bitcoin
Bitcoin (BTC) $ 62,081.63 0.59%
ethereum
Ethereum (ETH) $ 2,996.49 0.63%
tether
Tether (USDT) $ 1.00 0.07%
omni
Omni (OMNI) $ 2.83 35.84%
bnb
BNB (BNB) $ 540.87 1.44%
usd-coin
USDC (USDC) $ 1.00 0.01%
xrp
XRP (XRP) $ 0.487459 1.90%
cardano
Cardano (ADA) $ 0.443137 1.59%
dogecoin
Dogecoin (DOGE) $ 0.147434 0.77%
staked-ether
Lido Staked Ether (STETH) $ 2,996.77 0.56%
matic-network
Polygon (MATIC) $ 0.649826 3.62%
solana
Solana (SOL) $ 138.82 3.29%
polkadot
Polkadot (DOT) $ 6.53 2.07%
litecoin
Litecoin (LTC) $ 79.11 1.36%
avalanche-2
Avalanche (AVAX) $ 33.84 1.55%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 1.15%
binance-usd
BUSD (BUSD) $ 1.00 0.26%
dai
Dai (DAI) $ 1.00 0.10%
uniswap
Uniswap (UNI) $ 7.16 1.43%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 62,112.64 0.66%
chainlink
Chainlink (LINK) $ 13.32 0.25%
cosmos
Cosmos Hub (ATOM) $ 8.03 1.40%
the-open-network
Toncoin (TON) $ 6.78 11.77%
leo-token
LEO Token (LEO) $ 5.82 0.11%
okb
OKB (OKB) $ 54.42 2.12%
ethereum-classic
Ethereum Classic (ETC) $ 25.39 1.33%
monero
Monero (XMR) $ 115.09 2.67%
stellar
Stellar (XLM) $ 0.108419 0.07%
filecoin
Filecoin (FIL) $ 5.81 1.64%
bitcoin-cash
Bitcoin Cash (BCH) $ 464.95 1.71%
aptos
Aptos (APT) $ 9.13 0.05%
lido-dao
Lido DAO (LDO) $ 1.95 0.61%
arbitrum
Arbitrum (ARB) $ 1.10 2.93%
hedera-hashgraph
Hedera (HBAR) $ 0.080618 1.22%
near
NEAR Protocol (NEAR) $ 5.53 0.67%
true-usd
TrueUSD (TUSD) $ 0.998008 0.22%
vechain
VeChain (VET) $ 0.038627 0.80%
internet-computer
Internet Computer (ICP) $ 12.53 3.51%
crypto-com-chain
Cronos (CRO) $ 0.119699 2.11%
quant-network
Quant (QNT) $ 103.88 1.00%
apecoin
ApeCoin (APE) $ 1.22 1.04%
algorand
Algorand (ALGO) $ 0.167855 1.00%
the-graph
The Graph (GRT) $ 0.245959 0.37%
fantom
Fantom (FTM) $ 0.666462 0.26%
eos
EOS (EOS) $ 0.747043 1.51%
the-sandbox
The Sandbox (SAND) $ 0.424146 2.11%
decentraland
Decentraland (MANA) $ 0.420199 1.94%
aave
Aave (AAVE) $ 83.82 1.15%
blockstack
Stacks (STX) $ 2.33 1.16%
theta-token
Theta Network (THETA) $ 1.99 1.13%
elrond-erd-2
MultiversX (EGLD) $ 39.47 1.87%
tezos
Tezos (XTZ) $ 0.948563 0.96%
flow
Flow (FLOW) $ 0.849543 1.29%
rocket-pool
Rocket Pool (RPL) $ 20.28 0.81%
axie-infinity
Axie Infinity (AXS) $ 6.81 3.08%
frax
Frax (FRAX) $ 0.999848 0.07%
immutable-x
Immutable (IMX) $ 1.99 4.31%
paxos-standard
Pax Dollar (USDP) $ 1.00 0.13%
neo
NEO (NEO) $ 18.52 9.75%
radix
Radix (XRD) $ 0.051428 0.91%

Videos

 

Originally aired on July 20, 2023

This sponsored episode of the Edge of NFT podcast features Vickaash Agarwal from Bluewheel Mining.

Making Bitcoin Mining Accessible Through Renewable Energy

This episode of Edge of NFT explores how Bluewheel Mining is innovating to make Bitcoin mining more accessible and eco-friendly. CEO Vickaash Agarwal explains how their project leverages blockchain technology and renewable energy to create the largest, community-run mining operation.

