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May 15, 2021

Today on the Brief:

  • More chaos from Elon Musk
  • Hedge funds moving into DeFi?
  • Tether reserve attestations

Our main discussion looks at recent revelations of investigations by the Department of Justice and the Internal Revenue Service around Binance. NLW breaks down:

  • What we know about who is involved
  • Why the sound bite...

May 14, 2021

Crypto Twitter exploded last night when Elon Musk announced Tesla was backtracking and would no longer be accepting bitcoin as payment for cars. The debate came fast and furious about whether this was genuine environmental concern and, if so, how Elon was just discovering it now. On this episode, NLW looks at other...

May 13, 2021

Today on the Brief:

  • SEC throws cold water on bitcoin ETF dreams
  • MoneyGram brings bitcoin for cash to 12,000 locations (for a hefty fee)
  • Palantir considering adding bitcoin to balance sheet

Our main discussion: Inflation has seen its biggest growth month in a very long time. Is it just transitory or reducible to base...

May 11, 2021

Last year, hedge fund gurus like Paul Tudor Jones set off the wave of institutional bitcoin buying by cementing the narrative of bitcoin as an inflation hedge. Today, one of those investors - Stanley Druckenmiller - is back with even more dire pronouncements about the likely implication of Federal Reserve policies. The...

May 11, 2021

Today on the Brief:

  • Elon Musk saves an SNL flop with a dogecoin satellite 
  • Growing interest in Ethereum 
  • UBS explores offering crypto to wealthy clients

Our main discussion:
The Wall Street Journal and Bloomberg are both running headlines about increasing consumer prices. For now, most pieces like these remain a...