Decentral Lens

Decentral Lens: Germany/Mt Gox/ETF Inflows | Celsius Suits | Uniswap Fights | Crypto & Congress | 7/10/24


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Join us on Decentral Lens as we filter through and put into context all the news from the past week. Starting by addressing the startling Bitcoin liquidation by Germany as well as the Mt Gox repayments examining how these forces have rippled through the global crypto markets. Plus, we explore how ETF inflows are cushioning the blow, creating a fascinating push-and-pull scenario in the crypto sphere.

Reflecting on Bitcoin's past behavior during economic crises, we debate its future role as either a safe haven or high-risk asset. And with the June CPI report on the horizon, we strategize on the best times to enter the market to maximize gains and minimize losses.

We then tackle the Celsius' controversial lawsuits against 5,000 former account holders. This chapter serves as a stern reminder about the perils of centralized exchanges and underscores the importance of self-custody, sharing personal stories to drive the point home. 

Next, the recent French elections and how they were reflected on Polymarket is discussed. Then, it is noted that Uniswap is already fighting back again against the SEC and is using the recent Chevon decision to further their arguments. To wrap up, we turn our attention to the growing political influence of the crypto industry, dissecting the increasing political engagement from both sides of the aisle to align with crypto ahead of the U.S. election and the industry's opportunity to leverage it's influence to achieve regulatory clarity. We end with an eye on today's House vote to overturn Biden's veto of SAB121. 

The Decentralized Era is just beginning. Come join us on the Socials:

X | @DecentralLens | @Blutoshi | @DiscoHODL
YouTube: @DecentralLens
Web: https://decentralpod.com/

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