This week, we're looking at three stories that all point to the same conclusion: crypto is becoming increasingly tied to the institutions it once claimed to replace.
ππΌ We start in Washington, where newly appointed Federal Reserve Chair Kevin Warsh has made his first major appearance β and markets didn't love what they heard. Expectations for interest rate cuts have been rapidly repriced, risk assets have come under pressure, and crypto investors are suddenly facing a very different macro environment than the one many expected at the start of the year.
ππΌ Then we head to Wall Street, where the biggest IPO in history has officially landed. SpaceX has debuted on the Nasdaq with more than 18,000 Bitcoin sitting on its balance sheet, instantly becoming one of the world's largest corporate holders of the asset. It's another sign that Bitcoin is no longer just a retail story β it's increasingly becoming part of corporate treasury strategy at the highest level.
ππΌ And finally, we bring it home to Australia. The government's new crypto licensing framework is fast approaching, but with the deadline almost here, reports suggest only a small fraction of local platforms are actually prepared. What happens next could shape the future of Australia's digital asset industry for years to come.
Let's get into it. π
****
TIMESTAMPS
2:08 Red candles thanks to Fed Reserve
4:41 The single biggest IPO in history - SpaceX
6:43 DECA conference talking points from Blake
10:42 Short, sharp news bites
****
Show notes:
Curious about our app? Try out the new Bamboo demo mode.
Have you subscribed to the Crypto Curious Newsletter?
****
If youβre enjoying these episodes please subscribe to our podcast on your preferred platform, leave a review, or share this episode with a friend or family member.
If you want to start investing in Bitcoin, Ethereum, Gold & Silver, you can download the Bamboo app here. Use the code CURIOUS for $10 in BTC when you sign up.
Follow the Crypto Curious Instagram here.
Join the Crypto Curious Facebook Group here.
*****
In the spirit of reconciliation, Crypto Curious acknowledge the Traditional Custodians of the country throughout Australia and their connections to land, sea, and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
*****
This podcast is intended for educational and entertainment purposes. Any advice is general advice only and has not taken into account your personal financial circumstances, needs, or objectives.
Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.
Hosted on Acast. See acast.com/privacy for more information.
","author_name":"Bamboo App"}