Markets

The Chopping Block: Response to SAB-121, ETH ETF and More

Published

11 months ago

23 May, 2024

What’s Shaping the Future of Crypto? ETH ETF Approval, Biden’s Crypto Policy, and High FDV Token Controversies – The Chopping Block Ep 650

Posted May 23, 2024 at 12:00 pm EST.

Welcome to The Chopping Block – where crypto experts Haseeb Qureshi, Tom Schmidt, Robert Leshner and Tarun Chitra explore the latest trends in crypto. This episode covers the early approval of the Ether ETF and its impact on the market, Biden’s evolving crypto policy, and the bipartisan repeal of SAB-121. We debate the controversy surrounding high-FDV low-float tokens and discuss the DOJ’s indictment for a $25 million MEV exploit. Stay tuned for insights into memecoin performance, the role of prediction markets in politics, and the growing participation of retail investors in the crypto market.

Listen to the episode at Apple Podcasts, Spotify, Cloudy, Podcast addict, pocket templates, Pandora, Transmission box, Google Podcasts, Tune inAmazon Musicor on your favorite podcast platform.

Show highlights

🔹 Crypto Regulation: In-depth discussion of the SEC’s crypto guidance, focusing on SAB-121 and its implications for the crypto and banking industries.

🔹 Ethereum ETF News: Examination of the Ether ETF’s early approval, the political motivations behind it, and potential market implications.

🔹 Biden Administration’s Crypto Stance: Analysis of Biden’s Crypto Policy Evolution, Bipartisan Repeal of SAB-121, and How These Changes Could Affect the Upcoming Election.

🔹 High FDV Low Float Tokens: Debate over the controversy surrounding high FDV low float tokens, recent market downturns, and potential market structure issues.

🔹 DOJ MEV Exploit: Overview of the DOJ’s indictment of two brothers for a $25 million MEV exploit, exploring the legal and ethical implications.

🔹 Memecoin Performance: Insights into current market trends, including the performance of memecoins versus VC-backed tokens and predictions about future regulatory impacts.

🔹 Prediction Markets in Politics: Exploration of how prediction markets are influencing political stances, particularly Trump’s pro-crypto stance and its effects on voter behavior.

🔹 Impact of Cryptocurrency Regulation: Discussion on the increased participation of retail investors in the crypto market and its broader implications.