Cheddar's "The Crypto Craze" covers the latest trends, and news in the space. the cryptocurrency is floating around the $8,000 mark after a dip on Tuesday. The price has been slowly climbing again. The same pattern has been seen in other major cryptocurrencies like Ethereum and Ripple.The price of cryptocurrencies have been mostly stable is the last couple days, a big contrast to the Dow's major moves and volatile swings. Cheddar's Brad Smith and Hope King break down the factors driving this stability and the state of regulation in this space.
Recently the S.E.C. stated it wants to have more of a role in the regulation of cryptocurrency. Tom Smith, Associate Professor at Emory University's Goizueta Business School, joins The Crypto Craze to discuss what that means for crypto traders and more!
Smith cites that the CEO of Ripple recently said we should stop thinking of cryptocurrency are currencies, but more as an underlying asset. Smith believes if people change their mindset, the market for cryptocurrency will change as well.
Peter J. Ferrara, policy analyst and Senior Fellow for Legal Affairs at The Heartland Institute explains a new version of bitcoin called AML bitcoin, which takes the anonymity out of each transaction. He says this change in the technology may flourish if the SEC takes a stronger hold on the regulation of crypto.
Plus, Ferrara believes this is a turning point crypto because now each "wallet" will be tied to a biometric identity. Up until now it's been a little like the wild, wild west. There weren't any laws or sanctions and that caused problems with money laundering and even using crypto as a payment for terrorism.
Seth Schachner, Managing Director at StratAmericas, weighs in on Spotify earnings and why that headline-grabbing deal with Joe Rogan could be worth that $250 million.
Mitch Roschelle, Managing Director at Madison Ventures, shares why investors may be waiting longer than expected for those interest rate cuts, and why he’s watching tech, oil, and homebuilder stocks.
Amazon saw 24% growth in their Thursday Night Football audience in 2023. Subscribers will be rewarded with even more sports, but not without enduring more ads — unless they pay extra, of course.
Low unemployment + 350 thousand new jobs in January = ...more layoffs? A bunch of tech and retail companies have laid and are laying off employees after a nationwide hiring surge during the pandemic.
The most magical place on Earth wants a protective order to keep Gov. Ron DeSantis' appointees from knowing how the magic happens. A federal judge dismissed a separate Disney lawsuit last week.
Just days before the 49ers and Chiefs play in Las Vegas, Joe Pompliano, Investor at Pomp Investments and author of the Huddle Up Newsletter, discusses why he thinks this could be the most-watched Super Bowl in history.
