Video published by Rodrigo Arnedo on his YouTube channel.
Rodrigo Arnedo devotes this episode to reviewing the day’s crypto and macro news. He opens with a security incident: according to the video, Amplitude, the company that provides analytics for the Coinbase app, allegedly suffered a hack in which customers’ names, email addresses and phone numbers were stolen. Arnedo notes that users’ funds are safe, but warns of the risk of fraudulent emails, text messages and calls, and explains how to avoid falling for them.
On the macroeconomic front, the YouTuber argues that the Fed is holding rates between 3.75% and 4%, although the two dissenting votes called for raising them, and that the market already assigns an 86% probability to a hike in December. He also mentions that bitcoin has lost the $80,000 level with $356 million liquidated, and that the PCE inflation release is approaching.
Other topics covered in the show:
- Earnings from Microsoft, Alphabet and Robinhood, which according to Arnedo now earns more from prediction markets than from cryptocurrencies.
- Bitcoin on day 38 of the breakout window, with Google searches at five-year lows and three straight days of ETF inflows led by BlackRock.
- Google’s tests of crypto custody for banks and a roundup of the week’s hacks.
More videos by Rodrigo Arnedo on Territorio Blockchain
The opinions expressed in the video are those of its author. This content is for informational purposes only and does not constitute financial advice.
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