, Bitcoin has experienced even deeper corrections, and he cautioned that another significant leg lower remains possible. A major point of discussion was Strategy (formerly MicroStrategy) and the growing speculation surrounding its massive Bitcoin holdings. Prediction markets are increasingly focused on questions surrounding Strategy's future purchases, index inclusion, and financial stability. While Matt does not believe the company is facing an imminent crisis, he noted that any meaningful Bitcoin sales by Strategy would inject significant liquidity into an already fragile market and could intensify downward pressure on price. Matt also reflected on the emotional reality of crypto bear markets. No matter how committed someone is to Bitcoin, prolonged drawdowns eventually test everyone's conviction. Even the most bullish investors experience moments of doubt. His advice remains the same as it has been throughout previous cycles: if you're a believer in the long-term thesis, continue dollar-cost averaging if it fits your plan, avoid emotional decisions, and remember that bear markets are designed to make people question everything. By the end of the episode, Bitcoin was trading around $63,460, Ethereum near $1,772, XRP at $1.17, and Solana below $70. The overall crypto market capitalization had fallen to roughly $2.2 trillion, while the Fear & Greed Index registered an "Extreme Fear" reading of 19. Matt argued that true capitulation may not have arrived yet. In his view, the real bottom typically comes when investors become completely despondent and the broader market once again declares that Bitcoin is dead. Until then, his message was simple: enjoy the weekend, spend time with family, and don't let the charts control your life. Summary: Bitcoin's sharp decline, record ETF outflows, and extreme fear readings have pushed the market deeper into bear-market territory. While some analysts believe a bottom may be forming, Matt remains cautious, warning that further downside is still possible and encouraging investors to focus on lon
Brief Summary:Bitcoin briefly fell below $66K this morning before rebounding toward roughly $66,800.Ethereum fell below $1,900, confirming weakness after losing the $2,000 level earlier this week.Bitcoin is down nearly 12% over the past week as ETF outflows continue to accelerate.U.S. spot Bitcoin ETFs recently posted a record 10-day outflow streak totaling $2.97 billion.Crypto-linked stocks are also under pressure, including Strategy, Coinbase, and Circle.Strategy’s recent sale of 32 BTC for about $2.5 million continues weighing on sentiment because it broke the company’s long-standing accumulation narrative.Digital asset treasury inflows reportedly collapsed to about $180 million in May, down 95% from April.Software and AI-related stocks are outperforming Bitcoin, showing that risk capital is rotating away from crypto and toward tech.The U.S. Treasury sanctioned four Iran-based crypto exchanges: Nobitex, Bitpin, Ramzinex, and Wallex.Reuters reported Nobitex was accused of helping Iran’s government and sanctioned institutions, including the IRGC, evade Western sanctions.AP reported Nobitex handled more than half of Iran’s digital asset transactions last year.Crypto PACs are spending millions in U.S. primaries, with Maryland becoming the next major focus.Liquidation risk remains elevated after yesterday’s large wipeout and today’s break below $66K.CoinDesk says Bitcoin is now near the lower boundary of the long-term Power Law corridor, a level that historically has preceded rebounds.A new BIS working paper highlights how stablecoin flows may influence short-term U.S. Treasury yields. Hosted on Acast. See acast.com/privacy for more information.
Brief Summary:Bitcoin fell below $70K this morning, trading near $69,400 after hitting a seven-week low area.Ethereum is holding near $1,975, still struggling around the $2,000 psychological level.About $744 million in crypto liquidations hit the market over 24 hours as leverage unwound during the selloff.Digital asset investment products saw $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026.Bitcoin funds posted their largest weekly outflow of the year, while XRP and HYPE were rare bright spots with inflows.Strategy’s first disclosed Bitcoin sale continues weighing on sentiment, even though the company sold only 32 BTC worth about $2.5 million.Mt. Gox moved 10,306 BTC, worth about $739 million, to two addresses, creating fresh concern about potential supply pressure.CME’s new 24/7 crypto derivatives market saw about $50 million in opening weekend trading.Robinhood closed its $180 million WonderFi acquisition, expanding its Canadian crypto footprint.Reuters reported a policy split on stablecoins, with the Bank of England more skeptical and Fed official Christopher Waller more supportive.Japan’s ruling-party panel wants the country to promote yen stablecoins and create a legal framework for crypto ETFs.Vitalik Buterin proposed options-based synthetic assets to reduce DeFi liquidations and reliance on real-time oracles.Binance launched access to U.S. stocks and ETFs, pushing further into traditional brokerage territory.Dogecoin gained access to the Paxos network used by PayPal and Venmo.BitMine acquired 26,497 ETH despite weak Ethereum price action. Hosted on Acast. See acast.com/privacy for more information.
