Planet Money - Two crypto crash Indicators
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The DXY hits its highest levels since 2002.
This episode is sponsored by Nexo.io, Chainalysis and FTX US.
On today’s episode, NLW digs into the idea of the U.S. dollar as a global wrecking ball, and explores why the dollar is the strongest it has been against other currencies in 20 years. As part of this, he also looks at structural weakness in Japanese and European currencies.
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Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io.
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Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases. For more information, visit www.chainalysis.com.
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FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: MicroStockHub/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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The UK's regulatory authority on competition has officially opened an investigation into Microsoft's deal to buy Activision Blizzard. (0:21) Bill Mann discusses: - Why Wall Street is shrugging off the news - What to expect when the decision is announced by September 1st - Amazon's deal to take a small stake in GrubHub - The prospect for more companies (e.g., Salesforce, Atlassian) to take stakes in smaller software companies (11:51) Deidre Woollard talks with Jacob Goldstein about his recent interview with Redfin CEO Glenn Kelman, the 3% commission model, and more.
Got a question about stocks? Call the Motley Fool Money Hotline at 703-254-1445.
Stocks mentioned: MSFT, ATVI, UBSFY, AMZN, JET, CRM, TEAM, RDFN, ZG Host: Chris Hill Guests: Bill Mann, Deidre Woollard, Jacob Goldstein Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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The most valuable crypto stories for Wednesday, July 6, 2022.
"The Hash" team discusses today's top stories, including the latest development of crypto brokerage firm Voyager Digital's bankruptcy filing and Polygon partnering with tech startup Nothing to launch its own Web3 smartphone.
This episode was edited by Eleanor Pahl and our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Kevin Weil is the ex-head of product at Twitter and Instagram. He's currently the president of business and product at Planet. Weil joins Big Technology Podcast to share an insider's view of how Twitter and Instagram build products, what their potential is, and how each product is dealing with big, imposing, outside forces (Elon Musk and TikTok). Stay tuned for the second half, where we discuss Planet, a fascinating company whose hundreds of satellites orbiting the earth capture a new, complete picture of our world daily.