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Today's episode examines the performance of various altcoins, noting the struggles of Solana amidst wider market gains and the rise of new "ponzi" tokens. It also discusses Kanye West's planned entry into the crypto space with his YZY token, drawing parallels to other celebrity-backed ventures and raising concerns about centralized ownership. Further, the episode summarizes key events, including the SEC's shift in crypto regulation, the launch of an SEC-registered stablecoin, and OpenSea's NFT market resurgence. Finally, we touch on Sam Bankman-Fried's attempts to court favor with Donald Trump and Vitalik Buterin's dismay regarding blockchain's use for "casinos."

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