Collective Shift

The team breaks down the recent news, including crypto adoption and the Mt GOX claims deadline. They further discuss what they look forward to this week & Justin Suns video.

Key Takeaways

• Chainalysis’ annual Global Crypto Adoption Index showed Asia is driving crypto adoption and that global adoption is down compared to last year.
• Crypto Conferences show higher attendance than expected. Giving the team encouraging signs
• Mt. Gox extended the deadline to reimburse creditors to next October. Some organised creditors may start receiving their BTC by year-end. The FUD continues
• Mixin, a ‘decentralised’ wallet service suffered a hack, resulting in a nearly $200M loss. Please refresh yourself in our security center.
• Venture Capital has not slowed, with Blockchain Capital raising $580M in two new funds.

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.

The team break down the latest crypto news, from FTX selling tokens to Metamask’s new updates. They also discuss NFTs and the SEC charging a popular project called ‘Stoner Cats’

Key Takeaways

• FTX received court approval to sell billions worth of BTC, ETH, SOL and other cryptocurrencies. Selling will occur gradually.
• Deutsche Bank, Germany’s largest bank, said it will establish crypto custody and tokenisation services. Institutional adoption continues.
• The SEC ​​charged the creator of the Stoner Cats animated web series with conducting an unregistered offering of crypto-asset securities in the form of NFTs. Two straight weeks of enforcement against NFTs.
• Institutional updates: PayPal launched an off-ramp for U.S. users and Visa released a Solana deep dive.
• MetaMask announced one of its biggest-ever updates: Snaps. Allowing you to do more things within MetaMask without leaving.

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.

The team break down the latest news in Crypto last week! Solana, Defi, and more ETF news. They also share what they thought was underappreciated!

Three DeFi platforms settled with the U.S. commodities regulator as the crypto crackdown continues. The U.S. is continuing to target DeFi. More enforcement action is highly likely.

The first spot ETF application for ETH was filed with the SEC. Another milestone of sorts. Anyone’s guess as to whether the SEC will approve it. Best to assume it won’t.

Visa expanded USDC settlement capabilities to the Solana blockchain. After a painful 2022, the positive momentum continues for Solana.

PUGB creator Krafton to launch new Layer 1 blockchain on Cosmos

Vitalik focuses on privacy in a new paper.

00:00 Markets
01:52 Lawsuits
05:20 BTC rules
09:30 Ethereum ETF
13:00 Solana
21:30 PUGB
26:00 Crypto Privacy
29:09 Australia

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.

The team discuss the recent SEC and Grayscale battle. Grayscale won the battle but not the war. They also cover the altcoin market and update you on BASE, Binance, Maker and Uniswap

Key Takeaways

• Grayscale won its lawsuit against the SEC. This court ruling increases the likelihood of, but does not guarantee, an approval of a spot bitcoin ETF in the U.S.
• U.S. court dismisses lawsuit against Uniswap Labs. Another win in court for crypto.
• More Binance FUD. How many more red flags do you need?
• Altcoin News: Solana fork for MakerDao, Base Mainnet is finishing with 3.3M profit in 22 days
• Fidelity’s crypto unit published an ETH investment thesis. Recommended read!

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.

The team breaks down the biggest news items of the week, including Solana Pay and Shopify teaming up. They also cover Centralised Exchanges Binance and FTX, with some troubling news.

Key Takeaways

• Solana Pay integrated its plug-in with Shopify, allowing millions of businesses on its platform to use it for payments. Bullish
• The supply of ETH fell for the first time over a 12-month period, a deflationary year. Bullish
• Binance woes continue with MasterCard ending their partner card program with Binance. Refer to our BNB asset rating, Bearish
• Tornado cash founders have been charged with sanctions violations. Tornado cash is a privacy-preserving protocol.
• FTX news: FTX may work with Galaxy Digital ( Mike Novogratz) to sell, hedge or stake its 3B in crypto assets. This may spell trouble for the cryptocurrency they own and deduce to sell.

