The O Show
Airs weekdays at 2:10 am, 10:10 am, and 6:10 pm PT.
The O Show features interviews, project reviews, discussion pieces, technical analysis, and market updates on the latest news and trends in the cryptocurrency space. Host Wendy O is a seasoned crypto analyst and investor with over 5 years of experience in the industry. She is known for her in-depth analysis and her ability to break down complex concepts into easy-to-understand terms.
The O Show is a great resource for anyone who is interested in learning more about cryptocurrency.
Originally aired on October 13, 2023
In this episode of the O Show, host Wendy O discusses several topics related to cryptocurrency regulation and market performance. She provides an overview of the current state of Bitcoin’s price, touching on support and resistance levels. Wendy also covers the latest updates on the potential approval of a Grayscale Bitcoin ETF, including the SEC’s deadline to appeal a recent court decision.
The show delves into proposals for stricter IRS cryptocurrency tax reporting requirements being pushed by Senators Elizabeth Warren and Bernie Sanders. Wendy argues these regulations are unnecessary given the small revenue impact for the government. Crypto lobbyist Kevin Fulmer joins as a guest to provide perspective on regulatory issues.
Later in the episode, Wendy explores Tether’s origins and its founders’ connections to a crypto startup called Promethium. She highlights lawmakers’ concerns about Promethium’s approval for a special crypto license from the SEC. Overall, she suggests there may be favoritism and uneven oversight happening between the SEC, Promethium, and certain players in the crypto industry.
What is the latest on Bitcoin’s price action?
- Bitcoin is trading sideways below $27,000 and the 200-day moving average
- Support around $26,500, resistance at $28,700
- Printed a red dot on 4-hour chart, sign of potential downtrend
What’s happening with the Grayscale Bitcoin ETF?
- SEC has until midnight on Oct 14 to appeal court decision
- If no appeal, case closes in 7 days and approval process can start
- Grayscale will work with SEC’s Corp Fin and Trading & Markets divisions
Why are Senators Warren and Sanders pushing crypto taxes?
- Claim $50B in lost tax revenue over 2 years from crypto
- Wendy argues impact small relative to US debt and spending
- Sees it as excuse for unnecessary regulation
How did Tether get created?
- Founded by people working for crypto startup Promethium
- Promethium has connections to Ethereum Foundation
- Got special SEC broker-dealer license, concerns over favors
GUESTS:
Daniel Hughes
https://youtube.com/@danocrypto?si=7C…
https://twitter.com/search?q=%40danoc…
Danielcurtishughes.com
Patrick Andras
https://youtube.com/@BigDawgCryptoPod…
https://twitter.com/search?q=%40woofB…
Kevin Trommer
Tweets by DCTAorg
00:00 – Intro
00:05 – Guest introductions
05:30 – The entire crypto market
07:35 – Grayscale ETF decision & connecting the dots
21:14 – Gary Gensler threatened
29:00 – Orange juice at all-time-high
29:15 – What happened to Fed now ?
31:00 – What is $USDM?
40:30 – Strange #tether USDT findings
48:50 – Join our spaces on X (all about Friendtech )
49:50 – Follow today’s guests!
Originally aired on September 15, 2023
In this episode of the O Show, host Wendy O discusses several crypto news stories and interviews guests Mona, Michael, and Mr. Sharma. Topics covered include the latest with Sam Bankman-Fried and FTX, developments in SEC vs Ripple lawsuit with lawyer John Deaton now involved, Bitgo and Swan forming a Bitcoin-only trust company, and the SEC charging the creator of Stoner Cats NFTs with selling an unregistered security. The guests provide perspectives on these stories as traders, crypto experts, and content creators. The episode closes with comedian Mona promoting her upcoming roast of Wendy O in Los Angeles.
What did the leaked SBF documents reveal?
- SBF posted 250 pages of reflections and justifications while under house arrest
- Blamed ex-girlfriend Caroline Ellison for Alameda’s collapse
- Criticized his co-CEO Carlos “Tribeca” Trabuco for quitting to sail the world and date men
- Overall shows SBF’s narcissism and passing blame
How could the Ripple lawsuit impact other crypto cases?
- John Deaton joining as lawyer in SEC vs LBRY case
- Ripple won that XRP is not a security when sold on secondary market
- This precedent could help LBRY fight SEC charges over unregistered securities
- Paves way for other crypto projects unfairly targeted by SEC
Why are Bitgo and Swan forming a Bitcoin-only trust company?
- Provides Bitcoin custody without exposure to broader crypto market
- Follows Swan moving from Ripple’s acquisition Fortress for custody
- Swan founder Cory Klippsten known Bitcoin maxi against altcoins
- Unclear if limited to Bitcoin will attract significant interest
Should NFT creators avoid promising gains?
- SEC charged Stoner Cats creator with unregistered securities
- Problem was marketing promised gains on secondary sales
- Similar to investment contracts SEC targets in crypto cases
- Safest bet is to avoid financial incentives in NFT marketing
GUESTS
Mona Shaikh
/ monashaikhcomedian
Shitcoin Shaman
Tweets by 100xShamanMichael Ionita
https://x.com/mizi
/ @michaelionita
00:00 Intro
01:10 – Guest introductions
05:05 – The entire crypto market
05:30 – BTC daily, 6h and weekly
07:10 – Thoughts on the current market
10:40 – SBF Shocking documents leaked
19:35 – Lehman Brothers 15 year anniversary
31:25 – John Deaton joins LBRY fight
37:25 – BitGo partners with Swan to launch trust company
40:00 -SEC vs Stoner Cats & attack on NFTs