Craig Cobb says the market continues to look overwhelmingly bearish, and from his perspective, the recent price action has only reinforced that view. While many investors disappear when prices fall, Craig says these are the periods that get him most excited because they create opportunities for long-term accumulation. Having remained largely in cash throughout the downturn, he is now watching closely for signs that Bitcoin could offer a more attractive reentry point.The key level Craig continues to focus on is the $74,000 area. This zone previously acted as major resistance before becoming support following President Trump's election victory rally. Last week, Bitcoin broke below that level and has since struggled to reclaim it. On both the daily and weekly charts, Craig sees a clear pattern of lower highs and lower lows, with the two-week timeframe also showing what he considers a textbook downtrend. To him, the trend remains firmly bearish until proven otherwise.Craig is also paying close attention to the monthly chart. May closed as a bearish month after Bitcoin failed to hold above $80,000, and he believes a break below the May low near $72,460 could open the door for significantly more downside. While he is not predicting that Bitcoin will revisit previous cycle lows, he does believe momentum could accelerate if key support levels fail. Rather than rushing back into the market, he remains comfortable holding cash and waiting for better opportunities.Ethereum continues to be one of Craig’s biggest concerns. He notes that Ethereum showed weakness long before Bitcoin rolled over and has now fallen below the psychologically important $2,000 level. Because Ethereum often serves as a barometer for the broader altcoin market, its continued weakness suggests that altcoins may struggle to gain meaningful traction. Projects like Cardano, Solana, XRP, Dogecoin, and Bitcoin Cash all continue to show bearish structures, with Bitcoin Cash suffering some of the most severe losses in recent weeks.One notable exception is Hyperliquid. Craig highlighted Hyperliquid as one of the strongest performers in the entire crypto market, pointing to its revenue generation model and token buyback mechanism as key drivers behind its continued strength. While most of the market remains under pressure, Hyperliquid has continued making new highs and attracting significant capital.Looking at broader market indicators, Craig notes that Bitcoin dominance has fallen sharply, but not because altcoins are thriving. Instead, Bitcoin itself has weakened relative to the broader market. Total crypto market capitalization continues to look fragile, and Craig believes many altcoin holders have simply reached a point of exhaustion, holding positions despite large losses rather than actively selling.For now, Craig’s outlook remains straightforward. The trends across nearly every major timeframe continue pointing lower. He is watching closely to
Brief Summary:Bitcoin opened June weak, trading around $72K and briefly dipping below $72,000.U.S. spot Bitcoin ETFs have now seen a record 10 straight days of net outflows, totaling $2.97 billion.Strategy disclosed the sale of 32 Bitcoin for about $2.5 million between May 26 and May 31, its first disclosed BTC disposal.Strategy still holds 843,706 Bitcoin at an average purchase price of $75,699.The proceeds from Strategy’s sale are earmarked for preferred-stock distributions, raising questions about how its capital structure interacts with its Bitcoin strategy.Ethereum is trading around $2,000 while broader crypto remains under pressure.XLM surged more than 40% after DTCC selected Stellar for a tokenized securities platform rollout.DTCC oversees more than $114 trillion in assets and processes about $2.5 quadrillion in securities transactions annually.HYPE remains one of the few relative-strength tokens, supported by demand for newly introduced HYPE-based ETFs.Binance launched U.S. stock and ETF trading, giving users access to more than 7,000 securities and fractional shares starting at $5.Citi projects tokenized securities could reach $5.5 trillion by 2030, with a bull case of $8.2 trillion.GENIUS Act stablecoin comment periods begin closing June 2, moving stablecoin rules from legislation into implementation.The Senate floor window reopens June 3 for another push on the Clarity Act and related crypto market-structure provisions.Sui suffered three mainnet halts in 48 hours due to upgrade-related bugs, though no user funds were lost.Aave is overhauling listing standards after the $230 million rsETH exploit exposed bridge and off-chain infrastructure risk.A whitehat researcher unlocked about $2 million in ETH trapped in a failed 2016 HongCoin ICO contract.The SEC sued a Texas man over an alleged $12.3 million fake AI crypto bot scheme.Friday’s U.S. jobs report is the key macro event this week, with nonfarm payrolls expected around 96,000 and unemployment at 4.3%. Hosted on Acast. See acast.com/privacy for more information.