By building mining infrastructure that utilizes sustainable power sources like solar and wind, Bluewheel reduces costs and environmental impact. Their decentralized model distributes mining rewards daily to holders of their NFT nodes. This opens Bitcoin mining profits, previously reserved for large-scale investors, to regular people.

Vickaash details how the smart contracts automatically deduct electricity fees and distribute bitcoins earned to node holders’ wallets. Bluewheel handles maintenance and operations of the 3000 miners so individuals can earn passive income without technical mining know-how. Upcoming plans include mining facility expansions and integrating DeFi services like lending for NFT holders.

The interview explores Vickaash’s vision to keep innovating at the intersection of blockchain, DeFi, and renewables. He sees opportunities to apply AI and quantum technologies to advance materials science. Vickaash advocates for patience, honesty, and avoiding greed—advice that guides both his entrepreneurial and philanthropic pursuits.

How does Bluewheel Mining open crypto mining to the masses?

  • Leverages renewables to lower costs of running large mining operations
  • Distributes rewards to NFT node holders who share mining returns
  • Manages maintenance so individuals can earn passive bitcoin income

What innovations does the project bring to Bitcoin mining?

  • First mining company built natively on blockchain technology
  • Daily distribution of rewards via smart contracts and DeFi
  • Expanding access by removing barriers to profiting from mining

How does Blue Wheel integrate sustainability into its model?

  • Sources renewable energy like solar and wind to power operations
  • Lowers mining costs while reducing environmental impact
  • Part of mission to positively contribute through eco-friendly infrastructure

What drives Vickaash’s vision as a leader in blockchain?

  • Keep innovating at intersection of crypto, DeFi, and renewable tech
  • Curiosity to explore AI, quantum, and other exponential technologies
  • Apply them to advance materials science and other fields

What advice does Vickaash offer the next generation?

  • Cultivate patience, honesty with yourself and others
  • Avoid greed in the pursuit of innovation
  • Apply new tech like blockchain for social good

LINKS:

BlueWheelMining.com

defination.studio/

liquidium.fi/

 

 

 

Originally aired on July 19, 2023

The Looming Threat of Quantum Computers to Bitcoin and Blockchain

This episode explores the potential impact of advancing quantum computer technology on the future security of Bitcoin and blockchain. Quantum physicist Pierre-Luc Dallaire-Demers provides insight into how quantum computers work and why they pose a threat to current cryptography methods used in blockchain and finance.

While quantum computers are not faster in terms of processing speed, they enable calculations using the uncertain properties of subatomic particles that allow exponentially more computational complexity. This gives quantum machines the power to eventually break types of encryption previously thought secure, including the cryptographic signatures used in Bitcoin.

Dallaire-Demers explains the exponential growth in qubits and operations per second that quantum computers will achieve in the next 5-10 years. Though the timeline is debated, he warns Bitcoin’s signatures are among the easiest for quantum algorithms to crack. Upgrading blockchain cryptography will be challenging due to coordination difficulties in decentralized systems.

Dallaire-Demers advises cryptocurrencies must prepare now with “quantum-resistant” cryptography or risk losing user confidence as quantum supremacy draws nearer. He believes opportunities may arise for quantum-resistant coins if Bitcoin does not adapt. The episode concludes with a discussion of combining quantum computing with AI, and concerns over unknown advances taking place out of public view.

How do quantum computers differ from classical machines?

  • Leverage quantum properties like particle uncertainty
  • Allow exponentially more computational complexity
  • Enable calculations impossible via classical means

Why does advancing quantum computing threaten blockchain security?

  • Will break encryption previously thought computationally infeasible
  • Includes signatures used to secure Bitcoin transactions
  • Timeline to “quantum supremacy” over classical computers debated

What cryptographic risks do quantum computers pose to Bitcoin?

  • Bitcoin signatures among easiest for quantum algorithms to crack
  • Could reduce confidence even before attacks feasible
  • Upgrading blockchain cryptography presents coordination challenges

What potential opportunities does quantum resistance offer?

  • “Quantum-resistant” cryptographic coins could arise
  • Chance for new projects if Bitcoin does not adapt cryptography
  • But quantum-resistant upgrades advised for most chains

What concerns exist around unknown quantum progress?

