Speaker 1: Crypto isn't just copying banks, it's replacing them, and that's
Speaker 1: why every investor should care. This week, real money moved
Speaker 1: like a bank, hardware wallets failed, and the Senate delayed
Speaker 1: the Clarity Act. The system is shifting, and if you're
Speaker 1: not paying attention, you're already behind. That's the big picture.
Speaker 1: But first, a quick word from our sponsor. Okay, so
Speaker 1: here's what's happening. This is capital moving like a bank,
Speaker 1: not just wallets. Stable Coin, funds and digital cash are
Speaker 1: now the engine of profit and crypto's big business. It's
Speaker 1: a quiet shift, but one that changes everything. Bitcoin held
Speaker 1: steady near sixty five thousand dollars, Ethereum dipped under two thousand,
Speaker 1: Solana state flat, total market cap at two point two trillion,
Speaker 1: defied total value locked rowse a few percent. Stable Coin
Speaker 1: supply hit three hundred eight billion, up just a bit
Speaker 1: in a day. The Fear and Greed Indeck is at
Speaker 1: twenty nine, still in fear, but up four points. Buyers
Speaker 1: are in but not rushing. Liquidity is building, but prices
Speaker 1: aren't moving yet. Watch a bitcoin holds sixty five thousand
Speaker 1: as macro news stays soft. First by bits sued North
Speaker 1: Korea and the Lazarus Group over a one point five
Speaker 1: billion dollar hat. And yes, they'll probably never get the
Speaker 1: money back, but the free shows exchanges are now using courts,
Speaker 1: not just chain checks, to try to recover funds. It
Speaker 1: also puts Pyongyang's wallet habits in the public eye. Second,
Speaker 1: the Senate recess without voting on the Clarity Act. Democrats
Speaker 1: blocked it, so the rulebook dividing SEC and CFTC power
Speaker 1: stays blank. Ok x's Rafiq already warned the optimism was
Speaker 1: priced in. Now we know he was right. Third, Cold
Speaker 1: Card's co founder deleted posts after linked losses hit one
Speaker 1: hundred and thirty million dollars. A hardware wallet is meant
Speaker 1: to be the vault, not the leak. The low entropy
Speaker 1: bug forced bitcoin holders to rethink trust and devices. Some
Speaker 1: are now using dice to make keys, like back in
Speaker 1: twenty eleven. Fourth, a five second trick let traders drain
Speaker 1: millions from Polymarket. The platform used single price snapshots. Savvy
Speaker 1: traders exploited that on short dated crypto markets, it's like
Speaker 1: a casino changing roulette rules. After someone counted the zeros,
Speaker 1: retail got squeezed. Finally, Ethereum's eip A three six three
Speaker 1: staking proposal sparked fierce backlash. It would cap issuance past
Speaker 1: fifty percent, staked the goal burn supply to protect Ethereum's
Speaker 1: money rules, but critics say it hurts DeFi and big users.
Speaker 1: This is a fight between sound money purists and yield farmers.
Speaker 1: If validators back it, Ethereum's scarcity story turns bullish. If
Speaker 1: it fails. Staking ratios keep rising unchecked. All right, before
Speaker 1: we get into the risks, quick word from our sponsor. Okay,
Speaker 1: we're back. Let's talk about what to watch for. Here's
Speaker 1: what we're really watching. The Fear and Greed index is
Speaker 1: at twenty nine. Still in fear, buyers are picky, not desperate.
Speaker 1: The real danger isn't the loss, it's what comes after
Speaker 1: stable coin funds and digital cash now drive profits like banking.
Speaker 1: That's a big shift. It concentrates risk in tradfi rails
Speaker 1: hold cards. One hundred and thirty million dollar loss pushed
Speaker 1: holders to dice key generation. The wild card hardware trust
Speaker 1: may not recover soon. If Bitcoin holds sixty five thousand
Speaker 1: on weak jobs momentum and stable coin supply keeps growing,
Speaker 1: that's the signal to watch. First, Chainnalysis is rolling out
Speaker 1: intelligence integration next week. This will improve tracing, aid law
Speaker 1: enforcement and may deter hacks. Second, the Senate delay on
Speaker 1: the Clarity Act pushes clear already to September. Watch if
Speaker 1: that date gets locked in before the month ends. Third,
Speaker 1: Finance's futures to spot ratio has stayed above eight times
Speaker 1: for five days. Traders are betting big on margin if
Speaker 1: it holds into next week. This could blow up if
Speaker 1: regulators stay silent. If you're not subscribed to the podcast yet,
Speaker 1: subscribe now. It only takes two seconds. This is educational content,
Speaker 1: not investment advice. Always do your own research. I'm Alex.
Speaker 1: See you next time.