Originally aired on October 19, 2023
In this episode of The O Show, host Wendy O discusses various topics in the crypto space. She starts by talking about how BlackRock could potentially trigger the next bull run in the market and shares a rumor about a potential XRP Central Bank Digital Currency (CBDC). Wendy also mentions the recent approval of a Bitcoin Futures ETF and its significance. She then delves into the ongoing legal troubles faced by Genesis Digital Currency Group, Gemini Trust, and FTX, highlighting allegations of fraud and misuse of customer funds. Wendy shares her thoughts on the need for an overhaul of the SEC’s administrative proceedings and the support she has received from billionaires like Elon Musk and Mark Cuban. The episode wraps up with news about Standard Chartered launching a crypto custody service for Bitcoin and Ethereum in Dubai, and the proposed creation of a Polygon Protocol Council.
CRYPTO BULLISH NEWS:
- BlackRock potentially triggering the next bull run
- Rumor about XRP CBDC
- Approval of a Bitcoin Futures ETF
GENESIS, GEMINI, AND FTX IN TROUBLE:
- Lawsuit by NY Attorney General against Genesis, Gemini, and DCG
- Allegations of defrauding customers for $1 billion
- Claims of misrepresentation and failure to disclose
OVERHAUL OF SEC ADMINISTRATIVE PROCEEDINGS:
- Need for an overhaul of current agency proceedings
- Eliminating in-house judges and ensuring jury trials
SUPPORT FROM ELON MUSK AND MARK CUBAN:
- Musk and Cuban filing a joint Amicus brief
- Advocating for an overhaul of SEC proceedings
STANDARD CHARTERED’S CRYPTO CUSTODY SERVICE:
- Standard Chartered launching a crypto custody service
- Offering custody for Bitcoin and Ethereum
- Plans to set up a crypto settlement network
CREATION OF POLYGON PROTOCOL COUNCIL:
- Proposal for the creation of a Polygon Protocol Council
- Aimed at executing community-led upgrades
- Includes members from Coinbase and the Ethereum Foundation
00:00 – Intro
05:00 – The entire crypto market
06:15 – BTC daily
06:45 – Big Phemex news PARTNER
08:35 – Back to BTC daily, 12h, 6h, 4h & 45m
13:10 – Solana chart analysis
14:35 – BlackRock updates ETF filing
16:00 – Grayscale updates ETF filing
17:40 – Invesco/Galaxy ETF filing update
18:05 – Why we need an Ethereum ETF
20:00 – Worlds biggest institutions are here
22:25 – Huge XRP CBDC rumor
26:30 – Historic FTX collapse prediction
27:00 – SBFs Twitter DMs examined in court
30:55 – Shady Signature Bank findings
34:05 – FTX customer balanced were fake
37:55 – Genesis is in trouble
41:20 – Elon Musk VS The SEC
44:20 – Polygon 2.0
46:55- MATIC chart analysis