  • Quantum and AI may also combine in unforeseen ways
  • Military may possess undisclosed advanced quantum capabilities
  • True capabilities and timeline cannot be predicted
 

Originally aired on July 20, 2023

Ripple just published a report discussing the increasing role of crypto and blockchain in cross-border payments. They made a huge prediction, saying that the value of the sector will hit $250 trillion by 2027! This is a huge projection and is massive for crypto and blockchain as a whole. We will discuss this on today’s show with more top crypto news! xo

In this video, Wendy discusses major announcements related to XRP Ripple and the potential impact of these changes. She also talks about the upcoming implementation of FedNow and the use of CBDCs in the United States. Additionally, Wendy emphasizes the importance of writing to public servants and joining organizations to advocate against certain regulations. She shares her views on XRP and its potential future price movement, as well as the regulation of the crypto industry in the UK. Lastly, she mentions other news such as Kuwait’s ban on crypto activities and the increase in El Salvador’s government bond prices.

XRP Ripple: Potential game-changing updates

  • Announcement from XRP Ripple that could bring significant changes.
  • The impact and potential future of XRP in the crypto market.

What is happening with FedNow and CBDC adoption?

  • Discussion on the implementation of FedNow and its implications.
  • Need for individuals to adapt to CBDC usage in the United States.
  • Ways to contest these changes and join advocacy groups.

XRP future price prediction and support for Ripple

  • Wendy’s views on XRP and its centralized aspects.
  • Potential surprises from XRP and support for the XRP community.

UK government rejects gambling regulation for crypto industry

  • The UK government’s stance on regulating crypto as gambling.
  • Emphasis on complying with global standards rather than resorting to gambling regulations.

Kuwait’s ban on crypto activities and El Salvador’s bond prices increase

  • Prohibition of crypto for payments and investments in Kuwait.
  • El Salvador’s government bonds experiencing a significant price surge.

 

00:00 – Intro

05:40 – Fire Gary Gensler

07:30 – The entire crypto market

07:50 – BTC price analysis

08:50 – XRP price analysis

11:20 – Biden to launch CBDC?

18:20 – HUGE prediction from Ripple

22:25 – Google searches for XRP surging

23:45 – Fednow live now

30:00 – How high can XRP go?

33:30 – Crypto won’t be regulated like gambling in the UK

35:55 – Kuwait bans crypto

36:50 – El Salvador government bonds

37:30 – FTX finds more money

37:50 – Bbitmain launches Filecoin FIL mining

38:45 – Elon Musk pumps HEX Hexicans

39:30 – Tesla crypto rumors

39:50 – Twitter to subpoena Elizabeth Warren

 

Originally aired on July 20, 2023

Nick Black and Brandon discussed several topics related to AI, cryptocurrency, macroeconomics, and not being “stupid” with your money.

  • They warned about a scam where someone pretends to need remote access to your computer to help you comply with crypto regulations. They take your crypto instead.
  • Discussed Apple entering the AI assistant market with “Apple GPT”. It will compete with ChatGPT and Bard.
  • Studies show ChatGPT getting “dumber” recently, possibly due to bad data from users.
  • MI6 in the UK using AI to disrupt weapons shipments to Russia. Intelligence agencies adopting AI.
  • FedNow launching soon for instant interbank fund transfers 24/7. Not a CBDC or crypto.
  • Don’t make stupid financial decisions. Research assets before buying.

What can AI assistants really do?

  • Apple is launching their own AI chatbot “Apple GPT” to compete with ChatGPT and Google’s Bard
  • But studies show systems like ChatGPT have been getting “dumber” lately due to bad input data
  • Still unclear how capable these AI assistants really are

Will bank payments get faster?

  • The Federal Reserve’s new FedNow system will enable 24/7 instant interbank transfers
  • This is not a CBDC or cryptocurrency, just faster processing between banks
  • Could reduce time needed to clear checks and other bank-to-bank payments

How is AI changing intelligence work?

  • Agencies like MI6 are adopting AI systems to enhance intelligence operations
  • AI can process huge amounts of data to find insights humans might miss
  • But AI still requires oversight from humans with contextual knowledge

Don’t be stupid with your money

  • Scammers are impersonating exchanges/agencies to steal crypto via phishing
  • Research any asset thoroughly before investing to avoid pump and dumps
  • Following “crypto experts” blindly often leads to losing money

 

Originally aired on July 19, 2023

Blurred Boundaries: Exploring the Intersection of Genetics and Psychiatry

How much of mental illness is influenced by our genes versus our environment and experiences? This question lies at the heart of Dr. Jordan Smoller’s fascinating research exploring the complex relationship between genetics and psychiatric disorders.

