40 Burst results for "Seven Day"
CoinDesk Podcast Network
A highlight from UNCHAINED: Why All 10,000 OnChainMonkey NFTs Will Move From Ethereum to Bitcoin
"Arbitrum's leading Layer 2 scaling solutions can provide you with lightning -fast transactions at a fraction of the cost, all while ensuring security rooted on Ethereum. Arbitrum's newest addition, Orbit, enables you to build your own tailor -made Layer 3. Visit arbitrum .io today. Buy, trade, and spend crypto on the crypto .com app. New users can enjoy zero credit card fees on crypto purchases in the first seven days. Download the crypto .com app and get $25 with the code LORA. Link in the description. Today's guests are Danny Yang and Bill Tai, co -founders of Medigood and creators of Onchain Monkey. Welcome, Danny and Bill. Hey, Laura. Great to be here. Thank you, Laura. Honored to be here again. Bill, you were my third guest, if I remember correctly. So… Yeah. Pleasure to have you back. You're the star of the industry, kind of, at the Necker Blockchain Summit. I know. I can't believe that was over seven years ago now. But anyway, so part of the reason that I brought you two here was to discuss some recent issues, you could call them, in the Bitcoin ordinals world. And it affects you as creators. But first, why don't we give everybody the backdrop of what you've been doing. And we'll start with your backgrounds pre -Medigood. So, Danny, would you like to start? Yeah. So, I'm Danny Yang, pre -Medigood. I started a Stanford Bitcoin meetup back in 2013. That's when I met Bill, actually. So that's how he connected. True OG. Yeah. Early days of Bitcoin when we were all very, I guess, excited by what we could do. And I had the sky's the limit. And Bitcoin was the center of attention for everything. It was really the only thing. And I started a cryptocurrency exchange in Taiwan called MyCoin, that's doing well today too. And then a couple of years later, I started a blockchain analytics company called Bloxier that was then sold a few years after that. And Bill also was the first investor in both of my, those two Bitcoin and crypto companies that have been busy in this space. And just excited to see what's happening today too, what we're going to talk about because of the new happenings for Bitcoin in particular. And Bill? Yeah. And Laura, I think obviously you've known me for quite a while, but I somehow was able to see some kind of interesting future for Bitcoin back in 2010. That led me to doing some work on a bunch of different things. Some of the more notable companies that came out of the industry at that time were Bitfury, of course, where I put together the funding for their first major ASIC chip. Still chairman of the board of Hut 8 Mining, which we spun out of Bitfury, it used to be our Canadian operation and had funded a bunch of interesting projects like AirSwap with Joe Lubin and Mike Novogratz and Power Ledger and some other things. But Danny, having been the founder of the Stanford Bitcoin Meetup Group, and Laura, you will remember even back on Necker Island, what I wanted to do was create something like the Homebrew Computer Club for this segment. And Danny had already done that. So as I was attending the Stanford Bitcoin Meetup Groups, young startups like Zappo or BitGo or Coinbase or whoever would come and present at his meetup. And I just identified Danny as a node with a lot of talent given his PhD in computer science at Stanford and every question that I had that was technical, he could answer. And so one day I walk up to him and I said, hey, if you ever start a company, I'm writing a check. And that became the first company he mentioned. And I funded it along with some real OGs like Charlie Lee, Bobby Lee, Jed McCaleb, people like that. And then that turned into another funding for Blockseer. Both of those companies have been successful. And third time around, you know, I was like, Danny, let's do this one together. So I wrote a check and we put together Medigood.
WTOP 24 Hour News
Fresh update on "seven day" discussed on WTOP 24 Hour News
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Crypto Curious
A highlight from 97 - NFTs Are Dead - AGAIN, Amazon's AI Race Aids FTX Creditors and Immutable's Rise
"This is an Equity Baits Media podcast. ACAS powers the world's best podcasts. Here's a show that we recommend. Tell me about your mama's kitchen. That simple question opens up a flood of delicious memories and it's at the center of my new Audible original podcast called Your Mama's Kitchen. My mama's kitchen was chaos. This teeny tiny little room was where we did everything. We grew up there. We became teenagers, adults in that small space. I'm Michelle Norris. The kitchen is usually the heartbeat of our homes. It's the place where we're nourished physically and spiritually. Our loudest laughter is in the kitchen. But so too are some of our most vulnerable moments. Each week on Your Mama's Kitchen, I'll talk to guests, actors, authors, chefs, musicians and more about how the food and the culinary traditions of their youth shaped their lives in interesting and sometimes surprising ways. One of the big questions is, what is money? For practical purposes, it exists in a series of heterogeneous databases, very different databases. Do you believe in crypto digital currency? It may be an answer, but it is the highly respectable disaster. I'd go on a quick one. There is no second best. Welcome to the Crypto Curious podcast, proudly brought to you by the Bamboo app. Crypto Curious is your go to source for all things crypto currency, whether you're a seasoned pro or new to the world of crypto, we've got you covered. Each week we'll break down the top news stories of the past seven days, giving you the information you need to stay on top of the latest trends and developments. Plus we'll share quick bites of news and insights that you won't want to miss. If you're new to crypto, we recommend starting with our early episodes, we'll break down the basics and give you a solid foundation to understand the crypto world. Join us as we explore the ever evolving world of cryptocurrency and educate ourselves along the way. On today's episode, we'll discuss the supposed death of NFTs, how Amazon's race for AI affects FTX creditors. And we'll talk a little about the mover and the shaker this week, plus loads of short sharp news bites. So let's get on with it. My name is Tracy and I'm joined by my mates Blake and Craig as we catch up on the crypto news. Hey guys, how are you going? Very well, Trace. Good to be back. How are you? Yeah, very well. How are you going Craig? Very good. Thanks, Trace. I've just learned that tomorrow is 200 days until the halvening, which is very exciting. It is very exciting. Is it speeding up or is it just me? I don't know. It is speeding up. But have you guys noticed that it is popping up in a lot more fees and news at the moment? Like it's getting a little bit more traction now? I haven't noticed, but that wouldn't surprise me. I think until there's 100 days left. Oh, yeah. It's going to be good. There is a counter that you can get on Google, but I think there are a few more counters that pop up as we get a little bit more excited. So at the end of the year will be about 100 days. And I think that's when people will start to realize that the countdown is coming to an end. Exciting. Alrighty, let's jump into our first news story of the week and what was dominating headlines over the past seven days. There was some research put into the world recently, and like I said, it's made headlines in the crypto sphere, but filtered out into the normie news as well. I saw it covered in some mainstream news publications. It was on the project, Rolling Stones grabbed onto it as well, did a big story. And it was a big story because it had great headline pieces. 95 % of all NFT collections have zero value. NFTs are officially dead. These are some of the headlines that came. So NFTs have seen a bit of a boom and bust, especially over the last 12 to 18 months. The market has been flooded with a lack of buyers. But what has brought on this headline over the last week? It's a study that encompassed over 73 ,000 NFT collections and found a massive imbalance in the market and showed that 95 % of these collections had a zero value, Craig. That's right, Trace. The articles called it Debt NFTs, the Evolving Landscape of the NFT Market. It was by this group called DAP Gamble, which is a community of experts in the finance space. We'll chuck it in the show notes below. But I think looking back, as you just said, 73 ,000 NFTs, most of them were probably just art collections of apes, penguins, space aliens. Like we had peak euphoria. And I had me and my mates getting up at 6 a .m. for a Zoom call for mints on Solana. That doesn't scream peak euphoria. I don't know what does. But, you know, as it said, 95 % of these NFTs are worthless. But there seems to be a smaller pool of collections that people are still paying quite a bit of money for. Bored apes are still going for 24e. The nouns. The pudgy penguins are still going. Nouns, exactly. Yep. So this is a misleading figure, I feel. Well, of course, it's a misleading figure. You know, in the peak ball run, everyone's trying to figure it out. Every man and their dog was launching an NFT collection. I even had a mate that launched one. It was just peak hysteria, peak euphoria.
Evening News with Art Sanders
Fresh update on "seven day" discussed on Evening News with Art Sanders
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The Breakdown
A highlight from Huobi Changes Name to HTX and Almost Immediately Gets Hacked
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Tuesday, September 22nd, and today we are talking hacks, hacks, hacks. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Well, friends, today we start this show talking about Ben Armstrong, better known as BitBoy, who was arrested last night after he won, posted to his YouTube that he was going to confront a former business partner about the Lamborghini that he said was his, two, went to said person's door and rang the doorbell, three, did this with a gun and illegal narcotics in the back of his car, along with another business and affair partner to boot, and then four live streamed himself getting arrested. Just kidding. I'm not going to talk about that ever at all. In fact, I will only say this. The crypto space gets exactly the level of influencers it deserves. So perhaps as we think about where we want to be heading into the next bull market, we might want to choose who we listen to with just a hint more discernment. Now, what we're actually going to be talking about today is the plague of this bear market. Well, outside of Gensler, of course, and that is hacks. A wave of hacks impacted crypto firms starting over the weekend. On Friday, Nansen disclosed a security breach at a third party software vendor. The attacker was able to gain access to admin rights of a Nansen account in charge of facilitating client access to the platform. Nansen claims it, quote, managed to stop the unauthorized access shortly after learning about it and launched an immediate investigation. According to Nansen, wallet funds were unaffected. All affected users had email addresses exposed, while smaller user cohorts had password hashes accessed and wallet addresses revealed. Nansen urged all users to double check emails claiming to be coming from the company and be vigilant for phishing attempts. So that was Friday. Then on Saturday, OpenSea disclosed that one of its third party vendors, quote, experienced a security incident that may have exposed information. They warned that user API keys were compromised. The company noted that the incident was not expected to impact any programs which use an OpenSea API key, but that external parties using exposed keys could experience rate and usage limits. OpenSea plans on shutting down existing keys by next Monday and asked users to rotate their keys. A third exploit was disclosed early on Monday morning. Mixin Network, which is a nominally decentralized wallet service, said it lost $200 million in customer assets during an attack early on Saturday morning. Crypto developer Lawrence Day at Function Zero writes, Also, respectfully, how are you losing $200 million from a cloud breach? So this company Mixin was founded in 2017 and had nearly $400 million in protocol funds across 48 chains. The service allows users to send digital assets assigned to phone numbers and its biggest market appears to be Hong Kong. Now the firm said that it can guarantee the safety of around half of user assets, but that guarantee seems to be in the form of a corporate backstop rather than the product of successful threat mitigation. During a livestream on Monday addressing the attack, Mixin founder Feng Xiaodong said, No matter what your assets are, whether it's Bitcoin or Ethereum, we will ensure that half of it is unaffected. We're trying to find a way to recover the compromised money, but that is very difficult. For the other half of the assets, Mixin is considering offering what they are calling bond tokens for users to claim. The firm would later buy back the tokens, making them similar to other token -based recovery schemes seen in the past during events like the Bitfinex hack. A security firm called Slowmist is involved in the investigation and stated that the incident occurred when a cloud service provider database was attacked. Now if this feels like just the latest in a string of big hacks, that's because it is. In 2022, we had the record of $3 .1 billion in funds lost from hacks. And estimates this year include TRMLab saying that $400 million was stolen in Q1, Immunify saying that $700 million was lost in the first half of the year, and then just in Q3 we've had a 126 multi -chain hack in July, a $61 .7 million market -based protocol exploit of Curve Finance in July, $41 .3 million hacked from Stake .com in September, and another July hack of $37 million at CoinsPaid. So from estimates, it looks like this might be the largest hack of the year, roughly the same size as Euler in March. Still, even though it wasn't the biggest, the most high -profile hack of the weekend was disclosed on Monday as well, and that was from HTX. HTX, formerly known as Huobi, suffered the loss of 5 ,000 ETH worth around $8 million on Sunday evening. Justin Sun claimed in a Twitter thread that, quote, HTX has fully covered the losses incurred from the attack and has successfully resolved all related issues. Sun added that, quote, all user assets are SAFU and the platform is operating completely normally. Now, in addition to disclosing the loss, Sun downplayed the impact of the attack, stating that, quote, $8 million represents a relatively small sum in comparison to the $3 billion worth of assets held by our users. It also amounts to just two weeks of revenue for the HTX platform. Sun disclosed the wallet address of the hacker and added, We are willing to offer 5 % of the stolen amount, $400 ,000 USD, as a white hat reward to encourage the hacker to return the stolen funds. If the hacker returns the funds, we will also hire them as a security white hat advisor for HTX. However, they said, if the funds are not returned within seven days, we will transfer the information to law enforcement authorities for further action and to prosecute the hacker. In an on -chain message to the hacker, HTX claimed to have discovered their, quote, true identity. Now, according to Arkham Analytics, the attack affected an HTX hot wallet, which was created in March. Since then, the wallet has received $500 million in deposits from Binance, and on -chain analysts confirmed that funds have now been migrated to a new wallet. Now, there were a lot of comments relating to the name change of this exchange. Crypto Kaleo writes, Huobi changes its name to HTX and gets hacked for $8 million in the first month? Coincidence or tempting fate? Lawrence Day again said, I'm sorry, but renaming Huobi to HTX and then immediately losing millions of dollars is so effing funny that I might have a stroke. Even Binance's CZ said, A week after you rename your exchange after FTX... Jokes aside, our security team will help in tracking hacker funds in all cases where we can. Now, in addition to just the jokes about the HTX name, there are lots of questions floating around about Huobi solvency. To get a sense of some of those theories, go check out Adam Cochran's account. It's a little bit out of the scope of this particular episode, but it's obviously something that we're watching closely. Now it's unclear at this stage whether these attacks had any sort of links, but the small amount of detail available does show some common features. The first three hacks all blamed a third party service provider. While the provider was not named, Nansen did urge them to disclose the security breach. These attacks come just weeks after crypto custody firm Fortress Trust suffered a $15 million attack, which was also related to a security failure at a third party cloud provider called Retool. In that attack, an employee at the software provider was the victim of a phishing attack. The attacker used an AI -synthesized voice clone of an IT support worker to replicate the employee's credentials to access Retool's systems. In their write -up of that attack, Retool said that 27 customer accounts were compromised. All 27 were crypto companies. So the method of attack here, which uses a combination of social engineering and a bypassing of security measures, also bears a striking resemblance to the write -ups of the recent cyber attack on MGM and Caesars casinos. The casino's systems were hacked two weeks ago with customer and corporate data compromised. Postmortems of the attack claimed that hackers used a voice replication of IT workers to gain access. Identity management firm Okta confirmed that the casinos had been using their systems to credential employees. In an August blog post, Okta said that their customers were seeing, quote, consistent pattern of social engineering attacks against their IT service desk personnel, in which the caller's strategy was to convince service desk personnel to reset all multi -factor authentication factors enrolled by highly privileged users. The casino attacks were attributed to a threat actor known as Scattered Spider using malicious software developed by Alfie or Black Cat. Now if these attacks are all part of the same cybercrime spree, it could speak to a group of hackers going after high -value targets like crypto firms. The vulnerability seems hard to address as it involves security training for employees at third -party software providers. And one of the implications is, if these kind of attacks become a systemic threat to the industry, it could mean more crypto firms need to bring sensitive software in -house. That higher barrier to secure operations could make it more difficult for smaller startups to compete in the industry. Now of course for any of you who are listening to the AI breakdown, you'll also recognize that this is not going to be a problem that's unique to the crypto industry. The casino attacks speak to that as well, but the reality is that voice cloning technology is incredibly advanced and just getting more so all the time. Individuals and companies are going to need to develop entirely different modes of operation that recognize the fact that you simply can't trust a voice on the other line of a call anymore. Now when it comes to the impact of these hacks on the industry outside of just the ramifications for the people who lost money themselves, it's hard exactly to know what the real impact is. On the one hand, it certainly lends to a perception of immaturity overall, but at the same time, when it comes to the geopolitics and regulation of crypto, the hacks that are most important to keep an eye on are those that have some sort of geostrategic ramifications, particularly those emanating from the Lazarus Group in North Korea. Still, being this deep into a bear market and trying to match all -time records for hacks is not necessarily the place we want to be overall. The one other story that I wanted to cover on today's show is a bit of a dust -up around the Celsius restructuring. In short, the Celsius bankruptcy could be coming to a close after creditors have voted in favor of the current recovery plan. 98 % of creditors gave the thumbs up to a plan which would see the sale of assets to crypto consortium Fahrenheit Holdings. The acquiring group includes Errington Capital and miner US Bitcoin Corp. Fahrenheit plans to retain and operate mining equipment owned by Celsius under a new corporate structure. The new company also plans to stake Ethereum and monetize other Celsius assets. Some large creditors will receive equity in this new company. And in addition, another $2 billion in liquid crypto will be distributed to creditors. Overall, the plan is projected to provide a 76 -85 % recovery. Now one remaining snag in the plan is an objection from the SEC. The regulator filed its objection last Friday to express concerns with Coinbase's involvement in the process. Celsius receivers plan to use Coinbase as an intermediary to distribute crypto to creditors. The SEC claimed the agreement could require Coinbase to The SEC filing claimed that However, this court should not be asked to approve a deal where their material terms are missing or inconsistent. The regulator also appears concerned about an additional agreement with Coinbase, which Celsius have attempted to file under seal and have not yet disclosed. Coinbase's Chief Legal Officer Paul Grewal hit back at the SEC's objection in a Twitter post stating, Now, Wayne Vaughn had a very simple explanation, saying, And of course, this isn't the first time we've seen the SEC stand in the way of a bankruptcy distribution agreed to by creditors. In March, the SEC objected to Voyager using Binance US to distribute crypto to its creditors, which was of course months before the regulator had filed its lawsuit against Binance but still based their objections on claims that the exchange was an unregistered securities brokerage. A very unimpressed judge in the Voyager case called it This time around, of course, the SEC at least does have an ongoing lawsuit that they can point to regarding Coinbase's brokerage services, but the objection does still seem odd given that the regulator didn't seek an injunction to prevent Coinbase from operating as normal in the interim. The Celsius case will return to court next Thursday to hear the SEC's argument and see if the judge is inclined to allow the plan to go ahead. Now one interesting line of discussion are the implications for the spot ETF applications that are outstanding. Adam Cochrane writes, Now, speaking of ETFs, Bitwise filed an amendment to its spot Bitcoin ETF application on Monday, adding 40 pages of research on Bitcoin market structure. The research aimed to preempt arguments from the SEC, which could be used to reject the current batch of ETF applications. Bitwise claimed to show that Bitcoin futures are the primary market for price discovery with spot prices following futures. According to Bitwise, this would mean that the well -regulated CME futures market should be the primary consideration when looking for evidence of market manipulation. They argued that this trading venue should count as a regulated market of significant size for market surveillance purposes. As part of their argument, Bitwise also cited a previous study from 2019, which suggested that Bitcoin's spot market mainly consisted of fake volume, making the relative size of the regulated futures market much larger in comparison. Regarding the price impact of futures, Bitwise found in 2021 that futures markets accounted for between 52 .97 % and 68 .03 % of Bitcoin's price discovery. Now this isn't the first time Bitwise have dropped large amounts of Bitcoin research on the SEC to dispute their claims. They have produced at least two 100 -page -plus reports in support of previous Bitcoin ETF applications. Bitwise Chief Investment Officer Matt Hogan explained his firm's strategy in a Twitter thread stating, That's the happy case. The question is, what happens if the SEC appeals the court decision? In short, we return to the status quo. We're back to needing to prove that the CME Bitcoin futures market leads price discovery over the spot market such that it can serve as a regulated market of significant size for the purpose of surveillance. Unfortunately, existing filings do not include substantively new arguments or research addressing this question head on. Until now, today's amendment aims to address point by point each of the major objections the SEC has raised in prior disapprovals for spot Bitcoin ETFs. In particular, we try to clear up the significant confusion around the growing body of academic literature on price discovery in the Bitcoin market and demonstrate that every well -designed academic study supports the finding that the CME is significant. So friends, there you have it, a little bit of hacks, a little bit of the SEC objecting to something that seems reasonable from the outside. In other words, a quintessential 2023 crypto day. Appreciate you guys listening, as always. And until next time. Peace.
