In today's episode of Empire Santi and Jason dive into recent crypto market volatility triggered by an analyst report forecasting SEC rejection of a spot Bitcoin ETF. They discuss the risks of overleveraging during bull runs, debate the usefulness of "economic security," and managing greed in seek of high yields. The conversation then turns to an in-depth analysis of the emerging trend of "restaking" protocols and discuss concerns about adding fragility and centralization risks. To close out they discuss the pending SEC decisions around several Bitcoin ETF filings . Thanks for tuning in!
- -
Follow Santi: https://twitter.com/santiagoroel
Follow Jason: https://twitter.com/JasonYanowitz
Follow Empire: https://twitter.com/theempirepod
Subscribe on YouTube: https://tinyurl.com/4fdhhb2j
Subscribe on Apple: https://tinyurl.com/mv4frfv7
Subscribe on Spotify: https://tinyurl.com/wbaypprw
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
- -
Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.
Use the link below to learn more, and use EMPIRE10 to get 10% off your ticket! Sign up now because the price goes up every month. See you there!
Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home
- -
Resources
Andrew Kang Post
https://x.com/Rewkang/status/1742011188609712263
Marginal Revolution: Automatic Tax Filing?
https://marginalrevolution.com/marginalrevolution/2022/05/automatic-tax-filing.html
- -
Timestamps
(00:00) Buying Nike Sneakers & Meeting Fashion
(02:51) The Market Nuke
(10:51) Using Leverage vs Holding Spot
(27:32) ETF Updates
(34:07) Crypto Tax Reporting Obligations
(42:12) Restaking: A Risk?
- -
Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
Information
- Show
- Channel
- FrequencyUpdated Weekly
- PublishedJanuary 5, 2024 at 12:00 PM UTC
- Length1h 4m
- RatingExplicit