40 Burst results for "Washington Dc"
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-21-2023 13:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. She is a senior media analyst at Needham & Company. She's based out in LA, so certainly feet on the ground. Coming up, sound on with Joe Matthew from Washington, DC. That starts right now.
CRYPTO 101
Fresh update on "washington dc" discussed on CRYPTO 101
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The Bitboy Crypto Podcast
A highlight from Interest Rate Hikes FINISHED?! (Crypto War NOT Over)
"Welcome to Discover Crypto! It is September 20th. It's 11 .30am. How are we all doing? We got Drew and AJ on the ones and twos today, folks. We're going to talk about the Fed. We're going to talk about what are they going to be saying with the interest rate hikes. And also we're going to be talking about Bitcoin and other cryptos. AJ, how are you doing today? I'm doing great, man. Another day in the life. Let's get it. Drew, how are you doing? Oh, just great. You know, can't complain. Well, you can. You can. You complain when you get home. You'd like, you know, just really vent to your two -year -old. Yeah, that's where I do it. Deezy, did you see the tweet that went out yesterday about the show I'm doing with from George from Cryptos R Us? What? Yeah, yeah. Yeah, he's with Blockchain Boy and Neutron. Joshua Jay. Yeah, yeah, yeah. Yeah. So we're all like, it's for crew, like, plus, you know, and basically we're all doing something different. I believe, like, Josh is doing like a news kind of show and Blockchain Boys. I'm not really sure what Blockchain Boys doing, but I know the videos are going to start coming out here pretty soon. We're still like brainstorming my concept, but I have a really good, like, rough idea of what I'm doing. But it's going to be really interesting to see how, like, where this goes. And I'm just fun to excited to do something different, you know? And I'm excited. We got Frankie Candles doing the charts today. I see Frankie getting ready in his neon square. He's in his, like, little neon area. I don't know if, oh, he can hear me. He's showing some recognition and anticipation of what Deezy is going to say next. Yeah, we saw the Donald Trump Jr. tweets. It looks like he got hacked. Also, Rob, you're popping it. Hey, we're going to see you back. Can't wait till you come back. All right, let's just get right into crypto. Marc Kepson's Drew is done. Am I too tall? Am I too tall? Too tall for the camera? Look, I got to stand. I got to do these shows a lot, you know? I take the shoes off. So I shrink, you know? They come in. I'm like 6 '11", and I take the shoes off. Then I drop back down to 6 '3". I got the Tom Cruise lifts. All right, Bitcoin is falling a little bit, folks. We were in the green this morning when I first woke up. Now we are down 0 .6%, and Ethereum is down 1 .3%. But XRP looks pretty good. XRP is up. It is up 0 .8 % on the day so far. Meanwhile, Cardano, I woke up this morning. It was up, but now it's down. It is down 0 .7%. Dogecoin down 1 .3%. TonCoin finally cooling off a little bit for the week here. It is down 1 .2%. Litecoin has taken a little bit of a beating, folks. Litecoin is down 5%. We talked about Litecoin a little bit yesterday on ATB. I highly recommend you check that out after this stream. All right, let's look at the top gainers. Then we're going to look at the top losers. You know, I have a streak of keeping my coins in the losers, but not today, folks. I'm feeling good. In fact, maybe I'll have a coin in the top 10. Who knows? All right, here we have Caspa leading the way. Caspa is just on fire, folks. The people who bought Caspa at $0 .01, $0 .02, looking good. Just put in a higher high too. You got past that last one, yep. All right, we are now above a nickel, and it looks like maybe price discovery mode for a Caspa. XDC is up 4 .3%. Maker is up. Radix is up. Aave is up. I have a coin in the ties. A little Solana. I think maybe I have some Arbitrum. Maybe. I'm not even sure I have to check. Then we have, you know, XRP is up 0 .8%. We got gold. Gold's moving to the upside. The graph moving to the upside, even though Bitcoin and ETH are down. Okay, so it's not all blood in the streets, but hopefully, it's not going to be blood in Deasy's wallet, guys. And again, I promise you, I do not check this ahead of time. I kind of like being surprised. I like discovering it with you. So let's discover cryptos, Deasy's coins in here. I'm looking good today. All right, I don't know how long the streak has been continuing. I don't know when's the last. I think I last held Litecoin in 2021. Never had Thor, Phrax, eCash, or I know Frankie likes to trade Adam. I like to trade Eve. So maybe we'll talk to him about the Adam is falling 4 % here. Litecoin down 5%. Thor chained down 5%. Any of these coins, you know, peak it. Well, if you go at it, I do have two in the top 10. I got two in the top 10. Just, you know, just to make it feel good. But any of these screaming at you here? Yeah, Thor, Litecoin, Phrax. Not surprised really to see. I mean, everything kind of came up yesterday. I'm still kind of sticking to the theory that the pump we're seeing could possibly be a bull trap. I think, you know, when we get into the FOMC news, the pauses that is likely coming is going to be bullish for the sentiment. I'm just still like kind of macro worried based off of the stock market sharks. Actually, the Algorand, you know, down 2 .8%. That one's kind of obviously yelling at me a little bit. I have a theory coming up, but I'm not going to say it right now. But I'm making a video about it, about Algorand. So stay tuned for that. OK, so you're going to create more? I'm going to create more. I create more crypto content every day and some of it's about Algorand. But I like how it's a period. Create more. No exclamation point. Just create. It's more like create more. Oh, OK. Great. More. Great. Great. Yeah. All right. Well, we're going to create some stories here about the feds. What are they doing? I don't know if we've ever had an article from this news organization. ABC. Shout out to Mickey Mouse and the Disney crew here. Fed to decide on a rate hike. Testing optimism about a soft landing as inflation rises again. Upon announcing the Fed Reserve's latest rate hike decision in July, Jerome Powell spoke out a lectern in Washington, DC for a half hour before he dropped a bombshell. The Central Bank staff has abandoned its forecast of a recession. Staff at the Fed, in other words, now expect the Central Bank to achieve a soft landing, an outcome in which the US brings down inflation while avoiding a downturn. Inflation has ticked up for two consecutive months, reversing some of the progress made in the effort to bring price increases down to normal levels. Meanwhile, oil prices have soared, threatening to push inflation even higher. Well, they got like moving ads. Whoa, whoa, what's going on here? Calm down, ABC. Economists surveyed by Bloomberg expect the Fed to leave its benchmark interest rate unchanged, affording policymakers time to weigh their next move as a rapid series of previous rate hikes take full effect. I was looking at Caleb Franzen's tweets. We're at 99 % on the prediction market unchanged today, right? Have you been looking at the, when is the next one? Is it November? I can pull the calendar. I'm pretty sure it's the end of October. I think it's like maybe on Halloween. Let me double check. Oh, on Halloween is going to be spooky. Okay, Drew, are you going to give out candy this Halloween? Absolutely. You know, but actually I'll be doing candied apples. Okay, I'm going to be giving out pamphlets on inflation to children. Yeah, you know, you could have got Reese's pieces, but blame Jerome Powell. You can take advantage of the time and the season to teach your children about tax. Tax them. Like attacking kids for their pillowcases of candy? Taxing them heavily. Yeah, take 33 % of every Snickers bar they get. That's right. Yeah, that's just the way it is. Why wait? Welcome to America, you know? And yeah, the next FOMC is October 31st, November 1st, so. Okay, okay. October 31st. All right, all right. Halloween, what's Jerome Powell going to dress up as? Alex from A Clockwork Orange. Pat, do you want us to dress up on the channel? I might be willing to dress up in a costume. I might be willing. You know, every - I could break out the green spandex, go old school. You know, every Halloween, AJ disappears and a Mr. Meeseeks just shows up. Okay, I heard existence is pain though. Existence is pain. We're not fumbling around for meaning here, Deezy. All right. Well, I'm fumbling around for this rate of inflation. It eases slightly 6 .7 % despite the oil prices surging. You know, like we said, I think the oil is going to be a leading indicator, so inflation will trickle down from the oil prices. If you want to think about it, it's going to cost more money to get those bananas to drive from point A to point B because they're going to have to spend more in the gas tank. This is going to be - It's just give it a while, let it roll out to the rest of the economy. Namely, food. Oil prices really, really like to impact food prices a couple months down the line. Well, we're