WTOP 24 Hour News
Fresh update on "seven day" discussed on WTOP 24 Hour News
"Dedicated to doing what it takes to keep a business growing Uline is dedicated to helping you make that happen working seven days a week staying fully stocked and ready to ship any of our 41 ,000 items the same day Uline your industrial supply specialists visit Uline .com when there's not enough coffee in all of washington to get you going you've got john and michelle on wtop news wtop at 324 sports coming right up a significant update for ford's f -150 pickup this is jeff gilbert with the core chronicles a they can also swing
Crypto Banter
A highlight from 5 BIGGEST Opportunities In Crypto THIS WEEK! (I'm Taking These Trades)
"In today's show we're going to talk about the five most interesting plays of the week, three of which I am actually taking. We have short setups, long setups in what is said to be a pretty interesting week for altcoin specifically and that's why I'm bringing to you my favorite setups of the week and also some of the most interesting coins that have altcoin specific catalysts. So if you do enjoy these watchlist shows every single Monday to prepare you for the week make sure to smash the like button and let me know in the comments below you do enjoy them and we will keep this going as a regular series. All right, kicking off with coin number one, we're going to be boring. We're going to talk about Bitcoin. Of course, it's not an altcoin, but it is in a pretty interesting zone right now, hovering above the key horizontal support level at the 25 -3 zone on the weekly. Bitcoin though, important to note, is still below the 200 MA on the weekly, which is typically a bearish indicator for Bitcoin. We know previous times that this level has acted as a major level of support and resistance. also So the 200 weekly moving average is super important and also the 200 moving average on the daily as well. So just keeping my eye on how Bitcoin reacts here, clearly 25k is that key level, but it doesn't look great for Bitcoin. Momentum in my opinion is still to the downside and the more we test that support the higher chance it does have of breaking, not being too bearish necessarily, but just urging you guys like a little bit of caution as long as we are below the 200 MA on the weekly. Let's get into the first altcoin of the video though in light of that, and that is Chainlink. So Chainlink is one that's actually performed really well this week in the lead up to their Smartcon. Their Smartcon 2023 is essentially a conference where developers and speakers all meet together and talk about the future of the industry, but specifically Chainlink. And we see there are many major speakers, the founder of Chainlink, we even have the former CEO of Google and multiple other major prominent figures across the crypto space speaking. So in the lead up to this, we've actually seen Chainlink perform really well from a price perspective. But in the graph in front of you, I do have the chart that outlines how Chainlink has performed in previous times leading into Smartcon and then leading out of Smartcon. And we can see in 2022, Chainlink actually peaked on the day of Smartcon and then gave up its gains in the following weeks. We can see in 2021, a similar thing happened. Two days before Smartcon, Chainlink peaked. And then after the conference, we saw a huge post -conference dump. Will the same pattern play out? Well, not necessarily, but I am convicted in the case leaning towards a dump post -Smartcon just given the price action that we've seen recently in line with previous data. So I'm convicted if I have to pick between longing and shorting Chainlink, but I think there is a decent short setup brewing here if it does push into the upper echelon of its range territory here on the weekly. And also, as you can see on the daily too, it's firmly within this range, actually approaching the mid -range zone. Maybe we get one last thrust into Smartcon because we know that the conference doesn't start until October 2nd. So that is still a week away. So I expect price performance probably to continue to the upside over the next few days. But then leading into the conference, if you are looking for a short, this may actually be a good one if those RSIs start to get into overheated territory just given what has happened in the past for Chainlink. So that is on my watch list, not as a long, but actually as a short, just playing the range here. We know if you take trades towards the extremity of the range, you're getting much better risk -reward. So the extremities being the upper echelon here near range high and the lower echelon here close to range low. These are your major levels that you want to take swing trades at considering since May 2022, more than a year Chainlink has been in this range. Very, very boring coin, pretty much a stable coin, but has provided great opportunities to those that have been able to long close to support and short close to resistance here. So maybe a setup starting to prime here on the short side if we continue to push upwards. Why wouldn't I long? Well, considering what's happened in previous conferences in line with the recent massive move that we've had, I think you may be longing into an area where it's going to be hard for Chainlink to push any higher. So that's that. All right, now we're going to have a bit of fun. Going to give away some money. So I'm making bold. Five users going to close my eyes actually to make sure I'm not accused of manually picking the users here. All right, I've just highlighted five people in bold. All of you guys are going to win $200. Bang, just like that. So every single person, this wallet here, this wallet here, this wallet here, here and here. If you are in bold, you are going to win $200. We're going to send it directly to your wallet. And that is because you provided liquidity on SmartX. So as you know, every single week, we are airdropping $200 to five random people that provide at least $50 worth of liquidity into SmartX across either Arbitrum, BNB, Base or Polygon. If you don't know what SmartX is, it's essentially an AMM -powered DEX, which is solving the problem of impermanent loss in crypto. A big problem to mitigate the negative effects of impermanent loss and also provide some pretty nice yield opportunities for people that are looking to earn yield on assets like Matic, like Arbitrum, like Ethereum, like BNB and all sorts of assets. USDC also, you compare with their native coin as well. So depending on what risk you want to assume, depending on which tokens you hold, you can stake it into the platform to earn some pretty nice APRs between 20 and up to 50 plus percent. And yeah, if you deposit minimum $50 liquidity and you enter your wallet address using the link in the description, you will enter the giveaway to be one of these lucky people that just won $200 on the show today. So link in the description. Good luck to everyone that is entering the competition for next week, where I will announce the next crop of five winners. And without further ado, let's get straight on with the show. The next coin I want to discuss is Arbitrum. Arbitrum is a really interesting one because they just announced their short -term initiative grant program, which is essentially a form of ecosystem stimulus. So we know when they did the airdrop, that was largely concentrated towards people that were using the Arbitrum chain, but actually now they are starting to help out the projects to incentivize them by essentially allocating some of their token supply towards the projects in the form of incentives grants. So what the projects can do is they can essentially bid for an airdrop. And if Arbitrum elects them via a DAO proposal, which is actually recently being completed, these projects will receive airdrops and then they can choose how they want to distribute those new tokens to their community. So I think that is a little bit of a catalyst to the Arbitrum ecosystem because we could see increased incentives across these platforms, which could obviously help attract some more TVL into the ecosystem. Next week, we also have Arbitrum Odyssey returning, which is also another initiative to get retail involved and you can earn rewards via that. As I said before, we've got this short -term incentive program launching with 50 million ARB, which is around $30 million being distributed to active Arbitrum protocols that apply for the grant. I think this will give the Arbitrum ecosystem a nice boost. I'm just looking at the chart here. Well, the chart looks ugly, but Arbitrum is at significantly discounted levels since it broke below this major dollar support region, which has been pretty strong support for Arbitrum since it first launched. So yes, technically Arbitrum doesn't look good price -wise, but I am maybe going to add a little bit to my bags this week. I have to decide whether I'm going to do that this week or whether I'm going to wait a couple of weeks. Nonetheless, I am definitely eyeing this as more of a spot trade, not a leverage trade because we're not at a key support level. My leverage trading scenario would probably kick in closer to this region if you do get like a confirmed reclamation. But until then, I'm definitely looking at the possibility of adding spot and that's why it makes my coins of the week, given it has a proprietary ecosystem catalyst, which comes in the form of the grants alongside heavily discounted prices heading into EIP 4844 later in the year. Another coin that's heading into EIP 44 being a layer 2 protocol is Optimism. But Optimism actually comes in as my short hedge of today's video. So you guys know in these watch lists, I don't just like to give long setups. I discussed Chainlink potentially being a short setup. Optimism as well, I think could potentially be a short hedge set up this week. What do I mean by short hedge? Well, a lot of you guys probably have relatively like long weighted portfolios, meaning like you're more long than you are net short. I mean myself, that's the case. And usually when I take longs in the market, that will put me in like a naked long position, meaning like I don't always like have a short hedge. But sometimes in markets that are looking kind of shaky, like right now when we get Bitcoin chopping and looking kind of weak, sometimes it's smart to have a hedge. So let's say you long three altcoins in a week. Sometimes it's good to pick like a specifically weak altcoin to hedge short against those other positions to get some sort of neutrality in case your trade goes wrong. Then you can kind of minimize the amount of risk you're taking. It's a strategy like all the top traders will use. And depending on your position size, you can even reach like Delta neutral territory with pair trades and all that sort of thing. But just to keep it really simple, I think Optimism has like a major unlock this week with over 3 % of the circulating supply hitting the market, $30 million worth of Optimism. The unlock event is in four days time. So this is a significantly big unlock for Optimism in what has been a pretty significant period for unlocks overall for the Optimism token. So in light of that, I mean, if you watch my video on token unlocks, search token unlocks, crypto banter, you should be able to watch that whole video. I explained what happens post major token unlocks. And typically what we see is despite peaks happening into unlocks, often the two weeks following the actual unlock date, we do see tokens tend to bleed and give up most of their gains. And if that plays out here on Optimism, then maybe we can expect like a rough couple of weeks from Optimism from a price perspective. So it's looking relatively weak. And if I look at the chart as well, we can see it put in its high here. It got rejected off this horizontal level at 1 .8 and it's made a lower high, another lower high, and looks to be rolling over again. If you start to clear these lows, then I think we could see further downside on Optimism. So those lows come in at the $1 .20 region. I'll just highlight them for you now. This level here, if you start to break below as we are now and you do confirm that breakdown, then Optimism could definitely be going lower. And for that reason, I would look at a short if we do get some sort of roll over here and a lower high start to firm up on the daily chart. But you could even look at it on the four hourly chart. Of course, you don't really want to take trades in the daily, use daily for your confluence, use one hourly, four hourly for your entries, depending on your timeframe. And yeah, Optimism definitely looking quite weak. So that is my short hedge of the week. So now let's get into a couple long scenarios because we've talked about two shorts. I've given you a long. Now let's talk about two more tokens that are more interested in longing that I am shorting. The first one is the OX token. Now for full disclosure, OpenX, the exchange, which is obviously powered by the OX token is an official show partner in today's video. I don't want you guys to get confused between the token and the partnership. I'm not paid to shield the token when I'm paid to promote the token. And I'm mentioning the token in a completely neutral light in today's video, just based on my personal thesis that has nothing to do with the partnership. Just want to make that very clear. The OX token though, the token itself, not the exchange, has, I mean, been significantly beaten down over the past few weeks. And this is because essentially a lot of users had locked up their OX tokens for three months after they bridged Flex, which was the coin Flex's exchange token over to the OpenX protocol and to stake OX tokens. And in light of that three months after they closed the bridge, you get a significant amount of unlocks because people are entering or coming out of their stake period. So when people come out of their stake period and they now have liquid OX, some people are going to choose to sell if they want to either take profits or just, you know, minimize risk on a maybe potentially oversized position that in tandem with users starting to receive their vested OX as part of the normal token distribution. We've kind of seen a lot of supply come onto the market over the last week. And this has resulted in a huge drawdown in the price from the 0 .7 region to the 0 .2 region. I mean, it's really been beaten down and I even took a loss on this cause I bought some OX and I staked it and I'm actually down on it. However, considering the staking ratio is still relatively high and there are a lot of people now going to be relocking for the long -term which reduces supply pressures. I do think that OX is starting to become a slightly more interesting look now at these heavily discounted prices if you do believe in the OpenX vision. And that vision is essentially, you know, of course, Carl Davies and Zhu Su but also betting on a protocol that's quite unique with its transparency features as well as the governance features of the platform which make it really unique for users like allowing you to, for example, stake OX and get its real -world assets in exchange for staking. So they do native airdrops. They've also been launching lots of tokens like really quickly. So they have this propensity to list tokens before any other exchange. So it's kind of like the degen exchange, I guess quite in tune with the market. And if you're betting on the redemption arc then OX does become an interesting bet. The volume on the exchange has been fairly strong $8 .5 billion trade volume since launch actually quite impressive. Average daily trade volume is around 100 mil on the seven day and or more than 100 mil on a seven day and 30 day timeframe. And actually 61 % of OX is staked and locked in the herd. So we are seeing some people after their unlock starting to actually relock OX tokens into the exchange. So look, you've got to make your own decision whether you wanna buy the token personally though not financial advice, but personally I will be adding some more to my bags and I'm gonna stake it as I staked a prior 10 ,000 OX might increase my position by let's say 30 % that would give me another 3000 OX. I'll probably go ahead and stake that. And that's my plan for the week but that's not financial advice. You don't have to do the same. And I wanna give full disclosure that OX is of course or OpenX not the OX token itself is a partner of the show. There's a link in the description to OpenX. If you do wanna check it out check out any information as well. And yeah, just thought I would mention that one because it's interesting getting a heavy discount if you do believe in the ecosystem, which I personally do. All right, let's get on to the next token. Another ecosystem I believe in and I believe in this one quite a lot. This is frack share. So I did a show last week. I think it was on real world assets and the potential. I mean, the sector is projected to grow by 26 X on the conservative side according to analysts at the Boston Consulting Group. On the more aggressive side of the spectrum they're anticipating 113 X in the real world asset sector by the year 2030. So that's seven years potentially looking at a 26 to 100 X. So this is a huge growth vertical and a massive adoption vertical for crypto really with tokenized assets coming on chain. And I'm always interested in protocols which are harnessing the potential of this. Now fracks isn't necessarily a real world asset specific protocol. They're doing a lot. They have their fracks land. They've got their fracks B3. They're launching fracks chain. They've got their stable coin. They've got a lot of stuff going on. They're essentially how I like to think of them as like a DeFi powerhouse. They're like the hand that controls DeFi, I guess. And is doing a bunch of stuff in multiple DeFi ecosystems. But if you're interested in real world asset exposure alongside a variety of other DeFi initiatives then I think fracks becomes a super interesting bet for a diversified portfolio. Now, the reason I'm talking about them in a watchlist video though, cause you know these Monday shows aren't just talking about long -term bets. Most of these are geared towards, you know the medium to short term type of trades is because fracks has its V3 actually completing its audit this week. So the fracks V3 audit means V3 is going to be on the horizon within the next few months. So that is an immediate catalyst for fracks as well as the fact that they could be getting an ARB grant because obviously their protocol is deployed across a variety of EVM chains, Arbitrum included meaning they could definitely get their hands on an Arbitrum grant, which would be another catalyst for the fracks protocol. So lots of stuff happening with the audit with the grant, with the new products that they're shipping fracks chain is also coming soon. So just lots to look forward to. And from a price action perspective it's been pretty resilient. Like we can see over the last 30 days it hasn't given up a lot of its gains. And even over the last 90 days, it has drawn down but it's only really dropped from, you know, 6 .8 to 5 .5 when a lot of other tokens have been smashed 30, 40, 50%. So yes, it's down, but it's not down as much as the rest of the market. And that tells me there's some sort of bid here for the fracks token at what is a discounted price versus a similar times last year. So fracks is an interesting one for me long -term mostly but in the short to medium term for me, this is a decent zone for me to add a little bit more fracks to my portfolio. And it's nice because it gives me DeFi exposure but it also gives me reward asset exposure. And it's a nice asset that I've just been DCA into over time. So that is a super interesting one. Let's just go through the market right now and actually look at Banta Bubbles and see if I can spot any that come to mind. Obviously I've given you a few trades in today's video but let's just see if there's anything else. Aptos actually does look interesting. It recently broke above some of the key horizontals that it was breaking down from over the past couple of months. So as a reversal trade, I definitely look into that. If I was a trader, I was even considering taking along today on it. I missed it unfortunately, but if we do get a pullback I might get into that one. So that's what I'm looking at. IMX not too interested in, let's just see on the weekly curve. Lots of stuff happening on curve but overall leans bearish with the amount of sell pressure in my opinion. FTT is a volatile one that if you're a trader you could definitely look at day trading. We know that there's lots of stuff happening with FTT given that the court case is currently underway and lots of the tokens now are changing hands and some are being sold. So it's quite interesting to see what actually happens here. We also saw some stuff happening with FTT and Binance as well. So those are kind of the coins from Banta Bubbles that I would keep my eye on. Another project to keep my eye on that's actually going to be launching soon is Serenity Shield. Now, Serenity Shield is a partner of the show that has a very interesting product launching soon. They're essentially launching a product which is referred to as the strongbox. Now, the strongbox is your ultimate security protocol for you to be able to store your assets in a decentralized, immutable and secure way. So if you want to store your assets but not have to worry about exploitation risk, not have to worry about ownership of keeping it on a centralized exchange, you can keep it in the strongbox protocol which is built purely for security to encrypt your data and encrypt your assets. But there are a couple really interesting features which they're introducing to make self -custody easier for the average user. One of them is the recover feature which enables users to have peace of mind knowing that their data is available using their recovery software without needing a hardware wallet which is available 24 -7. That's a good one because I don't know if you've ever been in this situation before but I have where I've lost a ledger and I can't find the seed phrase and I've been scrambling to redeem my assets. That's actually happened. I don't know if it's happened to you but if I had my assets in the strongbox that wouldn't have been an issue. The transfer function though I think is probably the most novel and maybe a kind of weird one to talk about since it's talking about inheritance which sometimes implies the death of yourself or potentially a family member but this does solve a massive problem in crypto and that's what happens if something happens to you. What happens to your tokens? What happens to your crypto? Are they easily accessible? Well in strongbox what you can do is you can put in a designated nominee and you can choose where your assets go if something were to happen to you to transfer your wealth down to your nominee. So it is quite interesting that they have this function inbuilt. It might be specifically attractive to adopt maybe the older generation that's actively thinking about this and they might hold bitcoin or ethereum but want those assurances and securities. They could leverage a protocol like strongbox that essentially enables them to have peace of mind over their assets and the transfer of those assets. So it's super interesting. You can see a little example of the platform in front of you. I will be using the platform on the show over the next few weeks to test it out for you but if you want to get involved right now they have a $50 ,000 search rewards pool. They recently had their token IDO, their sale to allow people to buy the token. If you want to get your hands on the token and you can do so via the airdrop all you need to do is click the link in the description and you can take part in the incentivized testnet for the strongbox dapp which is powered by the bnb chain. So all you need to do is essentially test out the application. You've got four days to do so using the link in the description and you could get an airdrop of some tokens. So not a bad one. If you just want to spend a few minutes of time there I will leave a link to this post which has a full tutorial and all the links needed in the description below and also in the comments as well to help you out. And yeah okay well that's pretty much the video. I got through it in a shorter amount of time. If you notice I'm speaking quickly it's because I want to get the info to you. We have the Bitcoin price which is currently leaning bearish but still at a major support but below the 200ma. You've got Chainlink which I'm looking at a short post conference. You've got Arbitrum which is interesting with its incentives grant. You have Optimism which I think is relatively bearish heading into a pretty significant token unlock. I just don't know if market conditions right now can absorb that amount of sell pressure. You've got Ox which I think is an interesting spot play considering a lot of the selling has now happened and we're looking forward to what hopefully is a slightly better period for the token with you know in the face of a lot of unlocks. You've got Frax Share launching their V3 and also their Frax Chain. This is one that I've been DCAing into and you've got the Serenity Shield airdrop as well. So that's the video. I'm going to see you in the next one which will be tomorrow. I really hope you enjoyed. I've actually been testing out a lot of training bots so I'm going to get back to testing out my training bots right now and I'm tweaking some strategies. That video will be coming very very soon. Very excited for that one but until then I'll see you later. Peace out.
