Originally aired on October 23, 2023
In this episode, Wendy O discusses several optimistic crypto developments including the Ripple vs SEC lawsuit nearing completion, Chainlink breaking out which could kickstart an altcoin rally, and Grayscale’s spot BTC ETF case update. She analyzes the bullish Bitcoin and Chainlink price action. Wendy also covers France’s central bank looking at xRapid, expert witness testimony about FTX’s missing customer funds, and questionable ties between regulators’ families and crypto projects. Overall, it focuses on positive adoption and price action.
What is the latest victory in Ripple’s lawsuit against the SEC?
- Charges dismissed against Ripple execs Garlinghouse and Larsen
- Only issue left is final judgement against Ripple
- Big win for crypto to get clear regulations
Why is Chainlink’s price breakout significant?
- Broke out of long accumulation range between $3-$9
- Flipped bullish above key moving averages
- Could kickstart altcoin rally like in 2020
What did the expert witness reveal about FTX’s holdings?
- Claimed only $5B of reported $20B in customer assets held
- Traced funds to shell companies, donations, investments
- Shows mismatch between bank reserves and FTX
How could xRapid be used by France’s central bank?
- Previously praised Ripple tech in research papers
- xRapid’s speed could enable real-time settlement
- Unclear if for fiat-only or for crypto assets too
What are the questionable deals involving regulators?
- Gary Gensler’s brother considered investing in Ethereum
- Ethereum co-founder alleged to defraud early employees
- Raises conflict of interest questions
What is the update on Grayscale’s spot BTC ETF case?
- Anticipated court mandate will reaffirm Grayscale’s win
- Closes case over SEC blocking spot BTC ETF conversion
- Positive sign though ties to Genesis lawsuit a risk
00:00 – Intro
00:20 – Chainlink started the defi summer pump
01:24 – llink price analysis
02:00 – You need a trading plan
07:20 – Back to $LINK analysis
10:30 – The entire crypto market
10:50 – BTC price analysis
11:40- DOGE
12:05 – SOL
13:00 – ADA
16:50 – Big bank makes bold BTC prediction
17:55 – Ripple VS SEC case is over
26:10 – Grayscale ETF application updates
28:20 – John Deaton’s take on ETFs
39:05 – FinCEN attacking crypto mixers
33:50 – SECs Hester Pierce is fighting for crypto
40:10 – Coinbase lawsuit updates
42:40 – Largest defi protocol on Solana blocked in UK
43:00 – Join DCTA today (get a free NFT)
43:30 – WSJ publishes fake news article
46:00 – First crude oil trade completed with Chinese CBDC
46:50 – Does Bitcoin Lightning Network have back doors?