

BTC144: Bitcoin and Macro Mastermind 3Q 2023 w/ Joe Carlasare, Jeff Ross, and Steven McClurg (Bitcoin Podcast)
32 snips Aug 23, 2023
Join legal expert Joe Carlasare, finance strategist Steven McClurg, and investment analyst Jeff Ross as they dissect the rising interest rates and their impact on the economy. They delve into the latest developments surrounding Bitcoin ETFs, including the SEC's influence and the ramifications of the Grayscale lawsuit. The trio also speculates on potential energy price breakouts and navigates the complexities of the U.S. treasury market amidst evolving economic conditions. Their insights are sharp, and the discussions are as engaging as they are informative!
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SBF Back to Jail
- Sam Bankman-Fried (SBF) returned to jail for witness tampering, attempting to influence FTX's former general counsel.
- This follows his controversial house arrest after FTX's $9 billion loss, surprising given his substantial political donations.
FTX Customer Compensation
- FTX customers with deposits are unlikely to be fully compensated due to insufficient funds to cover liabilities.
- They might receive a minimal percentage, but bondholders and creditors have preference in the bankruptcy proceedings.
Bitcoin ETF Delay
- The SEC's potential delay of Bitcoin ETF approval to 2024 hinges on the Grayscale lawsuit appeal.
- The lawsuit's outcome will likely influence the SEC's decision on ETFs, avoiding potential embarrassment.