WTOP 24 Hour News
Fresh "Seven Day" from WTOP 24 Hour News
"Up toward Quantico beginning your mile marker 146. You're eventually down the one single lane to the right through construction. the Rich Hunter WTOP traffic. Alright Rich Veronica Johnson she is 7 News First Alert Chief Meteorologist. Enjoy evening this because this time tomorrow we're going to be back to some emotionally cloudy to cloudy skies might and see a few spotty showers around the area. This evening our temperatures dropping from the lower 60s into the 50s will be about 50 to 58 degrees even by early tomorrow morning. Your Thursday sunshine to start clouds to end again chance of a spotty shower highs will be around 70 degrees and then on Friday with some isolated showers for the afternoon pockets of moderate rain for the morning highs in the lower 70s. I'm 7News Chief Meteorologist Veronica Johnson and the First Alert Weather Center. Tonight in Rockville 59 heading down to low the 50s overnight were brought to you by Len the plumber heating and air trusted same -day service seven days a week. Top story is coming right here on WTOP
The Eric Metaxas Show
A highlight from Jay Brock (Encore)
"Ladies and gentlemen, looking for something new and original, something unique and without equal, look no further. Here comes the one and only Eric Mataxas. Folks, welcome. I've spoken previously on this program to our friend Rabbi Jason Sobol, who has certain many books. The new one is called Signs and Secrets of the Messiah. And last time, Rabbi, you were telling us some of these amazing correlations between the Old and the New Testament and the Jewishness of the New Testament, which people should know, but sometimes they forget how profoundly the New Testament is a commentary on the Old Testament and points us back and how the Old Testament points us forward over and over. And last time you talked about the paralytic or the man who was unable to walk for 38 years. And you said that that relates to the Israelites wandering in the desert for 38 years, and you explained about how they had been prepared by God for two years, but then they wandered for 38 years. I just find that kind of stuff so fascinating. So I know the new book is called Signs and Secrets of the Messiah. What other things like that do you mention in Signs and Secrets of the Messiah? I mean, we get into so many miracles and, you know, God is in the details, right? So if there's a detail in the Bible, it's there for a reason. So, you know, again, the first miracle we talked about last time I was with you is the first miracle we talked about in Signs and Secrets, which is the water into wine. Well, there's a detail there. It says that he said fill six stone pots to the brim. Well, the question is, if it says six stone pots, what's the significance that there's six stone pots? Why not seven? Why not eight? Well, some of the significance there is that we have to understand there's a lot. Man was created on the sixth day. In Jewish thought, we fell on the sixth day. When Jesus comes and he gives his life for us on the cross, OK, he dies on Friday, which is the sixth day of the week. He dies on a cross. Why? Because the first man and woman stole from the tree. So God puts Jesus, who Paul calls the second Adam, back on the tree for you and me with the crown of thorns on his head. Why? What's the sign of the curse of creation? The ground produced thorns and thistle. He takes the curse on his head to break it and restore the blessing. And so when Jesus dies on the same day man was created and fell and he does his first miracle with six stone pots, he's saying, I am restoring the fruitfulness that was lost at creation. And I don't want you to any more live out of the lack, but to live out of the overflow. And by the way, the number six in Hebrew is written with the letter Bob. It's the conjunction and it's a letter that connects heaven and earth. When we sin, we broke the connection. Jesus comes back to restore it, that we might experience his blessing. That is some heavy stuff that is absolutely amazing. Say that again about the letter when you write the number six in Hebrew, talk about that again, because I want to make sure I catch that. Yeah, absolutely. So Hebrew is alphanumeric. So there's no Roman numerals in the Bible. Both Hebrew and Greek have an alphanumeric component, meaning that if I say open up the chapter one in your Bible, I'll say open up to chapter Aleph, because it's the first letter of the Hebrew alphabet has a numerical value of one. The sixth letter of the Hebrew alphabet is the Hebrew letter of love. It's the most used letter in the five books of Moses, and it's the conjunction. And the first place the letter of love occurs in the Bible is in the first verse of the Bible, Genesis one, one. And in Hebrew, there are seven words in Genesis one, one corresponding to the seven days of creation. The sixth word of Genesis one begins with the sixth letter. God created the heavens. That's the fifth. And that's the sixth. And Earth is seven. When we sin, we broke the vow, the letter, the number six, the letter Bob that connects heaven and earth. When Jesus dies on Friday and does the miracle with the six stones pots, he's restoring the connection and the blessing that was lost in the beginning.
WTOP 24 Hour News
Fresh "Seven Day" from WTOP 24 Hour News
"Twenty percent on select caviar with Prime through October 3rd supplies while last. Shop in store or online terms apply. Dave DelDine WTLP traffic. Alright let's on head over to 7news first alert meteorologist Steve there right now in temperatures upper 60s and lower 70s across the metro area. Mix of sun and clouds for the remainder of the afternoon moving into the evening hours we'll see our skies partly cloudy temperatures will fall into the 50s and will be the same come early tomorrow morning now tomorrow mostly cloudy skies especially during the midday and afternoon hours we'll see isolated showers very widely isolated many neighborhoods won't see anything at all we're near 70 degrees widespread for the afternoon on Friday in terms of the shower activity and some of the showers may linger into early Saturday high Saturday in the lower 70s middle 70s with more sunshine Saturday afternoon and we're near 80 by Sunday something to look forward to 63 degrees in Winchester 70 in Leesburg and 71 degrees in Brookland all right Steve it's brought to you by Len the plumber heating and air trusted same -day service seven days a week coming up here on WTOP a plan in DC for affordable housing could be in jeopardy all because a of clerical
Bankless
A highlight from 189 - Taking Treasury Bills Onchain with Martin Carrica
"If you look at like last seven days Ethereum versus run rate for Circle, it's the same amount of money. Huh, is the equivalent to Circle? Exactly, exactly. Holy shit, Circle is printing money. Every time you pay gas, like that amount of gas, that's the same amount of money that Circle is making. Tether is three times that. Tether alone is making more money than the whole rest of the crypto ecosystem outside centralized exchanges. Oh, that's your margin. Your margin is my opportunity, is that what you're saying, Martin? Exactly. Welcome to Bankless, where we explore the frontier of internet money and internet finance. This is how to get started, how to get better, and how to front -run the opportunity. This is Ryan John Adams, and I'm here with David Hoffman, and we're here to help you become more bankless. This is certainly a money opportunity to front -run. On -chain T -bills is the topic today. The overnight Fed funds rate is 5 .3 % right now, and that's some pretty good yield. But how much are you getting in your bank account? Probably not very much of that. How much are you getting from your stablecoin is maybe a better question for crypto natives. And if it's an instrument like USDC in your Ethereum address, the answer is probably nothing. You're not getting any of that yield. But what if we could tokenize treasuries instead of just dollars? What if we could create a USDT, and the T is for treasury. And that tokenized treasury yielded 5 % just for holding in your ETH address. That is the promise of tokenized T -bills, and it's gearing up to be a major theme over the next 12 months. I think another force for democratization worldwide. We have Martin Karika here. He's the founder of a tokenized T -bill company, and he's here to get us up to speed. A few takeaways for you on the episode today. Number one, why don't we already have tokenized treasuries? Why doesn't that product already exist? Number two, we talk about why on -chain treasuries are a force for democratization worldwide, especially in emerging countries. Number three, we talk about why the US government actually wants this, even though they may not admit it. Number four, in this weird paradox, we talk about why US citizens will probably have a hard time getting tokenized T -bills as well. David, you're laughing right now because, man, it is hard being a US citizen in crypto these days, isn't it? Yeah, really. The irony of US citizens being the people that are going to be the hardest population to be able to access the yield from their own government's money printing. And in fact, no, we're going to just export it straight to the foreign countries of the world. Bankless listeners, you'll just have to listen to the episode to understand, understand the punchline there. But Martin, not the guests on the show, does a really good job laying it out for us. I think Ryan presented this as the promise of tokenized T -bills, tokenized treasuries, on -chain T -bills, whatever you want to call these things. Also, I'll add that there's an economic weight here. It's kind of destiny. You know, like maybe we don't get there for some reason that I can't understand, but incentives will produce this outcome. Eventually, stablecoins will be replaced by tokenized treasuries. It's kind of the same if you accept that eventually all vanilla ETH will be replaced by some liquid staking token alternative. Eventually, like why would you just hold vanilla ETH and Aave when you can do our ETH and Aave instead? If you accept that, then it's kind of the same thing. Eventually, all vanilla stablecoins will just be replaced by tokenized treasuries and you will get the yield natively. There's a gravitational pull, right? It's like water goes downhill and liquidity finds a way and a yield will find its way in a tokenized form on -chain. So there's been just growing demand and interest about this topic of on -chain treasuries and real -world assets. So Bankless listeners, you can consider this the first of a few steps into the world of real -world assets on -chain that we want to explore here on Bankless, starting with tokenized treasuries. Yeah. I'm looking forward to discussing this with you. A lot of interesting implications here. And David and I are going to discuss that in the debrief. Of course, if you're a Bankless citizen, you already have access to that on the Bankless Premium feed. So go check that out right now. Ad -free. Bankless Premium feed. Ad -free. It's a beautiful thing. But before we get into this episode, first we disclose and the disclosures are there's nothing really to disclose here. Of course, we hold crypto assets. Didn't even talk about ETH. No, we didn't. Crypto assets that we do hold stand to benefit from tokenized T -bill transactions. But of course, you know that. And we are long -term investors. We're not journalists. We don't do paid content. There's always a link to all Bankless disclosures in the show notes. You can access that at bankless .com slash disclosures. All right, we're going to get right to the conversation with Martin on tokenized T -bills. But before we do, we want to thank the sponsors that made this episode possible, including our number one recommended crypto exchange for 2023, Kraken. Go create an account. Kraken Pro has easily become the best crypto trading platform in the industry. The place I use to check the charts and the crypto prices, even when I'm not looking to place a trade. On Kraken Pro, you'll have access to advanced charting tools, real -time market data, and fast trade execution, all inside their spiffy new modular interface. Kraken's new customizable modular layout lets you tailor your trading experience to suit your needs. Pick and choose your favorite modules and place them anywhere you want in your screen. With Kraken Pro, you have that power. Whether you are a seasoned pro or just starting out, join thousands of traders who trust Kraken Pro for their crypto trading needs. Visit pro .kraken .com to get started today. Metamask Portfolio is your one -stop shop to manage your crypto assets and to tap into DeFi all in one place. And the most important part of that experience? Buying crypto, obviously. Metamask Portfolio's buy feature enables you to purchase crypto easily without going through centralized exchanges. Designed with you in mind, you can fund your wallet directly in just a few clicks with convenience and simplicity. What happens when you press the buy button? Rather than being limited to a single payment provider, Metamask brings together a bunch of vetted trustworthy providers to present you with customized quotes for your crypto purchase. Once you've funded your wallet, you'll be able to plug into DeFi with all the money like swapping, bridging, and staking. But first things first, you need skin in the game. Head over to metamask .io slash portfolio to buy crypto the easy way.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1410: Bitcoin Will Hit $10,000,000 Per Coin - Binance CEO CZ
"In today's show, I'll be breaking down the latest technical analysis. And also I'm going to be sharing with you a 48 ,700 Bitcoin price target, pre halving according to a top analyst. Also did you know it was exactly six years ago today, China tried and failed to ban Bitcoin for the second time and ever since the Bitcoin price action is up 600 % and the mining hash rate is back at all time highs. Also quitting Max Kaiser, Bukele has restored the human rights to 7 million Salvadorians that have been taken away by murderous runts, the British and American state, a 93 % approval rating tells the story of the most popular leader in the world. And now Bukele -nomics is being copied around the world as a blueprint for freedom and justice preach. Also in today's show, Mt. Gox repayments delayed yet again. Creditors are waiting on Bitcoin, Bitcoin cash and Yen payments until next year in 2024. We'll also be discussing, according to this latest report, Coinbase currently holds 5 % of the entire Bitcoin supply in existence. That's right. While Coinbase holds 25 billion in BTC, the exchange only owns around 200 million in Bitcoin and its wallets. We'll also be discussing the catalyst, which will catapult the Bitcoin price action. According to skybridge capitals, Anthony Scaramucci will also be discussing the latest with the Binance CEO CZ setting the record straight on $250 million loan claims. That's right. The US court had recently denied an inspection plea by the SEC. I'll be breaking down this latest FUD and speaking of CZ, the Binance CEO predicts the Bitcoin price will reach $10 million per coin. In fact, a couple of years back in an interview, he said, if all of the major institutions allocate 1 % Bitcoin, we're going to see 1000 X or more growth of the Bitcoin price. And if you run the math, 1000 times today's price action is 26 to $27 million per BTC. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo what's good crypto fam. This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at crypto news alerts .net. Again, that's crypto news alerts .net and welcome everyone just joining us. This is podcast episode number 1410. I'm your host JV and today is September 23rd, 2023. So welcome to another sat stacking Saturday. Let's kick it off with our market watch as we do here each and every day, seven days a week. We can see Bitcoin back in the green trading above 26 .6 and we also have ether back in the green trading at roughly $1 ,600. The market cap is sitting at 1 .06 trillion with roughly 17 billion in volume. In the past 24 hours, we've got Bitcoin dominance at 49 .1 % and the ether dominance at 18 .2 % as Bitcoin continues outpacing Ethereum and checking out the top 100 crypto gainers of the past 24 hours, we've got theta lead in the pack up 7 % trading just under 64 cents followed by rocket pool up 4 % trading at $21 .63, followed by chain link up 4 % trading at $7 .18 and checking out the top 100 crypto gainers of the past week, we have WeMix leading this pack up 15%. We have PLS up 8 .2 % and XRD up 11, I mean 7 .4 % and checking out the crypto greed and fear index, we're currently rated a 47, which is neutral. Yesterday was a 43 in fear, last week also a 43 and last month a 41 in fear. So there you have it. How many of you have been stacking M -Sats and taking advantage of the recent dip in dollar cost averaging? Let me know. And how many of you are anticipating Bitcoin price action to maybe dip a little further south before packing some new positions? Let me know how you feel with the current status. And also just quick reminder, we're almost at the end of September historically, September is the worst month out of the entire year for the Bitcoin price action, but it's always followed by up tober, which is historically one of the most bullish months for Bitcoin. So we only have another week until we get out of September. So we'll see how this is likely to play out. Let's break down today's Bitcoin technical analysis. Bitcoin failed to reclaim 27 ,000, though we came close. It stalled at 26 ,500 as of right now. Meanwhile, the altcoins are in no better shape with minor losses coming from most of the larger cap ones. With Chainlink, the only one with a notable price increase. So last week was expectedly less volatile, aside from the brief spike on Saturday that pushed Bitcoin then to the multi -day peak of 26 ,400. But after failing to continue upwards, Bitcoin retraced at 26 ,000 and spent the rest of the weekend there. Then Monday didn't start all that positively either, but finished the way. Bitcoin went on the offensive and soared above 27 ,000 for the first time in weeks, but then shortly dumped after. But the bulls kept the pressure on and pushed Bitcoin to a new 20 -day peak at 27 ,500 on Tuesday. The next few days were rather calm with Bitcoin maintaining 27 G's, even after the US Fed's decision to stop raising the interest rates. Yet Bitcoin's momentum disappeared by Friday as it fell to 26 ,400. It even tried to bounce off the end of the day, but failed and currently stands at 26 ,500. Its market cap is south of 520 billion, while its dominance over the alts still just inches shy of 49%. So there you have it. And as we mentioned a little earlier, the altcoins, a lot of them are also in the red with the exception of Chainlink, which seems to be outpacing the rest of the major alts. Now for a prediction from Titan of Crypto, here's what he shared on X. Bitcoin 48 ,700 before the halving rocket ship to the moon. You might want to bookmark this one. Fam, never in history the halving occurred without Bitcoin reaching the 78 .6 % Fibonacci retracement level. So first off, first cycle price reached this four months before the halving, and the second cycle it was two months before, and then on the third cycle it was 12 months before. The next halving is now roughly six months away. Bitcoin might reach the 78 .6 % Fibonacci level within this period as it currently lies at 48 ,700, but the million dollar question remains, will this time be different? So as we enter this fourth halving, let me know where you feel the Bitcoin price action is likely to hit before we have liftoff. I mean, obviously that would be a bullish scenario setting us up for a perfect price discovery in 2024 post halving. So I cannot wait. I hope the analyst is right. And if you didn't know, it was exactly six years ago. China tried and failed to ban Bitcoin for the second time because guess what? You can't ban Bitcoin. You can try. Good luck with that. And ever since the price action on the King Crypto is up 600 % and the mining hash rate continues to hit all time highs. And as you know, hash rate is a good indicator for the strength of the network, meaning the market cap is just north of only $500 billion. And as Max points out here, referring to Bukele, he has restored the human rights of 7 million Salvadorans that have been taken away by murderous runts. The British and American state, a 93 % approval rating tells the story, the most popular leader in the world. And now Bukele Nomics is being copied around the world as a blueprint for freedom and justice. Massive shout out to Najib Bukele and the people of El Salvador. Which country do you feel is likely to adopt Bitcoin as a legal tender next? Let me know your honest thoughts in the comments below. I feel it's going to be another Latin American country. I'd say a great candidate for that is Argentina, which has hundreds of millions of people. We have Javier Malay, the pro presidential candidate. There is a 70 % chance plus that he is elected as the president. And we already know the likelihood he could make Bitcoin a legal tender, especially being orange -pilled by Max Keiser, who is the senior Bitcoin advisor for President Bukele. As Max has already announced, he can't wait to touch down in Buenos Aires to orange pill Javier Malay. Then we also have Mexico. We have people like Ricardo Salinas, the third richest man in Mexico, very pro Bitcoin, claiming Bitcoin has been his best investment ever because, again, Max orange -pilled him back in 2014. Then we have Brazil and so many other countries that make Bitcoin a potential to become legal tender. And we all know that's going to be a game changer. And that's just another catalyst on top of the Bitcoin halving scheduled in six months in 2024, plus the approval of a spot Bitcoin ETF in the United States. So can you say fireworks lays ahead? Let's go. Now let's discuss the latest more bullish news, meaning Mt. Gox is going to be delaying these payments, which means no crypto is going to be dumped onto the open market anytime soon, which again is good for the hodlers. Check it out. Now we got Nobuaki, the Mt. Gox trustee in charge of the funds owed to the exchange creditors, updated the public on September 21st, two days ago, according to the trustee, because of the lengthy discussions with specific payment providers, he could not make the October 31st deadline. That was the initial deadline, fam. And because of this reason, the repayments will start next year. And so they say, quitting him here. Therefore, with the permission of the Tokyo district court, the rehabilitation trustee changed the deadline of the base repayment, the early lump sum repayment and the intermediate repayment from October 31st, 2023 Japan time to October 31st, 2024 Japan time, respectively. By the letter of the Kobashi details, the Mt. Gox creditors waited nine years for payments. Good Lord. Currently, they're owed one hundred and forty one thousand six hundred and eighty six BTC plus one hundred and forty two thousand eight hundred and forty six Bitcoin cash and sixty nine is that billion yen. Good Lord. I'd love to know what that equates to in dollars anyways, though the delay has been extended. The creditors who have completed their claims might receive the payment by year's end, quoting them again. Rehabilitation creditors who have provided the necessary info to the rehabilitation trustee will see the payments made in a sequence as early as the end of this year, according to the letter. However, this schedule could change. Kobashi also said that due to the high volume of inquiries regarding the process, the rehabilitation team might not respond promptly. Well, that doesn't sound so promising, but I guess it's a good sign that most of this cash is not going to be dumped off any time soon, as there's a lot of FUD that's always circulating. The Mt. Gox, you know, sell off is going to crash the entire market. I think that is very unlikely and is nothing more than FUD. And again, we're gearing up for the most bullish sentiment in the four year cyclical cycle amongst us in twenty twenty four. So versus being in fear, I would be very optimistic about what's to come for the king crypto and the crypto market as a whole. But what are your thoughts, fam? Let me know in the comments right down below. Now let's discuss the largest crypto exchange in the United States. Clearly, it is Coinbase. The CEO is Brian Armstrong. But did you know, according to this latest report, they currently control and own over five percent of the Bitcoin in circulation. That's pretty hefty. And let's break this one down. And how many of you have used the Coinbase crypto exchange before? Let me know in the comments below. Here we go. Blockchain intelligence platform ARKAM recently identified the crypto exchange Coinbase holds almost one million Bitcoin in its wallets like, whoa, the coins are worth more than twenty five billion dollars at the current prices. Now, according to ARKAM, the exchanges holdings amount to almost five percent of all the existing Bitcoin. ARKAM said Coinbase holds a total of nine hundred forty seven thousand seven hundred and fifty five BTC. And at the moment, Bitcoin circulating supply is around nineteen million four hundred ninety three thousand five hundred thirty seven, according to coin info on CoinGecko. And as ARKAM