Dr. Smoller explains that while psychiatric conditions have long been known to run in families, it has only been in recent decades with advances in genetic analysis that researchers have been able to directly study the role of DNA variations. Early twin studies comparing identical and non-identical twins provided initial evidence that genetics substantially contribute to most psychiatric disorders.

However, unlike classic genetic diseases caused by single gene mutations, psychiatric conditions involve a more complex combination of small variations in thousands of genes that add up to increase risk. Environmental factors still play a key role as well. Dr. Smoller notes the boundaries between normal variation in human personality and behavior versus clinical definitions of mental illness remain blurry.

With modern big data analysis and machine learning, Dr. Smoller’s team strives to improve prediction of serious psychiatric outcomes like suicide risk and matching patients to optimal treatments. They have developed algorithms analyzing electronic health records that show promise to identify individuals in need of early intervention. He cautions about the ethical use of such tools, as biases can inadvertently be embedded in the data.

Social connection and physical activity consistently emerge from their studies as protective factors that can overcome even high genetic risk for depression after trauma. The pandemic’s spotlight on mental health offers opportunities to advance research and expand access to care. While optimism exists about developing more targeted treatments based on genetic pathways, Dr. Smoller stresses a balanced, holistic approach remains key.

How has research enhanced our understanding of the genetic basis for psychiatric disorders?

  • Twin studies first demonstrated high heritability of mental illness
  • Genetic analysis now identifies DNA variations that increase risk
  • Combination of small gene variations rather than single mutations

What are some of the ethical concerns when applying big data to mental health?

  • Prediction algorithms can inadvertently embed societal biases
  • Must ensure responsible use of individuals’ data and predictions
  • Important to involve diverse perspectives

How might insights from genetics guide more precise psychiatric care?

  • Predict individuals at highest risk for suicide or other adverse outcomes
  • Match patients to optimal medication based on genetic profile
  • Develop treatments targeting specific biological pathways

What emerged as protective factors against depression in the research?

  • Social connection lessened depression risk even with high genetic risk
  • Physical activity also lowered odds of developing depression
  • Findings highlight need for holistic approach beyond just medication

How has the pandemic shifted perspectives on mental health challenges?

  • Mass trauma increased public awareness of mental health crisis
  • Creates opportunities to advance research and expand care access
  • But must maintain balanced view incorporating social and biological factors

 

 

Originally aired on July 19, 2023

XRP Surges on Ripple Lawsuit Progress as Markets Rally

The cryptocurrency XRP saw a massive price surge after a judge’s ruling indicated some XRP sales are not securities in Ripple’s ongoing lawsuit with the SEC. The upbeat host Wendy celebrates the gains made by XRP investors, while cautioning the lawsuit still continues. She analyzes the nuances of the judge’s decision, with Ripple winning on some issues but not others.

Wendy stresses the importance of bipartisan legislation like the Clarity Act to provide regulatory clarity for crypto. Other updates covered include the arrest of Celsius CEO Alex Mashinsky, Coinbase adding support for Helium, and Elon Musk launching an AI firm. Criticism is directed at the IMF for urging protection of fiat currencies over crypto and the SEC for unclear guidance stifling innovation.

Wendy O urges investors to take profits on early XRP purchases using a percentage-based gains harvesting strategy. She emphasizes realizing gains in asset prices rather than watching fluctuations. She concludes by analyzing Bitcoin’s bounce off support levels as crypto markets rally.

What triggered the massive price surge for the XRP cryptocurrency?

  • Judge’s ruling that some XRP sales are not securities
  • Caution that Ripple lawsuit with SEC continues but sets good precedent
  • Investors euphoric at Ripple’s progress after years of waiting

What developments were highlighted related to crypto regulation?

  • Discussed judge’s nuanced ruling in Ripple versus SEC lawsuit
  • Stressed need for clear legislation like bipartisan Clarity Act
  • Covered Celsius CEO Alex Mashinsky arrest and other updates

How should XRP investors manage holdings amid the price rally?

  • Take percentage-based profits on early purchases
  • Avoid getting caught up in hype cycle around gains
  • Focus on realizing actual gains rather than watching prices

What criticisms were made of financial institutions and regulators?

