This week in crypto we saw markets…stumble? Then recover? Is the 2024 bull run over?  Elizabeth Warren is targeting prediction markets and the crypto community is pushing back, obviously. Meanwhile, SEC Chair Gary Gensler also faces setbacks…more L’s?  Zora’s latest release promises to shake up the NFT world.  And in a surprising twist, Trump's children have reportedly taken a keen interest in…DeFi…? ------ TIMESTAMPS & RESOURCES 0:00 Intro 2:50 What happened to markets? x.com/dougboneparth/status/1820448580290724222 www.cnbc.com/2024/08/05/carry-trades-a-major-unwinding-is-underway-amid-a-stock-sell-off.html x.com/KobeissiLetter/status/1819753746202546478 x.com/radarhits/status/1820091232770572794 www.coindesk.com/markets/2024/08/08/kamala-harris-donald-trump-tied-on-polymarket-on-who-will-be-the-next-us-president/ x.com/WatcherGuru/status/1820554001450258522 x.com/KobeissiLetter/status/1820897733143585209 11:27 What happened since Monday www.reuters.com/markets/asia/boj-wont-raise-rates-when-markets-unstable-deputy-governor-says-2024-08-07/ x.com/peruvian_bull/status/1820999796334981126 x.com/NickTimiraos/status/1821532870529396989 x.com/Polymarket/status/1820869310119662035 x.com/KobeissiLetter/status/1820870572093448299 14:31 Bankless Episodes - Livestream & Tom Lee www.youtube.com/live/CIbt2xlBJ5A?si=_60rGAl_9zzv-H0C youtu.be/lD9774SuP3E?si=-a3Zmt-1r6aS22xq Total Crypto Market Cap & Prices www.coingecko.com/ 22:24 Jump Capital is selling its crypto positions x.com/lookonchain/status/1820321011730116636 25:17 Highest ETH ETF inflows since their launch x.com/zerohedge/status/1821143966462484640 x.com/TommyWorldPower/status/1821091488132165719 www.cnbc.com/2024/08/02/morgan-stanley-wealth-advisors-bitcoin-etfs.html 27:10 Why is ETH so weak? x.com/RyanSAdams/status/1821534234382627195 imgur.com/TsIvCPi x.com/ceterispar1bus/status/1820842327901954453 33:38 Strong earnings for key crypto companies in Q2…what we can learn? s27.q4cdn.com/397450999/files/doc_financials/2024/q2/Q2-24-Shareholder-Letter.pdf www.theblock.co/post/310136/robinhoods-q2-crypto-revenues-up-161-as-trading-volume-hits-21-5-billion x.com/wazzcrypto/status/1786139849197551637 36:56 Are Prediction Markets bad? Sen. Warren thinks so www.merkley.senate.gov/wp-content/uploads/CFTC-Letter-FINAL.pdf x.com/mansourtarek_/status/1820486209031766204 x.com/matthew_d_green/status/1821146583955583068 x.com/iamDCinvestor/status/1821361435449962562 x.com/hasufl/status/1820818054621622673 x.com/LWarho/status/1820888617469771813 x.com/Domahhhh/status/1821208004529942713 x.com/TrustlessState/status/1821178136282726643 48:02 Zora protocol now creates pools on Uniswap! x.com/js_horne/status/1821215028457967757 x.com/haydenzadams/status/1821229811689517401 x.com/tbtstl/status/1821217611935273368 50:11 Ripple Labs settled with SEC & More Ls x.com/EleanorTerrett/status/1821276946921345341 x.com/lex_node/status/1821282897921503742 x.com/bgarlinghouse/status/1821289051191963861 storage.courtlistener.com/recap/gov.uscourts.nysd.599908/gov.uscourts.nysd.599908.150.0.pdf x.com/RyanSAdams/status/1821169925769044250 x.com/EleanorTerrett/status/1820540465609130052 53:25 Were Eric and Donald Trump Jr DeFi-pilled? x.com/EricTrump/status/1820906993802211751 x.com/DonaldJTrumpJr/status/1821164331020517596 55:04 Where did Brian Armstrong’s co-founder go? x.com/fehrsam/status/1820859394361610338 57:10 MEME of the Week media.discordapp.net/attachments/1257324353301905579/1270790505357115674/image0.jpg?ex=66b5a422&is=66b452a2&hm=33fc015ff27ad80a11172c464d2edb054bd418d5234be0088788f6946593404f&=&format=webp&width=1620&height=1843 58:28 Closing & Disclosures ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