looking at the ONS as the Office for National Statistics, and they said the consumer price index measure slowed in the 12 months to August from the 6 .8 figure reported the previous month thanks to food rising at a weaker pace during the month compared to August 22. During the X minute, I have a tweet about Canadian food prices, and I just kind of look at where they've gone over the past 20 years. It is shocking. It is shocking. I used Bard. I was like, this doesn't feel right for the price. I went to a Canadian grocery store, and I went low. I went low. There's expensive eggs and cheap eggs. I typed in the cheap egg price. It was still very scary. All right, well, we have predictions. Jerome Powell's got his ideas. You notice I was thinking about this BlackRock. What is BlackRock thinking about all this? BlackRock and others predict the Fed's next move. What does it mean for Bitcoin though? According to Marilyn Watson, is a BlackRock's head of global fundamental income strategy. The central bank's federal funds target rate will remain roughly the same until the end of the year going through its September, November, and December meetings. For the record, I think the economic data has consistently surprised to the upside, she said. That includes GDP, the unemployment rate, and the labor market. Beware, beware of recession. The analyst has previously argued that Bitcoin's price is macroeconomic determined by conditions, including its four -year cycles, which I am still a firm believer in for this cycle. Might be less of an effect of the previous one, but I'm still a believer in the four -year cycle, going to push Bitcoin to the new high. I do think we'll set in a new all -time high. I don't think we're going to hit a quarter million dollars in two years, but I think we're going to flirt with $100K, which they do not believe are related to the Bitcoin halving. So they're saying the four -year cycle is not related. I don't know what they're saying here. Risk assets go lower in recessions. So I'd expect Bitcoin would not perform well in that environment. It has not seen a real recession in its existence. It was birthed out of a recession, but yeah, hasn't really gone through one from the beginning stages to the end there. Yeah, there's never been a Bitcoin bull run during a phase of quantitative tightening. We've always been quantitatively easing the money supply anytime Bitcoin goes up into the right. And that obviously is what it takes. I think they're kind of leaning into if we're in a recession, and that lines up with the four -year cycle. But just so far, we're three for three with the having idea playing out. And the trend hasn't broken yet, so that's why I always say sticking to November 25 as a benchmark, but that's just a benchmark. It could be behind that. It could be in front of that. We don't have a crystal ball, but we can go off the pattern that we've seen before. All right. Well, speaking of quantitative tightening, we also have calfskin tightening, the tightest calfskin in the entire world. I don't care if you have a baby cow jacket for an extra small on an 800 -pound man, there is no tighter calfskin than the man I'm looking at right now. That is Frankie Candles. Frankie Candles, welcome back. How's it doing? Does it feel good? It feels good. The calfskin is tight, and so is Bitcoin's price action. But yeah, I don't want to waste time here. Let's go ahead and jump right into the charts here. Now, here we are. Now, obviously, I talk about this all the time. I don't typically trade on newsdays like this. It is usually a complete washing machine. Usually the shorts get wrecked, then the longs get wrecked, or the longs get wrecked, and then the shorts get wrecked. So I don't typically trade. Now, I am in a few trades right now. I am in this Bitcoin long right now. I have profits locked in on this trade and my stop loss is at my entry. So kind of how I am playing this today is I'm going to be holding my long. I am long from about $25 ,000 to $50 ,000 just below this range. And again, I have taken profits on that stop loss at break even. And then I am also in a short position from somewhere up here. I am slightly in profit on the short position. So I am long up and now I am in this small short position that is in slight profit. However, this is kind of how I'm playing this today, DZ. Because basically, like I said, I never recommend people trade on these newsdays just because of the complete unpredictable volatility that you're likely to see. Now, the last FOMC meeting, I believe, was on the 25th, 26th of July. I believe someone could correct me if I'm wrong on that. But we actually have seen a few FOMC meetings where we didn't really have too much happen. And I've been telling people that we are likely in that kind of boring accumulation phase of the bear market. A lot of times, if you go back to at least the 2017 or 2018, 2019 bear market, we had that bear market rally. And once we topped off at that point, we kind of just bled out. And for the most part, if you kind of just ignore this panic wick from March of 2020, which was obviously a Black Swan event, we kind of just wiggled sideways. We got that big bear market rally, we topped off, bled out a little bit, and then we just kind of went sideways again with the exception of that panic wick. And I do think we are in somewhat of a similar situation here where the rest of this bear market may not be the most exciting thing ever. But for today, basically how I'm handling this, DZ, is I'm going to be kind of...
WTOP 24 Hour News
Fresh update on "washington dc" discussed on WTOP 24 Hour News
"Listen on Apple CarPlay or Android Auto brought to you by Navy Federal Credit Union where members are mission the visit navyfederal .org insured by NCUA the WTOP Charity of month the is the Leukemia and Lymphoma Society join LLS for light the night this October as they Southern Frederick Baltimore Rockville Reston and Washington DC to bring light to the darkness of cancer you won't want to miss this family -friendly evening in memory and in honor of those who have been impacted by cancer blood learn more at light the night dot org slash mid dash 80 for more information visit wtop .com search charities they were so happy who was I just asked Allison's parents for their blessing to pop the question on Christmas Eve well we better get going uh where to Dominion Jewelers you'll get to work with a designer to create a ring unique to your relationship really I told you Dominion Jewelers is where you design the ring that says you're the only one for me and this ring especially for you handcrafted custom design jewelry Dominion Jewelers in the heart of Falls Church we make it beautiful you make it yours by appointment only this is wtop we know a
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.
Bloomberg Daybreak Europe
Fresh update on "washington dc" discussed on Bloomberg Daybreak Europe
"Efforts Sachs Stock Exchange and pile warns JP up UK and Morgan firms both not warn to risk their value news us billionaire ken griffin is said to be joining a bid to buy the telegraph newspaper That's all straight ahead on Bloomberg Daybreak Europe. On DAB Digital Radio London. Bloomberg 1130 New York Bloomberg 99 .1 Washington DC Bloomberg 1061 Boston Bloomberg 960 San Francisco Cirrus XM channel 119 and around the world on Bloomberg BloombergRadio .com and via the Bloomberg Business App. Good morning from London. I'm Stephen Carroll and I'm Caroline Hepker. Welcome to Bloomberg Daybreak Europe. the On markets treasury yields continuing to push higher the 10 -year yield hit its highest level since 2007 yesterday up another two basis points today to 4 .55%. The 30 -year yield also rising further up 11 basis points yesterday today another two basis points higher to 4 .67%. On equity markets we are seeing the MSC Irish Pacific index down seven tenths of 1%. The Nikkei in Tokyo's 1 .1 % lower. The Hang Seng 8 tenths lower. Chinese property shares in focus there again they're falling too. Euro stocks 50 futures their are in add as well down a quarter of 1 % FTSE 100 features a tenth of 1 % lower. Now to our top stories the the trouble Chinese property developer Evergrande says its mainland unit has defaulted on a 4 billion yuan that's 547 million dollar
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.
Bloomberg Daybreak Asia
Fresh update on "washington dc" discussed on Bloomberg Daybreak Asia
"Were two things our enemies never wanted us to have they never wanted us to have a strong military and they never wanted us to be energy independent let's be energy dominant that's how you defeat China she is Nikki Haley the former governor of South Carolina also a 2024 Republican presidential candidate in conversation at the American Energy Security Summit with Bloomberg's Alex Steele we'll take a look at a few of the hour's top business stories that's on the way and this is Bloomberg broadcasting live from the Bloomberg Interactive Brokers studio in New York Bloomberg 1130 to Washington DC Bloomberg 99 .1 to Boston Bloomberg 106 61 to San Francisco Bloomberg 960 to the country Sirius XM channel 119 and around the globe the Bloomberg.
CoinDesk Podcast Network
A highlight from MONEY REIMAGINED: CBDCs Unleashed: Changing Finance for All!
