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Bankless

ROLLUP: ETFs Back? | Robinhood Acquires Bitstamp | Biden SAB-121 Veto

Bankless

[email protected]

Tech News, News, Technology

4.81.1K Ratings

🗓️ 7 June 2024

⏱️ 73 minutes

🧾️ Download transcript

Summary

Bankless Friday Weekly Rollup
1st Week of June 2024

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TIMESTAMPS & RESOURCES

0:00 Intro

3:26 Prices

4:30 L2 Update
https://x.com/jessepollak/status/1798731497173905439
https://x.com/0xKofi/status/1797645289307951127
https://x.com/Uniswap/status/1797624523711561828
https://x.com/RyanSAdams/status/1798460468069085234

10:00 3 more milestone numbers on the wk
https://x.com/TrustlessState/status/1798497346512412898
https://x.com/0xDeFiDevin/status/1797462120713613511
https://twitter.com/sorellalabs
https://www.coingecko.com/en/coins/bnb

17:52 FROTHY STONKS
https://x.com/greg16676935420/status/1798404597897363936
https://companiesmarketcap.com/assets-by-market-cap/
https://www.reddit.com/user/DeepFuckingValue/
https://www.tradingview.com/chart/?symbol=NYSE%3AGME
https://x.com/JasonHitchcock/status/1797437168324899192

26:04 ETFs are back baby! Wen ETH ETF, wen banana zone for ETH?
https://x.com/CarpeNoctom/status/1798170536146825630
https://x.com/ericbalchunas/status/1798156058487382232
https://x.com/bitcoinmagazine/status/1796120216780333409
https://x.com/EricBalchunas/status/1797644643712262482
https://finance.yahoo.com/news/blackrock-says-10m-seed-money-174942096.html
https://x.com/ericbalchunas/status/1796606348324634798
https://x.com/EricBalchunas/status/1797589909768949827
https://x.com/EleanorTerrett/status/1798351844248576311
https://x.com/AlexanderGrieve/status/1798352191713157308
https://x.com/RyanSAdams/status/1796543517671424065
https://x.com/tradetheflow_/status/1797520578087465295/photo/2
https://x.com/vaneck_us/status/1798428976068657411
https://x.com/vaneck_us/status/1798432653726658619

43:55 President Biden missed the layup - vetoed SAB-121
https://www.whitehouse.gov/briefing-room/presidential-actions/2024/05/31/a-message-to-the-house-of-representatives-on-the-presidents-veto-of-h-j-res-109/
https://www.aba.com/advocacy/policy-analysis/letter-to-president-biden-sab-121
https://x.com/faryarshirzad/status/1796837972978872764
https://x.com/nic__carter/status/1796687373314445766
https://x.com/standwithcrypto/status/1798433256339079417
https://x.com/fejau_inc/status/1796310685330051121
https://www.coindesk.com/markets/2024/05/30/trump-token-sinks-after-former-us-president-is-found-guilty-in-new-york/

52:50 Robinhood Acquires Bitstamp
https://x.com/RobinhoodApp/status/1798672303519342898
https://twitter.com/vladtenev/status/1798680590344126963

55:05 Celebcoin Culture Wars
https://www.coingecko.com/en/coins/mother-iggy
https://x.com/VitalikButerin/status/1798290424622113230
https://x.com/IGGYAZALEA/status/1798471807647068297
https://x.com/haydenzadams/status/1798551176834638114

59:32 ETH
Coinbase’s smart wallets is now officially launched! Is this how we get to billions?
https://www.coinbase.com/blog/a-new-era-in-crypto-wallets-smart-wallet-is-here
https://x.com/jessepollak/status/1797772737207062752

1:02:31 StarkWare plans to bring ZK scaling to Bitcoin alongside Ethereum
https://x.com/StarkWareLtd/status/1797985467666940265
https://bankless.cc/PermissionlessDiscount

1:05:31 Punks below 30 ETH
https://x.com/punksOTC/status/1798093880711155918

1:06:26 Blackrock and Citadel wants to launch new rival Stock Exchange in Texas
https://www.reuters.com/markets/us/blackrock-citadel-backed-group-start-new-national-stock-exchange-texas-wsj-2024-06-05/
https://x.com/delzennejc/status/1798399433651974301

1:10:21 Raises and BVC Investments
Mountain raised $8M in Series A
https://x.com/MountainUSDM/status/1798740495679815731

1:11:35 MEME of the Week
https://x.com/TrustlessState/status/1798124339843449065

1:12:19 Closing & Disclaimers

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures

Transcript

Click on a timestamp to play from that location

0:00.0

Let's talk ETS once again.

0:02.2

David, the Bitcoin ETS is back.

0:04.2

We also want to talk about the Etheorem EDF.

0:06.5

When are we going to actually get that and what's that going to do for prices? It's the first week of June Bankless Nation and it is time for the Bankless

0:18.4

weekly roll-up June. I'm feeling good David. This has been a pretty exciting week. What are we talking about today?

0:24.6

The Bitcoin ETFs wake up from a nap. How much money did the Bitcoin ETF's taken this week?

0:29.9

And also, of course, murmurings about the Eith E.T. F. are definitely

0:33.2

Christendowing but when Ryan are we going to get the Eith E. T. F.

0:37.7

I was promised an E. T. F.

0:39.9

So was I. Also on the back of that Van Eck dropped a 2030 eith price prediction David that's I think even among the eith bulls it's going to make them blush

0:50.2

because let me tell you it is bullish.

0:52.8

We also have, yeah, we also have Biden vetoing the sad bill.

0:57.1

He did that last Friday, like kind of like after hours.

1:00.9

It could have been an easy win, but he decided to veto. He had the lay up and he didn't take it.

1:05.0

Just fumbled millions of votes. Yeah, the big question is, is the Democrat pivot dead or are they still going to give us some crypto wins?

1:14.0

And then a Starknet wants to become a Bitcoin layer 2,

1:17.0

but also not leave Ethereum.

1:19.0

How do they do that?

1:21.0

And also Robin Hood acquires a major

1:23.1

crypto exchange, probably one of the biggest acquisitions in

1:25.2

crypto. That's a big one. Very big,

1:27.4

freaking deal. So much news to cover. But first,

...

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