Unpacking China's Major Stimulus and Its Impact on Crypto

This week we break down China’s massive new economic stimulus package, its biggest move since the pandemic and what it could mean for the global markets.  Gary Gensler faced intense bipartisan grilling in Congress, and Nic Carter dropped shocking new insights on ChokePoint 2.0’s legal implications. Plus, Eigenlayer’s token unlock is finally here after months of non-transferability. We’ll also dive into the key moments from Solana’s Breakpoint Conference. Buckle up.

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------ TIMESTAMPS & Resources

00:00:00 Kamala's Pivot? https://www.theblock.co/post/318216/kamala-harris-says-us-should-become-dominant-in-blockchain-reiterates-digital-assets-in-economic-plan  https://twitter.com/standwithcrypto/status/1838327263953326469  https://x.com/EleanorTerrett/status/1839041447007342919  https://www.theblock.co/post/317636/vp-harris-says-shell-encourage-crypto-business-while-protecting-consumers-at-wall-street-fundraiser-bloomberg  https://x.com/TrustlessState/status/1838578494462189990  https://x.com/mcuban/status/1838667484905578704?s=46  https://www.axios.com/2024/09/23/harris-embraces-crypto-overture-young-men  https://x.com/Zachary/status/1839260651614568845 

00:14:17 Markets https://pro.kraken.com/app/trade/btc-usd 

00:16:39 ETH Options Approved https://x.com/EricBalchunas/status/1837240128588169587  https://x.com/kellyjgreer/status/1824168136637288912 

00:19:16 Movers Of The Week https://www.coingecko.com/en/coins/sei  https://x.com/VitalikButerin/status/1838809754002690403 

00:22:10 The Beijing Bazooka https://x.com/JustDeauIt/status/1839152089718538572  https://finance.yahoo.com/news/what-chinas-biggest-stimulus-since-the-pandemic-means-for-us-investors-morning-brief-100039804.html  https://x.com/deitaone/status/1839235182294913315?s=43&t=2ZINVXJQKx6xO_6Wiiu_2g 

00:29:55 The Roast Of Gary Gensler https://x.com/BanklessHQ/status/1838602362841374762  https://x.com/BanklessHQ/status/1838613533061230618  https://x.com/BanklessHQ/status/1838621580546425045 

00:38:25 Jail Updates https://www.reuters.com/world/us/bankman-frieds-ex-girlfriend-ellison-be-sentenced-over-crypto-fraud-2024-09-24/  https://x.com/autismcapital/status/1838661563663945804 

00:44:23 Crypto Bank Crackdown Exposed https://x.com/nic__carter/status/1836858969241100776 

00:54:25 EIGEN Unlock https://x.com/eigenfoundation/status/1838270195246170553  https://x.com/JimmyRagosa/status/1839272870809076003 

00:55:55 Solana Breakpoint Recap https://x.com/solana/status/1837035324587028567  https://x.com/solanamobile/status/1836614409613119632  https://x.com/solanafloor/status/1837038360101007577?s=46 

00:59:05 Telegram Founder Updates https://www.bbc.com/news/articles/cvglp0xny3eo 

01:00:32 Raises https://blog.celestia.org/celestia-foundation-raise/  https://x.com/infinex_app/status/1838730410710446144 

01:03:57 David Fight Updates https://polymarket.com/event/hoffman-vs-warwick 

01:08:26 Meme Of The Week https://x.com/spreekaway/status/1837128008169095172?s=46  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