Join Matt and Nick as they discuss how Bitcoin put in its strongest September in over a decade. They also cover U.S. Vice President Kamala Harris’ first comments about blockchain; crypto announcements from Visa and PayPal; altcoins; and more.

Key Takeaways

• Bitcoin (BTC) put in its strongest September in over a decade. We now enter Q4, which is BTC’s best quarter based on past performance.
• BNY Mellon, the world’s largest custody bank, received approval from the U.S. SEC to custody the spot Bitcoin and Ethereum ETFs. It was also granted an exemption from SAB 121, essentially making it commercially viable for BNY Mellon to start offering crypto custody services.
• U.S. Vice President Kamala Harris said she wants the country to “remain dominant” in blockchain and other emerging technologies. While it is somewhat encouraging to see Harris finally mentioning crypto, we still lack any clear details about her crypto policies would be if she wins November’s election.
• PayPal and Visa each announced their latest crypto offering, a promising sign for adoption.
• While FTX distributions are likely to start in Q4, the process will likely extend into 2025. This story is not as bullish as many are making it out to be.
• Among the altcoin updates covered: Celestia’s $100M funding round, EigenLayer’s EIGEN token becomes transferable, and Ethena’s new stablecoin tied to BlackRock’s BUIDL fund.

Join Matt and Nick as they break down Token2049 and Solana Breakpoint 2024, two of the largest crypto conferences of the year. They also discuss the latest with World Liberty Financial (WLFI), the upcoming crypto project associated with Donald Trump and the Trump family.

Key Takeaways

• The U.S. central bank cut rates for the first time in more than three years. Further cuts are expected by year-end and throughout 2025, ideal conditions for risk-on assets such as crypto.
• Donald Trump and other Trump family members shared limited information about World Liberty Financial and its WLFI token.
• Token2049 was likely the largest crypto conference to date. Key themes included DePIN and Crypto x AI.
• Solana Breakpoint was an overwhelming success. It featured Firedancer development updates, multiple project announcements, and more. Next year’s will be in Abu Dhabi from December 11–13.
• Among the altcoin updates covered: USDC stablecoin arrives on Sui and Maker officially rebrands to Sky.

Join Matt and Nick as they break down Trump’s new crypto project, World Liberty Financial, and Japan’s largest energy company expanding into Bitcoin mining. They also discuss certain altcoin updates related to Solana, EigenLayer, Ethereum Name Service, and more.

Key Takeaways

• Crypto prices have rebounded, led by BTC. Notably, the ETH/BTC pair hit its lowest level since April 2021.
• World Liberty Financial, the upcoming DeFi project tied to the Trump family, is gearing up for launch. More details to come this week when Donald Trump appears on an X Space.
• A subcommittee of the U.S. House Financial Services Committee gathered for a 90-minute hearing devoted to DeFi for the first time. More crypto hearings will take place before the end of the month.
• Japan continues to adopt crypto and blockchain technology, with recent news highlighted by the country’s largest energy company announcing that it had started mining BTC with excess energy.
• Coinbase’s launch of cbBTC, a wrapped BTC token, may spur additional growth in the Bitcoin DeFi ecosystem.
• Among the altcoin updates covered: Solana Breakpoint 2024; Chainlink SmartCon 2024; EIGEN stakedrop; and ENS integrating into PayPal and Venmo.

Join Matt and Nick as they break down the crypto market sell-off, the state of crypto regulations in the U.S., Wells Fargo’s potential Bitcoin ETF push, and more. They also discuss certain altcoin updates including Arbitrum Stylus and Polygon’s token migration.

Key Takeaways

• The crypto market slid amid weakness in stock markets, with ETH temporarily hitting a year-to-date low under $2,200.
• Last week’s Bitcoin ETF flows totalled -$706M. Net outflows have now occurred for eight straight trading days.
• Wells Fargo reportedly plans to start actively pitching the spot Bitcoin ETFs to certain clients as of this month. Access to these ETFs should only keep improving over the coming months and years.
• Qatar announced a comprehensive framework for regulating crypto in a bid to attract global businesses.
• There are seven altcoin-specific conferences in the next seven weeks: Solana Breakpoint, Cardano Summit, Chainlink SmartCon, Ripple Swell, Stellar Meridian 2024, Cosmoverse, and Avalanche Summit LATAM.
• Among the altcoin updates covered: Arbitrum Stylus, MATIC to POL token migration, and Ripple USD (RLUSD).

Join Matt and Nick as they break down August’s market performance, stablecoin supply hitting all-time highs, and the market outlook for September. They also discuss certain altcoins updates including outages for the TON blockchain and MakerDAO’s rebrand.

Key Takeaways

• August was a rough month for crypto—led by BTC (-8.7%), ETH (-22.3%) and SOL (-21.1%)—while major U.S. stock indices managed to record their fourth straight monthly gain.
• Seasonality indicates that it will be more of the same in September, given it has historically been one of BTC’s worst months.
• Stablecoin supply hit all-time highs, indicating increased demand to use blockchains.
• Among the altcoin updates covered: TON struggles with network performance and MakerDAO rebrands to Sky.

Join Matt and Nick as they cover the Federal Reserve's plan to cut rates, the arrest of Telegram’s co-founder and what it means for TON, Marathon becoming a new buyer of Bitcoin (BTC), and more.

Key Takeaways

• Crypto rallied after the U.S. central bank all but confirmed it’d cut rates in September. It remains unclear whether the cuts will be 25 basis points or 50 basis points.
• Telegram’s co-founder and CEO, Pavel Durov, was reportedly arrested by French authorities, crashing the price of TON. While Telegram has not been involved in TON for a few years, the market still treats TON as if it is Telegram’s cryptocurrency. This is unlikely to change any time soon. Therefore, events related to Durov may affect price in the short term.
• September will feature a number of key events, including the first presidential debate between Trump and Harris (Sep. 10) and the Fed’s rate cut (Sep. 18).
• Among the altcoin updates covered: Solana ETF application setback and ARB staking vote goes live.

Join Matt and Nick as they break down crypto’s chaotic week. They also discuss Ethereum vs Solana, the Ethereum ETFs, the SEC vs Ripple Labs court ruling, and more.

Key Takeaways

• The market bounced strongly off last week’s lows of less than $50,000 for BTC. For now, it appears the technical reasons for the flash crash have passed.
• Kamala Harris overtook Donald Trump in U.S. election prediction markets for the first time. This likely contributed to last week’s sell-off, given that a would-be Trump win would likely bolster risk assets.
• Solana is catching Ethereum across a number of key adoption metrics. There is a strong argument that both can do well in the long term.
• Among the altcoin updates covered: XRP soars after SEC vs Ripple Labs judgment and Arbitrum to be used by Franklin Templeton.

Join Matt and Nick as they break down why Bitcoin and the broader cryptocurrency market have sold off heavily, exploring potential reasons such as growing recessionary fears, changing election odds, and the strengthening Japanese yen.

Key Takeaways

• Crypto prices have tumbled amid broader selling of risk-off assets caused by several reasons.
• These reasons include growing fears of a U.S. recession, a tightening of the election race, and heightened uncertainty surrounding Japan’s economy.
• Among the altcoin updates covered: Avalanche used by the Californian DMV and Lido’s institutional offering.