Centralized Stablecoins and Market Reactions

This chapter explores the impact of government actions on centralized stablecoins, with a focus on Tether's vulnerabilities to oversight. The discussion also touches on market reactions, Microsoft's potential Bitcoin acquisitions, and legal issues surrounding art NFTs.

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It's The Bankless Friday Weekly Rollup! In this episode, we dive into the rise of AI agents on blockchain, a surge in Bitcoin inflows ahead of a Trump-favored election, Ethereum “blobs” entering price discovery, and speculation around Microsoft potentially buying Bitcoin. ------ 📣 LEGION | MERIT BASED ICOs https://bankless.cc/Legion ------ BANKLESS SPONSOR TOOLS:

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🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🤖 0G | MAKING THE IMPOSSIBLE, INEVITABLE https://bankless.cc/0G

------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/87?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E

------ TIMESTAMPS & RESOURCES 00:00:00 Start

00:04:03 Markets https://pro.kraken.com/app/trade/btc-usd https://x.com/caprioleio/status/1850831666119623006 https://x.com/EricBalchunas/status/1850884568553013459 https://x.com/jords/status/1850983097808175152?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g https://www.coingecko.com/en/global-charts

00:13:52 L2 Update https://x.com/peterschroederr/status/1850556872727945285 https://x.com/dimahledba/status/1851535737482604681?s=46 https://x.com/dimahledba/status/1851183188288127237?s=46 https://x.com/dylankugler/status/1850997725111669044 https://x.com/sreeramkannan/status/1851616723197428109

00:18:23 Blobspace https://x.com/timjrobinson/status/1851222351524036855 https://x.com/0xbreadguy/status/1851244266137510063?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g

00:28:27 Election Updates https://polymarket.com/elections https://newsroom.aboutrobinhood.com/introducing-the-presidential-election-market/ https://x.com/amitisinvesting/status/1850868412806746217

00:35:02 AI Agents https://x.com/truth_terminal https://www.coingecko.com/en/coins/goatseus-maximus https://app.virtuals.io/virtuals/68 https://terminal.virtuals.io/ https://x.com/wojtekwtf/status/1850835219160416486 https://warpcast.com/aethernet https://x.com/tee_hee_he https://x.com/MurrLincoln/status/1850226148594082120

00:50:16 US prosecutors are investigating Tether https://www.wsj.com/finance/currencies/federal-investigators-probe-cryptocurrency-firm-tether-a13804e5 https://x.com/paoloardoino/status/1849876338573799912

00:55:14 OP Foundation Gave 425M OP To Ink https://www.coindesk.com/tech/2024/10/29/optimism-foundation-agreed-to-give-kraken-425m-of-op-tokens-in-layer-2-deal/ https://x.com/Fwiz/status/1851280684473897466

00:57:35 RocketPool Upgrade https://x.com/drjasper_eth/status/1849206972702228482

00:59:37 Microsoft Buying Bitcoin? https://x.com/jameslavish/status/1849598011082670387 https://x.com/saylor/status/1849790766945587241

01:01:17 SEC NFT Trolling https://x.com/brianlfrye/status/1851118844766535860 https://www.youtube.com/watch?v=96Cyp-nsL6k

1:04:44 Meme Of The Week https://x.com/GoldTelegraph_/status/1850667711355113621