DXY Up BTC Down, CRV Finance in Trouble, DeFI Lending at Risk, IRS Taxes Staking - AB 11 [Xub4I38Zj0K]

DXY Up BTC Down, CRV Finance in Trouble, DeFI Lending at Risk, IRS Taxes Staking - AB 11 [Xub4I38Zj0K]

| 1h 28m 28s | Video has closed captioning.

On episode #11 of Alpha Bites: We dive into the markets and discover they remain range-bound, with the dollar index strength capping Bitcoin's rally. JJ is watching for a reversal in the dollar to give Bitcoin some breathing room. Meanwhile, whale wallets continue accumulating Bitcoin between $27k-$30k. This suggests they are positioning for higher prices in the long-term. Ben think the normalization of the US yield curve could attract renewed interest on the risk curve if it continues. This may indicate the Fed's soft landing is on track. Kodi reviews the latest on-chain developments... A meme coin called $BALD rugged on Coinbase's Base chain, with the creator manipulating liquidity and hype to profit $5M before pulling the liquidity. A bug discovered in an old version of the Viper compiler allowed hackers to drain $60M from Curve Finance pools, highlighting risks from unaudited compilers. And the founder of Curve Finance has used 43% of the CRV supply as collateral for huge loans, putting lending protocols at risk if CRV's price falls. On the bright side, Justin Sun introduced a sketchy looking stablecoin yield project on Tron taking advantage of issues with Curve. While risky, it was a savvy marketing play. The team reviews the IRS clarifying that staking rewards are taxable may put sell pressure on staked assets like ETH and agree more regulatory clarity is still needed in crypto. And Ben describes the Bretton Woods 3.0 thesis and how the use of DeFi primitives to bypass the dollar in settlements could erode its dominance over time. Finally, the team is asked which crypto's will win the race for AI or alien usage and the votes were for Tron, Ethereum, Cosmos/Atom and Dogecoin. Hit the subscribe buttons to stay current on these data trends and to be notified when we (finally) go live on video. Follow the team: xChanging Good Studios Espresso Newsletter On Twitter @Marconiwight @MrBenLilly @JlabsJanitor @horushughes @Kodi_thekid @benjamin_skew ## Disclosure Statement This content is for entertainment purposes only. Nothing shared during this broadcast is or should be considered financial advice. The views and thoughts shared here are simply opinions. Do your own research and consult a registered financial advisor before making any investments. #melter gummies trisha yearwood #dr oz male enhancement drug #zyflex male enhancement #preactiv male enhancement #king kong male enhancement