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The Breadboard: Answer to SAB-121, ETH ETF and more

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8 months ago

23 May, 2024

What is shaping the future of cryptocurrencies? ETH ETF Approval, Biden Crypto Policy, and High FDV Token Controversies – The Chopping Block Ep 650

Posted May 23, 2024 at 12:00 PM EST.

Welcome to The Chopping Block, where cryptocurrency insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner, and Tarun Chitra explore the latest cryptocurrency trends. This episode covers the expected approval of the Ether ETF and its impact on the market, the evolution of Biden’s crypto policy, and the bipartisan repeal of SAB-121. We discuss the High FDV Low Float token controversy and discuss the DOJ indictment for a $25 million MEV exploit. Tune in for insights on the performance of memecoins, the role of prediction markets in politics, and the growing participation of retail investors in the cryptocurrency market.

Listen to the episode on Apple Podcasts, Spotify, Covered, Addicted to podcasts, Pocket casts, Pandora, Castbox, Google Podcasts, Tune inAmazon Musicor on your favorite podcast platform.

Show the highlights

🔹 Cryptocurrency Regulation: In-depth discussion of the SEC’s Cryptocurrency Guidance, focusing on SAB-121 and its implications for the cryptocurrency and banking industries.

🔹 Ethereum ETF News: Examining the Ether ETF’s expected approval, the political rationale behind it, and potential market implications.

🔹 Biden Administration’s Crypto Stance: Breakdown of Biden’s evolving crypto policy, bipartisan repeal of SAB-121, and how these changes could affect the upcoming election.

🔹 Low Float High FDV Tokens: Debate the low float high FDV token controversy, recent market downturns, and potential market structure issues.

🔹 MEV Exploit DOJ: Overview of the DOJ’s prosecution of two brothers for a $25 million MEV exploit, exploring the legal and ethical implications.

🔹 Memecoin Performance: Insights into current market trends, including memecoin performance compared to VC-backed tokens and predictions on future regulatory impacts.

🔹 Prediction Markets in Politics: Exploring how prediction markets are influencing political positions, particularly Trump’s pro-crypto stance and its effects on voter behavior.

🔹 Impact of Regulation on Cryptocurrencies: Discussion of the increased participation of retail investors in the cryptocurrency market and its broader implications.