Episode Details

Weekly Roundup 10/18/24 (Hagertyโ€™s Stablecoin Bill, WLF Launches, GOAT Coin) (EP.568)
10/18/2024
On The Brink with Castle Island โ†—

Key Insights

Bullish:

  • ๐ŸŸข $STABLES - Positive outlook for stablecoins due to Senator Hagerty's proposed regulation bill, which preserves state-level approaches while addressing federal regulation desires. This could lead to increased adoption and legitimacy of stablecoins.
    • โ€œThere is a desire to federally regulate stablecoins. I think the crux of it is ultimately, is there a state approach? And Hagerty's bill preserves that. So good for him.โ€ - Nic (14:00)
  • ๐ŸŸข $BITL - ๐Ÿ”’
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Bearish:

  • ๐Ÿ”ป $POLYMARKET - ๐Ÿ”’
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  • ๐Ÿ”ป $EUROSTABLES - ๐Ÿ”’
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  • ๐Ÿ”ป $CRYPTO - ๐Ÿ”’
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