Episode Details
Title | Weekly Roundup 08/09/24 (Japan chaos, Ripple settles for $125m, Customers bank) (EP.551) |
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Date | 8/9/2024 |
Podcast | On The Brink with Castle Island β |
Key Insights
Bullish:
- π’ $BTC - Discussing the positive outlook on Bitcoin with significant investments and market movements.
- βMicroStrategy... filed with the SEC that they're going to issue $2,000,000,000 more of their own equity... to buy more Bitcoin.β - Matt (0:00)
- βWell, Bitcoin is back at 60 k, so maybe everything is peachy.β - Nic (0:00)
- βSo there is a lot of money moving back over the next few months to FTX customers here... You've got 2,000,000,000 of MicroStrategy shares that are, yeah, that's gonna be 2,000,000,000 US dollars to go buy Bitcoin.β - Matt (0:00)
- βSo speaking of wallets tagged, there's also a rumor that a bunch of ether held by PlusToken... were on the move... So if you don't recall, PlusToken was responsible for... this kind of big run up and then collapse that we had in 2019.β - Nic (0:00)
- βSo a court has ordered Ripple to pay a $125,000,000 settlement... the SEC had been demanding a $2,000,000,000 judgment against Ripple. So from that perspective, I think this is a huge win.β - Matt (0:00)