Here are 4 pieces of POSITIVE NEWS that will give you the zoomies! (A thread)
1/ @coinbase just bought @DeribitOfficial for $2.9B (the largest crypto acquisition in history) This is Coinbase taking another step towards becoming the ‘everything app’ of investing But it’s not like they don’t have competition…
🚨Coinbase to buy Deribit for $2.9B ($700M cash, 11M shares) in Crypto's Largest Ever M&A: WSJ
2/ EU customers will soon be able to trade US stocks on @RobinhoodApp via the blockchain Several regulatory challenges have historically prevented Robinhood from offering US stock trading to its EU customers But weirdly enough… Thanks to some semi-recent rule changes, blockchain is DECREASING regulatory complexity in this case
While everyone's focused on Jerome Powell, Robinhood is evaluating whether to use Solana or Arbitrum as the backbone of a new service that will let European retail investors trade US stocks. The long-term outlook for crypto is dependent on crypto-specific fundamentals, not 25bps rate cuts.
3/ @stripe is blurring the lines between stablecoins and fiat Want to pay an invoice to a bank account using stablecoins? Stripe lets businesses in 101 countries do exactly that
Introducing Stablecoin Financial Accounts. Hold a stablecoin balance. Send and receive funds with fiat and crypto rails. Accessible from 101 countries: .
4/ A US-UK trade deal was just announced The weird part here is the details of the deal aren’t ground breaking Hell, they’re kinda ‘meh’ → The UK makes up only 3% of US trade → The 10% tariffs on goods from the UK into the US still remains → But hey, at least the threat of 25% tariffs has been put to bed now …so why is the market pumping on the news? ‘Cause the details don’t matter as much as the certainty of the deal The market now knows the rules of the game when it comes to US-UK trade, and is finding renewed hope that more deals may be inked in the future …deals with, say, China? Who knows… @DTAPCAP might (aka: the macro genius with big glasses and an even bigger brain) We just sat down with Dan, live, on today’s episode of The Milk Road Show Click below to watch it now (it’s a certified banger)
The Fed Is Playing With Fire: Consumer Panic, Rate Cuts & Bitcoin’s Setup w/ @DTAPCAP
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