Originally aired on September 1, 2023
The episode covers recent crypto market action, with Bitcoin bouncing above $27K but possibly facing more downside. Other topics include the latest with the BitBoy Crypto situation, Ripple proposing a controversial “clawback” feature for XRP, Cardano founder Charles Hoskinson’s bold predictions, and perspectives on crypto regulation including new UK crypto travel rules.
Wendy O and guests, F.D.White and Gary Cardone provide analysis on these stories. There is debate around decentralization and whether solutions like Ripple’s clawback undermine it. The UK travel rules prompt discussion about government overreach and the challenges of enforcing crypto regulations. Guests bring industry experience in crypto investing and analytics.
What is happening lately with the crypto markets?
- Bitcoin bounced to over $27K but Wendy expects a retest of lower support around $24K
- Altcoins like XRP and Ethereum are rangebound, following Bitcoin’s moves
- Overall markets remain in a bear trend amid macro uncertainty
What’s the latest with BitBoy Crypto?
- Wendy notes addiction issues should be treated as a disease needing help
- Hopes the dispute can be resolved amicably and Ben gets his channel back
- Says she doesn’t want to judge given her close relationships with both sides
What was proposed for Ripple’s XRP ledger?
- A new “clawback” feature to give issuers more control over assets
- Allows adjusting balances in case of fraud or abuse
- Wendy and guests debate whether this undermines decentralization ideals
What bold predictions did Charles Hoskinson make?
- Says Cardano will surpass Bitcoin and Ethereum through governance
- Aims for Cardano to be backbone of a “digital nation”
- Wendy disagrees, noting whales could control governance votes
00:00 – Intro
00:05 – Show and guest introductions
07:00 – The entire crypto market
07:25 – BTC price analysis
08:40 – Spot Bitcoin ETF delated – What’s next?
27:40 – NEW clawback feature on XRPL
34:30 – UK ‘Travel Rule’ regulations starts today
37:25 – China says crypto is legal property
41:25 – Bullish Cardano news
44:00 – Follow our awesome panel guys