Trends in Cryptocurrency Dynamics

This week in crypto we saw markets…stumble? Then recover? Is the 2024 bull run over? 

Elizabeth Warren is targeting prediction markets and the crypto community is pushing back, obviously. Meanwhile, SEC Chair Gary Gensler also faces setbacks…more L’s? 

Zora’s latest release promises to shake up the NFT world. 

And in a surprising twist, Trump's children have reportedly taken a keen interest in…DeFi…?

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0:00 Intro

2:50 What happened to markets?  https://x.com/dougboneparth/status/1820448580290724222  https://www.cnbc.com/2024/08/05/carry-trades-a-major-unwinding-is-underway-amid-a-stock-sell-off.html  https://x.com/KobeissiLetter/status/1819753746202546478  https://x.com/radarhits/status/1820091232770572794  https://www.coindesk.com/markets/2024/08/08/kamala-harris-donald-trump-tied-on-polymarket-on-who-will-be-the-next-us-president/  https://x.com/WatcherGuru/status/1820554001450258522  https://x.com/KobeissiLetter/status/1820897733143585209 

11:27 What happened since Monday https://www.reuters.com/markets/asia/boj-wont-raise-rates-when-markets-unstable-deputy-governor-says-2024-08-07/  https://x.com/peruvian_bull/status/1820999796334981126  https://x.com/NickTimiraos/status/1821532870529396989  https://x.com/Polymarket/status/1820869310119662035  https://x.com/KobeissiLetter/status/1820870572093448299 

14:31 Bankless Episodes - Livestream & Tom Lee  https://www.youtube.com/live/CIbt2xlBJ5A?si=_60rGAl_9zzv-H0C  https://youtu.be/lD9774SuP3E?si=-a3Zmt-1r6aS22xq 

22:24 Jump Capital is selling its crypto positions  https://x.com/lookonchain/status/1820321011730116636 

25:17 Highest ETH ETF inflows since their launch https://x.com/zerohedge/status/1821143966462484640  https://x.com/TommyWorldPower/status/1821091488132165719  https://www.cnbc.com/2024/08/02/morgan-stanley-wealth-advisors-bitcoin-etfs.html 

27:10 Why is ETH so weak? https://x.com/RyanSAdams/status/1821534234382627195  https://imgur.com/TsIvCPi  https://x.com/ceterispar1bus/status/1820842327901954453 

33:38 Strong earnings for key crypto companies in Q2…what we can learn? https://s27.q4cdn.com/397450999/files/doc_financials/2024/q2/Q2-24-Shareholder-Letter.pdf  https://www.theblock.co/post/310136/robinhoods-q2-crypto-revenues-up-161-as-trading-volume-hits-21-5-billion  https://x.com/wazzcrypto/status/1786139849197551637 

36:56 Are Prediction Markets bad? Sen. Warren thinks so https://www.merkley.senate.gov/wp-content/uploads/CFTC-Letter-FINAL.pdf  https://x.com/mansourtarek_/status/1820486209031766204  https://x.com/matthew_d_green/status/1821146583955583068  https://x.com/iamDCinvestor/status/1821361435449962562   https://x.com/hasufl/status/1820818054621622673  https://x.com/LWarho/status/1820888617469771813  https://x.com/Domahhhh/status/1821208004529942713  https://x.com/TrustlessState/status/1821178136282726643 

48:02 Zora protocol now creates pools on Uniswap! https://x.com/js_horne/status/1821215028457967757  https://x.com/haydenzadams/status/1821229811689517401  https://x.com/tbtstl/status/1821217611935273368 

50:11 Ripple Labs settled with SEC & More Ls https://x.com/EleanorTerrett/status/1821276946921345341  https://x.com/lex_node/status/1821282897921503742  https://x.com/bgarlinghouse/status/1821289051191963861  https://storage.courtlistener.com/recap/gov.uscourts.nysd.599908/gov.uscourts.nysd.599908.150.0.pdf  https://x.com/RyanSAdams/status/1821169925769044250  https://x.com/EleanorTerrett/status/1820540465609130052 

53:25 Were Eric and Donald Trump Jr DeFi-pilled? https://x.com/EricTrump/status/1820906993802211751  https://x.com/DonaldJTrumpJr/status/1821164331020517596 

55:04 Where did Brian Armstrong’s co-founder go?  https://x.com/fehrsam/status/1820859394361610338 

57:10 MEME of the Week https://media.discordapp.net/attachments/1257324353301905579/1270790505357115674/image0.jpg?ex=66b5a422&is=66b452a2&hm=33fc015ff27ad80a11172c464d2edb054bd418d5234be0088788f6946593404f&=&format=webp&width=1620&height=1843 

58:28 Closing & Disclosures

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