Collective Shift
Welcome to the Collective Shift podcast, where we aim to help you save time and get ahead in the world of cryptocurrency. In each episode, we cover the latest crypto developments and trends, discussing important headlines and introducing exciting new projects. We understand that crypto can be overwhelming, which is why we strive to provide clear and concise information to help you make informed decisions. So join us as we delve into the intersection of finance and tech, and learn how you can use crypto to stay ahead of the curve.
Collective Shift
Payments Giant Stripe Reopens Crypto Payments & Why Prices Are Sliding
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Collective Shift
Join Matt and Nick as they break down the busy week ahead in the macro economy; Stripe’s return to crypto payments; Morgan Stanley bitcoin ETF rumours; altcoin updates; and more.
Key Takeaways
- The crypto market continues to slide, with ETH a notable outperformer among the majors.
- This week’s policy update from the U.S. Federal Reserve will likely impact investor sentiment. Other macro factors to monitor are the U.S. Treasury’s refinancing announcement and the weakening Japanese yen.
- Major payment company Stripe announced it will once again support crypto payments. Support will initially be for the USDC stablecoin.
- Morgan Stanley is reportedly preparing to allow its 15,000 brokers to recommend that customers buy spot bitcoin ETFs on an unsolicited basis. Accessibility to these ETFs should only expand as the year continues and should increase demand for BTC.
- Among the altcoin updates covered: Hedera and BlackRock confusion; Jupiter Mobile Initiative; and Stacks rolling out long-awaited ‘Nakamoto’ upgrade.