  • IMF urging protection of fiat currencies over crypto
  • SEC providing unclear guidance that stifles innovation
  • Attacks on crypto by legacy finance entities

What non-crypto promotion was featured in the video?

  • WineChain’s new NFT marketplace for rare collectible wines
  • Let’s buyers trade tokenised bottles of wine
  • Provides authenticity and traceability with NFTs

00:00 – Intro

04:00 – RFK hot take on Bitcoin

09:35 – XRP price analysis

09:55 – BTC price analysis

10:40 – IMF wants to protect fiat from crypto

12:45 – Yikes! New bill regulates defi like banks

18:55 – Third largest bank in France gets crypto license

19:35 – Nasdaq halts crypto plans

25:00 – Dormant ETH address moves millions

27:30 – Celsius Network could pay off USD claims if this happens

29:00 – Terra Luna new CEO

33:30 – Polygon MATIC 2.0 new roadmap updates

35:55 – Why is XLM up?

37:15 – SECs poor leadership

 

Originally aired on July 16, 2023

In this interview, Ismael Hishon-Rezaizadeh, CEO of Lagrange Labs, discusses the importance of cryptographic proofs in ensuring trust and verifiability in the digital world. Cryptographic proofs, which rely on mathematics, allow for the deterministic and factual verification of information. The conversation delves into the distinction between cryptocurrency and cryptography, emphasizing that the latter serves as the foundation for securing the internet and verifying the authenticity of information. With the advancements in AI and emerging technologies, it has become increasingly challenging to ascertain the truth and provenance of data, making cryptographic proofs even more crucial. The discussion highlights the need for trust in various aspects of life, beyond the realm of traditional financial transactions, including identity verification and content authentication. The interview also explores the concept of trust minimization through cryptographic proofs, which enable the verification of properties across different blockchains and ecosystems. The conversation touches on the potential future of the internet, with a focus on strengthening trust and creating a more transparent and secure digital environment.

How do cryptographic proofs ensure trust and verifiability?

  • Cryptographic proofs use mathematics to deterministically verify the truth of information.
  • They allow for the verification of properties that would otherwise rely on trust-based systems.
  • Cryptography serves as the foundation for securing the internet and verifying the authenticity of data.

How can cryptographic proofs address the challenges of the evolving internet?

  • As the internet evolves and AI advances, it becomes harder to determine the truth and authenticity of data.
  • Cryptography can provide a foundation for verifying information, including countering deep fakes and ensuring identity and content authenticity.
  • Cryptographic proofs enable the extension of trust and secure communication between different blockchain ecosystems.

What is the significance of trust in the digital world?

  • Trust is crucial in establishing secure digital interactions, from financial transactions to social interactions.
  • Cryptography provides a means to create trust by verifying the underlying information and properties of data.
  • Trust is essential as the internet continues to evolve, with the rise of AI and the increasing difficulty of determining truth and authenticity.
 

Originally aired on July 13, 2023

This sponsored segment features the online game PlaySwoops.com, which allows users to manage their own teams and trade players as NFTs in a fantasy basketball setting. The segment discusses the current power rankings, announces the upcoming All-Star challenges, and highlights the opportunities for users to win cash and prizes. The hosts express their appreciation for the game and thank the PlaySwoops team for the opportunity to participate.

NFT basketball game: What are the current power rankings?

  • The top 10 teams in the PlaySwoops.com power rankings are listed, with the Star Gods leading the pack.
  • The hosts mention the efforts of their own team, the Knights of Dejan, and highlight the satisfaction of defeating the Globetrotters.

How can players find out if they made the All-Star team?

  • The 40 selected Swoopsters for the All-Star team will be announced via a Twitch livestream event on July 7th.
  • Team owners can earn the opportunity to be All-Star captains by finishing first or second in designated challenges.
  • The owners of players who make the All-Star team can win cash prizes, with additional winnings for the winning coach of the tournament.

How can players participate in the final All-Star challenge?

  • The final All-Star challenge ends on July 7th, with players aiming to have the highest score based on a specific equation.
  • The challenge involves stats from the first 10 games, including three-pointers and free throws made.

What happens after the All-Star team is announced?

  • Eight teams will be chosen based on the All-Star challenges, and the owners will compete in a snake draft for the final tournament.
  • Each team will consist of Swoopster All-Stars, and they will compete for a $150 prize.