shared here on X, ARKAM now identified twenty five billion of Bitcoin's Coinbase reserves with one million, approximately Bitcoin on chain. This makes Coinbase the largest Bitcoin entity in the world on ARKAM, with almost five percent of all the Bitcoin in existence, almost as much as Satoshi Nakamoto. Crazy, right? Furthermore, ARKAM noted that it has tagged and identified thirty six million Bitcoin deposits and holding addresses used by the exchange. And according to ARKAM, Coinbase's largest cold wallet holds around ten thousand BTC. And based on the exchanges financial reports, the intelligence company believes that Coinbase has more Bitcoin than are yet labeled and could not be identified. And while Coinbase holds over twenty five billion worth of Bitcoin in its wallets, the exchange only owns around ten thousand of all the Bitcoin in which it holds, which is roughly two hundred million dollars, according to the recent data. Meanwhile, community members express varying reactions to the news about the amount of Bitcoin on the centralized exchange in which they hold. Some believe it's a sign to withdraw their Bitcoin from the exchanges, warning hodlers not to wait until the exchanges start to halt withdrawals. Others say that since there are legitimate concerns over cold wallets, there is no good way to store your assets. I'd like to chime in real quick. Obviously, if it's not your keys, it's not your coins. So while a custodian such as Coinbase can hold your crypto, you've got to also note that it's not yours. So if something were to happen, hypothetically, like we've seen with FTX and the collapse last year, then not your keys, not your coins, they don't belong to you at the end of the day. So you've got to start to weigh the risk reward with having a custodian such as Coinbase or a centralized exchange hold your coins versus taking the responsibility for yourself and learning how to self custody your own crypto and call storage such as with a Bitcoin cold wallet, such as a treasure. So I just wanted to point that out. There's no right or wrong way to hold your crypto. You've got to do what's in your best interest, of course. So, you know, I mean, just want to keep it real at the end of the day. So check it when it comes to Bitcoin ownership by companies, business intelligence for MicroStrategy still owns most Bitcoin. I believe it's over one hundred and fifty two thousand eight hundred BTC, to be exact, worth over four billion dollars at the time of this recording, making them the largest publicly traded company to have Bitcoin on their balance sheet. Now, another major company that controls over six hundred thousand BTC is Grayscale in their GBTC product, the Grayscale Bitcoin Trust, which they just recently had a lawsuit against the SEC with the plan to convert their trust into a spot Bitcoin ETF. So considering they already control the underlying asset in the sum of over six hundred thousand BTC makes them a pretty strong contender. Wouldn't you agree? Let me know your thoughts, fam. And now let's break down our next story of the day and discuss the Bitcoin price likely to catapult along with the altcoin to coin to SkyBridge Capital, Anthony Scaramucci. Let's break this down. Shout out to the Mooch, SkyBridge Capital founder Scaramucci is detailing how one catalyst could have a bullish impact on Bitcoin, as well as the alt. In an interview with the Wolf of Wall Street, Scott Melker Scaramucci says that a spot Bitcoin ETF could be approved in the first quarter of twenty twenty four, which seems to be a ninety five percent likelihood, according to top ETF analyst at Bloomberg, Eric Balchunes. So according to SkyBridge Capital founder, the approval of the spot Bitcoin ETF and the Bitcoin halving, which is expected to occur in April of twenty twenty four, could combine to ignite a crypto bull market. No, it's not. It could combine. It will combine. Just saying. Quitting him here as Wall Street or products on Wall Street are sold, they are not bought. And so there is going to be tens of thousands, if not one hundred thousand plus people at these Wall Street firms selling these products to their traditional investors. So people that are in Bitcoin understand the finite supply of Bitcoin, right? We all know there's a finite limited supply, 21 million, and they understand the nature and the quality the Bitcoin has. This will push Bitcoin up. Of course, it will have a dramatically positive effect on the altcoin market because it will lead to more capital into digital properties so people can think whatever they want. They can think short term about the near term volatility of Bitcoin. But these macro positive factors are overwhelming. And according to Scaramucci, the potential approval of a spot Bitcoin ETF filed by giant asset managers such as BlackRock, who controls over 10 trillion in assets under management and Fidelity, that controls over four and a half trillion in assets under management, can see Bitcoin increasing its market cap by roughly 24 times from the current level. We'll send it. Let's go quoting the Mooch here. It is important that now the largest asset manager in the world who started out with some level of skepticism related to digital assets and Bitcoin is now willing to adopt Bitcoin. I mean, I guess they mean BlackRock is willing to adopt Bitcoin, but even more important than that, they're willing to explain to their clients. I think BlackRock now has 13 trillion dollars in assets under management. So for them, seven trillion for Fidelity. While these numbers are higher than I even imagine, while their clients need exposure to digital property like Bitcoin. And so we have a five hundred billion dollar plus market for Bitcoin. So you and I know gold is at 12 trillion ish, depending on where it's trading. But yes, 12 trillion. There is no reason why Bitcoin couldn't get gold. So there you have it. And to watch this video interview he did with Scott Melker entitled 37000 Bitcoin. Can it skyrocket 35 percent? Check the show notes below the video in the description. And I think we all could agree it's only a matter of time before Bitcoin returns to price discovery mode, virtually meaning entering new all time highs. My personal prediction is sometime in 2024, considering the two biggest catalysts, which we just covered, the Bitcoin halving and Bitcoin ETF approval, which we know is going to be a given, especially considering the SEC is not going to be able to push it back and push back that deadline any longer because, you know, they just they have been pushing it back now for 10 years while they continue to approve futures ETFs, which can allow them to spoof and manipulate the market, which is all by design. At the end of the day, there's not new under the sun and three things cannot be long hidden. The sun, the moon and the truth. But just saying. Anyways, fam, now let's discuss the ongoing fight against CZ, the finance CEO with this 250 million dollar loan. And then I'll be breaking down his 10 million dollar price prediction and in fact sharing a transcription of him claiming that Bitcoin can thousand X from the current price, which would ultimately mean not 10 million, but we're talking twenty six to twenty seven million dollars per coin. Let's break this down. So here we go. First, with the FUD, the Binance CEO, CZ Shangping Zhao had refuted a recent report alleging that he received the 250 million dollar loan from BAM Management, the company that serves as the holding entity for Binance US. Now, how many of you have used Binance US or Binance before as the exchange? Let me know, fam. The development comes amidst Binance's struggles with plunging trading volume as the world's largest crypto exchange faces mounting lawsuits and increased scrutiny, regulatory which seems to all be by design by the SEC and the regulators. Right. The report published by Decrypt September 19th drew its conclusions from court documents associated with the ongoing lawsuit involving Binance and the United States. SEC, according to the news agency's interpretation, the Binance US legal representatives asserted in the documents that BAM Management US Holdings had issued a quarter billion dollar convertible note to CZ back in December. CZ, however, challenged the accuracy of the report when he tweeted the following. The amount of wrong information is just they got the direction wrong. I loaned 250 million dollars to BAM a while back, not the other way around, and have not taken it back. The Binance CEO clarified that the loan arrangement was, in fact, the opposite of what was reported in the post. The exec explained that he had extended a 250 million dollar loan to BAM Management and asserted that he had not yet received the payment. So there's nothing new under the sun. Just more FUD, it seems like, fam. The legal battle has taken a toll on Binance US, which saw a flurry of employee departures. The US SEC alleged that Binance was not cooperating in the ongoing probe and even claimed that BAM refused to make essential witnesses available for deposition. Concerns were also raised on CEFFU, which happens to be a custody service offered by Binance's international arm, Binance Holdings Ltd. The SEC's filing claimed that the platform appeared to be in violation of a previous agreement designed to prevent the transfer of the assets abroad. And despite the scathing attacks by the financial regulator, Binance scored a small win this week. The SEC's motion to approve an inspection into Binance US was denied by the USDC District Judge, Zia Farokhia. So there you have it. I mean, the ongoing FUD will more than likely continue, as obviously Binance is the largest crypto exchange in the world and regulators seem to have a problem with them and want to go after them for whatever apparent reason. So, like I said, hopefully in the end, you know, truth is revealed and the real story versus all the FUD and, you know, the manipulation of the price action and all the shenanigans we continue to witness in the market. And with that being shared, now let's dive into the Binance CEO, CZ and his 10 million dollar price prediction, as well as him predicting that Bitcoin price action could even a thousand X from here, sending the Bitcoin price parabolic to 26 or even 27 million dollars per coin. Let's break this baby down, shall we? Here we go. JV, have you ever heard of him? A crypto YouTube influencer from Crypto News Alerts remembered CZ's prediction. You're damn right I did. The Bitcoin would reach 10 million per coin. JV referred to the statement in a recent video uploaded on YouTube where he analyzes various aspects of the Bitcoin market development. Now, JV looked back at CZ's Bitcoin prediction while analyzing the Bitcoin CEO's recent Twitter comments. And in a Q &A session on July 5th, CZ addressed several issues, including Binance's reaction to the ongoing regulatory scrutiny. He also spoke about the rising interest of institutional investors in crypto currencies, as well as the proposed BlackRock spot Bitcoin ETF. CZ made the 10 million dollar price prediction back in 2021. In fact, I have the article already pulled up and I'm going to be reading word for word what he shared. Following MicroStrategy's announcement, allocating Bitcoin for the corporate strategy, CZ based his analysis on the possibility of several corporate companies, major institutions across the world, allocating just one percent of their corporate treasury into Bitcoin. And according to CZ, that would lead to a thousand X growth in the value of BTC. JV highlighted CZ's welcoming approach to institutional investors in the Bitcoin ecosystem, and CZ noted that advantages in traditional finance firms they bring to the crypto industry, despite concerns about their intentions clashing with Bitcoin's decentralized nature. And according to JV, CZ identified two key factors driving Binance's strategy for the next 18 months. They include the upcoming Bitcoin halving event now less than six months out, as well as, you know, we could be seeing a Bitcoin ETF here in the near future. The Bitcoin community expects the next halving to occur in April of 2024. Now quoting CZ word for word from the initial interview he made on Bloomberg Radio predicting a potential 1000 X increase in the Bitcoin price action. So here's what he had to say. Right now, I think only 11 companies again, this is right around the time that MicroStrategy announced putting Bitcoin on its balance sheet. They announced having allocating some talking about Bitcoin, like usually less than one percent of their corporate treasury to Bitcoin. And we think that it is most likely what caused the initial price rise. I think MicroStrategy's Michael Saylor started it first, but there are six hundred and fifty thousand companies in the world, like relatively established companies in the world, and their treasury is huge. Preach. So if all of them talking about these major institutions only allocated just one percent to Bitcoin, we are going to see, I don't know, 1000 X more growth in the Bitcoin price. And if they allocate more than one percent, then it's going to be even bigger. So I think people don't quite get the magnitude of the wave that is about to hit us. Now, let's run that math one more time. Fam, today's price is roughly twenty six thousand five hundred times that by one thousand. He's talking about a twenty six and a half million dollar Bitcoin price action. The potential if they only put one percent of their strategic reserves into Bitcoin, you do the math. If it's five X and five percent, what are we talking? One hundred and twenty million dollar Bitcoin price. Just saying this is coming from CZ, the world's richest man in crypto. So very powerful words indeed. Let's get back to this prediction of what he shared. So the finance CEO estimates that the flagship crypto can go up anywhere from nineteen hundred percent to twenty thousand percent from the current price levels from the time he made the prediction. And he goes on to share with price predictions. It is really, really difficult. I think it can go to, I don't know, one million dollars, ten million dollars. It is very hard to tell. And again, if we literally did a thousand X from today's price, we're talking twenty six and a half million per BTZ. So CZ also reveals that the exchange is onboarding new users as an at an unprecedented sustained rate during the bull run, outpacing its user growth during the twenty seventeen bull run. So again, this was during the twenty twenty one bull run. Here's what he had to share. Just to give people the idea, in twenty seventeen, when Bitcoin hit the peak of about 20 G's, we were seeing three hundred thousand new registered users per day. And that only happened for a couple of days. And that kind of trailed off and became slower. Now we're seeing sustained new user registrations above the peak and sustained like for over two to three months. So could you imagine running the world's largest crypto exchange and having over three hundred thousand new registered users every single day for like 90 days straight? That is insanity. And that's the previous market. I think twenty twenty four is likely going to outpace the previous market as Bitcoin becomes a common household name and as Bitcoin game theory continues in full effect. You have presidential candidates making Bitcoin a big determining factor. We have people like Ron DeSantis, Kennedy Jr., Javier Malay over in Argentina. So naturally, it's just going to create more commotion and positive catalysts for Bitcoin as we move forward into twenty twenty four. So, I mean, fireworks are ahead. Let me know how you feel. We're likely to finish out this year by December of twenty twenty three. Where do you feel the Bitcoin price action is likely to be? And don't forget to check out CryptoNewsAlerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
THE EMBC NETWORK
A highlight from Four Questions to Save Your Marriage
"Welcome to the Growing in Love for Life podcast, where it's all about saving and strengthening your marriage and creating the relationship you really deserve and want to have. And now from growinginloveforlife .com, relationship and marriage coach and bestselling author, your host, Liam Naden. This is episode 27 of the Growing in Love for Life podcast. And hi everyone, it's Liam Naden back again with a new episode of our Growing in Love for Life podcast. It's great to be here and I've got some information today that I'm really excited to tell you about. And I've called this episode four questions to save your marriage. Now it's hard to believe we're actually onto episode 27 of these podcasts. And I hope you've been listening to some of the previous ones. I know a lot of people have listened to to all of the podcasts, which is great. And I hope I've been able to give you some ideas and strategies and techniques and things that you can actually apply to your own marriage situation, and which hopefully will make a to save your marriage, which is obviously what this is all about. But you know, it struck me the other day, and this is really one of the reasons I came up with the topic for these four questions that are going to help you save your marriage. And it struck me here we are in our 27th episode. And with 27 episodes, you've got in your hands a huge resource. You know, we've, we've covered an awful lot of ground in these podcasts, we've covered everything from how to forgive your spouse for things that they've done wrong or ways they've hurt you, how to create better communication in your, in your marriage, the sorts of things you should do to save your marriage, other things you shouldn't do. We've created an enormous, there's a big resource here now of information that you can use. And of course, I've also got two very powerful relationship programs. One is my seven -day program, Stop Your Divorce, How to Save Your Marriage When Your Spouse Doesn't Want To. And that's a very powerful step -by -step program when your relationship is in a crisis and your spouse wants to leave, or maybe they already have, and you want to stop your divorce. So I really hope you'll check that program out if you're in that situation. Or I've also got my 30 -day program, my Save Your Marriage Relationship Transformation program. And this is for people who have really lost their way in their marriage, and maybe their spouse wants to leave as well, but this goes into a lot more depth in how to really rebuild the intimacy, the communication, the passion in your marriage, and get things right back on track. So I hope you'll check out those two programs, because they really are the best of my information given to you in a step -by -step plan that's proven to work, it's helped a lot of couples to save their marriage. So check those out. But in these podcasts, and in my books as well, if you've read any of those, and just a word about my Kindle books, I'm really proud of them, I've created a series called the Growing in Love for Life series. And many of them have gone on to become bestsellers on Amazon Kindle. But in all of those things, I've really tried to do two things. The first thing is to give you, as I said earlier, practical things that you can do immediately that are going to create a noticeable difference straight away to your marriage situation and improvement. But the other thing is, I'm also trying to give you some ideas to get you thinking in a different way. And actually, I think that's the more important. Because what happens when you get new ideas and new thoughts, and when you start thinking in a different way, you create new behaviors, and that leads to different results. And Einstein has a quote, we cannot solve our problems with the same thinking we used when we created them. And I think that's so true. And that's why we've got to change our thoughts, change the way we think if we want to get a different result. And I think, just to digress a little bit, but what we're seeing today is a big shift in the way people are being helped to deal with their problems in their life. And that comes down to relationships and marriage coaching as well. And I think this is going to be a big, a much greater shift in the future, but it's effective, and it's very effective because what it actually does is it's a shift away from just simply giving people the answers to actually giving people the right questions, and helping them to come up with the answers that are right for them. This isn't to say that you don't need to know the right things to do. You do need the answers, but you also need to know how to ask the right questions. And that's what we're going to do in this podcast as well, is help you create some more of the right questions and come up with better answers and better solutions. All right, so that brings me to today's topic, which is really about asking the right questions. And I've got four questions for you, and they are four questions that really have the potential and power to help you save your marriage. And just a quick word about these questions. Obviously, as I've said in so many of my podcasts, when I ask you a question, the key is that it's vital that you answer these questions honestly. I mean, at the end of the day, they're only for your benefit anyway. But if you do commit to answering them honestly, and particularly the four questions I'm going to cover today, you may well find all sorts of feelings come up for you. And they might be things that are not very pleasant. You might start to feel guilty, or regret, or anger, or sadness. And above all, you might even feel some anxiety and even some fear. Now, if that happens, you can actually be really pleased and take heart because it not only means you're on the right track, but it also means that you're going to be much closer to resolving your marriage situation than otherwise, because you're going to come up with some powerful answers and you're going to experience that shift in your thinking that I was talking about earlier. And that's really what's going to make the difference. So because of that, you also might want to make a few notes of, as we go along with these questions, write down your answers, and you might even want to pause the audio as well. Give yourself some time, it's really important that you give yourself some time to answer these questions. All right, well, I hope I have, now that I've mentioned that sort of warning, if you like, I hope I haven't scared you off. No, really, this is a very exciting process, and I think you'll be very glad you went through and answered these four questions. So let's get onto those questions now. And they're actually all why questions, they're all questions that start with why. And I think why questions are really the most powerful types of questions that we can ask, because they really deal with the underlying reasons behind things. And this is when you get to the heart of things, and you get to really understand what's going on in a situation, and it's really only by understanding what's going on in a situation and addressing things honestly, that you can start to do some of the things that are really going to work that are going to make the real difference. All right, so let's get onto the first question. And just as way of introducing this question, I just want to fill you in on a little bit of my own personal story. Now, you might have heard a bit about me or read a little bit about me and how I came to be working in this whole relationship coaching area, and how I managed to be perfectly honest to get such very effective results, which is great. And it really comes back to what happened to me. And it wasn't so long ago, I was going through my second divorce. Yes, I was not good at marriage, perfect candidate to be teaching it. But anyway, things are really messy. I'd lost everything. And I mean everything. I was living on my mother's sofa at the time, sleeping in her living room. I'd lost everything I had, my friends, my businesses, my income, all my possessions. Not only that, I was in court with both of my ex -wives at the same time. They were both having me in court and trying to attack me, as it were. So when all this was going on, and I'm sure you'd agree, I wasn't exactly feeling good, but I asked myself a very good question. And that's the first of the four questions that I want you to ask for yourself today. And that is, why am I in this situation? So really think about that for yourself. Why are you in the situation you're in with your marriage? If your spouse wants to leave, why do they want to leave? Why has the intimacy gone from your marriage? Why are you having these problems? Why are you in this situation? Now if you're really honest with yourself, and I hope you are, you realize that a lot of it, a lot of your current situation, if not all of it, has to do with decisions that you have made and things that actually are within your control. So they're things that you've done or things that you've not done. Things that maybe you've ignored when you shouldn't have. You know, maybe you've seen some warning signs and you've just chosen to ignore them. Maybe there are some things that you should have said, but you didn't say them. You just kept them inside. But whatever the reasons, it's about realizing that you actually do have some responsibility for the situation you're in. And, you know, maybe if your husband or wife is having an affair or they want to leave you, it's not just about what they've done or are doing. You know, really ask yourself that question, why am I