Weekly Roundup 06/07/24 (Bitstamp acquired, Paxos launches USDL, Bitcoin miners and AI, Kraken IPO rumors) (EP.534)

Matt and Nic are back for another week of news and deals. In this episode: Kerrisdale versus Bitcoin miners Robinhood buys Bitstamp for $200m Biden vetoes the SAB121 overturn bill Is the Biden admin’s pro crypto tilt over? Tucker interviews Bukele Coinbase donates to Fairshake SEC takes more Ls Big inflows into the bitcoin ETFs Are ETF inflows more about the basis trade? Paxos launches the interest-bearing stablecoin USDL out of the UAE Can Bitcoin miners sell into the AI cloud market? Kraken is in talks to raise a pre-IPO round State Street is reentering crypto MiCA and stablecoins Matt’s latest crisis The barbell approach to AI investing  Sponsor notes: Breaking Down Ethereum Blobs & EIP-4844 In Coin Metrics' State of the Network issue 262, we break down Layer-2 blob usage and evaluate the success of Ethereum’s EIP-4844 upgrade.