Closing Thoughts

  • The hosts express their gratitude to the PlaySwoops team for the opportunity to play the game and acknowledge the constant innovative improvements.
  • They encourage the community to participate and engage with PlaySwoops.com.

 

 

Originally aired on July 13, 2023

As the 2023 Emmy nominations are announced, it is a good time to reflect on the history of the Emmy Awards, which have grown significantly since their inception in 1949. This year marks the 75th annual Emmy Awards, and top contenders include HBO Max’s “Succession” with 27 nominations, Pedro Pascal’s “The Last of Us” with 24 nominations, and Apple TV’s “Ted Lasso” as the standout comedy. However, the ongoing Writers Guild of America strike and a possible Screen Actors Guild strike have pushed the event to a later date, sparking concerns and conversations about fair pay for writers.

The History of the Emmy Awards

  • The Emmy Awards were created in 1949 to honor television programs.
  • Initially, tickets were available to the public for $5, but they are now exclusively offered to television Academy members and nominees.
  • The first Emmy Awards featured awards for only six categories, while the 2023 edition has 16 categories.

Top Emmy Contenders for 2023

  • HBO Max’s “Succession” leads the nominations with 27, followed by “The Last of Us” with 24, and “White Lotus” with 23.
  • “Ted Lasso” is recognized as the biggest comedy of the year, and “RuPaul’s Drag Race” is the top unscripted series.
  • Jenna Ortega, from “Wednesday,” receives her first-ever Emmy nomination for Best Lead Actress in a Comedy Series.

Impact of the Writers Guild of America Strike

  • The Emmy Awards, scheduled for September, will be delayed due to the ongoing Writers Guild of America strike.
  • An anonymous studio exec’s comment about the strike’s intention to cause financial distress to union members sparks social media discussions about fair pay for writers.

 

 

Originally aired on July 14, 2023

Wendy O discusses the recent court ruling that declared Ripple’s XRP token is not a security, fueling speculation of a crypto bull run. The speakers also touch on the potential impact of the ruling on the NFT market, caution against scams, and provide tips to avoid getting scammed.

Can XRP’s classification as a non-security spark the next crypto bull run?

  • The recent court ruling declaring XRP as not a security has given hope of a crypto bull run.
  • Ripple’s XRP token is now deemed not a security on secondary markets, bolstering confidence in other cryptocurrencies.
  • The ruling may resurrect the NFT market as artists and creators feel more secure in developing projects on the blockchain.

Beware of scams and false airdrops associated with the ruling

  • Scammers are taking advantage of the positive news to cheat and steal from unsuspecting individuals.
  • Be cautious of airdrop offers, giveaways, and special deals associated with the ruling, as there are none officially endorsed by Ripple.
  • Always verify official links and profiles to ensure authenticity and avoid falling victim to scams.

GUESTS

Ragzy X

 

Shira Lazar

 

Daniel Hughes

 

00:00 – Intro

00:20 – Guest introductions

05:40 – The entire crypto market

06:10 – XRP price analysis

07:00 – BTC price analysis

07:30 – Are we wrong about the Ripple ruling?

33:10 – XRP flips BNB market cap & shorters get destroyed

34:00 – Watch out for Ripple scams!

38:00 – Outro – Follow today’s guests on socials!

 

Originally aired on July 13, 2023

Cryptocurrency investing and news.

Nick Black provides his commentary on the latest developments with Celsius Network and its former CEO Alex Mashinsky. He discusses how Mashinsky and Celsius made false claims about earning high interest rates through their services and engaged in risky lending practices, which led to the company’s bankruptcy. Nick criticizes Mashinsky and other key figures like Sam Bankman-Fried of FTX for being “scammy douchebags” who took advantage of investors.

The video then covers recent AI and tech news, including Shopify unveiling an AI assistant called Sidekick, Elon Musk launching a new AI company called X AI, Google’s new AI-powered note taking app, and advancements in voice cloning. This segues into market analysis, with Black predicting crypto markets will turn around in the next 200 days once recession tails off, and criticizing the poor performance and arrogance of the Algorand team.

A significant portion focuses on the legal troubles of Celsius and Mashinsky, including Celsius suing Alameda Research and FTX, while the SEC charged Mashinsky and Celsius with fraud. Black expresses satisfaction at Mashinsky’s reported arrest and emphasizes these executives need to face consequences for stealing people’s money. The video concludes with Black advising on taking profits, using an example of a gains harvesting strategy for percentage exits. He stresses the need to take money off the table and not just watch currency values fluctuate.