in the situation that I'm in? And when you ask that question and you really accept that you have some responsibility for where you are, that's a wonderful place to be because it puts you in a position of power. So instead of feeling helpless and powerless, now you know you can do something about it. So that's the very first question to ask yourself. Why am I in this situation? Really powerful. Think about that one. Right. The second question. And again, this, I think, is a very profound question to ask yourself. Why do I want to save my marriage? That's a big question. Why do I want to save my marriage? And this is often the very first question I ask people when they come to me and and ask for help. I say, why do you why do you want to save your marriage? And this means you really need to search very deeply into yourself to uncover the real reasons for why you want to save your marriage. In fact, I've covered this whole thing in a previous podcast. But don't just say, well, it's because I love them and I want to be with them. You know, it's the first reaction. But no, that's not. I don't believe the real reason is that I mean, you can still love your husband and your wife and not be married to them. And if they're making you if you say, well, I want to be with them. But well, if they're making you miserable, then why would you want to be with them anyway? Right now, I'm not saying here that you should leave your marriage, but I'm saying you've got to answer this question. Why do I really want to save my marriage? Now, one way to help come up with the real answers to this is to ask yourself another question, which is, what am I afraid will happen if my marriage ends? You know, what am I afraid of? What am I afraid will happen if my marriage ends? And very often people want to save their marriage because they're afraid of what they think is going to happen if they're not married. They're afraid of things like how they're going to make a living or maintain their lifestyle. They're afraid of the potential impact on their children, or whether they're going to be even more unhappy than they are now. And all of these fears, you know, what are they afraid of that will happen if their marriage ends? All of these fears really come down to a fear of the unknown, a fear of the future, not knowing what's going to happen. And the problem with that is it keeps people stuck. And one of the things we call this place is a comfort zone. And a comfort zone doesn't need to be comfortable. It can be absolutely horrible, but it will be comfortable because at least you know what it looks and feels like. So a lot of people want to save their marriage because they think, well, at least I know what it's miserable, but at least I know where I am. I'm not having to step out into the wide world of total the unknown. So ask yourself that question. You need to come up with the real reasons why you want to save your marriage. And then you need to look at them and you need to say, are these really the right reasons to stay married? And really, if I do stay married, am I going am I going to be able to be happy? Now, hopefully, of course, the answer is yes. But you need to be really honest about it. And unless you are, and I'm sure you can see by now that unless you are really honest with these questions, you're really not going to be able to save your marriage anyway. All right. So that's question number two. Question number three. Why am I allowing my current situation to continue? In other words, why am I putting up with this? Why am I putting up with the current situation and allowing myself and probably my spouse and my children to remain unhappy? Now, if you've answered the previous two questions honestly with yourself, if you've been honest with yourself and if you've given them a lot of thought, then you're probably already getting some ideas, some new ideas on things that you could be doing differently, things that you know are probably going to make a positive difference. In that case, you know, you really need to ask yourself, why am I allowing my current situation to continue? You know, why am I if I know some things I should be doing, but I'm not doing them, why is that? You know, why am I just allowing things to continue the way they are? Because the truth is, you are allowing it to. You know, you might think that it's out of your control. But remember, the previous two questions, by now you realize things are very much in your control and you and you have a responsibility. So if you're just allowing your current, if you're not changing anything, you simply are allowing your current situation to continue. And of course, when you think about the answers, what might come into your head? What's going to surface again when you really think about it? What are your fears, isn't it? Isn't it true that there are things that you fear that are stopping you from taking actions, from doing things that you know you should or even not doing things that you know you shouldn't, but you're not doing them? But just becoming aware of these things is going to make a big difference. So ask yourself that question, why am I allowing my current situation to continue? Even though I know there are some things that I could be doing differently that would make a difference. You know, Bob Proctor, the well -known speaker, he says, our problem is not knowing what to do. Our problem is not knowing why we're not doing it. That's very profound, isn't it? Really think about that. Our problem is not knowing what to do. Maybe you've already got some ideas on what to do, some new ideas, but our problem is not knowing why we're not doing it. And it really comes down to our fears. So think about the fears behind your answers when you answer that question. Why am I just allowing my current situation to continue and realize that you are? All right, well, the fourth and last question, and this is a biggie. And this question is, why am I not doing everything I can to save my marriage? Now, your first reaction when you hear that question might be, but I am doing everything I can. I'm working really hard. I'm I'm, you know, reading everything I can. I'm doing all these things. I'm trying to make my my husband or wife feel really good. I'm putting myself out. I'm I'm spending all my time thinking about it. I'm I'm really trying to figure out what to do. I'm talking to other people. I'm doing everything I can. But the truth is, if you're really honest with yourself, you're not doing everything, are you? You know, there's a story about J. Abraham, the marketing guru, and people would say to him that they were doing everything they could to create a particular result. And he'd say, all right, well, don't tell me everything, but just tell me the first hundred things you're doing to get the result you want. And of course, people would sort of stop for a moment and they might start to, you know, say a few things. They normally get to about 10. And of course, that would be it. No, you're not doing everything you can to save your marriage, are you? So you need to ask yourself, why aren't you doing everything you can? I mean, there are so many things you could be doing that you're not doing. I mean, for a start, you could listen to every single episode of my podcast. As I said, there's 27 of them now. There's a huge resource that you could listen to all of those. That's one thing you could do. I've also got two very powerful coaching programs that have been proven to save marriages that are going to show you exactly what to do to save your marriage. You could do that. And I've also there's there's other information you can find elsewhere as well. You're not doing everything, are you? That's the truth. So why aren't you? And let's look at this for a moment, because, you know, and I'm being brutally honest here, but I am about being honest because I want you to get the result you're looking for. And you're only going to get it if you're honest with yourself and I'm honest with you. So so, you know, a lot of people contact me or some people contact me and they say, look, I'm really desperate to save my marriage. And I'd love I'll do anything I really will. And I'd love to do your program. But and then the excuse comes along. And often it might be, but I don't have the time, time to do it. Oh, really? OK, well, you know, try and find the time for divorce because it's going to take a lot of your time. All right. But you know what I mean? Or they say they can't afford it. You know, it's too expensive. Well, for a start, to be honest, those programs are not expensive. They also come with a guarantee. And there's one thing I can tell you with absolute certainty, and that's the most expensive thing you will ever do in your life is go through a divorce. I can guarantee you that. So it's going to cost you far more than you can imagine to get a divorce. And it's going to cost you many, many times the cost of the program to show you exactly how to avoid it. So you need to ask yourself that question. Why am I not doing everything I can to save my marriage? And when you really ask yourself that question, you're going to come up with some pretty interesting answers. And again, very likely what's going to come up are your fears. You know, perhaps you've thought of doing something, but you think, well, no, it's not going to work. Or you don't necessarily think it won't work, but you're not sure that it will work. So you think you're going to be wasting your money. Or you might think your spouse might be angry with you for having tried something and it being a failure. So it's that fear of failure with you, if you like. Or they might even criticize you for trying. And that's what some people say to me. Well, I can't do this program because if my spouse finds out they're going to be really angry. And I say, well, the alternative is you get divorced and it won't really matter, will it? So is that really a big issue? Or maybe some people also have a fear that it's going to make things worse. But again, how much worse does it have to get? Is it really going to matter if it gets a lot worse? There's nothing worse than divorce, is there? Now, the truth is, of course, you don't have to try everything to save your marriage. You only need to do what works. But you have to be prepared to try everything until you find the thing that works for you. And that might be after 10 things, trying 10 things, and then you find the thing that works. It might be after 100 things. But you have to be prepared to do anything, to keep going until you find what it is that gives you the result that you want. So ask yourself that question, that's the fourth question. Why am I not doing everything I can to save your marriage? Ask that question. Why am I not doing everything I can to save my marriage? Okay, well there are four very powerful questions and I really have found in working with people and through my programs and through coaching that they're questions that really have the potential to massively change your results in terms of saving your marriage. So please spend time thinking about them and really be honest with yourself as well. Because when you're honest with yourself, what happens is you come up with the right answers and that's all that matters is the right answers. And you'll start to see the things that you're afraid of that are stopping you from doing the right things. And that's really, really important. So they're four very powerful questions that are really worth spending some time on. Now I mentioned earlier about my two programs and I do just want to remind you that there's something that I feel very passionate about because I've seen the impact the ideas of my programs really do in helping people save their marriage. And one of the most fulfilling things in my life is seeing two people who have got a great relationship when it turns sour, not throwing it away. Realizing that just a few things that you do differently can bring you back together again, can bring back the magic that you used to have. And it really is a privilege to be able to show people just those little things that make a massive difference. So I really would encourage you, if you like the things that I'm saying to you in these podcasts and you feel that I can help you, have a look at my two programs, my Stop Your Divorce Program and my Save Your Marriage Relationship Transformation Program and all the information is available on my website, LiamNaden .com, as well as other information as well. So thanks very much for joining me again on this podcast episode. If you have any other questions or comments, feel free to email me at LiamNaden at gmail .com. Otherwise, I look forward to helping you soon and talking to you soon. Thanks again and bye for now.
Markets Daily Crypto Roundup
A highlight from CoinDesk Market Index Week in Review
"This episode of Markets Daily is sponsored by Kraken. Wondercraft AI Voice is here to give you six crypto market takeaways from last week. We will start by taking a look at what happened in markets in the first half of the week. Here, Coindesk Indices provides week -on -week data over seven days leading up to Tuesday, September 19th. The DeFi sector has performed exceptionally well recently. Coindesk's DeFi index surged by 9 .1 % week -on -week, outpacing the overall Coindesk market index, which only rose by 6 .4%. Notable assets in this rally include AMM ThorChain, which climbed by 29%, and the yield protocol TrueFi, which gained 25%. In the distributed computing sector, we've witnessed some positive price movements this week. Several assets, such as the shared storage protocol Storj with a remarkable 27 % increase week -on -week, and the VPN platform Orchid showing an 18 % rise week -over -week, which have consistently outperformed the market. However, Layer 1 Avalanche stands out for its negative performance in the crypto space this week, with Avax declining by 1 % week -on -week. Stay tuned for after the break when we will bring you three more takeaways from Friday, September 22nd.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: CoinDesk Market Index Week in Review
"This episode of Markets Daily is sponsored by Kraken. Wondercraft AI Voice is here to give you six crypto market takeaways from last week. We will start by taking a look at what happened in markets in the first half of the week. Here, Coindesk Indices provides week -on -week data over seven days leading up to Tuesday, September 19th. The DeFi sector has performed exceptionally well recently. Coindesk's DeFi index surged by 9 .1 % week -on -week, outpacing the overall Coindesk market index, which only rose by 6 .4%. Notable assets in this rally include AMM ThorChain, which climbed by 29%, and the yield protocol TrueFi, which gained 25%. In the distributed computing sector, we've witnessed some positive price movements this week. Several assets, such as the shared storage protocol Storj with a remarkable 27 % increase week -on -week, and the VPN platform Orchid showing an 18 % rise week -over -week, which have consistently outperformed the market. However, Layer 1 Avalanche stands out for its negative performance in the crypto space this week, with Avax declining by 1 % week -on -week. Stay tuned for after the break when we will bring you three more takeaways from Friday, September 22nd.
The Dan Bongino Show
Scott Presler: We Don't Need the Government, We Need Active Citizens
"Because I was mad but you know I wasn't mad at President Obama I was ultimately mad at myself I said Scott where were you registering where voters were you getting out the vote where were you helping to make sure that we were electing publicans into office and I realized that my inaction meant that I was the problem and so I became the solution by getting my first job in politics in 2014 I I moved halfway across the country to Texas to elect now Governor Greg Abbott and then realized how important it was that we win back the White House in 2016 because I was always forward thinking focusing on the Supreme Court and I never wanted Hillary Clinton to set foot in office ever again as you know and so I dedicated two years of my life to electing Donald J. Trump as the 45th President and it really was Trump who changed my life in 2019 because he was talking about the city of Baltimore Maryland and again the same inaction that I felt in myself in 2012 I was reminded of by society's reaction to Baltimore because because everybody was tweeting they were posting pictures they were getting likes and clicks from posting videos and of Baltimore I thought to myself okay you're gonna go do a trash cleanup and I I thought was it going was to be me my mom dad but the tweet that I posted on social media it went viral and I was oh but within seven days we organized a cleanup in Baltimore on on a Monday and we got 200 volunteers from all across the country that came together in an act of love and we picked up 12 tons of trash in 12 hours in one single day and I thought to myself Dan I don't need the government to solve my problems what I do need is concerned citizens coming together as a community and we can do
Telecom Reseller
A highlight from Cybersecurity attack on MGM may have begun with a ten-minute phone call: How it happened, Special Mutare Podcast
"This is Doug Greenan, I'm the publisher of Telecom Resiller, and I'm very pleased to have with us once again Chuck French of Mutari. Chuck, thank you for joining me today. Doug, a pleasure. Thank you. Well, we're, you know, we have talked in the past about cyber security, and of course on this podcast series, we've been doing a lot of work on that all year long, but this time I think it's a little bit less abstract. We're doing this literally while, even as we're recording this, MGM hospitality company is being basically hacked. You can't make a reservation on their line. There's still many operational problems that they're having. So we have the spectacle of one of the world's richest and most well -prepared companies, you know, having basically an episode about which we've talked about many times in this program. So Chuck, we're going to be sort of diving into that to find out, you know, what that's all about. And if anything can be done by, you know, the rest of us who are maybe in companies that have fewer resources, less visibility and so on. But what is Mutari? Well, Mutari is a 30 -year -old, not just more than 30 years old, but we're an independent software vendor, been focused in business communication software for all those years. We're based in Chicago, 400 enterprise customers. We enjoy a pretty good reputation for building great software and supporting it in the way that our customers enjoy, very little turnover of our employees, our customers, our partners. And as an organization, we're buying the company right now through an employee stock ownership. And I tell people this every time I meet them, because I think it's important. We're aligned and we're the most aligned company you've ever spoken to, Doug. And we're aligned around buying the company, but with a specific purpose. We need to do it around solving a problem. And then for the last couple of years, we are focused on being the leader in voice threat defense, which is why this conversation is so timely. You know, before we get off the topic of your company's core identity, I understand Mutari is actually a Latin word. Yes, it means to change in Latin. So think mutant, mutate. I always have to remind myself of that to make sure I'm saying Mutari. Pretend you're an Italian person saying Mutari, right? It's Latin for to change. And at first, I didn't know what to make of the name because everybody has a hard time with it. But I really do think it's more apt today than ever because this world, by the day, changes faster and faster and faster. And we know how to respond to that. We're agile a company that still acts like a perpetual startup. Well, let's talk about today because as we were just discussing before we started our podcast, and I'm sure a lot of our watchers, listeners are paying close attention to this. I am really just dazzled as much as we've talked and talked with you and many other people about the cybersecurity threat. I think very few of us imagined that what you guys have been telling us in terms of, gee, guys, you know, this could be really bigger than anyone could imagine. Well, here we are. It's seven days. It's still unfolding. I welcome anybody to go to our website and look in the resources column for all the content we put out there around this specific topic. Long -form articles about all of this, statistics, everything you'll ever want to know about the voice. And I'll bring it back to voice, Doug, because you didn't mention it yet. But, you know, the MGM ransomware attack, the cybersecurity attack that's happened has really brought MGM to its knees. You mentioned people can't make reservations. People can't get into the rooms right now, right? You can't, machines are not working. You know, from some estimates, MGM right now, because their systems are all offline, is losing somewhere between $3 million and $7 million a day and $1 million in pure cash. So those would be revenue and a million in cash every day because of this. And why this is so interesting to our firm is because the catalyst for all of this was a voice call. It was a telephone call from someone into the IT area, the customer service area of the IT department at MGM that allowed the bad actors to get the credentials necessary to put their software in, to allow them to take control of all of MGM, a voice call. So how about that? Well, you know what, it's very interesting because for those of you who are movie fans and like the Ocean's Eleven series, not the original with Frank Sinatra, but the more recent one from 20 years ago, there was, for those of you who are telecom fans, there was a PBX hack in that. That was part of what they did. And that was still in the era when the PBX was mostly a non -integrated system, a separate system running alongside the rest of IT. And of course, in the last 20 years, that's been departed. And now, you know, that call presumably occurred on the same set of servers, I think, that a lot of this is happening. Yeah. So, you know, so let's dive into this. So this is exactly what happened. This apparently started with a phone call. And then you were telling me that once they got in, they were able to do sort of some sort of horizontal thing. Tell me more about that, what that means. Yeah. And so I'll provide a little context around that. These are not people who, you know, stumbled upon this and, oh, I was able to get the credentials and so forth. These are large, large, sophisticated organizations, virtual organizations that are all over the world. And when I say sophisticated, and I know I've mentioned this in the past, these are, they have HR departments. They have areas where they can adjudicate conflicts. They have health plans in these organizations and they have specialization. So oftentimes what happens, and if you were to go on the dark web, you know, you can actually purchase some of these things. You can purchase the software to be able to enact these things. But there's just like in a hospital, right? You might have people whose job is the anesthesiologist, then you have the physicians and you have the nurse. They have that regarding ransomware attacks. So are there things called initial access brokers, people whose sole job is to be able to get access to a system. And that might be where their job ends. They sell that, they sell that and they put that in the marketplace. Another group picks it up, say, we're going to be the group now harvests us. That means they take the credentials and they go laterally and they infiltrate systems throughout an organization. They don't do anything. They lay late for a little while. I want to make sure that if you're backing up the copies, they're in the backups, all of their software is there. They lay in there. And then ultimately there comes a day when they say we're going to attack. And that's when someone, and I'm sure you've seen these before the screen pops up, you know, someone, some administrator that, you know, we have your data. You know, here's the information. Send some, you know, so much Bitcoin to so and so. Well, the encrypt your files and destroy them and still proof of life, if you will, to that end, and then you can continue on your way. So, yes, to answer your question, they received through three socially and through social engineering, a customer service person. It's this organization and they this group they call swirly spiders. I forget. I forget the name of these. Yeah. Yeah. They they. Yeah, that's right. That's right. They went ahead and then got access and told MGM that they had their systems in and ultimately MGM ignored them. And guess what happened to MGM when they didn't take this group seriously, everything that we're talking about today.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Ethereum Activity Lags Despite Network Upgrades, Altcoin Volatility Surprises