"You're listening to Coindesk's Money Reimagined with Michael Casey and Sheila Warren. Hello and welcome to Money Reimagined. I'm Sheila Warren. A reminder, you can listen to us weekly on the Coindesk Podcast Network or wherever you get your podcasts. And we'd love to hear from you. Tell us what you think. You can email us at podcasts at coindesk .com with the subject line, Money Reimagined. I'm in Washington, DC this week at the Congressional Black Caucus Foundation's annual legislative conference, which is taking place at Walter Washington Convention Center. The theme is curing our democracy, protecting our freedoms, and I am extremely grateful to be invited to participate in this event. But our topic today is much broader than that. I'm joined by Carmel Cadet, who's the founder and CEO of Mtek, which is a New York -based fintech startup with the goal to rebuild central banking infrastructure for the Web3 era. Now, Carmel and I have had the opportunity to speak many times in the past, including when she was instrumental in developing the world's very first national digital currency, the Bahamian Sand Dollar, which many of you will be familiar with from discussions we've had on it on this show. That was her first big government project. But since then, she's signed on six other central banks in the Caribbean and Africa and has plans to onboard more to their platform and their regulatory sandbox design offerings. I'm really looking forward to Carmel joining me today to talk about the advances in central bank digital currencies and CBDCs, particularly how they're being used by diaspora populations and how we're thinking about this opportunity and this technology in spaces that don't necessarily get the attention of groups like the Bureau of International Sutterments, the BIS, or even, frankly, the U .S. government. So, Carmel, welcome. Let's start off by just a little bit by way of background. Tell us, this is an interesting thing, an unusual thing to have gotten so deeply engaged with. And what was the moment when you kind of realized, hey, digital currency is something really critical and important? Your background, of course, you grew up in Haiti. I'd love to hear a little bit about how all that came together to make you the ambassador for this technology opportunity that you are today. Yeah, I never thought I would actually play that role, but I'm happy to be here. So, as you mentioned, my name is Carmel Cadet. I'm the founder and CEO of EmTech. It started really with my story. I'm originally from Haiti, born and raised. And when I migrated to the U .S., I became fascinated by the concept of financial markets, the access to credit cards, the access to mortgage, and car loans, and student loans, and realized that how access to capital and access to money really impacts lives. So, when you think about helping people out of poverty, it's one thing to do aid, but it's another thing to really build a better infrastructure that are more long -term, better institutions, and better access to financial markets, more importantly. So, I was really curious about that, but I didn't know what to do about it at the time I was 17. So, my mom told me to go to school and get a job. In the meantime, as I figure it out, but sure enough, my background is in corporate finance. I ended up lending. But before that, one of my first job was as a teller at a credit union. This is one of those jobs you get to see how people experience money. Day -to -day, paycheck to paycheck, every Friday, every two Fridays, people have a different experience in how their lives are changed with the fact that they get paid, or sometimes when they lose their job as far as how that impacts their lives. Then I got into mortgage underwriting, got to see how the credit system works in the U .S. How do you provide credit? How do you buy houses? How do you get home equity lines of credit? And how do you build value and invest in other properties? I've seen so many different lives changed by financial services. Yet again, I did not know what to do about it, but I landed an internship at IBM. I spent 10 years at IBM. This is where I fell in love with technology. So marrying the two, fast forward to around 2017, IBM was launching the IBM blockchain division. For me, I heard about blockchain before I heard about Bitcoin, believe it or not. The ability to use a technology that really flattens out the intermediaries or the models that you get access to financial services is something that I really, really got excited about because a lot of the policies over the years have changed the makeup of the financial industry in a lot of emerging markets. If you think about Basel III, if you think about the de -risking of a lot of countries, I've seen the results of that, kind of how more and more people in emerging markets did not have access to banking services. And that impacted my family. That impacted how we sent money and how much it costs us to send money back home. And the idea of using technology, I got to see that from IBM. IBM builds just amazing, big technology that impacts the world, so much so that you don't even feel it. You don't even see IBM everywhere, but IBM runs just about everything that we run on and that we use. I fell in love with that concept and blockchain for me was the first technology that really made sense for me for how to do that. So the very simple concept that ignited my curiosity to go into this space is to say, you know, we've been waiting for the banks to bank the unbanked. This is something that different policies and different efforts have tried to drive. And even if you think about Senator Sherrod Brown's bill around fed dollar accounts, the idea of forcing the banks to provide a digital cash or a fed dollar account to unbanked users or low deposit holders, it was a debt on arrival type of proposal because commercial banks would never have the incentive to do something like this. And the fact that I worked at a retail bank and a commercial bank, I understood the business model very clearly. So what blockchain represented for me was really an idea. What if we take the most used asset that people use every day and trust every day, especially those in emerging markets, which is paper cash, what if we digitize it with blockchain? Could we provide financial inclusion by design and having people be part of a digital financial service infrastructure that could be built on and give them an access to a new world? And that's around the time where I got the opportunity. I saw the RFP from Central Bank of Bahamas. And of course, I'm from the Caribbean. I got super excited. I cannot tell you. I remember the first time meeting that RFP, when Central Bank of Bahamas said that they're looking for a blockchain solution to modernize their overall payment infrastructure to drive financial inclusion across 700 islands that make up the Bahamas. I don't think most people know that. It seems like one island is 700 islands. So that was a moment for me. And sure enough, with no architecture, with no reference at the time, me and my team at IBM got together, found partners to work with, and really pitch an idea that the Central Bank of Bahamas ended up really selecting and has now deployed. And I just came back from the CBDC conference in Istanbul, where they were presenting their efforts and their progress. And I think they're one of the shining stars. Yeah, well, I would agree in part because they were the first in part because to your point, it really was about inclusion by design, not just laying over, I use this example a lot, the way that roads were built in Boston and Cambridge is they just saw where the cows were walking and laid down concrete, basically, right, or whatever was used at the time paving. And I think the Central Bank of the Bahamas did not do that. Their goal was actually to create a system that was better in some ways, not just digitize the existing system. And I do think we've seen some other efforts at CBDCs really just digitizing existing systems, not interrogating those systems in the way that I think you and the bank did. But I've got a million directions we could go. But let's start with let's start with this. Because it would be interesting, actually, I could see how you'd be interested in something like a Bitcoin or something like that. Instead, the idea of paper cash was the most compelling thing. Can you just talk about how a how you see CBDC is playing out in the broader digital currency landscape? But also, why that? Like, why fiat, right? Like, why your approach focusing on that specific opportunity as opposed to the broader, let's say, you know, crypto opportunity, or even, I mean, as we were so ended up in the IBM Blockchain division, looked at blockchain in different use cases, so global trade, food provenance, and different application of technology. When it came to financial services, of course, Bitcoin was the first use case that really broad gained visibility and broad access and even fame, if you will, as a token, but in itself, what we continue to see is one, the learning curve on how to get into Bitcoin. I remember how proud I was when I was there. Oh, yeah.
WTOP 24 Hour News
Fresh update on "washington dc" discussed on WTOP 24 Hour News
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Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-20-2023 13:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. How deep is it? How strong is it and healthy is it going forward? So again, we'll keep an eye on that. Klaviyo, open for trading today. Sound on with Joe Matthew, Washington, DC. That starts right now.
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.
The Aloönæ Show
A highlight from S13 E10: City of London & Equal Opportunities Discussion
"Alright alright yeah they might join us well hopefully yes that'd be good yep so I'm ready when you are alright let's go okay so I've been looking at lighters and cigars lately oh yeah mainly the point lighters and yeah the point lighters st. the point the point later it's just been curious might be something I might want to do I might want to collect lighters for some weird reason I think it might be cool don't like the smoke I don't really have anything to celebrate so maybe not smoke them but it might be good to try one at least once yeah sweet I'm hoping that Faith be joins come on ask her what's her why she it's on your teeth yeah that'd be interesting I mean I on one hand I can understand where she's coming from with what's being said about him but on the other hand I think it's important to do research because you never know unless you understand the full context not not to say everyone doesn't understand but you never know if you'd be lied to what if what we see right now is just an illusion true make to believe what we want to believe then you can live in your own fantasy land yes and a matter how hard you tried to be red -pilled you're always gonna get blue pill out of nowhere yep you gotta have a sharp mind yes yes I don't get why she thinks that men thinks she was much who I don't get what she was talking about earlier well and get understand that she doesn't want men to take over but the country of the world was built by men it was built by it every major corporation was built by a man or the vast majority of them I'll give them that I'll give the there have been some very famous male sign to female scientists Madden Curry Mary not to mention I will give them the fact that they a woman did help create the atomic bomb well I did help Einstein create the atomic bomb basically finished the Manhattan Project so they did help build that I'm not saying they can't become the biggest richest man the richest person in the world but I don't think it's gonna happen anytime this century I could be wrong I think it takes determination for women to show that they could do whatever man can it's just that that little amount of determination that there is representation on their behalf they need they need they need there needs to be something that's shown that it is possible regardless of gender religion sexuality at most whatever people group whatever people group there is a chance that you can make it I am gonna say this not all women were Putin present not