Bankless ROLLUP: Kamala Crypto Pivot? | USDC iPhone Tap-to-Pay | WBTC Drama? | Superchain Soon?
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Aug 16, 2024 Speculation arises about Kamala Harris's potential pivot to crypto—could it be a game-changer in the elections? Exciting developments hint at USDC-enabled tap-to-pay on iPhones. The drama surrounding BitGo's wrapped Bitcoin could create new opportunities for Coinbase. Meanwhile, Optimism unveils plans to reduce fragmentation in the ecosystem. The conversation also highlights the growing list of political prisoners in crypto, urging for community support and justice.
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Argentina's Crypto Scene
- Ryan Sean Adams is back in Argentina observing the vibrant crypto startup scene.
- He's impressed by the focus on building real-world products with millions of users.
Market Overview
- Bitcoin's price remained flat, while ETH saw a 6% increase.
- Grayscale ETH ETF experienced continued outflows, but inflows to other ETH ETFs are increasing.
Inflation and Rate Cuts
- Annual inflation in the US hit a three-year low, potentially allowing Jerome Powell to cut rates in September.
- Rate cuts could positively impact the markets and the upcoming election.