Crypto Bets on Trump ($)
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 🇺🇸 Trump Taps Crypto-Friendly J.D. Vance as 2024 Running Mate. The Ohio Senator and former Trump critic brings more crypto support to the GOP ticket.
Read more on Bankless.com - 💰 BlackRock Hits AUM Record as CEO Endorses BTC. BlackRock hit a record $10.65T in assets under management in Q2.
Read more on Bankless.com - 👩⚖️ Tornado Cash's Alexey Pertsev Denied Bail Ahead of Appeal. In May, Pertsev was sentenced to 64 months in prison.
Read more on Bankless.com
📸 Daily Market Snapshot: Crypto prices bounced back over the weekend in a major pump that was oddly primarily attributed to the failed assassination attempt on Donald Trump and his subsequent response, which many saw as bullish for his chances of clinching a second term and shifting the face of crypto regulation in the U.S. alongside his chosen running mate J.D. Vance.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.33T | ↗5.7% | ↗12.6% |
|
BTC $63,748 | ↗5.9% | ↗13.3% |
|
ETH $3,434 | ↗7.1% | ↗14.5% |
|
STX $1.88 | ↗10.9% | ↗40.2% |
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Mantle kickstarts Season 1 of Methamorphosis. Building on the success of their Liquid Staking Token, mETH, Mantle LSP announces plans for a new Liquid Restaking Token, cmETH, along with a governance token, COOK. With Methamorphosis, participants can now farm Powder for future COOK tokens and position themselves early for upcoming cmETH release.
Why are stocks up, but crypto isn't? What happened to the bull market?
Jim Bianco is the perfect guest to intersect crypto, traditional finance, and the broader macro world. And that’s precisely why we brought him on the show today.
In our conversation, we ask him:
- Are tech stocks in an AI bubble?
- Is crypto going to have its moment?
- How is the U.S. economy really doing?
- What are the next potential market movers?
Jim guides us through all of this, but also explains how he’s positioning himself and his portfolio for 2024👇