all women were given their position because they're a talent a vast majority of them and this is sad to say but it kind of means women success but which is true happenstance is the fact a vast majority of these women they were put in positions that they had no business being put into didn't have the skills enough talent they were just put in there because it what's fp they want to say oh we hired a first female VP yeah oh bug off this also experience was her background exactly they don't know it they do what they do it's just ridiculous I know there are people I'm not saying all women are all women were put in this position like this I'm sure there's some ones are very qualified for the jobs and they were put given this corrosion given these opportunities but you've got a quick question of a lot of them were they truly given this jokes of our talents or they just get promoted for worship for virtue like the GM CEO Mary Barra she's unqualified unfit and quite honestly I'm surprised she hasn't been sucked and she's gonna be one of the main reasons why General Motors probably goes under that's just one not to mention I think that will be there I personally believe the future of American companies are all being run by Indian India like so basically yeah Google Indian feel Microsoft Indian there's probably offers swells is there so uh have you heard the news what news up Obama might be gay well I already know that I'm talking about another thing what's over news okay you see no there's this new immigration rule for the UK what's the immigration law so basically in short even if you're a foreigner where you're allowed to enter the UK visa -free you still need something that's called an ETA so you need permission even if you're a foreigner in a country where you can answer enter the UK visa -free you'd certainly permission to come into the country to do whatever and you can stay no longer than six months with the exception of going there for work or even long or long -term study so even if you so they have to get they actually have to go for citizenship yes you need to ask permission to the government to enter the country apply for citizenship by it seems how's the vast majority taken that well what do you think well I shouldn't you should you should know that unless we don't have a fucking field day but let's be real here yes is a little bit concerning but something has to be done about immigration yeah but but not like this so what so what so what let's repeat what they're doing again so basically blocking anybody from coming into the country technical yes what they are promoting is they need to ask the government permission to enter the country even to foreigners in countries that are given free to free access into the UK you still need to ask the government hey can I come in and then if they say yes then you can go in I wonder how that I wonder if I'll stop the boats I don't think I don't think it's about the boats what do you think that that's a separate story what do you think it's about then what do you think it's about control or for it is well has soon that killed his opportunity of staying in in power or is he oh no he's killed his chances ages ago at this point people can people are safely saying then the next election labor majority as I'll never fucking happen that'll never fucking happen well the odds say otherwise I know you don't believe I don't believe everything here in the media I wouldn't trust I wouldn't trust stormer without ever could touch him with two pennies oh no I'm not I'm not painting this in the media the the book he's saying that well the bookies are always the bookies said but Trump would never win and he did win so he's still got his chances if he can fucking fix the economy cuz trust me it's not gonna get better under stormer storms a fucking idiot if you're under stormer Jamie you're gonna be getting rid of your oil and gas you'll be dependent on the thingy and we'll be literally sucking up will be sucking will be the LGBTQ will be plastered around every fucking set will be plastered all around England you've seen the state of Scotland don't let it come to that point I feel sorry for Scots we are gonna hit I hate the LGBTQ I think some a lot of nonsense called mentally ill people doesn't help fun to smoke the representative in my stay in my down the road representative in like one of my districts that is transgender I never happens it is very important to ask people why why are you feeling the way you are why are you doing the things that you're doing I think it's a lot of it I think it's mainly really for attention at least if what we need to do is stop giving these people attention stop giving these people stopping knowledge in their existence because we acknowledge your existence we're just encouraging their behavior it's like saying when you are when a baby when a cries baby cries you don't give it attention cuz it just it you're just rewarding it what we need to do is figure out a way to lower prices on properties what we need is cheap food we need the pricing on food to be as cheap as possible need the prices on property to be cheap so what I'm thinking to stop to solve that I'm thinking what if we were to create a bond what we were to create like a special thing right about basically help give give give everybody give people everyday people an opportunity to basically buy a house so basically cutting the prices in half right and give and give it it's only a certain type of thing that's only allowed for everyday people for the everyday people for the people and not and called big corporations can't use let use it what I'm suggesting we do is give like give massive loopholes for everyday people but bar and control property it's limit them at property but but like the likes of Blackrock the crop price Warhouse Cooper TSB and all these banks in Britain can buy so I've heard rumors that TSB is looking to get into the property market rental property markets which is quite interesting I so else's sir be bought into any new companies lately good strategy the changes in the stock market or the economy for that matter you got anything in pharmaceuticals besides John and Johnson and Johnson there's not much big father I'm investing in it till right now sure if things go away I think is you might be getting a shitload of money off Johnson Johnson soon because of the the sniff yes a district in California basically banned masks in backseat basically banned wearing on masks let's start yeah but it's a district that's always mainly Republican okay okay that makes sense you'd be surprised but there's a lot of Republicans in in California the only thing is so it's not enough to clear the state I do think that California is not big it should be split into two states I'm saying like it should be the north and the east of California one side we should do north of California and east of California and split it down the middle and basically one I personally think that should be it give more delicate seats but remember give more opportunities but not to mention it might be a thing that it might give over can I think all the all the side with Ellie I think everything to do with Ellie and Cupertino should be Cupertino LA California Cupertino all of that should be under one state and the rest of it should be the number let San Francisco I kind of like the north -south California divide yeah well I think in San Francisco part of California oh yeah it's a famous coastal city of California why can't we make that and why can't we make that and it surrounds areas its own state I don't think it's big I don't think it's big enough to be its own state I think it'll be as close as Rhode Island or Delaware it's it's the smallest area let's go but I'm saying the Bay Area maybe California big you know yeah I think I think San Francisco Bay and other neighboring neighborhoods that I think that should be enough to it for it to become its own stuff yeah it could be the next Washington DC what do you mean a shithole well yes but it's also like a district that's predominantly Democrats Washington DC ever since the u .s.
Mike Gallagher Podcast
Will Americans Ever Get Tired of the Left's Hypocrisy?
"Was just looking at a clip of Kamala Harris proclaiming that nobody should tell people what to do with their body. Huh, boy, isn't that rich, coming from Ms. Vaccine Mandate herself. Are Americans ever going to get tired of hypocrisy from these people? Such hypocrisy. I mean, there's Kamala Harris who says the government shouldn't tell people what to do with their body. I get so aggravated at this. Adam, go ahead and play this clip. I mean, think of the audacity. Of course, she's talking about abortion rights because Democrats worship at the altar of abortion rights. Listen to Kamala Harris proclaiming how the government should not be in the business of telling us what to do with our lives. What the Supreme Court took away, the United States Congress has the power to put back in place, but that means we need the people in Washington, DC. To have the courage to understand, you can have your personal beliefs, but don't have the government telling people what to do with their body. Don't have the government tell us what to do with our body. Now, you know how many times she backed vaccine mandates? How'd you like to be an airline pilot who lost his job because he wouldn't get a vaccine? Yep, the hypocrisy is very real with these people.
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-13-2023 13:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. I call that out for Tom Kean. As always, yields coming in to slightly 10 -year treasury, 4 .25%. Sound on with Joe Matthew from Washington, DC. That starts right now.
SI Boxing with Chris Mannix
A highlight from Boxing with Chris Mannix - To Duck or not to Duck
"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 Watson X your 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 .com slash watsonx. IBM, let's create. Enjoy all your favorite sports like never before with BetMGM. Sign up using code champion and receive up to $1 ,500 back in bonus bets if you don't win your first bet. When you register with BetMGM, you'll get instant access to a variety of parlay selection features, live betting options, player props, and the best daily promotions in the business. And with BetMGM at your fingertips, every play and every game matter more than ever. Place your money line, prop, and parlay bets with the king of sports books today. BetMGM and GameSense remind you to play responsibly and offer resources to help you make appropriate choices. Betmgm .com for teas and seeds. 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.
Mark Levin
CIA Bribed Its Own COVID-19 Origin Team to Reject Lab-Leak Theory
"Many of these entities many of its various divisions and units need to be pushed out other parts of the country the cabal of radical leftist judges and other buffoons former slip -and -fall lawyers now with black robes that needs to be broken up and the authority to hear cases involving the government need to be as well Washington DC is a politically economically financially corrupt place and there's no absolutely reason why Washington DC should be ruling over every corner of this country no reason whatsoever unnamed CIA whistleblowers has made the dramatic allegation that six analysts there were bribed to reject the theory that COVID -19 resulted from a research -related leak of a new coronavirus in a press order to release today from the office of the republican leading a congressional investigation into the pandemic you know these republicans leading these investigations have been right every time haven't they? a majority of US intelligence agencies has so far concluded that the COVID -19 pandemic most likely started when SARS -CoV -2 jumped from an infected animal host into people a wildlife market in Wuhan China has received intense attention from researchers as the potential source but the Department of Energy and FBI so far favored the so -called lab leak hypothesis even though none of the agencies has expressed high confidence in their conclusions on COVID -19's origin. CIA for example
The Dan Bongino Show
Dan Bongino: Do We Really Live in the Land of the Free?
