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ROLLUP: M2 Money Supply Flipped Bullish | Robinhood Wells Notice | Trump Supports Crypto | Friend.tech Token

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 10 May 2024

⏱️ 60 minutes

🧾️ Download transcript

Summary

Bankless Friday Weekly Rollup
Second Week Of May
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📣 TRANSPORTER - SECURED BY CHAINLINK CCIP | TRY IT OUT
https://www.transporter.io/ 
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Bankless Premium | Use Code "FEED10"
https://bankless.cc/FEED10  
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BANKLESS SPONSOR TOOLS:


🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2 


🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo   
 
⚖️ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum 


🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 


🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa 


🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku   


🌐 CARTESI | APPLY FOR A GRANT
https://bankless.cc/CartesiGovernance   


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TIMESTAMPS & RESOURCES
00:00 Intro


01:28 Markets 
https://pro.kraken.com/app/trade/btc-usd 
https://pro.kraken.com/app/trade/eth-usd 
https://www.coingecko.com/en/global-charts 


03:40 M2 Money Supply
https://twitter.com/thomas_fahrer/status/1786196603931644086 


08:18 GBTC Inflows
https://x.com/JSeyff/status/1787506564267393037 
https://twitter.com/JSeyff/status/1787610459413102688 


09:49 Stablecoin Mkt Supply
https://twitter.com/alpha_pls/status/1787405833279545393 


10:55 Bullish for Solana
https://twitter.com/smyyguy/status/1787892675145781611 


18:43 Robinhood Wells Notice
https://newsroom.aboutrobinhood.com/robinhood-response-to-receipt-of-wells-notice-from-the-u-s-securities-and-exchange-commission/ 
https://x.com/vladtenev/status/1787595555981668751 
https://twitter.com/BSCNews/status/1787811373361107092 


22:32 Gary's Take
https://x.com/RyanSAdams/status/1788313202024915178 


28:27 Biden Administration Against Crypto
https://twitter.com/BitcoinMagazine/status/1788274505753755836 
https://twitter.com/jchervinsky/status/1788281811086221646?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 
https://x.com/RyanSAdams/status/1788289854574322049 


34:09 Trump Response
https://twitter.com/frankdegods/status/1788359051031761269?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 


42:16 FTX Creditors Make 118%?
https://www.bloomberg.com/news/articles/2024-05-07/ftx-has-billions-more-than-needed-to-repay-bankruptcy-victims?cmpid=BBD050824_MONEYSTUFF&utm_medium=email&utm_source=newsletter&utm_term=240508&utm_campaign=moneystuff 


44:42 Friend.Tech Token
https://x.com/friendtech/status/1786573081240297926 


47:06 Eigen Stakedrop Update
https://twitter.com/TrustlessState/status/1786172333717066237 
https://x.com/BanklessApp/status/1786055564629348383 


48:28 $MODE Token
https://x.com/modenetwork/status/1786115439212294386 


49:43 Optimism L3
https://optimism.mirror.xyz/6idqs2nEDLdezbSynrYsakliSCm3VyzA3WWj6esBbbM 


51:29 BOB Bitcoin Chain
https://twitter.com/build_on_bob/status/1785601054966771970 


52:10 Autonomous Worlds
https://twitter.com/redstonexyz/status/1785715921014960188 


54:48 Nigeria Banning P2P Crypto Trade
https://www.bloomberg.com/news/articles/2024-05-07/nigeria-to-ban-person-to-person-crypto-trade-in-battered-naira 


57:05 Revolut X
https://www.revolut.com/blog/post/revolut-x-launch/ 


57:59 Meme of The Week
https://x.com/jonwu_/status/1787512817303629962 
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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

Bankless Station is the second week of May.

0:06.0

David, it is weekly roll-up time.

0:07.8

You ready for this?

0:08.6

I'm absolutely ready for this.

0:09.6

And we're going to go super fast this week,

0:10.8

because that's kind of the week that it is. First up

0:12.9

Gary sends his fifth Wells notice this week who got the nasty gram this week

0:17.0

is not a crypto company so the crypto army is growing by one.

0:20.0

Biden, Joe Biden says he will veto extremely important crypto legislation right before election season and Trump has a thought on that bold strategy coming out of the Biden administration.

0:32.0

And also we got a number of signals to say

0:34.0

that the bull market is not over.

0:36.0

We have some tides that are turning

0:38.0

in the bullish favor, so we'll talk about that.

0:40.0

And also, Friend Tech launched their token.

0:42.0

Mode Network launched their token,

0:42.6

mode network launch their token.

0:44.8

A roll-up spans between Bitcoin and Ethereum.

0:47.2

Got a bunch of new network launches this week,

0:50.0

and we're gonna get to all of these details and more.

0:52.2

Before we get into prices, we've got to get to all of these details and more. But first, before we get into prices,

0:54.2

we've got to talk about our friends and sponsors

0:55.7

over at Transporter, a brand new bridging app

...

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