Brief SummaryBitcoin is trading around $73K this morning after yesterday’s geopolitical and ETF-driven selloff.Ethereum is hovering near $2,000 after recently breaking below that level for the first time since late March.U.S. spot Bitcoin ETFs have now posted nine straight days of outflows, the longest withdrawal streak since launching in January 2024.Roughly $2.8 billion has left spot Bitcoin ETFs during the nine-session streak, including about $1.3 billion this week.A large Bitcoin and Ethereum options expiry today is keeping short-term volatility risk elevated.Paxos Securities Settlement Company received SEC approval to register as a clearing agency, making it the first blockchain-native firm approved for that role in the U.S.The Block’s morning feed highlights more regulated infrastructure moves, including Aave Labs securing U.K. licenses and Base launching Azul on mainnet.Stablecoin regulation remains a major global fault line, with Europe warning about crypto-bank shocks and the ECB pushing back against euro stablecoin expansion.Tether’s planned Georgian lari stablecoin remains part of the broader move toward private stablecoin issuers partnering with governments.Standard Chartered remains bullish on Ethereum long term, pointing to stablecoins and tokenized real-world assets as potential drivers.DeFi security remains a concern after major 2026 exploits, including the Kelp DAO incident.The market is stabilizing, but bulls still need ETF inflows, stronger spot demand, or a clean reclaim of the $75K-$80K zone. Hosted on Acast. See acast.com/privacy for more information.
Brief Summary:Bitcoin fell below $73,000 this morning, hitting its lowest level since April 13 as U.S.-Iran strikes rattled global markets.Brent crude jumped toward the mid-$90s, reviving inflation concerns and pressuring risk assets.Crypto liquidations totaled roughly $958.8 million over 24 hours, with longs accounting for about $897 million.Ethereum broke below $2,000 for the first time since late March, while Ether futures open interest hit a record 16.39 million ETH.BlackRock’s IBIT saw $527.84 million in net outflows Wednesday, its second-largest single-day withdrawal since launch.The 11 U.S. spot Bitcoin ETFs lost a combined $733.43 million Wednesday, with more than $2 billion leaving the complex over two weeks.Samsung affiliates agreed to buy a combined 4% stake in Dunamu, operator of Upbit, for about $408 million.VanEck’s tokenized Treasury fund VBILL is now live on Euler, allowing tokenized U.S. Treasuries to be used as onchain collateral.The White House is reviewing a proposed CFTC rule on prediction markets, which could shape Kalshi, Polymarket, sports, election, and event-contract markets.The CFTC and Gemini jointly asked a federal court to unwind Gemini’s old $5 million settlement.Reuters reported that UniCredit warned Europe may be less able than the U.S. to contain crypto-bank shocks.A Google engineer was charged over alleged insider trading on Polymarket using confidential Google search data.U.S. Treasury operations from May 28 to June 5 could drain roughly $150 billion in liquidity, adding another macro pressure point for Bitcoin.CoinMarketCap’s Altcoin Season indicator fell to 30 out of 100, showing broad altcoin weakness. Hosted on Acast. See acast.com/privacy for more information.