"It avoids cliches. The thing about America, you know, when we talk about America, the cliche is a cliche for a reason. Everybody use it. Land of the free, home of the brave. Yes, it's true. We are a very very brave people. It is a land of supposedly free people. But I have to ask you, does that really apply or it is just a cliche? And the reason I ask you is are you really free? You have to understand, you saw people what exercise they thought were their God -given rights as a free people. To go to Washington DC on January 6th and protest what they thought to be an unfair election unworthy of a constitutional republic. Many of those people who may have been guilty of nothing more than a minor trespass violation at best, which would typically be waved off because there's no judicial interest whatsoever in prosecuting these people, find spending decades in prison. So I mean I have to ask you again, land of the free, home of the brave, while there are a lot of brave people out there, do you really live in the land of the free? And the answer is that at all. I mean what constitutional right do you as a conservative in America or Donald a Trump supporters aren't always the same thing. A lot of conservatives support Ron DeSantis and others, but you know generally we have generally the same footprint for how to govern. None of you were safe. You had parents who thought, well we elect school boards, we pay for school boards, our taxpayers finance them, we vote for them, they work for us, which they thought happened until they showed up at a school board and decided they were going to protest some obscene, absurd, ridiculous decisions by the school board about CRT and gender ideology and many of them found themselves having their license plate taken down by FBI agents. That sound free to you? So you don't have the right to assemble. You definitely don't have the petition right to your government. The parents didn't. They thought they did, but they
The Defiant - DeFi Podcast
A highlight from CFTC Cracks Down On DeFi
"Hey everyone, happy Monday and thank you for joining us for this special live stream that we're doing today to discuss the CFTC's latest crackdown on DeFi. We're joined by Will Warren, co -founder and co -CEO of 0x, and Ashley Ebersole, general counsel at 0x, and of course Owen for now, our staff reporter, and I'm YYCTrader, your head of news. So 0x's matcha aggregator was one of the projects targeted specifically by the CFTC, so we're glad to have Will and Ashley on the show to tell us what happened and what this action could potentially mean for DeFi moving forward. So let's dive straight in, start at the beginning. When did the CFTC first get in touch with you guys? You said in the tweet that you've engaged in discussions with them. Sure, well first I just want to say thank you for having us on today. It's great to be with you all and with your listeners and to discuss what for us are very recent and pertinent issues. I'm Ashley Ebersole and like you said, I'm general counsel here. I previously was with the Securities and Exchange Commission here in Washington DC for about five years where I was part of the working groups internally that were looking at the agency's approach to the crypto space. So I've been on the regulatory side as well as law firms and now with 0x. So regarding your question, the CFTC had reached out to us earlier this year and their focus was exactly as last week's order described, leverage tokens that US users could potentially trade via our matcha platform. The CFTC views these tokens as derivatives that are within its jurisdiction. It does not have jurisdiction over the spot market in tokens that are not derivatives in some way. So the fact that these offered a multiple return gave them a derivative feature that the CFTC was focused on. I think after discussions with the agency and the staff there, as well as our lawyers, we determined a settled case on terms that we could live with and that we thought could advance DeFi stance with the agency. Our main takeaway is that we're a nascent industry in Web3 and we're figuring it out alongside regulators. And at this stage, there's always some tension between the innovators and regulators that have the laudable duty of looking out for our users. It's uncharted waters on both sides and we always knew that there would be challenges with regulation as we grew, that was expected as this space expanded. This is part of the journey for 0x and matcha. We're glad that we were able to address these issues with the CFTC and that it was just a friction point. And that we at matcha and 0x more broadly and the entire industry, including the other entities that were part of that order, are walking away intact, operating and with greater clarity. So, all in all, we have a very positive outlook for the future, we're operational on matcha and matcha does have some tokens that are now restricted for trading by U .S. persons. But beyond that, everything's running as usual. So check out matcha .xyz and see for yourself. I'm just trying to get the, you know, it's Monday morning, I'm trying to get the ground work back in my head. So like, when you say restriction for U .S. persons, is that done via, that's done via VPN, I would assume, or like kind of based on IP address? Is that how you restrict? And if we're getting into details that we can't discuss, you know, let me know. But is that how you restrict based on jurisdiction? Yeah. I mean, look, certainly. Sorry. Yeah. Go ahead. Yeah. I can jump in and share like a little bit more context about like kind of how we were engaging with the CFTC and kind of kind of the outcome. But yeah, before digging into it, just want to echo Ashley's points that, yeah, Web3 is a nascent industry. And, you know, we are figuring this out right now. So are the regulators. And we're trying to figure out how to make things, you know, make things work. And it's challenging. Yeah. And in particular, you know, so for matcha, I guess, like before kind of talking about how, you know, how we responded to the order, like what processes we put in place, I think it's worth kind of highlighting, like, first of all, like, what is matcha and how does it work? Yeah, because, you know, the processes that we put in place also are kind of related to how matcha is designed and how it works.
Bloomberg Radio New York - Recording Feed
Monitor Show 19:00 09-11-2023 19:00
"Indeed that was the UK Chancellor of the Exchequer Jeremy Hunt speaking exclusively with our very own Aslinda Armin. A quick look at some of those assets in play right now just taking a look at the oil price we were looking at earlier WGI at near highs of the year 87 bucks for 30 cents. The barrel we've got a 10 -year yielding 4 .28 % and a dollar which is steady after losses in the last 24 hours. This is Bloomberg. Broadcasting 24 hours a day at bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Daybreak Asia for this Tuesday September 12th in Hong Kong Monday September 11th in New York. Coming up today Apple renews its deal with Qualcomm in a sign in -house iPhone chips may not be ready. Disney and Charter Communications agree to end a blackout of ESPN and ABC for millions of customers and China's economy shows signs of stability as credit growth rises. US and NATO say Russia must be desperate to accept munitions from North Korea. FDA approves new COVID vaccine remembering 9 -11. I'm Ed Baxter with Dan Schwartzman. I'll have that story and more coming up in Bloomberg Sports. That's all straight ahead on Bloomberg Daybreak Asia on Bloomberg 1130 New York Bloomberg 99 .1 Washington DC Bloomberg 106 .1 Boston Bloomberg 960 San Francisco Sirius XM 119 and around the world on Bloombergradio .com and via the Bloomberg Business Act.
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-11-2023 13:00
"News, big news for the auto industry, but also a big point here for organized labor in the US. Looking at these markets here as we close out the hour, the S &P 500, it's up a half of 1%, NASDAQ up 7 .10, so 1%, a little bit more life there. So we're seeing some nice moves there. 10 -year Treasury, 4 .28%. The dollar giving back a little bit here after a very strong couple of days. Sound On with Joe Matthews starts right now from Washington, DC. Is that actually what will decide this race? Federal spending combined with too -lax monetary policy has produced this 40 -year high on inflation. China policy is driven basically by domestic politics. American families are finding themselves further behind the eight ball. To get anything done in this Congress, it's going to have to be done in a bipartisan way. Bloomberg Sound On with Joe Matthew on Bloomberg Radio. First, an alternative to China. Welcome to the fastest show in politics. As President Biden makes his way home from the G20 in India, along with a stop in Vietnam, after drawing contrast between America's economic vision and China's belt and road. But will it matter? We're joined in studio with Bloomberg White House correspondent, Michelle Jamrisko, and we'll talk with Craig Singleton from the Foundation for Defense of Democracy is fresh off his op -ed in The New York Times. Analysis from our signature panel. They're both back with us today.
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-08-2023 13:00
"Last couple of years looking at the markets today S &P 500 up a quarter of 1 % Same for pretty much across the board looking at the various indexes here Wt -ti kuro it's higher $87 than 50 cents We keep an eye on at the dollar pulling back a little bit here the B Bloomberg dollar index off just a little bit here We'll keep an eye on that sound on with Joe Matthew in Washington DC that starts right now Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg radio Now from our nation's capital this is Bloomberg's sound off We're talking about red and blue division within states. How busy is Donald Trump's legal team gonna be? It's the economy stupid is that actually what will decide this race Bloomberg sound off politics policy and perspective From DC's top name federal spending combined with two lakhs monetary policy has produced this 40 -year high on inflation China policy is driven basically by domestic politics American families are finding themselves further behind the eight ball It's anything done in this Congress. It's gonna have to be done in a bipartisan way Bloomberg sound on with Joe Matthew on Bloomberg radio The Georgia grand jury recommended indicting Lindsey Graham and Michael Flynn along with Donald Trump And Nancy Pelosi says she's running again.
