Collective Shift

The team discuss the recent Volatility in the Crypto market. They also delve into the Coinbase and SEC ETH Futures news and how one of the worlds largest mobile game developers, Zynga enters Ethereum 
Key Takeaways 

• Bitcoin volatility returns with heavy liquidations in the derivative market. Do not use Leverage.
• Coinbase’s double win. Set to be approved to sell Crypto futures in US while BASE’s onchain summer blasts off. Try out the new chain here.
• Spot ETF’s have taken a backstage while Ethereum Futures take front stage. Refer to PRO Newsletter.
• Gaming giant Zynga (Farmville) set to launch new game on Ethereum with 10k NFT collection.

The team breaks down why PayPal’s launch of its PYUSD stablecoin was such big news. They also share their opinions on some of the other most important news from the past week, including the SEC’s bitcoin ETF decision and the launch of Coinbase’s Base.

Key Takeaways 

1. PayPal launched a stablecoin that’s redeemable 1:1 for U.S. dollars. An encouraging development given PayPal halted this project earlier in the year due to regulatory uncertainty.
2. As expected, the SEC delayed a decision on the ARK 21Shares Bitcoin ETF application. Next deadline is November 11.
3. The SEC plans to appeal a recent court decision involving Ripple Labs. This was always a possibility, considering the case’s potential consequences on the various lawsuits the SEC currently has against crypto businesses.

The team discuss the flurry of new Ethereum Future ETFs and its potential impact on the market. They also explain the significance of the new Layer 2 by Coinbase: BASE. 

Key Takeaways 

• Bitcoin and Crypto remains flat this week, While volatility shows in stocks and trad-fi. 
• Fresh excitement for BASE, the new Layer 2 launching on August 9th. Bridge here
• Professional services firm KPMG reported on Bitcoin’s environmental benefits. This was unimaginable only a couple of years ago. Understanding of Bitcoin is slowly improving.
• 12 new Ethereum Future ETFs have been filed. Stand aside Bitcoin, it’s Ethereums turn. 
• Want to earn some $$? Dai’s DSR is now 8%. Rates will not last!

The team discusses the controversial Worldcoin project and its WLD token, a valuable investment lesson in tokenomics and data security. They further explore DeFi exploits as well as new crypto regulation.

Key Takeaways 

• Sneak Peak: Check out the bookmarks tab on your profile! Save all your articles.
• Worldcoin, the project with eyeball-scanning hardware, went live last week, along with its WLD token. The absurdly low circulating supply taught new crypto investors a valuable lesson.
• Popular DeFi project Curve suffered a critical vulnerability. Tens of millions of dollars worth of cryptocurrencies likely stolen by hackers.
• Some crypto bills passed through very early stages of the legislative process. Promising start, but the major challenge will be getting these through the Senate.

The team discuss the latest news in crypto; a significant European Eth conference with major announcements and a US presidential candidate spouting bold claims with BTC. 

Key Takeaways 

• The EthCC conference was packed with project announcements from Uniswap, Chainlink, Gnosis, Starknet and more. Bullish for Ethereum
• U.S. Presidential candidate Robert F. Kennedy Jr. shared his plan to partially back the U.S. dollar with BTC. While this made lots of headlines, we can’t see this happening. 
• U.S regulatory hurdles continue as a hostile crypto bill circulates. Forcing Defi to comply.

The team explains why the Ripple & XRP win against the SEC is significant for the cryptocurrency market. They also cover Google Play policy changes, a major developer report and recent bankruptcy updates with FTX

Key Takeaways 

• Markets rallied after a U.S. judge ruled that XRP, the cryptocurrency tied to Ripple, is not a security in certain cases. Read Our Post
• Google Play now lets users buy, sell or earn digital assets in apps. A surprising update that should benefit gaming and NFTs.
• Developer Report by Electric Capital. This metric is a must-follow.
• FTX Notice - Claims Portal is Live. Confirm your identity and funds on the exchange.
• Polygon proposes a token upgrade from Matic to POL, unifying their brand.

The team breaks down the weekly news, focusing on Blackrock CEO's pivot into Bitcoin & Digital Gold. They also discuss the the new lawsuit filed by Gemini against DCG. 

Key Takeaways 

• BlackRock’s CEO said bitcoin could revolutionise the financial system, a change of tone from someone who previously criticised crypto.
• Another week, another series of regulatory headaches for Binance. Reminder: Strongly consider using a hardware wallet to store your crypto. See Our Guide
• Builders of DeFi protocol, BarnBridge, are being investigated by the SEC. Bearish news continues for DeFi, while Multichain gets hacked for $125M. 

Timestamps:

00:00 Intro

00:25 Market Update

01:35 Blackrock

05:17 Crypto Lawsuit

07:10 Why Does It Matter?

09:43 Binance

16:15 ARK report

18:52 DeFi Regulation

20:17 MultiChain Hack

Leon, Matt & Nick discuss the recent US ETF mania, all adapting their ETF to include Coinbase. They further cover how and why there is is more ETH on the blockchain than there is on centralised exchanges. 

Key Takeaways 

• Bitcoin ETFs continue to dominate the headlines. All applicants updated their filing after a request by the SEC.
• The amount of ETH being staked on the Ethereum blockchain surpassed the amount held on exchanges. Confidence in Ethereum’s security continues growing.
• The UK becomes the latest country to capitalise on the U.S.’s lack of regulatory clarity by passing crypto-friendly law.

00:00 Market Update
03:30 Bitcoin ETFs
08:31 Ethereum
13:03 UK
16:40 Binance
20:00 Azuki
24:00 Base
25:45 Ubisoft

Matt and Leon cover the recent news of Bitcoin ETFs with entrenched market  movers. They also discuss Bitcoin's soaring price and dominance as these investors flock to crypto’s safest asset.

Key Takeaways:

1. Bitcoin soared to a 12-month high of $31,470 on the back of more ETF filings. Bullish.
2. Bitcoin dominance rallies above 50% as more investors flock to crypto’s safest asset.
3. EDX, an exchange backed by major U.S. financial firms, went live and listed BTC, ETH, LTC and BCH. Institutional adoption continues.
4. Layer 2 season continues with updates from Zora, Coinbase and Binance.

Timestamps:

00:00 Market Update
03:56 Bitcoin ETFs
08:11 EDX Markets
12:43 Layer 2
16:30 NFTs
19:16 SAP
21:20 The Value Prop

The team delves into the recent news regarding BlackRock and their recent Spot Bitcoin ETF filing. They also discuss Binance's new agreement and the Tether FUD.

Key Takeaways 

• BlackRock, the world’s largest asset manager, filed for a bitcoin spot ETF. Unexpected and bullish.
• Matt Willemson proposes the spot ETF will be rejected in his recent post.
• Trading volumes declined significantly in Q2 after. Further confirmation of crypto winter.
• Binance.US assets avoid being frozen. Users are able to withdraw funds.

Timestamps:

00:00 Intro

00:30 Market

02:60 BTC dominance

05:16 Blackrock

10:08 Spot ETF

12:30 Trading Volume

15:20 Binance

17:56 Uniswap v4

21:25 Eigan Layer

23:20 Tether FUD

24:33 Block Inc