Episode Details
| Title | Weekly Roundup 11/01/24 (US Treasury on Stables, Polymarket volume, Singh Sentenced) (EP.571) |
|---|---|
| Date | 11/1/2024 |
| Podcast | On The Brink with Castle Island ↗ |
Key Insights
Bullish:
- 🟢 $STABLES - Stablecoins are seen as more desirable and functional than CBDCs due to their permissionless nature and global accessibility.
- “People do want stable coins. Stable coins work because of the permissionlessness. The fact that you can hold them in a non custodial wallet that they can easily be proliferated globally.” - Nic (24:37)
- 🟢 $BTC - 🔒
- 🟢 $CRYPTOETF - 🔒
- 🟢 $MSTR - 🔒
Bearish:
- 🔻 $CBDC - 🔒
- 🔻 $SECREG - 🔒