Mark Levin
Sen. Tom Cotton: Dems Want to Prop Biden up by Taking Trump Down
"Washington DC has done the day before the Super Tuesday primaries. And that's because they know that Joe Biden is so weak, he's run our economy, That that he's not mentally fit to be president. And the only way they may be able to prop him up is to criminally charge not just the former president, Mark, that's bad enough. That's banana republic kind of stuff. Donald But Trump is also the leading candidate of the opposition party. That is really banana republic style operation. That's something you see in Brazil or Pakistan or other countries, not in America. And again, this is a very dangerous precedent that that water is already crossing the bridge, though. And we should not be surprised to see Republican Attorney General or Republican VAs, for instance, who have had Hunter Biden or Jim Biden or even Joe Biden passed through their jurisdictions at some point in recent years, looking for opportunities to charge them with crimes, just as these Democratic have prosecutors looked at Donald Trump much like Stalin's chief of secret police once said, show me the man and I'll find you the crime. Yeah, there's an interesting piece, Senator, by Byron York in the Washington Examiner the other day, any quote to see fight a is the language of the unheard. On February 7, 2022, Senator Tom Cotton, a member of the Judiciary Committee, wrote a letter to Attorney General Merrick Garland. It was about the case of Ron Leslie, a Rochester, Minnesota man sentenced to 10 years in prison for setting a fire that killed a man during Black Lives Matter riot in Minneapolis. Remember this case? And you remember what the Department of Justice said while you were so upset about it? No, I remember it very well. This is during the BLM riots of 2020. Many of your listeners may remember this terrible tragedy where a building was set fire and it killed a man who was inside. It is a murder. This is not alluding, Mark. This is not
The Breakdown
"washington dc" Discussed on The Breakdown
"This argument relies on the recently established major questions doctrine — a legal theory that would rein in the unilateral power of the administrative state to make consequential decisions about the US economy. Only a few cases have reached the Supreme Court, however, to define this new legal theory, so the current batch of crypto lawsuits appear primed to more clearly define the limitations of regulators. Delphi Labs' General Counsel Gabriel Shapiro writes, Bittrex lawyered up big. Interesting dynamic, if this case moves faster than Coinbase's, Coinbase's lawyers might not get first crack at these issues, and it could take the sheen off Coinbase's defense. Might be why Coinbase is pushing the pace. James Murphy at Metalawman writes, Earlier today, Bittrex filed motions to dismiss the SEC's complaint. This is good news for anyone concerned with the SEC's regulatory overreach. Here's why. Bittrex has wound down its US operations and put its US -based exchange into bankruptcy. So in these circumstances, Bittrex could have easily just caved to the SEC and agreed to a quick settlement, which the SEC would have paraded around as another quote -unquote win. But they didn't. Instead, Bittrex hired two high -powered law firms. The motion to dismiss argues, one, crypto assets trading on secondary markets are not securities. Two, the SEC lacks authority in this area under the major questions doctrine. Three, the SEC has failed to provide notice of its claims in violation of due process. The arguments are all expertly articulated. But why is the SEC suing Bittrex at all for failing to register as a securities exchange after it has already exited the US market? One reason Bittrex may have decided to exit the US market could be that the SEC subjected the company to a six -year -long investigation. After six years of investigating, the SEC's complaint does not allege any fraud or customer harm at Bittrex. So I have just one question. Why are our tax dollars being spent on this case? Maybe some congressional oversight is in order. Now as we start to close out one more wonky one from the SEC, the Supreme Court has accepted a case which will review the use of in -house judges at the SEC. The regulator maintains an internal court system which hears some cases rather than referring them to federal court. There have been numerous lawsuits already about whether this process is constitutional, as defendants have no ability to move the case to the external court system. The federal court has already found on appeal that this process is a violation of the Seventh Amendment, which preserves the right to a jury trial. The case, which will be heard on appeal before the Supreme Court, related to the 2013 trial of a hedge fund manager for misleading investors. His lawyers state that he was, quote, put to trial before a captive agency judge sitting unconstitutionally with no right to a jury and no way to escape the court. They urge the Supreme Court to reject the SEC's appeal without a hearing. Paradigm policy offer Rodrigo Sierra wrote, Today's SCOTUS granted cert to a case that will decide the legality of SEC's in -house administrative court, showing once again that the court intends to curtail administrative overreach. Gensler's overeagerness and the belief that regulators are, quote, not pushing hard enough if they aren't losing cases is going to end up not only with big SEC defeats, but ultimately unravel the administrative state. I'm eagerly awaiting this outcome. All right, guys, so there you have it. That's the latest from our pushback against Washington, D .C. And really, let's be clear, the SEC. I will continue to keep you posted as new developments come up. But for now, for those of you who are in America, I hope you are having a great long holiday weekend. Until next time, be safe and take care of each other. Peace.
The Breakdown
"washington dc" Discussed on The Breakdown
"A dirty play, but the game is still on. Now zooming out a little bit to the ETF trends that we've seen over the last couple of weeks, Bitwise CIO Matthew Hogan provided some additional background on the rush to file. His firm is in the mix with an application on foot alongside the numerous other firms and he told the block quote, ETFs are generally a winner take most market. We've certainly already seen this play out in the Bitcoin futures ETF space, where ProShares, which launched the first futures based Bitcoin ETF has dominated the market simply by beating rival funds to market by a few days. And a similar dynamic is observable with gold ETFs where SPDR's gold trust is still almost double the size of its closest competitor. So with the mini crisis out of the way, attention turned back to speculation on how likely the SEC is to approve a spot Bitcoin ETF. Presuming that the regulator will stand firm that a surveillance sharing agreement needs to be with an exchange of quote significant size, would Coinbase count? According to Bloomberg ETF analyst James Safart, probably. He pointed out in a note that when considering US dollar Bitcoin pairs and excluding stable coin pairs, Coinbase dominates the market with a 40 % share of volume. That puts Coinbase as the number one exchange globally for Bitcoin markets traded against non stable coin US dollars ahead of even Binance. Elsewhere, TradFi players seem to be echoing the sentiments of the crypto industry thinking that this is likely to be an approval. A recent report from Bernstein said that the SEC is likely to approve a spot Bitcoin ETF from this particular crop of applications. They noted that the SEC has already approved futures based ETFs and recently allowed the first leveraged Bitcoin futures ETF to begin trading. They wrote that a key issue for the regulator has been that quote spot exchanges, e .g. Coinbase, are not under its regulation and the spot prices are
The Breakdown
"washington dc" Discussed on The Breakdown
"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.
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"Cannot be taller than the width of the street that they're on plus about 20 feet, with many exceptions. There's lots of streets that have exceptions to that rule, but that's the reason why there's no building that's even close to as tall as the Washington Monument and the tallest buildings in the city are typically on Pennsylvania Avenue between the Capitol and the White House because that's one of the few spots that has an exception to the stricter rule. This is actually one of the reasons I love having on local guests who know more than me because I love learning stuff like this and I don't mind learning when I'm wrong. I'm happy to spread the word because, like I said, it's one of the worst myths and it's often perpetuated by people like Uber drivers who will pick someone up from the airport and someone will ask, hey, how come there's no tall buildings here? And they'll just repeat the myth and then it just, it never ends. So now you have to tell me if the other myth that I've heard is true. So we know that you mentioned Lafont Plaza before and Pierre Lafont being the French architect who hired was to design the city who apparently, I was told in my history book, left at Huff and the only reason we know his designs or what were reported to be his designs was that there was a free black man named Benjamin Banneker who memorized his designs and this layout of the city we have, I was told in my history
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"And so you look at your week and you say, oh, and of course, it's not available every day of the week. So you say, OK, I suppose I'm available on Tuesday, Wednesday, and Thursday. And they'll submit all three of those for the White House. And then they are building the rest of their itinerary. And they're like, oh, I have to hold all three of these days now. I can't schedule anything on these days, because what if I get the tour? I don't want to miss the White House tour, because I already booked something else. But the White House only tells you about a week in advance whether you got one or not. And many people won't get one. So what I recommend people do, and some people might not like to hear this, is when they ask you, what days are you available, just choose one day. Just say, I'm available on Wednesday. And that way, you're only holding one day off of your calendar. And if you get it, great. And if you don't get it, then OK. At least I only held one day back and didn't miss out on other things, because something had happened just recently, just this spring break. So my tours were completely sold out this spring break. Spring break in Washington DC this year was bonkers. 2023, everybody was out traveling again. And I got a message from someone way too late. And they said, can we book a tour? Unfortunately, we were waiting to hear back from the White House, and we didn't book anything on any of these days. And once they heard back, they went to go book stuff, and everything was sold out. Not just my tours, but many things during spring break this year just got booked up and sold out. And so they wound up missing out on a lot of stuff, because they were holding all of those days for their White House tour. And in the end, did get one. They did get a reservation, but then the other two days were just written off and hard to fill up.
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"So yeah, find some stuff that's not the federal government stuff, but that you like and that you'll enjoy and that you can say, you know what? I saved up, I'm taking this trip. I wanna splurge a little bit. Even if I could theoretically do this back home, I'm gonna make it part of my trip and make it part of my memories. You mentioned that a lot of the museums, a lot of the government sites are gonna close at five o 'clock. For a family that's bringing their kids, they're doing that, hey, discover your history tour. What are you gonna recommend for them for the evening that you haven't already mentioned? Yeah, this is one of the trickiest things about DC is that we are not as good as other destinations for evening activities. And I'm a little jealous because I was just asking a friend of mine who's a tour guide in New York City. I was like, what do you do with kids in New York after hours? And they were, no, the Empire State Building is open till midnight. The top of the rock is open late. There's lots of things that you can do that are kid -friendly, family -friendly, that are open all the way up until really late at night. And we just don't have things like that here. We don't have tall buildings in DC, so we don't have those type of observatories. But that's why a lot of people do their monuments tour in the evening. And you'll often hear this piece of advice to quote -unquote see the monuments at night. And I think it's good and well -intentioned advice. I think it's a little trickier than that, especially if you're visiting in the summer when it doesn't get dark until nine o 'clock. Seeing them quote -unquote at night means staying up pretty late. But I do think seeing them in the evening is a good strategy because it gives you something to do after the museums close at five. And there are a few museums that are open late. So the National Portrait Gallery that I mentioned earlier, they stay open till seven. The Spy Museum depends on the season. During peak season, they sometimes stay open till almost eight o 'clock. So there are some evening options. And if you are lucky enough to be here at a time when there's a basketball game happening, a Washington Wizards game, those are in the evenings. Those are family -friendly. Same with the Washington Nationals. Those are great for families, great for kids. So there's a few options. It's not once it hits the clock strikes five, there's nothing to do. But I do agree it is challenging. And you want to think about that as you're building your itinerary. The one tricky thing is if you have kids, especially, kids typically can't stay out that late just because they're exhausted. People, they go hard when they come to Washington, DC. They're up early. They're walking five, six, seven miles a day. And kids can only go until they run out of gas. And so that's why I, when I do an evening tour of the monuments, started at 5 o 'clock, 5 .30 at the latest, is because I know most kids, by the time the clock hits eight o 'clock, they're done. They're ready to call it. Because sometimes with kids, it's just easy to get a hotel with a pool, and you don't have to worry about how to entertain the kids at night or something like that. Yeah. Oh, if you're going to look for a hotel with a pool, that's tricky. Not a lot of downtown hotels in DC have pools. So you might wind up in the suburbs if a pool is going to be something you're looking for. And be careful as well, because a lot of hotels, if you are only perusing the list of amenities, it might say it has a pool. But be careful it's not like a rooftop pool that's really actually like a swim -up bar or something like that meant for adults and not meant for families with kids.
