CoinDesk Podcast Network - BREAKDOWN: Bitcoin’s Big Institutional Week – JPMorgan Brings Crypto to All Wealth Management Clients & More

A stream of institutional news revives the previously stagnant narrative.

This episode is sponsored by NYDIG.

This week, institutional involvement was revived after the past few months’ inactivity. NLW covers new evidence for institutional interest, including:

  • A billionaire you can’t ignore
  • JPMorgan offering crypto exposure
  • Galaxy Digital’s big bank backers

Elon Musk’s revelation that SpaceX, the space exploration company that he founded, held bitcoin was joined by billionaire Thomas Peterffy’s admission that he holds some crypto, even hinting he sees “a small chance this will be a dominant currency.” On the wealth management end, JPMorgan has opened crypto exposure to all of its clients, a typically conservative set who tend to be passive in their investments. Lastly, London-based digital trading asset venue Galaxy Digital’s big bank backers continues to grow. The latest addition was BNY Mellon.

All this together points to the fact that institutions, no matter how reluctantly, see crypto as an inevitable investment that can’t be ignored.

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NYDIG, the institutional-grade platform for Bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.

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The Breakdown is written, produced by and features NLW, with editing by Adam B. Levine and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Only in Time” by Abloom. Image credit: Tiffany Hagler-Geard/Bloomberg/Getty Images, modified by CoinDesk.



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Motley Fool Money - Restaurant Record Highs and The Cult of We

Domino’s delivers. Chipotle serves up big earnings. Snap surprises. Netflix slips. Crocs kicks it up a notch. Zoom Video buys Five9. Johnson & Johnson rises. And Boston Beer fizzles. Motley Fool analysts Jason Moser and Maria Gallagher discuss those stories and share two stocks on their radar: PayPal and Squarespace. Plus, Wall Street Journal reporter Elliot Brown talks about the new book he co-authored, The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion.

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The Commentary Magazine Podcast - The Coming Revolt of the Vaccinated

With municipalities around the country reimposing indoor masking recommendations or even mandates, no one seems to be asking whether the fully vaccinated will welcome much less endure restrictions they shouldn’t have to observe. Is a backlash brewing? Also, California Gov. Gavin Newsom’s recall election is looking more and more like a tossup. Source

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The Daily Signal - How This Pastor Resisted Government to Keep His Church Open During COVID-19

Churches, synagogues, and other places of worship faced extraordinary challenges during the COVID-19 pandemic, especially in liberal states such as California.


Rob McCoy, senior pastor of Godspeak Calvary Chapel of Thousand Oaks in California, joins a bonus episode of "The Daily Signal Podcast" to talk about he kept his church open during COVID-19 amid the restraints imposed by the state government led by Gov. Gavin Newsom, a Democrat.


"When COVID came out, and the governor declared that the church is not essential and wouldn't allow us to do Communion during our Holy Week, [from] Palm Sunday to Easter Sunday, I refused to adhere to that," McCoy says, adding:


So we followed [Centers for Disease Control and Prevention] standards, we did Communion service, and I resigned from my [Thousand Oaks City] Council seat because I knew they'd have to censure me and they weren't going to uphold their oath of office to the Constitution.And we did Communion. And then ... the riots happened in LA, where 75% of the businesses that were burned and looted were Jewish-owned and targeted. And the governor embraced it, shoulder to shoulder, no masks. We realized then, now knowing the data, [and] we opened the church wide on May 31. And then in August, we didn't have a single case of COVID.



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Stuff They Don't Want You To Know - NASA Was In Bed With The CIA (And Everyone Else)

The National Aeronautics and Space Administration is responsible for some of the most profound breakthroughs in the history of space exploration. Since NASA's creation in 1958, the organization has been touted as an explicitly civilian organization. Yet there's more to the story -- the history of space exploration, as it turns out, is literally the Stuff They Don't Want You To Know.

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CBS News Roundup - World News Roundup: 07/23

The Olympic opening ceremony gets under way --- a year late --- in Japan. Mandating vaccines. Raging western wildfires. CBS News Correspondents Steve Futterman in Tokyo and Steve Kathan have today's World News Roundup.

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Headlines From The Times - The Battle of 187’s ripple effects

Because of California Proposition 187, conservatives turned into liberals, apathetic people got motivated and Latinos in the state truly found their political voice. Now members of that generation are all over Capitol Hill. 

Today, we speak with Los Angeles Times political reporter Sarah D. Wire about how Congress has changed, what has stayed the same, and whether Donald Trump's presidency created a new moment that galvanizes Latinos and makes them jump into politics. 

This is a brand-new coda of sorts for the L.A. Times-Futuro Studios 2019 podcast series “This Is California: The Battle of 187,” about the 1994 California ballot initiative that sought to make life miserable for undocumented immigrants but instead radicalized a generation of Latinos in the state.

More reading:

California’s immigrant crackdown propelled Latinos to Washington. After Trump, could it happen again?

Prop. 187 flopped, but it taught the nation’s top immigration-control group how to win

Latino voters tired of being taken for granted by baffled Democratic campaigns

The Intelligence from The Economist - A dangerous games? A muted start to the Olympics

Tokyo is under a state of emergency; covid-19 cases are piling up. But for Japan, a super-spreader event is just one of the potential costs of this year’s games. We ask why Britain’s government has essentially given amnesty to those involved in Northern Ireland’s decades of deadly violence. And our obituaries editor reflects on the life of an Auschwitz accordionist.

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What Next - What Next | Daily News and Analysis – TBD | How Spyware Mercenaries Hack Your Phone

This week, Amnesty International and a French journalism nonprofit named Forbidden Stories revealed that technology from a spyware firm called NSO Group is being deployed on a massive scale. The spyware, called Pegasus, gives the user access to every part of a victim’s smartphone -- notes, messages, photos, and recordings. 

What’s it like for security researchers to see their worst fears about digital spying play out? And what are they worried about next?

Guests:


John Scott Railton, Senior Researcher at the Citizen Lab at the University of Toronto

Siddharth Varadarajan, Founding Editor of the Wire


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