What shady practices led to the downfall of Celsius Network and CEO Alex Mashinsky?

  • False claims of earning high interest rates through risky lending
  • Mashinsky displayed arrogance and took advantage of investors
  • Engaged in unsafe lending practices that led company into bankruptcy

What recent AI developments were discussed in the video?

  • Shopify unveiled AI assistant Sidekick to optimize e-commerce
  • Elon Musk started AI company X AI to “understand the universe”
  • Google released AI note-taking app focused on personalization
  • Updates on progress in AI voice cloning technology

How badly did the video portray Algorand’s prospects and team?

  • Criticized market cap as “dog shit” and team as arrogant
  • Suggested it will underperform without major shakeup
  • Proposed it become sidechain of Cardano to survive

What legal consequences face Mashinsky and Celsius Network?

  • SEC charged them with 4 counts of fraud after bankruptcy
  • Mashinsky reportedly arrested amid allegations of misconduct
  • Video host expresses satisfaction at long-awaited comeuppance
  • Emphasizes executives who steal deserve harsh punishments

What exit strategy does the video recommend for taking crypto profits?

  • Sell 20% when investment reaches 10x returns
  • Sell 10% each time investment doubles from there
  • Ensures ROI and avoids running out of tokens
  • Stresses need to realize gains, not just watch value fluctuate
 

Originally aired on July 13, 2023

Breaking news: Today, Ripple won the verdict that XRP is not a security!

Wendy O covers the surge in the price of XRP cryptocurrency after positive news related to Ripple’s lawsuit with the SEC.  Wendy provides upbeat commentary celebrating the XRP community and investors making money from the price increase. She cautions that Ripple has not fully won the case yet, though the judge’s ruling that some XRP sales are not securities is a big victory.

Wendy O analyzes the judge’s decision in detail, with Ripple winning on some counts but not others. The case will proceed to trial on certain issues. Wendy reiterates the lawsuit is not over but this is excellent progress and will set precedent. She emphasizes supporting bipartisan legislation like the Clarity Act to provide regulatory clarity in crypto.

Wendy O then covers the arrest of Celsius CEO Alex Mashinsky for alleged fraud.  She expresses satisfaction he is facing consequences after misleading crypto investors. Other updates include Google Play policy changes allowing NFTs, Coinbase adding support for Helium, and Elon Musk starting an AI company called X.

Finally, Wendy urges viewers to take profits if they invested early in XRP, using a percentage-based gains harvesting strategy. She warns against getting caught up in hype cycles and stresses realizing gains, not just watching currency values fluctuate.

What fueled the massive price surge in XRP cryptocurrency?

  • Positive ruling in Ripple’s lawsuit that some XRP sales are not securities
  • Cautioned the case is not fully won yet but Sets excellent legal precedent
  • Investors euphoric over Ripple’s progress after years of waiting

What other developments were covered related to crypto laws and policy?

  • Discussed judge’s nuanced decision in detail on Ripple lawsuit
  • Emphasized need for regulatory clarity through legislation like Clarity Act
  • Covered arrest of Celsius CEO Alex Mashinsky for alleged fraud

How can investors manage their holdings?

  • Take profits if invested early using percentage-based exits
  • Warned against getting caught up in hype cycles
  • Stressed realizing gains in assets, not just watching prices

What other crypto market news did Wendy mentioned in this episode?

  • Google Play allowing NFTs and crypto in apps
  • Coinbase adding support for Helium token
  • Elon Musk starting new AI company called X

00:00 – Intro

00:05 – Show intro

04:30 – XRP price analysis

07:00 – XRP not a security

23:40 – XRP relisted on Canadian exchange

24:00 – What’s next for XRP in the U.S.?

25:45 – Celsius Network CEO arrested

29:55 – Coinbase lawyers say student loan debt ruling helps defense

30:40 – Bank of America accused of blocking accounts that use Coinbase

32:30 – US dollar DXY crashes

34:00 – Europe to launch first Bitcoin Spot ETF

34:40 – Polygon #matic to change native token

36:35 – Coinbase adds support for Helium Network HNT

37:00 – Google changes policy on crypto/NFTs

40:50 – Elonmusk launches new AI project

41:20 – Meta competes with Google and OpenAi with new AI model