The Five Most Important Stories in Crypto This Week
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 15 September 2024
⏱️ 31 minutes
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| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:09.0 | It's a daily podcast on Macro, Bitcoin, and the Big Picture Power Shifts remaking our world. |
| 0:19.0 | What's going on, guys? It is Friday's September 13th, and that means it's time for the Friday 5. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit.ly slash breakdown pod. All right, friends, back with another Friday 5 with Scott Melker. |
| 0:38.7 | We've got some macro today. |
| 0:40.3 | We've got some election stuff. |
| 0:41.7 | We've got some SEC government battle things. |
| 0:44.2 | And we even have one of the presidential campaigns, I'll let you guess which one, |
| 0:47.7 | starting their own defy slash crypto platform. |
| 0:50.5 | Let's dive in. |
| 0:52.9 | Big week, yet again, a lot that happened. Some of it went under the radar. |
| 0:57.3 | We're going to get into all of it right now on the Friday five. I actually have an honorable |
| 1:02.4 | mention that we didn't talk about that just came up. I love it. And it's this. Microw Strategy |
| 1:06.9 | buys 18,300 Bitcoin for $1.11 billion. Total holding to reach 244,800 Bitcoin. |
| 1:15.1 | For those of you who aren't very good at QuickMath, that's $9.45 billion worth of Bitcoin |
| 1:23.2 | now held by Micro Strategy. This guy is amazing. Listen, we know he's going to do it, |
| 1:29.3 | but it still just makes me smile when he does. Yeah, I like now that there's less dramatic |
| 1:33.6 | events that he's trying to counteract, just like dropping it casually on Fridays, |
| 1:37.7 | like a nice little weekend sendoff. It's good style. What blows my mind about it is that |
| 1:43.4 | he does this without having to sell any Bitcoin. |
| 1:46.0 | Yeah. |
| 1:47.0 | I mean, just a casual 1.1 billion more laying around. |
| 1:50.0 | No big deal. |
... |
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