{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63e26a946b77a10011ea5094/6a51093873fcc6a8a76431bd?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"July 10: Circle Becomes a National Bank","description":"<p>Crypto infrastructure continues expanding even as Bitcoin remains stuck in one of the longest trading ranges in its history. Matt breaks down&nbsp;<strong>Circle's approval to launch a federally supervised national trust bank</strong>, Robinhood's Layer 2 blockchain surpassing&nbsp;<strong>$70 million in bridged ETH</strong>, and Metaplanet's plans to develop Bitcoin-backed tokenized credit products. He also covers the rapid growth of prediction markets, now projected to reach&nbsp;<strong>$240 billion</strong>&nbsp;in trading volume this year.</p><p><br></p><p>The episode also explores Polymarket's push for U.S. margin trading, a new AI-powered \"Internet Court\" backed by MetaMask and OKX, XRP's breakout above&nbsp;<strong>$1.10</strong>, and why Bitcoin's&nbsp;<strong>307-day consolidation</strong>&nbsp;between $60,000 and $70,000 has become one of the longest in the asset's history. Matt closes by explaining why, despite Bitcoin's lack of price movement, the companies building crypto infrastructure continue moving the industry forward.</p><p><br></p><p><strong>Happy Hodling, Everyone.</strong></p><p><br></p>","author_name":"Matt Diemer"}