This week, we break down Coinbase’s $375 million acquisition of Echo and debate whether it was a good deal or not. We also dive into other top stories, including FalconX’s acquisition of 21Shares, Tempo’s $500 million raise, the latest developments in prediction markets, and more. Enjoy!
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Referenced In The Show:
https://www.ribbitcap.com/knowledge
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Timestamps:
(00:00) Introduction
(05:11) Coinbase Acquires Echo For $375m
(24:09) FalconX Acquires 21Shares
(27:25) Ads (Blockdaemon, Peaq)
(28:35) Takeaways From The Fed Payments Conference
(35:30) The Market Structure Bill
(41:46) Ads (Blockdaemon, Peaq)
(42:57) Tempo Raises $500m at a $5b Valuation
(49:01) Are Banks In Trouble?
(53:34) Ads (Geodnet)
(54:22) Prediction Markets
(01:02:51) It’s CZ’s World, We’re Just Living In It
(01:06:22) Content of The Week
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
This week, Jonah & Avi from the 1000x podcast join Jason live in the Blockworks studio to discuss whether the crypto cycle is truly over, OGs selling vs new whales entering, and how we manage our portfolios. We also dive into Robinhood’s long-term potential, our favorite crypto projects, finding edge in prediction markets and much more. Enjoy!
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Crypto-native institutions and developers demand institutional-grade infrastructure with regulatory clarity and full asset control. Blockdaemon's Earn Stack is a non-custodial platform combining high-performance staking rewards and seamless DeFi integration with no intermediate smart contract or vaults.
Programmatically access leading Ethereum & Solana staking rewards, plus DeFi opportunities across lending protocols, DEXs, and AMMs. Book a Demo!
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Katana is a DeFi-first chain built for deep liquidity and high yield. No empty emissions, just real yield and sequencer fees routed back to DeFi users.
Pre-deposit now: Earn high APRs with Turtle Club [https://app.turtle.club/campaigns/katana] or spin the wheel with Katana Krates [https://app.katana.network/krates]
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(00:00) Introduction
(02:34) Is the Cycle Over?
(07:57) Crypto Disrupting TradFi Rails
(09:570 Ads (Blockdaemon, Katana)
(11:22) OGs Selling
(14:33) Easiest Trade in Crypto?
(16:34) Crypto PTSD & Profit-Taking Psychology
(22:40) Portfolio Management
(29:19) Ads (Blockdaemon, Katana)
(30:43) Most Attractive Crypto Bets
(33:47) Prediction Markets & Gambling
(38:17) Crypto Wash Trading
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