Brief SummaryBitcoin is trading around $75.5K this morning after sliding toward key $75K support.Ethereum is below $2,100 and remains weaker than Bitcoin on a relative basis.Bitcoin has fallen to 13th among global assets, with capital rotating toward AI, semiconductors, gold, and other non-crypto trades.Traders are moving defensively into stablecoins, with USDT and USDC dominance rising.SoFi launched SoFiUSD to nearly 15 million members, making it one of the first U.S. national banks to offer a stablecoin directly inside a banking app.A large holder reportedly sold about $1.29 billion worth of BlackRock’s Bitcoin ETF in a dark-pool trade.IREN signed a $1.6 billion Dell agreement to expand AI cloud infrastructure, showing how crypto infrastructure companies are chasing AI demand.Coinbase’s Base launched Base MCP, allowing AI tools like ChatGPT, Claude, and Cursor to interact with wallets and DeFi apps.Crypto PACs spent about $9 million in Texas and scored wins in both parties.The U.K. sanctioned HTX and Russia-linked crypto networks as part of a broader crackdown on sanctions evasion.Singapore charged former Hodlnaut CEO Zhu Juntao with six fraud counts tied to TerraUSD exposure claims.OpenZeppelin’s CEO warned that AI coding agents have made DeFi increasingly unsafe because attackers can find vulnerabilities faster than defenders can patch them.XRP remains range-bound near $1.32 to $1.33 after a failed breakout.The stablecoin market remains above $300 billion and is becoming one of the biggest battlegrounds between banks, fintechs, crypto exchanges, and regulators. Hosted on Acast. See acast.com/privacy for more information.
Brief SummaryBitcoin is trading near $77K this morning, but the market still looks defensive after a 7% two-week decline.Ethereum remains weaker than Bitcoin, trading around $2,100 and down more than 10% over the past two weeks.Crypto investment products saw $1.47 billion in outflows last week, including $1.32 billion from Bitcoin funds and $223 million from ether funds.The 11 U.S. spot Bitcoin ETFs alone lost $1.26 billion last week, following roughly $1 billion in outflows the week before.Bitcoin is pinned between key on-chain levels near $77K and Deribit options positioning around the $75K put and $80K call strikes.Strategy repurchased $1.5 billion in convertible debt for $1.38 billion, using cash instead of buying more Bitcoin.Strategy still holds 843,738 BTC at an average price around $75,700 per coin.Hyperliquid launched HIP-4 outcome contracts for macro events like inflation and Fed decisions, taking direct aim at prediction markets.Spain opened disciplinary proceedings against Polymarket and Kalshi and ordered ISPs to block both platforms.Nasdaq’s QBTC Bitcoin index options have conditional SEC approval, but still need CFTC clearance.StablR froze USDR and EURR after an attacker minted $13.5 million in unbacked tokens through a 1-of-3 multisig weakness.Kelp DAO says rsETH has been fully restored after the April Lazarus-linked exploit.XRP Ledger is rolling out a maintenance upgrade to delete expired NFT offers and patch accounting bugs.Stablecoin market value has reached about $322 billion, now larger than the FX reserves of 95 countries.Tether plans to launch GELT, a Georgian lari stablecoin, with government support in Georgia. Hosted on Acast. See acast.com/privacy for more information.
Craig Cobb says Bitcoin is approaching a critical moment after last week’s sharp volatility tested one of the most important support zones on the chart. The recent selloff bounced almost perfectly off the old $74,000 breakout level from late 2024, the same area where Bitcoin first launched toward $100,000 after President Trump’s election victory. That bounce helped stabilize the weekly structure and potentially form a higher low, but Craig stresses that Bitcoin is still technically locked inside a daily downtrend until it can decisively break above recent highs and reverse momentum. Hosted on Acast. See acast.com/privacy for more information.
Brief Summary:Bitcoin failed to hold gains above $82K and traded back into the $77K-$78K range as macro pressure and ETF outflows weighed on marketsEthereum continued underperforming near $2,130 while traders watched major liquidation zones around the $2,000 levelCoinGlass data showed massive long liquidations across crypto markets, with Bitcoin alone seeing roughly $190 million wiped outU.S. Bitcoin ETFs have now experienced roughly $1 billion in recent outflows as institutional demand weakensMichael Saylor reiterated Strategy’s aggressive long-term Bitcoin accumulation plansHyperliquid-related ETF products reportedly attracted $16 million in inflows within nine trading daysThe Senate Banking Committee advanced the CLARITY Act in a bipartisan 15-9 voteDemocrats raised concerns about anti-money laundering enforcement, stablecoins, and DeFi oversight in the billReports indicate the SEC is exploring a framework for tokenized stock trading platformsTreasury yields and interest rate concerns continue pressuring crypto and other speculative assets Hosted on Acast. See acast.com/privacy for more information.
