The Breakdown

Crypto analyst Scott Melker joins NLW to discuss the top five stories in crypto this week, including the SEC vs. Binance dispute, the rise of crypto funds, support from Sam Bankman-Fried's parents, and the impact of the Federal Reserve's announcement on Bitcoin price.

This podcast explores the impact of rising oil prices on the economy and the possibility of a government shutdown. It discusses production cuts by OPEC, Russia's ban on exporting fuel, and the potential consequences for Europe and the US. It also delves into the short-term impact of the Fed's messaging on oil prices, Republican dissent in Congress, and the challenges in passing crypto legislation amidst a chaotic political environment.

This podcast discusses the recent FOMC decision to keep rates consistent and explores why it is being called a hawkish pause. It delves into the Federal Reserve's outlook on interest rates and the market response to higher rates. The episode also highlights consumer dissatisfaction with the economy and future episodes will cover macro analysis on oil.

The podcast discusses the SEC's warning about pursuing more action against exchanges and DeFi protocols. The crypto industry questions the SEC's capacity to handle multiple legal battles. They also discuss the possibility of a coordinated defense fund in the crypto industry and global regulations. The validity of FSB recommendations and a UK bill granting authorities power to seize crypto assets are also debated. The challenges of regulating end-to-end encryption and updates on the JPX case are explored.

The podcast discusses the SEC's battle against Binance US, including the denial of an SEC request to compel Binance US to produce specific information. It explores the ongoing litigation, concerns about accounting practices, and potential misuse of customer funds. The podcast also analyzes the impact of the court case on the crypto industry and highlights the lack of evidence of Binance losing customer funds.

Anti-CBDC bills advance in Congress as surprising campaign issues. Hong Kong warns against unregistered crypto firms. JPEGs cryptocurrency exchange faces liquidity issues and fraud investigations. Regional crackdown on crypto and ongoing legal battle in the industry.

Exploring the potential of ordinals in building use cases on Bitcoin. The shift in venture capital interest from crypto to AI. The decline in global venture funding and deal volume. The decrease in crypto venture funding and the dominance of AI. The changing landscape of crypto venture capital funding in the current bear market.

The podcast discusses the Gensler hearing, Binance executive departures, FTX sales, Stoner Cat settlement, and Fortress losing customer funds. It explores regulatory clarity, the crypto market rebound, Ripple's acquisitions, and challenges in the crypto industry.

The podcast explores the potential impact of FTX's estate selling on the crypto market. It also discusses the departure of key executives from Binance US amidst ongoing litigation with the SEC. Additionally, it covers the ban imposed on three arrows capital co-founders by the Singaporean monetary authority and the clash between DCG and Gemini over recovery support for users.

Gary Gensler, former chairman of the Commodity Futures Trading Commission, discusses the SEC's enforcement action against NFT project Stoner Cats. Topics include the settlement and dissenting opinions, the SEC's overreach in regulating the resale market, insights on Gensler and CFTC's stance on crypto, and the battle for the future of digital assets.