This week's episode provides a review of the week's key developments in the crypto space. It kicks off with Bitcoin's dramatic surge to a new all-time high, followed by a brief pullback and subsequent stabilization at levels near the peak. The episode also shines a spotlight on the Arizona State Senate's exploration of incorporating Bitcoin ETFs into the state's retirement portfolios, reflecting the growing interest in Bitcoin triggered by ETFs.
Additionally, the episode addresses Coinbase's recent technical issues during Bitcoin's price spikes and delves into the recurring crashes on days of high trading volume. The discussion extends to the current amount of Bitcoin on exchanges, including notable selling by a veteran miner and the continued inflow of investments into Bitcoin ETFs, particularly BlackRock's IBIT. Furthermore, Michael Saylor's ongoing commitment to Bitcoin is acknowledged, highlighting Microstrategy's plan to purchase up to $700 million more Bitcoin. Ethereum's ascent in anticipation of the Decun update is also examined, noting ETH's highest price point since late 2021.
The episode revisits the theme of managing FOMO in investment decisions, emphasizing the importance of maintaining a clear vision and conviction amidst the influencers of market narratives. Finally, it explores the challenges faced by community members whose identities are closely linked to specific projects or blockchains that may fall out of favor.
The Decentralized Era is just beginning. Come join us on the Socials:
X | @decentralpod | @chicag0x | @disc0x
YouTube: @decentralizeddawn
Web: https://decentralpod.com/
This week's episode provides a review of the week's key developments in the crypto space. It kicks off with Bitcoin's dramatic surge to a new all-time high, followed by a brief pullback and subsequent stabilization at levels near the peak. The episode also shines a spotlight on the Arizona State Senate's exploration of incorporating Bitcoin ETFs into the state's retirement portfolios, reflecting the growing interest in Bitcoin triggered by ETFs.
Additionally, the episode addresses Coinbase's recent technical issues during Bitcoin's price spikes and delves into the recurring crashes on days of high trading volume. The discussion extends to the current amount of Bitcoin on exchanges, including notable selling by a veteran miner and the continued inflow of investments into Bitcoin ETFs, particularly BlackRock's IBIT. Furthermore, Michael Saylor's ongoing commitment to Bitcoin is acknowledged, highlighting Microstrategy's plan to purchase up to $700 million more Bitcoin. Ethereum's ascent in anticipation of the Decun update is also examined, noting ETH's highest price point since late 2021.
The episode revisits the theme of managing FOMO in investment decisions, emphasizing the importance of maintaining a clear vision and conviction amidst the influencers of market narratives. Finally, it explores the challenges faced by community members whose identities are closely linked to specific projects or blockchains that may fall out of favor.
The Decentralized Era is just beginning. Come join us on the Socials:
X | @decentralpod | @chicag0x | @disc0x
YouTube: @decentralizeddawn
Web: https://decentralpod.com/