Core US Inflation Rises to 40-Year High, What Does it Mean For Crypto?
With inflation persisting, markets took a nosedive following the Core inflation figure announcement yesterday but have since recovered their losses. Today we’re discussing the markets, where inflation is likely to go, the rising US Dollar, and what this news packed week is likely to mean for all of us following the DeFi space.
The US bureau of Labor & Statistics presented their findings which included Core CPI at 6.6% YoY.
This is the Highest Core CPI has been since back in 1982. The significance of a long term view can sometimes be overlooked in DeFi given just how young the space is, so to really drill it in, we’re talking about the worst inflation on consumer goods in over 4 decades.
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Let's get real - NFTs aren't just about cute profile pics. In this episode we're lifting the curtains to unveil the ugly secrets of the NFT world: the scams, the shitcoins, the mods, the influencers, the scamdrops, wash trading, you name it. Joining us will be Artur Sychov (founder and CEO at Somnium Space), NFT enthusiast @Zeneca_33, Abby (Co-owner & artist TopDogBeachClub), and JCrypto (Founder of CryptoDads).
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Are you bored of hearing about FATF and regulations? It probably isn’t even on your radar right now. And let’s face it there are a thousand other entry points to this space that are just frankly, a lot more interesting. Thing is though, here at the Defiant we can’t afford to ignore it. For the longest time DeFi has been this niche corner of the cryptoverse, populated by weirdos, wonks and degenerates. But we’re about to be thrust into the very frontline of the battle for the soul of this entire space. With Zuckerberg announcing Meta and the Web2 behemoth’s plan for global domination it’s going to put this weird little corner of ours even more into the spotlight. Stablecoins are literally the backbone of DeFi and this conversation will shape the future of the entire crypto space in ways that eclipse Bitcoin’s spectacular rise to legitimacy. Stablecoins are the sinequanon of Web3 and the US Treasury seems to be absolutely petrified of them. So, if this subject bores you rigid, I’d urge you to just watch this one video. I’ve tried to keep it short and sweet because… well DeFi just hit the big time.
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Crypto in freefall or is this just a hard reset, big gulp of air? We don't normally do big market analysis but it seems only right that we take a look at what happened over the weekend.
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Dan Finlay is the co-founder of MetaMask - one of the main wallets for people to interact with Web 3. In our conversation we will dive into Dan’s background prior to co-founding MetaMask, where Dan sees MetaMask heading in the upcoming years, their privacy policies, a potential MASK token, Dan’s hopes and dreams for the next bull run and so much more. But first, Dan will tell the origin story of MetaMask.
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Chris Dixon, a General Partner at Andreessen Horowitz, is the author of "Read Write Own: Building the Next Era of the Internet." This book is an essential read for anyone looking to grasp the essence of the Web3 movement.
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