Episode Details

02nd: Crypto & Coffee at 8 

👀 US Fed Gov: NO Shutdown, Crypto Market 🚀🟢 Ethereum Futures ETF launch💰Human Rights Foundation donates $500K to #BTC projects

👀 No Shutdown: Crypto reacts 🚀

❗ The US Congress passed a stopgap measure to avert a government shutdown Kevin McCarthy mentioned via Twitter that the House just passed a short-term stop-gap measure that will keep the government open, pay our troops, and fully fund disaster relief. https://tinyurl.com/35surdfe

📊 MarketWatch 3 days ago stated U.S. government shutdown could boost bitcoin prices, article https://tinyurl.com/2prkccat the prices have pumped BUT now since there is a stopgap. Tal Cohen managing director at Kraken Digital Asset Exchange USA, agreed that a government shutdown could be beneficial for bitcoin, but is less bullish on the price increase.

⚡ Now since we have a stopgap for 45 days, could this mean the prices would dump?

⚡ The global crypto market is close to $1.10T, See slides 1 & 2 below for a global snapshot. Also, check out our commentary on how Fed shutdown news & and stopgap updates have impacted the crypto market.

👁️ Ethereum futures ETFs to start trading next week?

🟢 Cointelegraph reported on the 28th Sep that Investment firm Valkyrie will start offering exposure to Ether futures in the coming day, Starting Oct. 3, the fund’s name will be updated to the Valkyrie Bitcoin and Ether Strategy ETF. It will allow investors access to Ether and Bitcoin futures “under one wrapper,” making it one of the first firms to do so amid several pending applications with the U.S. Securities and Exchange Commission.

🟢Asset manager VanEck also disclosed its upcoming Ethereum Strategy ETF, which will be listed on the Cboe Global Markets (CBOE) in the coming days. Analysts suggested that a potential U.S. government shutdown might have accelerated the launch of Ether futures ETFs. https://tinyurl.com/ymjn5z5t

❗ This was under the assumption Fed would be shutting down from the 01st Oct

❗ But now since there’s a 45-day stop gap does this guarantee an Ethereum Futures ETF

🌟 VanEck to donate 10% of profits from Ether ETF to core developers for 10 years Info here https://tinyurl.com/ppvvnz9z

🔴 Ethereum DAO monopoly

🟩 Vitalik Buterin, one of Ethereum’s co-founders, has recently voiced concerns about the growing influence of (DAOs) in the governance of node operators within liquidity staking pools. Blog https://tinyurl.com/mtpk4ejb

💰 Human Rights Foundation donates over $500k to 15 Global Bitcoin projects These new