Daily Crypto News

Crypto markets remain under pressure as Bitcoin hovers around $61,000, but signs are emerging that volatility may be cooling. Matt breaks down the latest market data, including declining derivatives volume, lower liquidation levels, and why some analysts believe Strategy should pause its aggressive Bitcoin buying and rebuild cash reserves before continuing its accumulation strategy.The episode also covers 21Shares' prediction that Bitcoin could recover to $100,000 by year-end, Standard Chartered's surprisingly bullish long-term outlook for Aave, and growing activity on the Bitcoin network as Rune transactions surge to two-year highs. Matt also examines the Ethereum Foundation's staff reductions and what they signal about the project's future priorities.Finally, Matt dives into the politics of digital money as Congress advances legislation banning a Federal Reserve CBDC through 2030. While many in crypto celebrate the move, Matt questions whether blocking a government-issued digital dollar while promoting private stablecoins could simply shift control from public institutions to corporations like Circle, Tether, and major banks. The episode closes with a discussion about who should ultimately control the future of digital money and why that debate may be more important than Bitcoin's price action.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.

Craig Cobb focuses this week on a market many crypto investors overlook: the U.S. Dollar Index. After breaking above major resistance around the 100 level, Craig believes the dollar may be beginning a larger move higher toward 106. Historically, stronger dollar environments have created pressure for equities and other risk assets, leading him to question whether Bitcoin could face another leg lower if the trend continues.On the crypto side, Craig remains cautious. Bitcoin continues struggling below key resistance around $65,000, and while a move above roughly $67,300 could shift the daily trend back to bullish, he believes the probabilities still favor downside for now. Across the broader market, assets like Cardano, Dogecoin, Solana, and XRP remain trapped below important resistance levels, with Tron standing out as one of the few exceptions showing relative strength.Craig's message remains simple: trade the trend, not the narrative. While last week's decline created profitable opportunities for traders, the market is now sitting in what he calls "no man's land." Until clearer trends emerge, he believes patience, risk management, and waiting for high-probability setups remain the best strategy.Check Craig out at:Market Intern: https://marketintern.com/The Grow Me Co: https://www.thegrowmeco.com/Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.

Kevin Warsh held rates steady but surprised markets by signaling that rate hikes remain on the table, with nine of eighteen Fed officials now projecting at least one increase this year as inflation concerns persist. Matt also examines why Strategy's preferred stock falling below its target value could create challenges for the company's Bitcoin acquisition machine, and why a stronger U.S. dollar continues acting as a headwind for crypto markets.The episode also covers Hive's $220 million AI infrastructure deal, Cathie Wood buying Coinbase while selling Robinhood, new efforts by gambling and tribal groups to limit prediction markets, and the latest developments in the ongoing FTX political finance cases. Finally, Matt explains how buying a camper unexpectedly led to purchasing a 2017 Lexus GX460, shares his first-time camping plans, and reflects on the surprisingly successful run of his old Subaru.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.

Matt opens the show discussing the ongoing SpaceX IPO frenzy, admitting a serious case of FOMO as the stock surged from its $135 allocation price to over $200 in just a few days. He breaks down why some Daily Crypto News listeners made quick gains, why he's still skeptical of chasing it here, and whether SpaceX's growing AI ambitions could justify its massive valuation.The episode also covers Bitcoin holding around $66,000 despite renewed optimism, BlackRock's new Bitcoin Income Fund going live, Bybit launching options trading for Tether Gold, and Hyperliquid processing $1.4 billion in SpaceX-related trading volume. Matt also examines today's Federal Reserve meeting under Chair Kevin Warsh, the Netherlands' proposed unrealized gains tax, XRP giving back recent gains, and why it's far too early to declare a new crypto bull market.Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.