Originally aired September 6, 2023
The episode covers the latest crypto market price action, including Bitcoin retesting lower support around $25K. Wendy remains cautious on markets in the ongoing bear trend. Other topics include updates on the BitBoy Crypto situation, major adoption news for Ripple and XRP, perspectives on Cardano founder Charles Hoskinson’s predictions, and analysis of new MetaMask features.
Wendy provides colorful commentary as usual, criticizing SEC overreach and arguing for sensible crypto regulation. She also discusses responsible parenting when disciplining her young daughter.
What is happening lately with crypto prices?
- Bitcoin dropped to retest lower support around $25K
- Wendy expects more downside possibly to $24K if $25K breaks
- Altcoins like XRP and Ethereum are rangebound, following Bitcoin’s moves
- Markets remain in a bearish trend amid macro uncertainty
What’s the latest with BitBoy Crypto?
- Wendy notes addiction issues should be treated with compassion
- Expresses support for Ben and hopes he can resolve situation amicably
- Avoids judging given limited public info and her close relationships
What was the big XRP adoption news?
- Ripple partner SBI Remit using XRP for international remittances
- Allows faster and cheaper cross-border payments
- Seen as a major win for real-world XRP adoption
What is Wendy’s view on Cardano founder Charles Hoskinson?
- Disagrees with his view that Cardano will surpass Bitcoin and Ethereum
- Notes whales could control Cardano’s consensus governance model
- Argues no single party should control a truly decentralized network
What are the pros and cons of new MetaMask features?
- Allows easy cash out of crypto into fiat accounts
- Improves usability but could increase surveillance and regulation
- Cautions users to weigh benefits against loss of decentralization
00:00 – intro
00:05 – Let’s talk about food
03:50 – The entire crypto market
04:00 – Potential death cross on BTC daily chart
05:20 – BTC price analysis
09:20 – Ben is back
12:25 – Trading tips
13:30 – Gala price analysis
15:10 – What is a moonbag?
18:25 – New Ripple partnership
21:00 – Grayscale demands ETF approval
26:00 – SEC confused about crypto ETFs
32:40 – BlackRock ETF should get approved first
33:40 – Coinbase launches new lending service
35:10 – Microstrategy changes crypto accounting
38:30 – Join the DCTA today
38:40 – Jim Cramer bullish on Binance fake news
39:20 – First ever retail compliant digital security
39:40 – Gala Games statement
46:00 – SBF won’t stop complaining
48:20 – Final news stories