On The Brink with Castle Island

Weekly Roundup 05/17/24 (SAB121 repeal, Paul Ryan on stables, Bitcoin ETF 13Fs) (EP.528)

May 17, 2024

Matt Hougan, expert in Bitcoin ETFs, discusses the Senate's SAB121 repeal, Democrats defying Biden, Paul Ryan's stablecoin comments, Wisconsin owning over $100m of Bitcoin ETFs, and MEV exploiters arrested by the DoJ. They also mention Roaring Kitty and the dynamic nature of 13Fs in Bitcoin ETF filings.

38:44

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Episode guests

Matt Hougan

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Senate passes SAB121 for crypto consumer protection with bipartisan support but potential veto.

Analysis of recent industry events shows diverse institutional holdings in Bitcoin ETFs amidst market exploits.

Deep dives

Federal Government's Intervention in Financial Markets

The federal government steps in to stabilize financial entities like Lehman, AIG, Fannie Mae & Freddie Mac amid market upheavals and economic challenges, infusing capital to prevent collapse and maintain stability.

Introduction

2min

Cryptocurrency Legislation and Political Defiance

6min

Crypto Deals, Political Commentary, and Regulatory Influences

17min

The Legal Ramifications of an MEV-related Exploit

4min

Legal Repercussions, Unanswered Questions, and Biden's Crypto Politics

2min

Discussion on Political Contributions, Bitcoin ETF Filings, and the Roaring Kitty Effect

2min

Bitcoin Commencement Speaker Contest Results

6min

Matt and Nic are back with another week of news and deals. In this episode:

The Senate votes to repeal SAB121
Which Democrats defied Biden on SAB121?
Chuck Schumer breaks with Warren
Paul Ryan’s pro-stablecoin comments on Bloomberg
CME is launching a spot crypto exchange
The State of Wisconsin owns over $100m of Bitcoin ETFs
Pump.fun exploited
MEV exploiters arrested by the DoJ
What’s up with Roaring Kitty?

Content mentioned in this episode:

Matt Hougan, Who’s Buying Bitcoin ETFs (According to 13F Filings)
David Morris, What President Biden’s Crypto Politics Might Really Be About
Rep Mike Flood and Wiley Nickel, It’s time to overturn SAB 121

Sponsor notes:

Bitcoin’s Halving Aftermath
In Coin Metrics' State of the Network issue 259, we analyze the impact of Runes and miner revenues in Bitcoin's post-halving landscape

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On The Brink with Castle Island

Weekly Roundup 05/17/24 (SAB121 repeal, Paul Ryan on stables, Bitcoin ETF 13Fs) (EP.528)

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Federal Government's Intervention in Financial Markets

Bitcoin's Fourth Halving and Metrics Analysis

Senate's Approval of Crypto Legislation

Cryptocurrency Industry Developments and Turmoils

Remember Everything You Learn from Podcasts