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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.
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:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2
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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
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
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