CoinDesk Podcast Network - UNCHAINED: Crypto Prices Are Way Down. Is It Time to Buy the Dip?

Jeff Dorman from Arca breaks down the recent crypto crash, its causes, and whether buying the dip is a smart move.


The recent crypto crash has left many investors questioning the way the market is going. In this episode, Jeff Dorman, chief investment officer at Arca, provides a deep dive into the factors behind the crash, the macroeconomic influences at play, and why he remains optimistic despite the downturn. Expressing surprise at Ethereum's underperformance this year, he describes how the Democrats’ handling of crypto is an own goal, and how TradFi and DeFi differ from each other during market upheavals.

Show highlights:

  • The two main reasons the markets crashed this past weekend
  • How the macro environment has affected crypto lately and why the market has gotten “way ahead of itself”
  • Why ETH was down so much, more than other cryptocurrencies
  • The “most important” shift in crypto policy that has occurred this year
  • The Japanese yen carry trade that was one of the key factors in the market meltdown
  • Whether Genesis distributing $4 billion in assets had an impact on the market
  • Why Jeff believes that the data we have today does not point to a recession in the U.S.
  • Why Jeff says he’s “buying the dip”
  • Crypto as a political issue and why he thinks Harris winning would not be as bad for crypto as many believe
  • Why bitcoin doesn’t always act as a hedge against equity-related or geopolitical risk, in Jeff’s opinion
  • What Jeff thinks about the proposals for the U.S. government to buy bitcoin for a strategic reserve
  • The stark contrast between TradFi giants halting trading and the permissionless nature of DeFi

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

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Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk.

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Reset with Sasha-Ann Simons - Hosting The Democratic National Convention Puts Mayor Johnson To The Test

The mayor is racing to prepare the city to host the DNC. Plus, the convention is working with tourist arm Choose Chicago to promote diverse neighborhoods among convention attendees, but it’s unclear how effectively this will spread the benefits of the convention across the city. Reset learns the latest on the DNC. For a full archive of Reset interviews, head over to wbez.org/reset.

Up First from NPR - Harris/Walz Campaign Kicks Off, Walz’s MN Record, UK Riots

Vice President Kamala Harris and her new VP pick made their first campaign appearance together in Philadelphia. Walz's track record as Governor of Minnesota offers clues about his governing style, and far right rioters caused havoc in UK cities.

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Today's episode of Up First was edited by Dana Farrington, Acacia Squires, John Helton, Janaya Williams and Alice Woelfle. It was produced by Ziad Buchh, Nia Dumas and Julie Depenbrock. We get engineering support from Carleigh Strange. And our technical director is Zac Coleman.


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The Intelligence from The Economist - Walz onto the stage: Kamala Harris’s VP pick

Tim Walz, a folksy Midwesterner who came late to politics, is on the Democratic ticket. We ask how he got there and whether he was the best tactical pick. A visit to Lebanon reveals a sense of foreboding, as a sharper war between Israel and Hizbullah seems inevitable (11:04). And the executives who just don’t know when to quit (19:53).


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Big Technology Podcast - AI’s Doomsday Philosopher Says Maybe It’ll All Be Totally Fine — With Nick Bostrum

Nick Bostrom is a renowned philosopher and bestselling author of "Superintelligence" and "Deep Utopia." He joins Big Technology to discuss the potential outcomes of advanced artificial intelligence, from existential risks to utopian possibilities. Tune in to hear Bostrom's thoughts on how humanity might navigate the transition to a world of superintelligent AI and what life could look like in a technologically "solved" world. We also cover the evolution of AI safety concerns, the concept of effective accelerationism, and the philosophical implications of living in a post-scarcity society. Hit play for a mind-expanding conversation about the future of humanity and the profound challenges and opportunities that lie ahead.

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Questions? Feedback? Write to: bigtechnologypodcast@gmail.com

Money Girl - 6 Ways Using Credit Cards Can Build Excellent Credit

Laura reviews six ways to use credit cards to build excellent credit scores that will improve many areas of your financial life.

Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.

Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.

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The Daily Detail - The Daily Detail for 8.7.24

Alabama

  • A settlement this week ensures that a state execution will proceed in Sept.
  • AG Marshall joins 21 other states in legal brief supporting ban of TikTok app
  • State senator Garland Gudger released from hospital after July accident
  • Mobile city council approves resolutions to proceed with passenger rail
  • Judge in Jefferson county being exposed for his liberal bias and insults

National

  • Reaction to Tim Walz as VP for Harris is legion, due to his socialist ideology
  • CA professor wins $2.3M in settlement over wrongful termination & slander
  • America First Legal suing Maricopa County AZ for many election violations
  • Elon Musk says X platform now suing advertisers for boycotting platform
  • Whistleblower from USSS agency keep contacting Sen. Hawley of MO 

Ologies with Alie Ward - Funology (YES, FUN) with Catherine Price

What exactly is “fun?” How will you know when you’re having it? Do introverts have special alone fun? Is it okay to seek fun in bleak times? Catherine Price is an award-winning journalist and author who spent years researching the science of fun for her book “The Power of Fun: How to Feel Alive Again.” She let me lob many questions at her including: adult vs. childhood fun, what’s the difference between happiness and laughter and fun, what does fun do to your actual meat body, how can you have more of it, do substances mean more fun, and how to have fun when the world is crumbling in cinders around you – and why it’s important that you do. It’s a fun one, I promise. 

Visit Catherine’s website and follow her on Instagram and X

Read her book: The Power of Fun: How to Feel Alive Again

Subscribe to her Substack newsletter, How to Feel Alive with Catherine Price

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NBN Book of the Day - Samuel Ely Bagg, “The Dispersion of Power: A Critical Realist Theory of Democracy” (Oxford UP, 2023)

This year, many countries around the world, including most of the world's most populous democracies, have consequential nation-wide elections. In many of these elections, democracy itself is at stake. The Dispersion of Power: A Critical Realist Theory of Democracy (Oxford UP, 2023) is an urgent call to rethink centuries of conventional wisdom about what democracy is, why it matters, and how to make it better. Drawing from history, social science, psychology, and critical theory, Samuel Ely Bagg explains why we should shift our orientation away from maximizing collective self-rule and why prevailing strategies of democratic reform often make things worse. Bagg argues we should see democracy as a way of protecting public power from capture - a vision that is at once more realistic and, he argues, more inspiring. The book presents an ambitious and comprehensive engagement with democracy's foundations, principles, and practices. Make no mistake, this work of political theory is profoundly worldly: it bears reading for those interested in politics across time, space, and scale - from the reconstruction US to contemporary Hungary, Turkey and Venezuela. 

Samuel Bagg is Assistant Professor in the Department of Political Science at the University of South Carolina, where he teaches courses in political theory. Before coming to UofSC, he taught at the University of Oxford, McGill University, and Duke University, where he received his PhD in 2017.

Vatsal Naresh is a Lecturer in Social Studies at Harvard University. His recent publications include co-edited volumes on Negotiating Democracy and Religious Pluralism (OUP 2021) and Constituent Assemblies (CUP 2018).

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