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"And thanks to Prisma Text for sponsoring this episode of Amateur Traveler. Or they'll go over to the Virginia side because they want to go to Old Town Alexandria, and that is a fantastic Old Town. Although I think once you get to that far away, you're getting into day trip territory, even though it's not way far out of town, it's far enough where it feels like you're going to go down there for the day, come back into town at the end of the day, and it's kind of like a day trip. Easy to get there in the metro though. It is on the metro. The yellow line was under construction for the end of 2022 and the first several months of 2023, but it's back open so it's a easy ride down to Old Town Alexandria on the metro, on the yellow line. You can also take the water taxi from the wharf to Old Town Alexandria. I am a little frustrated, a little disappointed. The price of the water taxi, the water taxi is now owned by a big tourism conglomerate that owns boats and water tour companies all over the world and the prices are really high, in my opinion. So it's the kind of thing where, kind of like the cable car in San Francisco, it's technically transportation, but it's priced in such a way that it's more like a ride, like an amusement park ride. And so it's okay, if you're a family of four, you're now looking at over $100 round trip to get four people to and from Old Town Alexandria on the boat. And maybe that's worth it. I'm not saying that it's not worth it. It's definitely more scenic than the metro. It's definitely more unique than the metro, but it's good that we have options. We have more than just that to get down there. Okay, what else should I make sure I see when I'm in the DC area?
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"This episode of Amateur Traveler is sponsored by Prisma Text. You'll want to learn a foreign language because you know it will make your travel better, but it's too hard. Prisma Text gives you a different way to effortlessly learn a language. You read a story, you learn a language. When you go to prismatext .com, you can download a book and then choose how many of the words in the book are translated into the language you're trying to learn. So as you're reading, say, Agatha Christie, you get more and more Spanish words included in until you find yourself learning Spanish without even thinking about it. They have more than 400 different vocabulary words per
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"There's a little duck pond that is quite fun to stop in. Look at the ducks. Take some photos of the ducks while you're over there. One of the things that surprises me about a lot of cities in the US and DC would be in them is how much they ignored their waterfront for so many years. And there were monuments and things like that and parks along the waterfront, but there weren't as many interesting waterfront neighborhoods in DC for years. And now there's National Harbor a little further away and The Wharf. And a couple more attempts to say, hey, we've got this beautiful river here and why don't we do something with this real estate? Yeah, Georgetown as well. The Georgetown waterfront for many years was where they stored salt for salting the streets in the winter. And you look at it now and it's this amazing, beautiful, lush green park with people picnicking and picking up their food and bringing it down there. And you think, man, what a waste for all those years that it was just storage. So I agree with you. And then you name one more neighborhood and I'm drawing a blank. Capitol Hill, right? Capitol Hill, there we go. So Capitol Hill's great. I think if money was no object and I could live anywhere in DC, I'd probably have a great historic four bedroom row house in Capitol Hill. Unfortunately, money is an object and you have to pick and choose. And so it's a great neighborhood. It has very neighborly vibes. You go there and you just feel like the people who live over here like living over here. It's close to the Capitol. So it's relatively close to some of the big tourist sites. It is not political in the way you might think. You might think, oh, that's where all the Congress members live and some of them may live over in Capitol Hill, but many of them don't. So don't think of it as just a political place. It's definitely when you go there, you'll find a very neighborhood like place.
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"For example, DC Design Tours has a really good Georgetown neighborhood tour. But it's worth doing because you're gonna discover things on a tour that if you're just wandering around are way too easy to miss. And you might walk past a building and there might be a plaque on it. And unless you stop and read that plaque, you're not gonna know what that building is or why it's important. So I definitely recommend that as an overview of the neighborhood. If you are a movie buff, obviously go to the exorcist stairs. It's great, historic, fun place to go. Go to the waterfront park, get some takeout food from one of the restaurants on M Street, and then go down to the waterfront park and make yourself a picnic. And I just did an interview for my own podcast with the food editor for Washingtonian Magazine. And I asked her about an article she wrote where she said Georgetown is becoming a hip neighborhood restaurant again. It wasn't for a long time and because of COVID, the real estate market has changed and now it's becoming a hip restaurant area again. So definitely find some good food while you're there. Do you have a particular restaurant or two that you would recommend we check out? One of my favorite cafes in DC is called Yellow the Cafe. And they used to have a cafe at their sister restaurant called Albee and my understanding is that it was always supposed to be a temporary cafe and it recently closed. But they opened up a new one over in Georgetown. So I have not been to the Georgetown location, but I have been to Yellow the Cafe and it is extremely good. So I highly recommend going to their spot in Georgetown when that opens. And then in fact, one of my favorite quote unquote cheap eats is over in Georgetown as well. It's called Falafel Inc. So it's falafel pitas, falafel salads, and one of the few places where you can get in and out for nowadays in 2023, under $10.
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"That you can come to Washington DC, and you could fill up an entire week's itinerary, potentially, with free or mostly free things to do and spend relatively little money. Or you could splurge and fill it up with lots of luxurious things to do and spend lots of money. And I think that's different from a destination like a Disney theme park or a Las Vegas, which if you're going there in 2023, you're pretty much resigned to, I'm going to spend a small fortune in this place for as long as I'm there. And I think Washington DC, you can more choose your own adventure in a way. Now, if we said, OK, I've spent some time in museums here, and if I wanted to extend that to some of the non -free museums, do you have your favorites or your guests' favorites in the next three to five non -free museums? Yeah. We actually don't have that many non -free museums, Chris, to be honest. And it's for the simple reason that it's a tough business model. It's a tough business model to run a for -profit paid museum when you've got lots of amazing free museums. And I think the example of this is the Newseum. Since you've been to DC. Yes, you've been to DC before. You hopefully went before it closed. I did go before it closed, yeah. Some people think it's a COVID casualty. It's actually not. It closed at the end of 2019, so December 31, 2019 was its last day. And it closed for the simple reason that the business model just didn't make sense. They just couldn't turn a profit selling tickets to a paid museum when there's so many amazing free museums nearby. So there's actually not that many paid museums. But the one that I like and that most people like is the International Spy Museum. They just moved into a brand new building in Lafonte Plaza. So they used to have a museum north of the National Mall. And it was relatively limited in space. Their square footage wasn't that great. And they moved to this new, much larger building south of the National Mall at Lafonte Plaza. And so they have a lot more space now. They have amazing artifacts. And it's much more interactive than a lot of the Smithsonian museums are. So while the Smithsonian museums are great for many reasons, they are very traditional museums. You're going in, you're looking at artifacts, you're reading little information cards. And that's great. But especially for kids, it can get boring eventually. Kids only have attention spans that last so far. And so the International Spy Museum is great because when you go, you are assigned a spy persona. You're given a mission. You're given instructions to complete your mission. So whenever I have kids who come on my tour who told me they had previously gone to the International Spy Museum, my first question always is, did you complete your mission? And most of the time they did. The only time they didn't is if they went too late in the day and they ran out of time. So if you have kids, try to go earlier in the day so they have enough time to complete their mission. But that's the number one paid museum that people go to and that they really like. And I like to. Excellent. What else are you going to recommend for people to do in DC? So once you've exhausted your federal government sites, I think you want to start thinking about doing some non -governmental stuff. And one thing that I personally like to do and that I think unfortunately doesn't get done nearly enough is exploring neighborhoods. Washington DC has over 100 neighborhoods, distinct neighborhoods. And I think people who visit from out of town spend far too much time on the National Mall and far too little time in the neighborhoods. And now I'm not saying you need to spend none of your time on the National Mall and all of your time in these neighborhoods. But I'm saying instead of 90%, 10%, maybe 70%, 30%, maybe 60%, 40%.
