Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, the four discuss Bitcoin’s price surge over the past week amid growing optimism that a spot BTC exchange traded fund would win regulatory approval, an erroneous Wall Street Journal story about crypto funding to the terrorist group Hamas and AI and crypto illiteracy among leading U.S. lawmakers.
Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.
Show highlights:
the reasons why the price of Bitcoin has gone up so much in the last week
whether Bitcoin is decoupling from the traditional stock and equity markets
why Robert is convinced that Bitcoin pumped this much due to the BlackRock ETF news
what an ETF is and why it could be a big deal for Bitcoin
whether the analogy to the gold ETFs works for Bitcoin
how an inaccurate report from the Wall Street Journal about Hamas' usage of crypto sparked so much criticism within the crypto community
why that crypto is not a good venue for illicit financing
how the US political class is 'illiterate' about AI and crypto, according to Tarun
Hosts
Haseeb Qureshi, managing partner at Dragonfly
Robert Leshner, founder of Compound
Tom Schmidt, general partner at Dragonfly
Tarun Chitra, managing partner at Robot Ventures
Disclosures
Links
Recent coverage of Unchained on spot Bitcoin ETFs:
Why a Spot Bitcoin ETF Will Probably Launch No Later Than January 10
Why It Looks Like BlackRock Could Win America’s First Spot Bitcoin ETF
Bitcoin ETFs
Unchained:
Bitcoin Soars Past $35,000 Amid Spot ETF Optimism
Bitcoin ETFs Explained: What Are They & How Do They Work?
South China Morning Post: China’s stock market fund outflows add to biggest capital flight since 2016: Goldman
Regulation:
Reuters: US lawmakers urge White House crack down on Hamas use of crypto after Israel attack
Forbes: Elizabeth Warren Is Building An ‘Anti-Crypto Army’—Feeding Serious U.S. Bitcoin Ban Warnings
WSJ: Hamas Militants Behind Israel Attack Raised Millions in Crypto
Cryptoslate: Crypto community accuses WSJ of exaggerating Hamas crypto funding by 99%
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