"This episode of Markets Daily is sponsored by Kraken. It's Friday, September 22nd, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about Ethereum activity, altcoin volatility, and more. So you don't miss an episode, be sure to follow the podcast on your platform of choice. Just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Markets this morning seemed to be recovering after a rough few days. Bitcoin has been fairly range -bound for the past 24 hours and at 10 am Eastern Time this morning was up 0 .6 percent, trading at $26 ,607 according to CoinDesk indices. Ether has been doing better so far today, up almost 1 .1 percent over the past 24 hours, trading at $1 ,595. On the week, Bitcoin is up 0 .4 percent, while Ether is down 1 .8 percent. In traditional markets, yesterday was the S &P 500's worst day since the aftermath of the S &P 500's steepest drop in over 100 days. This morning, however, stocks are recovering, with the S &P 500 up over two -tenths from yesterday's close, NASDAQ up almost half a percent, and the Dow Jones up one -tenth of a percent. In Europe, the FTSE is also recovering after yesterday's late trading slump and earlier today was up two -tenths of a percent. This comes in spite of economic releases this morning showing contracting activity from the service sector and a steeper -than -expected year -on -year slump in UK retail sales. Eurozone data out this morning showed a deeper -than -expected contraction in manufacturing activity with new orders declining the most in nearly three years. The German DAX index dropped sharply on the open today but has since largely recovered. The Euro Stoxx 600 index is down almost two -tenths of a percent. In Asia, Japan's Nikkei index fell just over half a percent as the country's year -on -year core inflation came in slightly higher than expected. This is fueling speculation that the Bank of Japan could end its negative rate policy early next year. However, economic growth is a concern. Data out today showed that business activity in Japan slowed to a seven -month low in September. In China, the Shanghai Composite closed up over one -and -a -half percent yesterday. Recent data suggests the growth slump has bottomed out. This is fueling optimism that recent stimulus measures will speed up economic growth. Hong Kong markets also had a good day with the Hang Seng up over half a percent. In commodities, the Brent crude benchmark continued its pullback trading at $93 .27 per barrel, down almost eight -tenths of a percent over the past 24 hours. Concerns about global economic activity are outweighing concerns about tightening oil supply. Yesterday, the Russian government announced gasoline and diesel export restrictions in order to stabilize fuel prices in the domestic market. Gold lost some ground yesterday as investors reacted to the prospect of a stronger US dollar, reaching a weekly low before climbing again. Earlier today, it was trading down almost eight -tenths of a percent at $1 ,927 per ounce. Stay tuned. After the break, we'll take a look at Ethereum activity and is the crypto market's largest meme coin becoming stable? Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. In this section, we're going to look at what's going on with Dogecoin volatility. But first, despite network upgrades, Ethereum's activity is not picking up. In a recent report, JP Morgan analysts noted that Ethereum's Shanghai upgrade, implemented in April to enable the withdrawal of staked tokens, has not delivered much of a boost to network activity. Ethereum's daily transaction count has fallen 12 % since the upgrade, according to the analysts, and the number of daily active addresses has dropped nearly 20%. To be fair, the purpose of the Shanghai upgrade was not to boost Ethereum transactions. It was to encourage staking by making it more flexible. Ethereum's security depends on the spread of its staking network. It has succeeded in that. Since the upgrade, the number of validators has increased by almost 50%. Also, the circulation of Ether has always been heavily influenced by DeFi activity, which is still grappling with regulatory uncertainty, recent exploits and last year's market shocks. But network activity is an important part of liquidity, which is significant for investors. And Bitcoin's activity has been recovering. The average number of daily transactions on the Bitcoin blockchain has more than doubled over the past few months, while the number of active addresses is more than 10 % higher on a seven -day moving average basis. Looking further out, Ethereum has some more upgrades in the pipeline, which will be focused on increasing throughput and therefore also, in theory, network activity. Given the community's success so far in implementing ambitious changes to improve the blockchain's functionality, Ethereum's declining activity now should not necessarily be taken as a sign that the network is less interesting. And finally, just in case you needed more evidence that these markets are, well, strange, this morning Omkar Ghoboli reported that Dogecoin, the largest meme token by market value and typically one of the riskier crypto investments, now has a lower 30 -day historical volatility than Bitcoin. Normally, a decline in volatility signals deep market liquidity and maturity. With Dogecoin, neither is the case at the moment. So, as with Bitcoin, below volatility is yet another sign that investors are staying away. That's it for today's show. I hope you all have a great weekend. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us and, if you like the show, please leave us a five -star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso with executive production by Jared Schwartz. I'm Noah Latcheson for Coindesk. We're back tomorrow with more market news and insights.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Ethereum Activity Lags Despite Network Upgrades, Altcoin Volatility Surprises
"This episode of Markets Daily is sponsored by Kraken. It's Friday, September 22nd, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about Ethereum activity, altcoin volatility, and more. So you don't miss an episode, be sure to follow the podcast on your platform of choice. Just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Markets this morning seemed to be recovering after a rough few days. Bitcoin has been fairly range -bound for the past 24 hours and at 10 am Eastern Time this morning was up 0 .6 percent, trading at $26 ,607 according to CoinDesk indices. Ether has been doing better so far today, up almost 1 .1 percent over the past 24 hours, trading at $1 ,595. On the week, Bitcoin is up 0 .4 percent, while Ether is down 1 .8 percent. In traditional markets, yesterday was the S &P 500's worst day since the aftermath of the S &P 500's steepest drop in over 100 days. This morning, however, stocks are recovering, with the S &P 500 up over two -tenths from yesterday's close, NASDAQ up almost half a percent, and the Dow Jones up one -tenth of a percent. In Europe, the FTSE is also recovering after yesterday's late trading slump and earlier today was up two -tenths of a percent. This comes in spite of economic releases this morning showing contracting activity from the service sector and a steeper -than -expected year -on -year slump in UK retail sales. Eurozone data out this morning showed a deeper -than -expected contraction in manufacturing activity with new orders declining the most in nearly three years. The German DAX index dropped sharply on the open today but has since largely recovered. The Euro Stoxx 600 index is down almost two -tenths of a percent. In Asia, Japan's Nikkei index fell just over half a percent as the country's year -on -year core inflation came in slightly higher than expected. This is fueling speculation that the Bank of Japan could end its negative rate policy early next year. However, economic growth is a concern. Data out today showed that business activity in Japan slowed to a seven -month low in September. In China, the Shanghai Composite closed up over one -and -a -half percent yesterday. Recent data suggests the growth slump has bottomed out. This is fueling optimism that recent stimulus measures will speed up economic growth. Hong Kong markets also had a good day with the Hang Seng up over half a percent. In commodities, the Brent crude benchmark continued its pullback trading at $93 .27 per barrel, down almost eight -tenths of a percent over the past 24 hours. Concerns about global economic activity are outweighing concerns about tightening oil supply. Yesterday, the Russian government announced gasoline and diesel export restrictions in order to stabilize fuel prices in the domestic market. Gold lost some ground yesterday as investors reacted to the prospect of a stronger US dollar, reaching a weekly low before climbing again. Earlier today, it was trading down almost eight -tenths of a percent at $1 ,927 per ounce. Stay tuned. After the break, we'll take a look at Ethereum activity and is the crypto market's largest meme coin becoming stable? Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. In this section, we're going to look at what's going on with Dogecoin volatility. But first, despite network upgrades, Ethereum's activity is not picking up. In a recent report, JP Morgan analysts noted that Ethereum's Shanghai upgrade, implemented in April to enable the withdrawal of staked tokens, has not delivered much of a boost to network activity. Ethereum's daily transaction count has fallen 12 % since the upgrade, according to the analysts, and the number of daily active addresses has dropped nearly 20%. To be fair, the purpose of the Shanghai upgrade was not to boost Ethereum transactions. It was to encourage staking by making it more flexible. Ethereum's security depends on the spread of its staking network. It has succeeded in that. Since the upgrade, the number of validators has increased by almost 50%. Also, the circulation of Ether has always been heavily influenced by DeFi activity, which is still grappling with regulatory uncertainty, recent exploits and last year's market shocks. But network activity is an important part of liquidity, which is significant for investors. And Bitcoin's activity has been recovering. The average number of daily transactions on the Bitcoin blockchain has more than doubled over the past few months, while the number of active addresses is more than 10 % higher on a seven -day moving average basis. Looking further out, Ethereum has some more upgrades in the pipeline, which will be focused on increasing throughput and therefore also, in theory, network activity. Given the community's success so far in implementing ambitious changes to improve the blockchain's functionality, Ethereum's declining activity now should not necessarily be taken as a sign that the network is less interesting. And finally, just in case you needed more evidence that these markets are, well, strange, this morning Omkar Ghoboli reported that Dogecoin, the largest meme token by market value and typically one of the riskier crypto investments, now has a lower 30 -day historical volatility than Bitcoin. Normally, a decline in volatility signals deep market liquidity and maturity. With Dogecoin, neither is the case at the moment. So, as with Bitcoin, below volatility is yet another sign that investors are staying away. That's it for today's show. I hope you all have a great weekend. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us and, if you like the show, please leave us a five -star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso with executive production by Jared Schwartz. I'm Noah Latcheson for Coindesk. We're back tomorrow with more market news and insights.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Championing Crypto Causes and the Latest DeFi Breach With Host Noelle Acheson
"This episode of Markets Daily is sponsored by Kraken. It's Wednesday, September 20th, 2023, and this is Markets Daily from Coindesk. My name is Noelle Acheson, Coindesk collaborator and author of The Crypto's Macro Now newsletter on Substack. On today's show, we're talking about crypto activism and another DeFi hack. And just a reminder, Coindesk is a new source and does not provide investment advice. Now, a markets roundup. Crypto assets were mixed today. At 10 a .m. Eastern time, Bitcoin was up almost eight -tenths of a percent over the past 24 hours, trading at $27 ,164. Ether, on the other hand, was down four -tenths of trading at $1 ,631. Ether's underperformance could be a market reaction to a series of reports from blockchain sleuths of large transfers of the asset to exchanges. While it is hard to know exactly what is behind on -chain movements, the reports could be enough to spook some investors into getting out ahead of what might be potential sell pressure. Meanwhile, Bitcoin trading volume continues to fall. A report from K33 Research published yesterday shows that Bitcoin spot volumes dropped a further 8 % over the past seven days. This has been driven largely by sharp declines in activity on Binance, the world's largest crypto exchange in terms of trading volume. The seven -day spot volume average on Binance is down 57 % since the beginning of the month. Most other exchanges are flat over the same period, with Coinbase registering a 9 % increase. It remains to be seen where the volumes leaving Binance will end up, if anywhere. Much of the drop could be from more liquidity providers leaving the platform in the face of intensifying legal pressure on the exchange from US regulators. This is likely to have a further dampening effect on liquidity, which could further delay the entrance of large investors. Institutions generally need a certain amount of liquidity to be assured that their orders won't unduly distort the market, and that they could exit easily if necessary. In traditional markets, US stocks are heading up this morning as traders brace for the FOMC rates decision later today. The S &P 500 was up over 0 .3%, the Nasdaq up 0 .2%, and the Dow Jones up almost 0 .5%. While the market is pricing at a pause, attention is now focusing on the likelihood of another hike before the end of the year. CME futures show odds swinging in favour of no more hikes this year, implying that the peak is already in. This would be good news for stocks which are already looking ahead to the likely timing of rate cuts. The bond market, however, is signalling that it expects US rates to be higher for longer. This morning, the yield on the 10 -year US Treasury reached its highest point since 2007. The updated FOMC summary of economic projections due to be published today should shed some light on the Fed's expectations for rate cuts next year. In Europe, the FTSE 100 jumped this morning on news that UK inflation came in lower than expected. The year -on -year increase for August was 6 .7%, notably better than the consensus forecast of 7%, and the lowest level in 18 months. Tomorrow, we hear from the Bank of England as to the outlook for UK interest rates. Odds for another hike tomorrow have dropped to below 60 % after being an almost sure thing just a few days ago. Earlier this morning, the FTSE 100 and the German DAX index were up almost 0 .09%, while the Euro stock 600 was up just over 1%. In Asia, Japan's Nikkei index was down almost 0 .07%, as data out earlier today showed the country's exports dropping for the second consecutive month. In China, the Shanghai Composite fell more than 0 .5 % after Chinese banks left their benchmark loan prime rates unchanged in line with the central bank's oil prices finally seem to be taking a breather, with the Brent crude benchmark down almost 1 .5 % over the past 24 hours, trading at $94 a barrel. This comes as Goldman Sachs raised its forecast for crude to $100 a barrel, citing strong consumption coupled with production cuts. Gold saw a sharp bounce this morning, with the price jumping over 0 .5 % in half an hour, trading as high as $1 ,943 per ounce. This has led to speculation of a large buyer entering the market. It could also be a reaction to a decline today in the DXY dollar index. Stay tuned. After the break, we'll take a look at investor trust in DeFi platforms and efforts to mobilize crypto Meet voters. the all new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned modular trading interface. So head to pro .kraken .com and trade like a pro. Welcome back. In this section, we're going to look at crypto activism. But first, another DeFi attack hits crypto. This morning, decentralized trading protocol Balancer said that its web front end was suffering from an exploit and urged users not to interact with the website. According to data platform DeFi Llama, Balancer has a total value locked of about $700 million, making it the fourth largest decentralized exchange. The attack comes roughly a month after Balancer warned the public about an unrelated vulnerability in the protocol's pools. On -chain data show that, so far, over 200 ,000 has been stolen in this exploit. This is not a large amount by crypto hack standards, but it is significant in that it could further weaken investor trust in DeFi platforms. Crypto exploits have caused losses of over $1 billion so far this year, according to blockchain security firm Certik. Recent hacks have highlighted that there are many potential vectors of vulnerability. It's not just the core application code. This further complicates DeFi utility for investors looking for yield, especially given the high yield available now in traditional markets with much lower risk. On a more uplifting note, Coinbase is rallying grassroots activism. Yesterday, the crypto exchange published a blog post urging crypto's 52 million users, according to the company, to call their congressman. The company's Stand with Crypto Alliance will be organizing events across nine states. Coinbase is also launching a paid media campaign that aims to show how powerful the crypto lobby can be. On December 27th, Stand with Crypto Day will convene entrepreneurs and developers from around the country in Washington DC to meet with government officials. And the platform has also launched an app to make it super easy for users to reach the right people in Congress. This could have an impact. After all, if only 10 % of the reported 52 million users make a call, that's a lot of collective phone time. It should also send a strong signal that crypto users have political opinions and that pro -innovation candidates are likely to win their support as the US elections approach. That's it for today's show. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us and if you like the show, please leave us a five star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso with executive production by Jared Schwartz. I'm Noa Latcheson for Coindesk. We're back tomorrow with more market news and insight.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Championing Crypto Causes and the Latest DeFi Breach With Host Noelle Acheson
"This episode of Markets Daily is sponsored by Kraken. It's Wednesday, September 20th, 2023, and this is Markets Daily from Coindesk. My name is Noelle Acheson, Coindesk collaborator and author of The Crypto's Macro Now newsletter on Substack. On today's show, we're talking about crypto activism and another DeFi hack. And just a reminder, Coindesk is a new source and does not provide investment advice. Now, a markets roundup. Crypto assets were mixed today. At 10 a .m. Eastern time, Bitcoin was up almost eight -tenths of a percent over the past 24 hours, trading at $27 ,164. Ether, on the other hand, was down four -tenths of trading at $1 ,631. Ether's underperformance could be a market reaction to a series of reports from blockchain sleuths of large transfers of the asset to exchanges. While it is hard to know exactly what is behind on -chain movements, the reports could be enough to spook some investors into getting out ahead of what might be potential sell pressure. Meanwhile, Bitcoin trading volume continues to fall. A report from K33 Research published yesterday shows that Bitcoin spot volumes dropped a further 8 % over the past seven days. This has been driven largely by sharp declines in activity on Binance, the world's largest crypto exchange in terms of trading volume. The seven -day spot volume average on Binance is down 57 % since the beginning of the month. Most other exchanges are flat over the same period, with Coinbase registering a 9 % increase. It remains to be seen where the volumes leaving Binance will end up, if anywhere. Much of the drop could be from more liquidity providers leaving the platform in the face of intensifying legal pressure on the exchange from US regulators. This is likely to have a further dampening effect on liquidity, which could further delay the entrance of large investors. Institutions generally need a certain amount of liquidity to be assured that their orders won't unduly distort the market, and that they could exit easily if necessary. In traditional markets, US stocks are heading up this morning as traders brace for the FOMC rates decision later today. The S &P 500 was up over 0 .3%, the Nasdaq up 0 .2%, and the Dow Jones up almost 0 .5%. While the market is pricing at a pause, attention is now focusing on the likelihood of another hike before the end of the year. CME futures show odds swinging in favour of no more hikes this year, implying that the peak is already in. This would be good news for stocks which are already looking ahead to the likely timing of rate cuts. The bond market, however, is signalling that it expects US rates to be higher for longer. This morning, the yield on the 10 -year US Treasury reached its highest point since 2007. The updated FOMC summary of economic projections due to be published today should shed some light on the Fed's expectations for rate cuts next year. In Europe, the FTSE 100 jumped this morning on news that UK inflation came in lower than expected. The year -on -year increase for August was 6 .7%, notably better than the consensus forecast of 7%, and the lowest level in 18 months. Tomorrow, we hear from the Bank of England as to the outlook for UK interest rates. Odds for another hike tomorrow have dropped to below 60 % after being an almost sure thing just a few days ago. Earlier this morning, the FTSE 100 and the German DAX index were up almost 0 .09%, while the Euro stock 600 was up just over 1%. In Asia, Japan's Nikkei index was down almost 0 .07%, as data out earlier today showed the country's exports dropping for the second consecutive month. In China, the Shanghai Composite fell more than 0 .5 % after Chinese banks left their benchmark loan prime rates unchanged in line with the central bank's oil prices finally seem to be taking a breather, with the Brent crude benchmark down almost 1 .5 % over the past 24 hours, trading at $94 a barrel. This comes as Goldman Sachs raised its forecast for crude to $100 a barrel, citing strong consumption coupled with production cuts. Gold saw a sharp bounce this morning, with the price jumping over 0 .5 % in half an hour, trading as high as $1 ,943 per ounce. This has led to speculation of a large buyer entering the market. It could also be a reaction to a decline today in the DXY dollar index. Stay tuned. After the break, we'll take a look at investor trust in DeFi platforms and efforts to mobilize crypto Meet voters. the all new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned modular trading interface. So head to pro .kraken .com and trade like a pro. Welcome back. In this section, we're going to look at crypto activism. But first, another DeFi attack hits crypto. This morning, decentralized trading protocol Balancer said that its web front end was suffering from an exploit and urged users not to interact with the website. According to data platform DeFi Llama, Balancer has a total value locked of about $700 million, making it the fourth largest decentralized exchange. The attack comes roughly a month after Balancer warned the public about an unrelated vulnerability in the protocol's pools. On -chain data show that, so far, over 200 ,000 has been stolen in this exploit. This is not a large amount by crypto hack standards, but it is significant in that it could further weaken investor trust in DeFi platforms. Crypto exploits have caused losses of over $1 billion so far this year, according to blockchain security firm Certik. Recent hacks have highlighted that there are many potential vectors of vulnerability. It's not just the core application code. This further complicates DeFi utility for investors looking for yield, especially given the high yield available now in traditional markets with much lower risk. On a more uplifting note, Coinbase is rallying grassroots activism. Yesterday, the crypto exchange published a blog post urging crypto's 52 million users, according to the company, to call their congressman. The company's Stand with Crypto Alliance will be organizing events across nine states. Coinbase is also launching a paid media campaign that aims to show how powerful the crypto lobby can be. On December 27th, Stand with Crypto Day will convene entrepreneurs and developers from around the country in Washington DC to meet with government officials. And the platform has also launched an app to make it super easy for users to reach the right people in Congress. This could have an impact. After all, if only 10 % of the reported 52 million users make a call, that's a lot of collective phone time. It should also send a strong signal that crypto users have political opinions and that pro -innovation candidates are likely to win their support as the US elections approach. That's it for today's show. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us and if you like the show, please leave us a five star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso with executive production by Jared Schwartz. I'm Noa Latcheson for Coindesk. We're back tomorrow with more market news and insight.