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"Amateur Traveler. Now, what we you don't have everywhere in the world is American History Museums and specifically the African -American History and Culture Museum, which is amazing. Yes, it is amazing. And it's one of the few that has required a timed ticket since it opened and still does in 2023. So it's one you have to plan ahead for. And so when people ask me, like on my tour, for example, about it, I ask, do you have a ticket already? And if they don't, you can get a same day ticket. So don't feel like you have to plan super far in advance. But it's better if you plan in advance and get a ticket in advance or plan to wake up in the morning and get that same day ticket so that you can go. Now, it is one of the newer museums. That one is new. The Native American Museum is relatively new within the last decade. And I can't think of what the other newest museum would be in the Smithsonian catalog. I don't think the last decade. Hold on, let me double check on that. Am I just getting old? No, Time's a Thief. Time's a Thief. 2004, it's nearly 20 years old. Oh, my goodness. Yes. How is that possible? OK. I suppose when we talk about newness, it's all relative. So the African -American History Museum is the newest Smithsonian museum. It less opened than a decade ago. The American Indian Museum opened nearly 20 years ago. So it is relatively new in the scheme of history. But it's getting up there. It's almost old enough to drink. And are there other ones that people miss because they're at, for instance, the Big Three, who when you take people there or when you recommend people there, they just love? Yes, two in particular. The first is the National Postal Museum, which is next to Union Station. Now, part of the reason why this one is often skipped is because it's not in the museum core. Many of these museums are on the mall in between, specifically in between the Capitol and the Washington Monument. And the Postal Museum is not far away. I don't want to make it sound like it's out of town. It's barely a mile away, but it's over by Union Station. And it is great. It's in some ways like an alternative American history museum. You're learning about American history through the perspective of the Postal Service. If you're a stamp collector, it also has amazing stamp collections. I'm not personally a stamp collector, but I do occasionally like to go peruse and see what stamps are on display. So whether you're a history person or a stamp collector, the Postal Museum is one of them. And the other one is the National Portrait Gallery. That's also off of the museum core. So it's on 7th Street. It's just a little bit uptown near the Capital One arena. And it's a museum of portraits and another amazing way to learn history through sort of an alternative lens. So it's not like American history in your face, but look at the portraits of these people who did these things, and you can learn about them in that way. So pretty cool. And those are the two, I think, that people are often impressed with when I tell them, hey, have you considered these? And they go, and they check them out, and they like them. Now stop me if I'm wrong, but everything you have mentioned so far, except if you do a tour of the monuments, is free. That's right. So one thing that I think is great about Washington DC is that in 2023, demand for travel is as high as it's been. Inflation, everybody's been reading about inflation. Things are getting more expensive. And the free things in Washington DC are still free. So as travel gets more expensive across the board, broadly, Washington DC gets relatively even more affordable, even better value. And so I think the cool thing about that is
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"We get a lot of that. And it's some of the best weather in D .C. like August. Right. August. Not in my opinion. My personal favorite month of year is October. I think assuming there's not a hurricane coming up the East Coast, October has the best weather. But we're recording this in May. And this May we have had some excellent weather. So if you're just strictly focused on weather, May and October, I think are the two best. Some people also like September. If you lean more towards liking the heat, then you might like September more than October. One of the reasons to think about that spring break, though, if you have to take your if you're going with your kids, because you might see much better weather. The first time I was in D .C. was the eighth day of an air stagnation alert. And you don't want that. And you can guess what month that was. I'm going to guess it was either July or August. It was August. Yeah. Now, you also talked about a tour of the monuments. I think a lot of people know the Lincoln Memorial, the Washington monument, which I can go up and again, if I recall correctly. But I have to allow time for that. But what are the ones they don't know that they really would enjoy seeing? I'll just tell you what sites are on my tour and then we can go from there. So on a Tripex D .C. tour of the monuments, we see the Lincoln Memorial, Jefferson Memorial, Franklin Delano Roosevelt Memorial, Martin Luther King Jr. Memorial, Korean War Memorial, Vietnam Memorial and World War Two Memorial. And we see them all in one go. So the reason why I recommend a tour of the monuments, whether that's with me or with someone else, is because when I am out seeing them, I notice there are always a thousand people over at the Lincoln Memorial. It's the most visited site in all of Washington, D .C. And then right next door is the Korean War Memorial, an amazing, wildly underappreciated memorial that has a fraction of the number of people there.
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"And the reason why I did that rather than to just tell everyone just stay downtown, just stay near the White House, is because, like I said, people have their own unique wants and needs and preferences. And some people don't want to stay in the city. They only want to stay in the suburbs. And so if that's you, then I have options for that. Some people want to be in more of a neighborhoody type area versus more of a downtown business district type area. So if that's you, there's options for that. Some people just say, I just want the least expensive place that's in an acceptable area. And if that's you, then you could choose from one of the 11 and you're good to go. So that's why I approach it that way. But that's why I also kept saying over for first time visitors, because I do think if it's your first time, you want to try to be central to give yourself the best opportunity to see and do as many different things as you can. OK, so I'm leaving my hotel wherever that may be. What are you going to take me first? So I think that there's a few things that you should probably do at some point during your trip, but I don't necessarily think that they have to go in a specific order. So I think most people should go on a tour of the capital. I think that's definitely something that you should build into your itinerary. I think that everyone should take a guided tour of the monuments, whether that's with me or with somebody else. But the tricky thing is that when you're building an itinerary, you have to build it in a way that you do things when they're available. So, for example, the Library of Congress is not open seven days per week. So if your first day, if day one is on a Sunday, you're not going there on your first day because they're not open on Sundays. And same thing with a tour.
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"And I think that you'll be able to build a really good itinerary from there. Excellent. Where are we going to start? So the way I approach this is that I think you want to do a mix of federal government stuff and non -federal government stuff. So I explained earlier that Washington, DC is unique because we have the federal government sites, so that includes things like the Capitol, the Library of Congress, the National Archives, the White House, the Lincoln Memorial. These are sites that exist in Washington, DC and don't exist anywhere else. So you're going to want to do the federal government stuff because it's unique and you're not going to do it anywhere else. At the same time, a lot of that federal government stuff is open 10 to 5. The museums, for example, the Smithsonian museums, they're all daytime activities. And so you're really only going to have part of your day filled up by that stuff. So that's where I think the non -federal government stuff comes in as well. And I think exploring neighborhoods, trying out different foods and cuisines, and we'll get into foods and cuisines in a bit, I think. But thinking about things that are fun that you like to do that are not the Wikipedia guidebook type, you must do these things because of the federal government stuff. I think a mix of both is the key. And I also say that because another mistake that I see people make all the time is what I call museum fatigue, which is that you come to Washington, D .C. and you get the list. There's 20 museums on the list and they're part of the Smithsonian. They're part of the National Gallery of Art. You've got the U .S. Botanic Gardens. You've got private museums like the International Spy Museum. And they're all amazing. Don't get me wrong, they're all amazing, but they're huge and they can be exhausting. And so a mistake I see is people will send me an itinerary and it's a few days long and every single day there's three museums back to back.
The Amateur Traveler Podcast
"washington dc" Discussed on The Amateur Traveler Podcast
"Amateur traveler episode 850. Today, the amateur traveler talks about monuments and museums, neighborhoods and history, pandas and presidents. As we go to the nation's capital, Washington, DC, this is Chris Christensen from amateur traveler. Let's talk about DC. I'd like to welcome the show, Rob from trip hacks, DC .com. Who's come to talk to us about Washington, DC. Rob, welcome to the show. Thanks, Chris.
Simply Bitcoin
"washington dc" Discussed on Simply Bitcoin
"So I can tell that you're definitely listen. You got a lot of Warren Buffett, Bitcoin is no value. Hillary Clinton, Bitcoin has the potential for undermining currencies for undermining the role of the dollar as a reserve currency for destabilizing nations, perhaps starting with small ones, but going much larger. And I love the pond you put here. How can something with no value undermine the dollar? Something that apparently has value and destabilized nations. And we kind of talked about this off there. You were saying the same thing. It doesn't have to be tangible for people to accept it and for people to see the value in Bitcoin. So have you always been this radical? Sorry, sir. The always been this radical, or did Bitcoin explode your whole worldview? No, Bitcoin changed everything, man. I think before Bitcoin, I really did think that money has to be tangible. I used to be the one that the type of person who would save a little bit of cash at home just in case for emergencies. My mom used to always have just money in at home, just cash, and I want to tell her, oh, this money is constantly losing value, but most people aren't going to understand that because they don't financial literacy isn't taught in schools, right? That's my personal goal. I want to start with teaching people how to save money, how to increase their income, how to decrease expenses, and then move over to the Bitcoin side of things. I think I wouldn't even say that this view is radical. I think it's this logic, right? I mean, why are they scared of something that has no value? At the end of the day, I mean, if you're thinking about it that way, you realizing that there's a lot of lies out there. And if you fall for all of them, I mean, you're just putting yourself behind, right? You're falling for their trap. 100%. Couldn't agree more. We do have a good question here. And I kind of asked it as well, but just to be clear, Roman asked, is it frowned upon by the certification folks? So your peers. The people that go to these schools that spend their time learning that a traditional and financial world, what are they telling you about Bitcoin? I think that I think people I think the CFAs, the people who have actually gone through the actual education, they understand why Bitcoin is valuable, right? I think they understand that you need to put a lot you need to be logical when you're making these investment decisions. A lot of the, there's for some reason there are a lot of people who are financial advisers who haven't done the research, but they're telling people not to buy Bitcoin because Bitcoin is speculative. At this point, I don't think it is anymore. And even the CFA institute, I mean, they're introducing blockchain, right? It's not like they're ignoring it. When companies like when companies, when the CFA institute is a company, the company knows where the world is going, they're part of the finance industry. So if they're the ones that are talking about blockchain, if the new tech, if the new curriculum includes blockchain technology,