

News Block: Bond Yields Spike, FDIC Bitcoin Crackdown Exposed, Fed’s Barr Resigns, CFTC’s Behnam Steps Down
Jan 8, 2025
AI Snips
Chapters
Transcript
Episode notes
Bond Yields and Bitcoin
- Rising bond yields make bonds more attractive compared to assets like Bitcoin.
- This can decrease demand for Bitcoin and signal tighter monetary conditions, putting pressure on its price.
Operation Chokepoint 2.0
- Regulators used "Operation Chokepoint 2.0" to restrict crypto's access to banks, hindering industry growth.
- Unredacted letters reveal a coordinated effort to stifle crypto innovation.
Regulatory Changes and Bitcoin
- Resignations of Michael Barr and Rostin Behnam offer a chance for pro-Bitcoin appointments.
- This could lead to a regulatory overhaul under the new administration.