CoinDesk Podcast Network
A highlight from UNCHAINED: Zeke Faux's Crypto Adventures and His Relationship With Former FTX CEO SBF
"Hi, everyone, welcome to Unchained, your no -hype resource for all things crypto. I'm your host, Laura Shin, author of The Cryptopians. I started covering crypto eight years ago, and as a senior editor, Forbes was the first mainstream media reporter to cover cryptocurrency full -time. This is the September 19th, 2023 episode of Unchained. Toku makes implementing global token compensation and incentive awards simple. With Toku, you get unmatched legal and tax tech support to grant and administer your global team's tokens. Make it simple today with Toku. The game has changed. The Google Cloud Oracle built for layer zero is now securing every layer zero message by default. Their custom end -to -end solution sets itself up to bring its world -class security to web three and establish itself as the HTTPS within layer zero messaging. Visit layerzero .network to learn more. Arbitrum's leading layer two scaling solutions can provide you with lightning fast transactions at a fraction of the cost, all while ensuring security rooted on Ethereum. Arbitrum's newest addition, Orbit, enables you to build your own tailor -made layer three. Visit arbitrum .io today. Buy, trade, and spend crypto on the crypto .com app. New users can enjoy zero credit card fees on crypto purchases in the first seven days. Download the crypto .com app and get $25 with the code laura. Link in the description. Today's guest is Zeke Fox, author of Number Go Up. Welcome, Zeke. Hey, thank you so much for having me, Laura. Yeah, I'm excited to chat. You just came out with your book, Number Go Up. Congratulations. Tell us what it's about. Number Go Up. I've started out as it's my the story of like the two years I spent going down the crypto rabbit hole. And when I started out, I was just kind of curious and skeptical. And I was arguing with my friend about the reasonableness of a betting on Dogecoin. It's like the height of the pandemic. And I don't know, I got kind of sucked into investigating crypto. Two years later, I was cut to I'm in the Bahamas, going to Sam Begman Fried's penthouse just before the cops showed up interviewing him about the collapse of FTX. And so you said that this was your period of going down the crypto rabbit hole. What had you been doing before? So I've been an investigative reporter for Bloomberg for a long time. And at Bloomberg, I generally write about kind of the shady side of Wall Street. So I'd written exposes of predatory lenders, penny stock scams. One of my favorites was about a Patriots fan who stole the New York Giants Super Bowl rings after the 2008 helmet catch game. So I'd always been looking for like wild stories to tell in this world of business and finance. But I kind of resisted crypto as a potential topic. I just didn't really see it as like, I mean, you're going to laugh at me now, but I just didn't really see it as like a good target for an investigative reporter. And it wasn't because I thought crypto was like the future. It's just like this may be hard to believe if you're like a big time crypto guy, but actually maybe not because I'm sure you talk about it with your family and everybody. But like outside in the traditional finance world, a lot of people are so skeptical about crypto that they were like investigating a crypto company and finding out something bad about it, you wouldn't find anything surprising. I don't even care about that story. But what I realized was that my first crypto conference was Bitcoin 2021 in Miami. And I showed up there and I just met, I realized there were so many crazy characters in crypto. There were so many people that I'd love to write about. And I'm like, these are the kind of people who I need to get to know. One of the first people I sat down with was I met Sam Bankman -Fried there. I met Alex Mashinsky of Celsius, who was very prominent there. I had Michael Saylor saying all sorts of crazy things about Bitcoin. And I came back and I told my editor, like, I was wrong. There's all sorts of weird stuff going on in crypto. This would be a great topic and it'll be, you know, it'll be a long time before. There's too many stories to choose from. Yeah. Yeah. And it's funny in terms of the years that you, quote unquote, went down the crypto rabbit hole. Those were two of the craziest years and in a way, like some of the more unusual years of crypto, I would say. Just so before we dive into, you know, the different escapades you underwent in your book, you mentioned earlier that you were both curious about crypto, but also skeptical. So, you know, before we dive into what you were looking into, I wanted to hear your overall take on crypto. You know, when you say you're a skeptic, how much of a skeptic because there are some people who are skeptics and they completely dismiss crypto, but I didn't get that feeling from reading your book. I'm sort of like a skeptic in general. I'm skeptical of everything. That's why, like, I'm an investigative reporter. So if somebody tells me, hey, like Alex Mashinsky did, hey, I'm going to pay 18 percent interest. And if you want a loan from me, I charge like as low as zero percent. This is like in the world of traditional finance, a very backwards business model. When you say something like that to me, I'm going to say, yeah, I'm kind of, can you provide some evidence, like what, how are you investing your money? How does this how does this make sense? But I tried to keep like an open mind. And the question I was always asking was, what does your product do when I meet crypto founders? Can I see it in action? Can I talk to your users? Is it being used in the real world somewhere? That's one of my favorite questions, because as a writer, it's hard to write about things if you can't see them being used. And so that took me to El Salvador to see the Bitcoin experiment there. But it also took me to Ape Fest to see what it was like to be a member of the Bored Ape Yacht Club. And I was pleased I got one of the first reviews for the book the other day from Jeff John Roberts in Fortune. And he's, I think, feels fairly positively about crypto. He thought that my take on crypto was a little shallow, but that the book was so funny, he didn't care. And I'm like, you know what? I'll take that. I think we can all enjoy reliving these last two crazy years. And like whatever your take is on crypto, like there are crazy things that happened that we have all just like so much has happened. There's no way to like remember it all. But I have done the work of writing it down so you can go read it. Yeah. Yeah. No, it was definitely it covered the range of events. But let's actually talk about one of the main through lines. And I believe, you know, correct me if I'm wrong, that this was actually meant to be a book about Tether. And because I remember like a long time reading that it was coming out and I think that's what it said. And you kind of keep saying this to yourself that you keep saying it yourself in the book that, you know, you're getting these tips about Tether and you're trying to investigate them. You keep coming up against these dead ends. So before we go into all that, why don't you at least just tell us, so what do you feel were your main findings about Tether and like what were you trying to resolve? So probably old for like most people listening, but Tether is a big stable coin. Each coin is supposed to be worth a dollar because each coin is supposed to be backed by real dollars that are held in a bank somewhere. And I when started out, I wrote like a story for Businessweek about Tether. That was sort of the start of this project. I always thought as kind of like a good jumping off point, I pitched the book as like, this is the craziest financial mania we've ever seen in the world and it's not going to last. And I want to be there to chronicle it. And I see this like interesting central mystery that is going to like take me through. And that was Tether. At the time when I started, Tether said that they had, I think it was around 50 billion dollars in the bank. It was weird because on the one hand, it was pretty widespread to be, and correct me if I'm wrong, if I'm describing what crypto people think, because you probably know better than me, but like even people who are pretty into crypto in when they were talking to me, they'd be like, yeah, I'm not so sure about their assets like this. I don't know what's going on with Tether. This is like a good question to be asking. And it was being asked at like the highest levels of the U .S. government. Like Janet Yellen called a meeting of all the top financial regulators and the topic was like, what's going on with Tether and like, could this affect the world And I just thought it was a little when I started looking into Tether and I saw that, you know, among its co -founders was a child actor from the Mighty Ducks. I was just like, what is this in that the company I write in the book, the company was quilted out of red flags, like in the world of traditional finance, you did never you would never find a company with so many weird things to look into. And yet here it was like at the center of the crypto world. And I just thought it was it was funny to me that the heads of state were discussing this coin that was like dreamed up by a child actor from from the Mighty Ducks. And I was like, this is my kind of mystery. I want to dive in. I'm going to try and find Tether's 50 billion dollars. I see. So, you know, as we mentioned at different points in the book, you do talk about how you feel like you keep coming up against dead ends in your investigation. So what's your conclusion about that fact? Like, do you think it means that concerns about Tether are overblown? Does it make you more convinced that like the company is just really hitting everything really well or like what are your thoughts? Right now, Tether has only grown bigger. Midway through my reporting, I found that Tether had invested a lot of its assets into Chinese commercial paper. And there's kind of like this conflict of interest at the heart of Tether's business model, which is that if you give your money to Tether, you want them to keep it really safe. So it's there when you go to cash in your Tether tokens. But Tether doesn't pay any interest in the way that Tether makes money is they can take the money that you trusted them with and they can go invest it. And so there was this theory that especially when interest rates were very low, they might be doing weird things with your money in order to earn higher profits. And that so I found that they were doing some unusual things that included the Chinese commercial paper and also making loans to crypto companies like Celsius and others. So to me, that seemed like that's kind of risky. What's going to happen there? And as I followed along in the summer of 2022, like crypto companies fell one after the other and Tether did not. And there was even like a little run on Tether where users cashed in, I don't know, five, 10 billion dollars of Tether. And I'm sure if those people did not get their money back, like we would have heard about it. Right.
SI Boxing with Chris Mannix
A highlight from Boxing with Chris Mannix - Joe Joyce-Zhilei Zhang Part II
"There's never been a better time for football fans to join the huddle for all the hard -hitting action with BetMGM Download the BetMGM app and use bonus code CHAMPION200 when you place a $10 pregame moneyline wager on any pro football game You'll receive $200 in bonus bets instantly regardless of your wagers outcome. Sign up now and discover BetMGM's daily promotions, player props, live betting options and more. Download the app or go to BetMGM .com and sign up today to get started. BetMGM and Game Sense remind you to play responsibly and offer resources to help you make appropriate choices. BetMGM .com for T's and C's. 21 plus to wager Virginia only new customer offer. All promotions are subject to qualification and eligibility requirements. Rewards issued as non -withdrawable bonus bets. Bonus bets expire seven days from issuance. Please gamble responsibly. Gambling problem call 1 -800 -GAMBLER. Promotional offer not available in Washington, DC. Hey, can I let you in on a little secret? I'm obsessed with the drop app. Drop makes it so easy to score free gift cards just for doing my everyday shopping at places like Ulta, Sam's Club and Lyft So if you're like me and love a good shopping spree Download Drop today and join the secret club of savvy shoppers and use my code GETDROP999 to get $5 People are excited about what AI will do for them at IBM. We're excited about what AI will do for business your business Introducing Watson X a platform designed to multiply output by training AI with your data when you watch an extra business You can build AI to help coders code faster customer service respond quicker and employees handle repetitive tasks in less time Let's create AI that transforms business with Watson X learn more at IBM comm slash Watson X IBM Let's create the volume Well, we're back with another week of football and DraftKings sports book is keeping us in the NFL action with great offers every single Game day new customers can bet $5 and get $200 instantly in bonus bets Throw five down on any of this week's epic matchups to walk away with an instant winner and DraftKings isn't stopping there All customers can take advantage of two new offers every single game this September So football is more fun when you're in on the action So download the app now and sign up with the code Mannix new customers can bet just $5 to get $200 instantly in bonus bets only on DraftKings sports book an official sports betting partner of the NFL with code Mannix the crown is yours gambling problem called 1 -800 gambler or visit 1 -800 gambler net in New York call 8 7 7 8 Hope New York or text 8 7 7 Hope NY 4 6 7 3 6 9 in Connecticut help is available for problem gambling call 8 8 8 7 8 9 7 7 7 7 7 or visit ccpg .org Please play responsibly on behalf of boot Hill casino resort in Kansas licensee partner golden nugget Lake Charles, Louisiana 21 plus age varies by jurisdiction void in Ontario see sports book draft kings comm slash football for terms for eligibility Terms and responsible gaming resources bonus bets expire seven days after issuance Eligibility and deposit restrictions apply.
WTOP
"seven day" Discussed on WTOP
"Expire in seven days restrictions apply see full terms at FanDuel .com slash sportsbook gambling problem call 1 -800 -GAMBLER traffic and weather on the 8th here's Mary alright Dan may I have a new one on the Bay Bridge if you're heading eastbound watching the brake lights begin if you're eastbound on the bridge span just about mid nothing -span has been reported as of yet but be prepared nothing if you were coming westbound all the way to the Beltway even inside of the Beltway to Northeast Washington the crash that was inbound to go southbound to 295 that crash has cleared from your travel lanes we do have across the Potomac however the George Washington Parkway there is a wreck southbound after the Key Bridge before the Roosevelt single lane was getting by and the George Washington Parkway was remaining closed southbound from the Reagan National access road the airport access road and Slater's Lane there is continuing a crash investigation route one Potomac Avenue a lot of work around so far on an early Saturday on the Beltway we were down to one wreck interlude passing River Road watch out along the left side here too you should have your travel lanes open save 20 % on all long fence decks pavers and fences financing is available for qualified buyers go to long fence .com today and schedule your free in -home estimate Mary to pump the wtop traffic thanks Mary 7 news first alert meteorologist Eileen Whalen hot and humid for this first weekend of summer finally expecting a little sunshine it's gray early this morning with a few showers
Bloomberg Radio New York
"seven day" Discussed on Bloomberg Radio New York
"The PBOC or the seven -day reverse repurchase rate by 10 basis points to 1 .9 percent in other British news chip designer arm limited is in talks with potential strategic investors including Intel this would be to anchor what will be one of the largest IPOs of the year arm is backed by Bank arm is looking to raise as much as 10 billion dollars in its listing in New York later this year elsewhere Fed officials will have their eyes on key inflation data tomorrow in the United States Michael McKee has a preview economists say consumer price inflation slowed in May led lower by falling G and automobile prices disinflation in rent may finally show up holding down the core rate meanwhile base effects high inflation a year ago mean a big drop in overall inflation this year at least that's the forecast if analysts are wrong however watch out higher than anticipated inflation will change nation's for the Fed policy decision due Wednesday in corporate news Oracle reported fourth quarter sales increasing seventeen percent revenue growth was led by Oracle's cloud applications and infrastructure businesses and a boom in generative AI may also boost demand for its cloud technology going forward Oracle shares traded up more than three percent in late trading the shares have rallied more than forty percent this year meantime in upcoming testimony US Treasury Secretary Janet Yellen will cast the IMF and the World Bank as important counterweights to China Bloomberg's Joanne Wong has that from Hong Kong Yellen tell will the house financial services committee the International Monetary Fund and the World Bank reflect American values and that they can counter China's influence in the developing world the prepared remarks Yellen says the institutions provide real resources to counter non -transparent unsustainable lending Yellen will be looking to garner congressional support for US financial backing of those lenders but she's likely to be countered by Republicans and the back -and -forth later today our time could get testy in corporate news Toyota says it's ready to sell electric Bloomberg's vehicles Bonnie owl has more from Hong Kong Toyota's tech chief has laid out plans to introduce 10 new EV models by 2026 and the company has set a goal to sell 1 .5 million electric vehicles annually those are considered ambitious objectives if compared with the 38 sold by Toyota last year Bonnie owl reporting let's check the markets Nikkei rally in 1 6 % the Hengxing index is flat CSI 300 is also flat and right now the offshore Chinese currency 7 16 89 against the US dollar WTI crude 67 42 a barrel global news brought to you by 2700 journalists and analysts in 120 countries in Hong Kong and Brian Curtis this is Bloomberg what I know about hi I'm dr. Kareem Washington formerly of Howard University pregnancy should be a joyous time but for many african -american expecting mothers it can be complicated by diabetes hypertension and or depression among many other health concerns the statistics regarding the morbidity and mortality rates during childbirth are up to four times higher than any other racial group join the fight for safer pregnancies and healthier babies visit the office on women's health at women's health gov to learn more about healthy pregnancies sponsored by the borough's welcome fund courage I learned from my adoptive mom she said sometimes you just gotta hold on and know we'll get through this mom we are so high up hold my hand no you hold my hand here we go learn about adopting a team from foster care you can't imagine the reward visit adopt uskids dot org to find out more this message is brought to you by adopt uskids the US Department of Health and Human Services and the Ad Council from New York another update on Wall Street in fact records to London UK businesses are feeling the effects of higher prices to home call the hang sang down about 1 .3 percent
Discerning Hearts - Catholic Podcasts
"seven day" Discussed on Discerning Hearts - Catholic Podcasts
"Who has made him known. What touched your heart in this time at prayer. What did your heart feel as you prayed? What do you hope to carry with you from this time with the lord? Let us now close with the prayer to the father that Jesus gave us. Our father, who art in heaven, hallowed be thy name. Thy kingdom come. Thy will be done. On earth, as it is in heaven. Give us this day. Our daily bread. And forgive us, our trespasses. As we forgive those who trespass against us. And lead us not into temptation. But deliver us from evil. Amen.
Discerning Hearts - Catholic Podcasts
"seven day" Discussed on Discerning Hearts - Catholic Podcasts
"A time of alexio divina for the discerning heart. The 7th day, in the octave of Christmas. As you begin, take a deep breath and exhale slowly. For the next few moments, surrender all the cares and concerns of the stay to the lord. Say slowly, from your heart, Jesus. I trust in you. You. Take over. Become aware that he is with you. Looking upon you with love. Wanting to be heard, deep within your heart. A reading from the holy gospel, according to John, chapter one, verse one through 18. In
TalkRadio 630 KHOW
"seven day" Discussed on TalkRadio 630 KHOW
"ABC News I'm Mark Rimmel are members of George Floyd's family meeting today with President Biden and Vice President Harris on the one year anniversary of Floyd's death. They marked the day and also discussed police reform. Floyd's brother Rodney, Today is about the remembers of our brother George Flora, Father, Uncle Friend cousin in Minneapolis. People are at the site where Floyd died to pay tribute. The FAA has downgraded Mexico's aviation status, saying that the country does not meet international aviation safety standards. That means Mexican airlines can no longer add routes. The U. S and existing flights will be scrutinized. But Donna says it's trials for its covert 19 vaccine in 12 to 17 year olds shows that it is safe and effective. Today's cover 19 response team briefing, health officials say 50% of American adults are now fully vaccinated. The seven day average for daily covert cases now below 23,000. This is ABC News. Federal judge in New York, agreeing to dismiss an indictment against former President Trump's former campaign manager and adviser, Steve Bannon. Steve Bannon had been among a group charged with defrauding donors of an online campaign to raise private funds for construction of a wall along the US Southern border. Former President Trump Pardon Bannon and the judge agreed to dismiss the indictment, saying it's the proper course. Notably the judge quoted from an old court decision that said, pardon implies guilt. If there be no guilt. There is no ground for forgiveness. Then it's three co defendant still face charges of swindling donors. Aaron Carter SKI ABC NEWS New YORK, Delaware is now the latest state to offer incentives to get vaccinated against Cove in 19, the state announced one vaccinated resident will win a $302,000 jackpot. That number is significant.
WSB-AM
"seven day" Discussed on WSB-AM
"Pace seven days from the day that Mare bottom's made her announcement. Sometime in the very near future. I'm going to make a judgment and I'm going to make it known. At least four people have announced their intent to run, including City Council President Felicia More City Councilman Antonio Brown, attorney sharing Gay and City Council and Andre Dickins. President Biden working the phones following an Israeli air strike that targeted a building in Gaza, where news organizations including The Associated Press, had offices. The Israeli military says the building was also being used to house a moss intelligence Stephen Portnoy, the White House is the president spoke by phone Saturday with Israeli Prime Minister Benjamin Netanyahu as well as McMurdo boss, the head of the Palestinian Authority. It was the second call with Netanyahu for the president this week and the first with the boss since Mr Biden took office. The White House says the president reaffirmed his strong support for Israel's right to defend itself, but that he also raised concerns about the safety and security of journalists, reinforcing the need to ensure their protection. Kentucky Derby winner Medina Spirit cleared to compete in today's Preakness in Baltimore. Despite that failed drug tests following the Derby, the horses now past three rounds of drug testing leading up to today's race. WSB news Time is 503 breaking news firsthand, accurate at the top and bottom of every hour every day. 95.5 WSB Atlantis news and talk when it comes to working at Geico are best advocates are our employees like Michael, But since he is so focused on growing his career, we hired an actor to read his story. If you want a job where you get out as much as you put in Nico is the best place to work..
KDWN 720AM
"seven day" Discussed on KDWN 720AM
"Continues on this seventh day of May, six minutes past the hour new this morning and influential coronavirus forecast released by the Institute for Health Metrics and Evaluation at the University of Washington Projects. 185 Million Americans will be vaccinated against coronavirus by September, but Hesitancy could contribute to a potential winter surge. The H M e team notes that the surgeon India linked to the B 1617 variant is proven transmission can rapidly and explosively. Rise. India reporting 414,188 cases on Friday a new all time high for the number of cases in a day, according to the health ministry. There. Friday, also marking the 10th day in a row. Daily number of fatalities. Has exceeded 3000. Health officials attribute the news spiked a widespread ignoring of precautions. Here it home Modern, announcing that early data indicates it's vaccine is highly effective in adolescents between the ages of 12 and 17. CEF CEO is the famed battle said he doesn't know what the future will bring. But the company is preparing for the Possibility of booster shots. Are these variants that keep popping up? And of course they will. As you said, as you as we've discussed before, they will continue to pop up. What can you do about it? Yes. So the variance between uses some, like the UK variant, no impact on the vaccine. Seven Africa and Brazil. Little, in fact, but still very highly relevant, anybody web of what is required. So we think the current vaccines very protective against those that we don't know what the future is made off. We've announced a few weeks ago that we are developed already and made in simple doctor. Last year, the United in only 30 days. The new vaccine that Be using the boost of single goes boost with the exact full copy off various first identified in South Africa. That mutant, um and we're gonna get this one authorizing the data is good, which we anticipate getting stacks up. Well, um, sometimes this summer, and we are committed to chase any variant of concern. Like Fizer. Madonna plans to apply for full FDA approval of the vaccine this month. Food and Drug Administration's reportedly on the verge of authorizing the Fizer buying tech covert 19 vaccine for Children between the ages of 12 and 15. Little disturbing case out of the South Carolina, where an army training has been arrested and charged with dozens of crimes after authorities say he boarded a school bus with a gun. Authorities in Richland County say the suspect held the driver and elementary students hostage before letting them off. Authorities say Jovan Collazo took off from the base with a rifle and soon after authorities started receiving calls about somebody on a nearby interstate, flagging down vehicles. Allows a reportedly boarded the bus and told the driver to take him to the next town. When the kids got scared and asked if he was going to hurt them. The Suspect had the driver stop now. He eventually abandoned the bus and was later captured by authorities. Secretary of state anti Blinken reaffirming Washington's support for Ukraine at a meeting Thursday with President Valdimir Zelinski in the wake of Moscow's recent troop build up near the border, Blinken told NBC News he assured Zelinsky that the U. S. Would stand with Ukraine against any form. Of Russian aggression. What is your message? Vladimir Putin. Landry. I'm really here in Ukraine with a message for Theo cranium people and for our Ukrainian partners. And a big part of that message is our commitment to Ukraine's independence..
Horror Fictional and True Stories
"seven day" Discussed on Horror Fictional and True Stories
"In my.
