sBTC cap removal, Nakamoto gets rekt, Fed cuts rates
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In this episode, Brandon and Kate discuss the latest developments in the Bitcoin ecosystem, including the rise of Bitcoin DeFi, the performance of Nakamoto stock, and the implications of recent SEC decisions on crypto ETFs. They also touch on global economic factors such as interest rate cuts and the impact of biometric regulations in Vietnam, highlighting the importance of self-custody in the crypto space.
Takeaways
- Bitcoin DeFi is gaining traction on social media.
- Coinbase has launched a new lending product.
- Nakamoto stock has experienced a significant drop.
- The SEC's approval of new ETF standards could lead to more crypto ETFs.
- Thailand has introduced a 0% capital gains tax on crypto.
- Self-custody is crucial in the current banking landscape.
- Interest rate cuts are affecting global markets.
- The Bitcoin ecosystem is seeing quality of life improvements.
- Nakamoto is competing with other Bitcoin treasury companies.
- Bitcoin finality is a unique property of the Stacks ecosystem.
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