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CoinDesk Podcast Network

COINDESK DAILY: Bee Movie Script Buzzing on Ethereum; Robinhood Benefits From ‘Monster’ Crypto Cycle

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 14 March 2024

⏱️ 3 minutes

🧾️ Download transcript

Summary

Host Jennifer Sanasie breaks down the latest news in the crypto industry from the Bee Movie script on Ethereum to Robinhood's latest gains. To get the show every day, follow the podcast here. "CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including developers posting the Bee Movie script on Ethereum, how Robinhood could benefit from the bullish crypto cycle, and the latest report from Franklin Templeton’s Digital Assets team on meme coins. - Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Register now at consensus.coindesk.com. - This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:51.6

Developers had some fun and uploaded the script of Jerry Seinfeld's B-movie on Ethereum as gas fees plunged after the latest upgrade.

1:01.4

Ethereum's Dankoon upgrade has significantly reduced data fees, allowing for the script to be posted at a much lower cost than it would have been before.

1:09.8

Developer Dan Klein posted on Paradigm, quote,

1:12.8

I didn't get the first blob, but as far as I can tell, I did get the first B movie on

1:18.9

Main Net, end quote, the transaction cost only about $14.

1:23.8

Blobs are a cheap way to temporarily carry data about transactions that are now possible after Wednesday's upgrade.

1:30.2

A report from Bernstein says that Robin Hood will benefit from the monster crypto cycle.

1:35.5

The research and brokerage firm initiated coverage of Robin Hood with an outperform rating and $30 price target.

1:41.9

The broker expects the total crypto market cap to reach $7.5 trillion

1:46.3

by 2025 versus $2.6 trillion today, noting that this means Robin Hood crypto revenue should

1:53.9

grow ninefold. Bernstein expects Bitcoin's market cap to grow to $3 trillion and ethers to increase to $1.8 trillion by 2025.

...

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