Horror Fictional and True Stories
"seven day" Discussed on Horror Fictional and True Stories
"Directions to check on other patients. As if nothing had happened even the nurse with blood on the front office crops walked away attending to a normal cheese. I stood in the doorway staring at james his feet. Protruding from the bottom of sheets like lobes of burning coal. They stuck out motionlessly black and whites and crusted with blood. As i walked into the room. I felt a burning sensation in my nose and the smell of rotten. Eggs sofa overtook my senses..
WGN Radio
"seven day" Discussed on WGN Radio
"Cases in five of the last seven days Backs any vaccine numbers have also improved. Now we WGN sports. Here's David. Well, this would be a nice week to be in sunny and warm. Arizona just couple days ago May a couple days away. Major league pitchers and catchers who are already there are reporting to spring training first workouts. For battery men of for most major league teams, including both Chicago teams set for Wednesday and the full squads a week from today, The Bulls hit the road for three games. Playing tonight at Indiana. The Blackhawks have six straight on the road, Detroit Carolina and Columbus on this trip. First up the Red Wings tonight, six o'clock pre game 6 30 face off here on WGN. With the Hawks playing tonight. Blackhawks Live will move to tomorrow night at seven w g. M. Michael McDowell wins the Daytona 500 Daniel Berger Find around 700 par 65. When the Pebble Beach pro Am Jordan speaketh, the third round leader finished tied for third, three strokes back David it w GM sports Now the forecast from the Perm Asieh Weather Center. A winter storm warning for Cook County and Lake County, Illinois, until noon tomorrow. Winter storm warnings for the remaining counties until 9 a.m. tomorrow. Windshield advisory. Fires at noon today, upwards of a foot of snow in some places, and maybe even higher amounts Closer to the lake With Lake effect. Snow Heiner 13 today expect a lo of 11 tonight. Near 19 tomorrow. Windchills attend to 20 below zero Right now in Chicago. We have cloudy skies at the lakefront right now With some snow. We see a temperature of seven degrees at midway some light snow in five. It's partly sunny at O'Hare right now in two and the wind chill is minus 18. Your money on.
The Bone 102.5
"seven day" Discussed on The Bone 102.5
"That event was hosted by a bat like I'm talking bad about me. No, I'm gonna do with my work Children upside down. My thing is they were they were honoring black Music month year. The ox. And all the workers who did something with this corona virus thing. Uh, s so they don't get it, man. They don't get it. Hearing a whole another country. They heard black history month. Off course we dress up like black people in Booga Booga Booga booga, where they talked like that, too. Well when they try, and I think their heart was in the right place. Do you think I got some of press people to man? This is China, you said, right? Yeah, so Chinese culture you like they're so into it, and they only know their culture and they only know like that side of the world's culture that like you said, they're whatever black person goes to China because I remember my cousin went to China. There are like so fascinated with. Oh, yeah, you know, they don't get it s Oh, that. Yeah, like you said. They mean well, but they just don't understand. But it also could have been Mrs. Word up more. Oh, Marsh. Omar's too They say, Okay, we're honoring this culture people right here. And these culture people and these culture people. I mean, they all look the same. So they said, Okay, we're going to show you that we're doing the black people. So who is who is Omar? Omar EPPS over more good. Now you're talking here when somebody like that they all just like, Oh, my up s anymore, So I don't know if that's right or wrong with that any right there, people all got it. Wadded up because of the Chinese people Did that Don't hole up here. If you reverse this, I'm going on Chinese people they don't get at least they're trying. But you know, if you if we reversed in awesome Chinese stuff you write, get it. We know we know Making fun of them is making fun of them when we doing it, But if you're trying to honor them, like putting what is it camo knows? And that's probably Japanese is I'm not gonna even do. I'm not even gonna do what people do, you know, but Yeah. Yeah, but if we like put on like a Typical Chinese dress. Herb garden. Yeah, Garber, whatever like is that is that kind of offensive? I think that's pushing it, bro. As far as you can go is a G. Like a karate thing. You wear one of those, but that's about this part. You can. I won't even let you wear the kamikaze headband. How do you know how you know that Daniel? Son? You know, I'm I'm portraying summer rocks on Ninja Samurai. Yeah, Same around. You don't need to portray that. Yeah, don't betray their You know, between us just to walk around with it and keep it to yourself to be. Oh, throwing them to stop. But don't let us turn around and see you looking like a ninja man. Don't just throw the stop way Got in this thing J r. We got way. Got one more for each other. Okay, good. You got plenty of time. Not a flaw. All right, Let's see. You know what kilometers that's actually a good thing. I don't want to do a samurai sword one. Let me see, Uh, believe Spike got a whole room full of karate. Give Karadic years like knives. Samurai swords, nunchakus numb. Children like to say that Kitano's I'll say I have a pair of I have a pair of rubber numb chucks. Really is in practice because I'm learning and rubber ones are very forgiving ups at the back of my head. Oh, yeah, one of these days I'm gonna need some real was it. I ain't quite got that behind the back. Move nailed down yet. Honestly, if you're coming at me with some nunchucks or a gun, I'd be more scared than nunchucks. I'm laughing at you coming in or going numb, Chucks, man, That's all. I gotta do a seven day Like I do is connect One time in 2021. It'll feel it'll be what what if I could get two on you? Yeah, that's two nights two nights, right? Yeah, He's just walking around, hoping you'd be talking about somebody's gonna pull out your num Chuck. So Man. I wish somebody would. I'd break a stick and pass string on it again. I'm sorry, dear. But you have to go to a karate movie. And when you leave the movie used Thank you know karate is hope. Somebody attack you. When we were little ways to go way to go to the Bruce Lee movies and walk out of the movies is walking home sideways just hoping somebody will attack this because we were so ready to talk talk. Yeah, really thing to get told out of somebody you are S O. This is actually a story That's actually a crazy story. Um, it's not like a news article or anything like that. It's kind of like one of those red it posts on, then love red and interview. Yeah, I want to do more of those because there's a lot of crazy stuff that goes down and read it. So Unfortunately, it's a gentleman and his wife, So my wife has multiple sclerosis is now on bad way needing a lot of care. Um s O Her daughter is a single mother and came to live with us with her little boy almost a year ago, So my wife is 61. I'm 63. So I'm talking in terms of the husband. We had a great sex life. And so she got really sick. We're at a stage where she no longer wants to do anything Sexual with me. We used. We used to have sex several times a week and now not for more than six months at a time. My wife has watched how close I've become with her. Her daughter, my stepdaughter as we share the workload of caring for her, her daughter's 30. And her and I have some sexual chemistry between us. Oh, yeah. Now you know where this is going, Uh, s oh, my wife's daughter was badly treated by our acts and my wife keeps saying to me You will look after her wants you. She needs someone genuine to take care of her. My step daughter is sleeping in the spare room and her son is in the box room. And now my wife. Is he even suggesting that a daughter and I showed the spare room together? What do you guys think about that? There's not blood related, right? Yeah. Step step daughter and Oh, and so they have good chemistry. Yeah, but Mom broke down and I'm sorry. She's she's not doing well in the other room, and she said she'd give me she giving the thumbs up. She's giving them and she's giving him the green light side, you know. Hey, look, I can't satisfy you. But my daughter, can my you know what I got No problem with, uh, you know, I mean, the daughter is kind of You know, they don't to be determined. Yeah, kind of young to be German. For sure. This'll is a great dying lady. Yeah. Come with a lot of other people with that this way. Yeah. Least you know what's gonna happen after you die. You don't have to wonder Quest. My father. She does. She's given him the OK why she still breathing, right? Yes, I was like she's she's saying, Hey, look, you know, as your wife I cannot sexually satisfy you. But what I could do is, uh you know, offer you my daughter and she could she could, you know, fulfill whatever I can't so She's old enough. She you know y'all have chemistry. She looks like me s. Oh, it's not that far fetched. I would've took this another way. I've been like, Look, I'm sick. I can't sexually satisfy you. But you can sexually satisfied me true. I mean, who? Who's sick here? Yeah, this is true. Uh, yeah. I don't know what I'd go with that out. I mean, even even if he wait till she passes He goes, okay. She said it was okay. It's still gonna be just doesn't look weird. I don't think I could do it. Yeah, I mean to me like I think if you are a father and you raise that stepdaughter for for many, I say like there's like a cart off day like if you raised her for like, more than five years in this creepy Well, what if y'all in there getting it on and she passed away in the other room, and y'all could have saved her? No, no man in they're gonna need some counseling..
710 WOR
"seven day" Discussed on 710 WOR
"To 8 p.m. seven days a week and will be open on Lee to qualified Bronx residents. Bronx has for weeks had the city's highest positivity rate. There's room for 15,000 appointments in the vaccine hubs first week of operation, despite the protestations of Republicans, who say President Biden wants everything in the covert relief bill his way White House says the president's door is wide open for discussion. Here's press secretary Jen Psaki, There is agreement that it's important to work with many Republicans and Democrats who've fallen different, different Parts of the political spectrum to put their ideas forward and consider them and that's part of the conversation and part of the process now happening on the hill. And there's word today that Democrats will hold a vote tomorrow on whether to remove Republican congresswoman Marjorie Taylor Greene from her committee assignments. Green has come under fire for embracing conspiracy theories and for allegedly supporting violence against Democrats. She currently sits on the education and budget committees. The House resolution would require a simple majority to remove her from those committees. And we'll put GOP lawmakers on the record on whether they support Green or not let special Z ABC News Washington and the news is brought to you by Compassion International. It's a new year. But for kids in poverty around the world, things are still desperate. Join compassion International with your one time $40 gift to provide a covert relief kid to a family in poverty. Text the word Give 283393 that's give 283393 On we go now. Adrian wants and she has a look. A W O R favorite. Thanks, Jeff. Biggest delays Still in New Jersey. Eastbound route 78 local lanes by Bergen Street in New York. A crash stick with the express lanes or route 22. If you're heading eastbound 46 westbound, heavy to route 80 and Parsippany that is construction. Westbound. 80 is better right now. Westbound Cross Bronx still loaded Westchester Avenue to the bridge. After your heavy both ways in the area of the sixties, and he's found Belt Parkway before Bay Parkway and accident still being cleared away..
The Erick Erickson Show
"seven day" Discussed on The Erick Erickson Show
"I don't know where the i don't know where they get the votes. Nancy pelosi decided to hold onto the resolution And wait potentially until georgia certifies. Its elections so that wore knocking off can be seated now. That may happen this week. full certification. They gotta do recounts and Certifications all that had to count military ballots so warnock. It also could possibly be seated this week that still though leaves the republicans in control of the senate. Why because mike pence will be vice president and because pinch will be vice president the republicans will have a fifty one fifty senate And when you get to fifty fifty with cobble harrison sworn in on the twentieth then suddenly it becomes a fifty one fifty democratic senate. And then god forbid somebody dies or resigns early. you're going to have squabbling over over reapportionment and not reports but reports of committees and all that sorta stuff all sorts of wild cards could have joe manchin what he's which i don't think joe manchin which is parties by the way there's a lot of you know the last time this sort of stuff happened. there was all sorts of speculation would mansion switch would mansion switch mansion. I think is not gonna run again just given his age and west virginia but if mansion were to switch or step down. There's a republican governor of the state is over republican. They could appoint a republican sitter. That would switch the senate back into the hands of the republicans and mitch. Mcconnell events changed things you never know. it's one reason by the way in the senate where they get to these points. Why oftentimes there's a lot more behind the scenes. Camaraderie what you see in person on the cameras. Kind of a dog and pony show to try to play to the bases on both sides and behind the scenes. There's way more camry all the time. you'll talk about republicans interacting with schumer of the hallways I it's it's much more of a behind the scenes collegial organization. There are some who really dislike each other but a lot of them tend to get along. A josh. hawley is kind of isolated right now for even his republican colleagues Kind of overplayed his hand. Ted cruz was there at one point and has come back into the fold but by and large there there's cross party broderie behind the scenes and events changed things and they know it but it's gonna be interesting to watch others. Vote happens when it happens. Pelosi holding onto the impeachment articles She's not saying windshield. Send him to the senate but it's happen and the vote for the impeachment will happen here in just a little while before the house..
The Erick Erickson Show
"seven day" Discussed on The Erick Erickson Show
"Glad to have you with me this wednesday. It is six after the hour. Let's get started blue skies outside. I'm so glad by the blue sky these last couple of days now. I don't know where you're listening to But these last couple of days here in in middle georgia it has just been dreary. We had rain come through monday. The clouds around on tuesday. It's just nice to see blue skies even though it's a little cold outside We're is it right now. It's forty highs going to be fifty four here in making today. Just just yikes right now. athens's thirty six blue ridge. Thirty clarksville is forty three dalton. Thirty six rolls thirty four valdosta forty five ideal. Jawa forty three a man. It's thirty nine degrees in las vegas. Good gracious Of course it's still like like earlier there but in any event it's just it's been cold and dreary and at least the sun is out today. So i i. I've a buddy of mine. A member of congress wrote an op. Ed in the wall street journal and i feel guilty every time i start to read it. There's there's a level of shame in me read the story. It makes me feel like a hypocrite. I am We are all hypocrites in our own ways. We're all sinners but so chip roy. So one of the most outstanding members of congress He you know he's he's actually a longtime friend of mine. His wife He's he's way better golfer than i am. Way better And just an all around good guy from texas. He's so strong on conservative issues. He's willing to stand up to his own party. Would he needs to over these issues and he put an op ed. In the wall street journal they ran with it. And let me just read you part of this. I'm suspending my use of twitter facebook and other social media. I'm doing so not to make a political statement but in the hope that america can return to kitchen tables churches taverns coffee shops dancehalls. That's a texas thing. Whatever it takes to look others in the eye and rebuild our community and our humanity as a husband and father. I also wanna stop spending so much time. Looking at a screen and reacting in ways that are inconsistent with who i am and more importantly who i strive to be as christian while social media has proved a useful vehicle for sharing information quickly. I have concluded that it does more harm than good to individuals and society alike. It tips us to be reactive and feeds the worst of our human tendency to respond in anger. Rather than to stop and think before communicating the result is more verbal combat unless deliberative thought all with language. We often whitten us. While looking someone in the i i have been guilty of this recently and i haven't always been proud of my language. It reduces the value of communication to statements graded by lights or being ratio d- or other mechanisms that don't reflect real human response or quality of thought. It makes it difficult to ascertain the truth about the mini difficult topics with which we all wrestle. We have replaced ernest truth seeking with trial by retweet. Meanwhile those who may consequential decisions such as issues involved impeachment covert and election. Fraud often do so based on assertions that are difficult to confirm or deny it has politicized communication to an unhealthy level widen divisions rather than bridge them and fed the temptation to call for censorship of us. We find disagreeable eighteen months ago..
The Erick Erickson Show
"seven day" Discussed on The Erick Erickson Show
"Happening in the country. Donald trump was chosen by the republican base. Really debris the gop. And he's now done it for sure. There will be a new third party because about access. i wouldn't suspect but The republicans are probably gonna wander for a while The president has has really alienated people from the party. The suburban upper income white college educated voters who would normally vote republican are drifting away at alarming rates. Blue collar workers are coming in quickly. hispanic and black voters are coming in slowly. But they're coming. We're seeing a great realignment happened. That's part of what's going on right now. Is it is destabilizing and frustrating and and discombobulating and you've got a old allies or now opponents friends now he'd each other. It's sad that politics are to the way of people's lives. It should be such a small sphere at our lives and has become disproportionate as people trade religion for politics but the bottom line of the industry. I don't think the president gets impeached. I don't think he does. I mean he's gonna get impeached. He's just not going to get convicted. I don't two thirds of the senate to do it. I don't think there are going to be enough. Republicans who will go along with it. Which kind of opens things for the president It because it. He becomes the only person impeach twice in a single term. He will get more members of his own party voting against him than any other president including bill clinton he will liz cheney the number three in the house will be the highest ranking member of a party to vote to impeach the leader of her party. And then you're going to get the squabbling and this is the other thing that i find very fascinating. The squabbling is you're going to have a bunch of people who support donald trump looking for leader because it is increasingly obvious to a lot of people other the most diehard trump supporters that. He's kind of damaged goods at this point so do his supporters. Were not the diehard cult personality supporters do that go with don jr. go with their trump to the go with josh hawley to the cruise. Do the go with someone else. Where do these people go or do they just stay home and say pocket on all your houses i've done and a lot of them will and and you know there are some members of the republican party who are now talking about rose bushes. You gotta trim arose but you gotta prove rose bush to get better stronger. Roses and some republicans have never wanted to be in a coalition with these people. Anyway they don't understand them. They're not sympathetic to him. And i think they should be. But they're not and they're just like you know what we would approve prude. Bush gonna make the a stronger better bigger. You gotta prudent. You've got to subtract in order to grow the coalition. that's out there. That's that's one of the things being talked about I think there are a lot of republicans prepared to wander the wilderness for a little bit. I mean you've lost. The senate and the next two years is going to be even tougher set of elections for the gop. David captured the senate so they could be wandering for some time out of power with the.
The Erick Erickson Show
"seven day" Discussed on The Erick Erickson Show
"Who is throwing lightning bolts. Why are there certain. Little flowers by streams will because narcissus like to stare at himself of the water so much. He stared and stared and turned into a flower. Why do the seasons happen. Because demeanor the goddess of the harvest. Her daughter was given to to haiti's to keep him in hell and in this fall she would descend to hades. In the spring she would rise from haiti's to go back to spend time with her mother to meter the goddess of harvest. And and the the flowers would spring forth in the spring with the rise of percents. Go back and die. Off as demeanor became sad in descended back into haiti's what is happening here is a lot of people have begun to engage in idol worship and they don't even realize it. They've traded the creator of all things for a creature as they give that creature deity status. And when you think about it. I think of the claims that some of these people are making about the president that the president is out smart. Everyone the president knows the way things are going. He's maneuvering he's revealing He's letting truth being on these are the things you talk about. A messianic things You've got people who believe that. He's the new cyrus leading people to the promised. Land you've got these things when they talk about the president of these terms i'm specifically talking about the conspiracy theorist they give him a level of mri clarity. He reveals truth like christ saves people like christ. He's leading us into a new era or promised. Land christ there is this this fringe conspiracy element and they stream these things together and they create a new mythology because they've traded the creator for creature. They've got a trade theology for mythology. To explain the way the world works they are inventing a new cosmological nell. Cosmology is a fancy way of saying the theory of creation. One of the things that gives judeo christian culture such credibility in reality that may be. Maybe this is. This is when you read genesis. one which is attributed to moses. You read a cosmetology a theory of the krisha. The universe that is divergent from every other religion on the planet at the time. What moses says is not that there are multiple gods but that there is one god and he created everything. Moses was a prince of egypt egypt. Moses was raised in the egyptian pantheon of gods raw cyrus A not not was it..
710 WOR
"seven day" Discussed on 710 WOR
"Seven days of receiving those doses. Some health care workers in Newark today receiving their second and final dose of the visor vaccine. Governor Murphy was on him. This is a big day because we're back. This is three weeks, right? Yeah. All right. All right. Just goes to show you how this is gonna go through the whole system. Corona virus has sprung and re sprung back to life across the U. S. And another surge is now expected. Because holiday travel numbers are now coming in between December 18th in January 3rd the T S A is reporting close to 18 million people went through security checkpoints at U. S airports. That is way beyond what had been predicted. 3.3 million went through just this past weekend. All that movement worry. Scott, Brick knit and nurse had Cedars Sinai Medical Center here in L. A. Who says his teams are already overwhelmed and can't take another spike in cases like treading water from 100 FT. Below the surface. We're already drowning. But you just have to keep trying, because that's what you conduce like Stone ABC News Los Angeles Brooklyn Subway Station has been the site of repeated assault. There have been five attacks on women at the same East Williamsburg subway stations since November. On Saturday around 10 P.m., a 26 year old woman claims a man pushed her against the wall. Punched her in the face and took off Benny Watts was I deed by an alleged victim and arrested last Wednesday in connection with fourth similar attacks at the station. By Friday, he was released, but it's not clear if he's connected to the Saturday attack. Alice Stockton Rosine e. W. O R news and then he was brought to my national really learn the insider method for obtaining 18 to 21% targeted returns on prime building locations forecast.