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U.S. credit got downgraded. Fed policy expectations are flipping. And Coinbase hit the S&P 500 (while also being extorted).
But what does all of this mean for crypto?
On this week’s Bits + Bips, James Seyffart, Alex Kruger, Ram Ahluwalia, and Noelle Acheson break down:
Why the Moody’s downgrade doesn’t mean much for markets
Whether Fed rate cuts are now further off than expected
Why Alex says Coinbase is a “horrible product” despite S&P inclusion
How stablecoins tie into U.S. geopolitical strategy
Whether Circle should sell to Coinbase
And what the altcoin ETF delay really tells us

A Soon-to-Be $2 Trillion Stablecoin Market? Stripe, Shopify and Banks Want In

The Rise of Public Crypto, ICOs Make a Comeback, and Coinbase Wins Again – The Chopping Block

Bits + Bips: Elon vs. Trump, Bitcoin Supply Shock Brewing, Circle’s Wild Valuation

Jeff Park on Why Owning 1 Bitcoin Is Young People's American Dream