Crypto News: Satoshi Unmasked, XRP, EIGEN, China FOMO, Giveaway & More!

"we can look at the CME fed watch tool our handy tool over there and you can see that last week we were expecting a 53% chance of a 50 basis point cut and uh since the labor numbers came out it's gone to 0% so it looks like all is set for a 25 basis point cut at least according to the Futures Market uh when it get to the November meeting U which probably means another 25 in December according to and that goes according to the FED Dot Plot which said another 50 basis points Accord for the rest of the year okay"

"the long medium to long-term rates so 5 to 10 years have gone up... they're expecting potentially in the next few years the FED will have to increase interest rates again because the strong growth component will lead to potentially more inflation right"

"Iran could block The Straits of homus which is about 20 to 30% of global oil flows through there so um if that is the case then that could have a massive disruption to oil markets if oil rallies um you know leads to oil shock supply side shock inflation could start picking up again"

"a former finance minister was urging Chinese governments the Chinese government to do studies on crypto... because the US is embracing it that China doesn't want to fall behind"

"75.4 billion in inflows in the first three quarters of 2024... which is basically meant 74.5 in the first quarter and then obviously this allows chinesee investors discret ways to trade Yu on for crypto using other public exchanges if they're using VPN Etc"

"this was kind of a how not to do an airdrop... Geo blocked to nearly 70% of the world... and would not disclosed before... creating the expectation take people submit you know contributing to the TBL right and helping increase its valuation potentially in the private market and then apparently you blocked because this also blocked from VPN so they were able to stake they were able to you know you can stake yeah sure come we'll take your money please stake in our contract but oh wait a second where you where you from oh please you know"

"the business of uh locked tokens that went to investors uh went to early investors VCS in other words they were staked but the staking rewards surprise surprise were able to be were were sailable... it's like exit liquidity in another form because it doesn't matter if the tokens are lock then you staken and you're getting rewards"

"the SEC goes and appeals that decision... appeals against judge torres's ruling... which basically said that Ripple's sales of xrp on exchanges weren't Securities off pratic sales prog sales exactly weren't security yeah so and basically they're peeling that and which is weird because they lost the interlocutory appeal last year"

"Gerber Greywell the sec's director of enforcement as Nick said basically the person responsible for bringing uh all these actions against crypto companies even though uh the cold dead hand of Gary is is is is doubtless involved as well he is now gone"

"an HBO documentary has uncovered a new satosi... this Politico article then uh then is published saying that it is going to identify Satoshi"

"the most popular name is not one that I was overly familiar with I think very few were I personally was and we've done satosi videos before and we never mentioned him ly Sassaman yeah so this guy Len Sassaman"

"the second most traded in terms of volume is a chapal Paul Laro yes and that's really interesting because we we have mentioned him potentially before as well and if the guys don't know who Paul Laro is oh you don't want to know he's an Zimbabwean South African International drug dealer and arms dealer who basically wanted to be you know Pablo escabar esque you know Lord of War kind of like and cryptographer all at the same time potentially"

"the Bitcoin white paper is relatively simplistic it's definitely not as long as complicated as the inter subjective work token from igen layer"

"One in eight crypto owners live in a Battleground State including 1.4 million crypto owners here in Pennsylvania when you have a presidential race that will be decided by raise Ain margins this is a voting block that's set to tip the scales"

"Thursday is a very big day because that's when two of the most important macro data points land for this month... initial jobless claims... and then of course just after that we have the US CPI numbers"

"US CPI numbers previous was 2.5% the Medan expectation for this month is 2.3 or previous month is 2.3% and I think it could potentially also surprise us because remember the pce numbers uh came out two weeks ago and that was a surprise to the downside so already the market is expecting trending lower"

"ancient Bitcoin whale moved three and a half million dollars worth of BTC to exchanges now as they go on to point out this Bitcoin was mined one month after bitcoin's launch in February March 2009"