Brief SummaryBitcoin consolidating near $76,500–$77,000 after recent drop below $77k.Spot Bitcoin ETFs saw $331 million in outflows on May 19 — largest since March. IBIT led with ~$326M.Harvard fully exited its $87M Ethereum ETF position in Q1 and trimmed Bitcoin ETF holdings.Minnesota signed law allowing banks and credit unions to offer crypto custody starting August 1, 2026.New Minnesota rules require asset segregation, cybersecurity standards, and 60-day notice.Low implied volatility in Bitcoin despite price weakness and rising yields.CLARITY Act continues moving through Congress after Senate committee advancement. Hosted on Acast. See acast.com/privacy for more information.
Brief SummaryBitcoin holding near $76,800 with relative stability while altcoins continue to weaken.Harvard University fully sold its $87 million Ethereum ETF position in Q1 2026 after holding it for just one quarter.Harvard also cut its Bitcoin ETF (IBIT) holdings by 43% in the same quarter.U.S. Bitcoin ETFs saw roughly $1 billion in net outflows this week.Minnesota Governor Tim Walz signed House File 3709, allowing banks and credit unions to offer crypto custody starting August 1, 2026.New Minnesota law requires asset segregation, cybersecurity standards, and 60-day regulatory notice.Minnesota is also banning crypto ATMs by the end of 2026.Concerns growing over potential impact of CLARITY Act amendments on DeFi. Hosted on Acast. See acast.com/privacy for more information.
The episode also features an in-depth market analysis from Craig Cobb, who warns that Bitcoin’s technical structure is beginning to weaken again after failing to hold a recent rally. Craig explains why he believes equities, macroeconomic uncertainty, and global liquidity conditions remain critical drivers for crypto prices moving forward. He also outlines why he is staying cautious, watching for further downside, and focusing on short-term structured trading setups rather than aggressively buying into current market conditions. Hosted on Acast. See acast.com/privacy for more information.
Bitcoin hit a two-week low near $76,800 on Trump’s Iran comments and heavy long liquidations totaling over $560M.Goldman Sachs dumped its XRP and Solana ETF positions but kept heavy Bitcoin ETF exposure.Senate Banking Committee advanced the CLARITY Act in a bipartisan vote last week.April was crypto’s worst month for hacks/exploits so far in 2026 with over $635M stolen.Binance launching new USDS-backed perpetual contracts today.Institutional flows via ETFs are now a major driver of daily price action. Hosted on Acast. See acast.com/privacy for more information.
Brief Summary:Bitcoin Update: Bitcoin holds above $80,000 despite geopolitical tensions and mixed economic data.Major Regulatory Win: The U.S. Senate Banking Committee voted 15-9 to advance the CLARITY Act, moving the crypto market structure bill one step closer to becoming law.Institutional Launch: Fidelity Digital Assets launched a new institutional staking service for Bitcoin and Ethereum, securing over $500 million in early commitments from pension funds and endowments.BlackRock Expansion: BlackRock filed to expand its tokenized Treasury offerings with a new product aimed at European institutions.Security Incident: A DeFi protocol on Base lost $19 million in a flash-loan attack involving manipulated oracles.Fraud Case: U.S. authorities charged two people in a $48 million crypto fraud scheme that used AI-generated content to target retail investors.Presale Activity: IONIX CHAIN raised another $9 million, while a new AI-agent infrastructure project closed its round at $7.8 million. Hosted on Acast. See acast.com/privacy for more information.
Reviews
No reviews yet.
If you like this...

SANS Internet Stormcenter Daily Cyber Security Podcast (Stormcast)
Same format · Same audience

Wealthyist
Same topic · Same audience

Financially Inclined
Same topic · Same audience

IRL: Online Life is Real Life
Same topic · Same audience

Chicago Bulls News Today | 2 Min News | The Daily News Now!
Same format · Same tone

POS Podcast Productions
Same topic
Discussion (0)
No comments yet. Be the first to start the discussion!