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.

The team discuss the recent Volatility in the Crypto market. They also delve into the Coinbase and SEC ETH Futures news and how one of the worlds largest mobile game developers, Zynga enters Ethereum
Key Takeaways

• Bitcoin volatility returns with heavy liquidations in the derivative market. Do not use Leverage.
• Coinbase’s double win. Set to be approved to sell Crypto futures in US while BASE’s onchain summer blasts off. Try out the new chain here.
• Spot ETF’s have taken a backstage while Ethereum Futures take front stage. Refer to PRO Newsletter.
• Gaming giant Zynga (Farmville) set to launch new game on Ethereum with 10k NFT collection.

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.

The team breaks down why PayPal’s launch of its PYUSD stablecoin was such big news. They also share their opinions on some of the other most important news from the past week, including the SEC’s bitcoin ETF decision and the launch of Coinbase’s Base.

Key Takeaways 

1. PayPal launched a stablecoin that’s redeemable 1:1 for U.S. dollars. An encouraging development given PayPal halted this project earlier in the year due to regulatory uncertainty.
2. As expected, the SEC delayed a decision on the ARK 21Shares Bitcoin ETF application. Next deadline is November 11.
3. The SEC plans to appeal a recent court decision involving Ripple Labs. This was always a possibility, considering the case’s potential consequences on the various lawsuits the SEC currently has against crypto businesses.

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.

The team discuss the flurry of new Ethereum Future ETFs and its potential impact on the market. They also explain the significance of the new Layer 2 by Coinbase: BASE. 

Key Takeaways 

• Bitcoin and Crypto remains flat this week, While volatility shows in stocks and trad-fi. 
• Fresh excitement for BASE, the new Layer 2 launching on August 9th. Bridge here
• Professional services firm KPMG reported on Bitcoin’s environmental benefits. This was unimaginable only a couple of years ago. Understanding of Bitcoin is slowly improving.
• 12 new Ethereum Future ETFs have been filed. Stand aside Bitcoin, it’s Ethereums turn. 
• Want to earn some $$? Dai’s DSR is now 8%. Rates will not last!

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.

The team discuss the flurry of new Ethereum Future ETFs and its potential impact on the market. They also explain the significance of the new Layer 2 by Coinbase: BASE. 

Key Takeaways 

• Bitcoin and Crypto remains flat this week, While volatility shows in stocks and trad-fi. 
• Fresh excitement for BASE, the new Layer 2 launching on August 9th. Bridge here
• Professional services firm KPMG reported on Bitcoin’s environmental benefits. This was unimaginable only a couple of years ago. Understanding of Bitcoin is slowly improving.
• 12 new Ethereum Future ETFs have been filed. Stand aside Bitcoin, it’s Ethereums turn. 
• Want to earn some $$? Dai’s DSR is now 8%. Rates will not last!

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.

The team discusses the controversial Worldcoin project and its WLD token, a valuable investment lesson in tokenomics and data security. They further explore DeFi exploits as well as new crypto regulation.

Key Takeaways 

• Sneak Peak: Check out the bookmarks tab on your profile! Save all your articles.
• Worldcoin, the project with eyeball-scanning hardware, went live last week, along with its WLD token. The absurdly low circulating supply taught new crypto investors a valuable lesson.
• Popular DeFi project Curve suffered a critical vulnerability. Tens of millions of dollars worth of cryptocurrencies likely stolen by hackers.
• Some crypto bills passed through very early stages of the legislative process. Promising start, but the major challenge will be getting these through the Senate.

Disclaimer: We are not financial advisors. All opinions expressed by Collective Shift representatives and/or guest/s in this podcast are intended for informational purposes only and should not be treated as investment or financial advice of any kind. Any information provided during the video is general in nature and does not consider viewers' specific circumstances. Please see https://collectiveshift.io/important-information/ for more details.