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
Tariff Day Arrives, Investors Hope For Clarity
Join Matt and Simon as they discuss the current state of the crypto market, focusing on the impact of upcoming tariff announcements on April 2 and the evolving landscape of stablecoins.
Key Takeaways:
- The crypto market finished the week lower as investors continued to de-risk in anticipation of April 2, when U.S. President Donald Trump will announce a slew of tariff updates.
- ETH had its second-worst Q1 on record (-45.5%), while BTC fell by 12%.
- Fidelity, one of the world’s largest asset managers, is reportedly in advanced stages of developing its own stablecoin. It follows recent reports that the asset manager is preparing to launch an onchain product for its U.S. dollar money market fund.
- The U.S. state of Wyoming is aiming to launch its long-planned stablecoin by July, Governor Mark Gordon said last week. It comes as various financial institutions and fintech companies are reportedly planning to enter the stablecoin market. Ultimately, greater stablecoin adoption can drive increased onchain activity.
Timestamps:
00:00 Intro
00:55 Market Update & Q1 Performance
02:45 Macro Uncertainty & De-Risking
04:53 How Much Worse Can It Get?
07:15 Tariff Announcements on April 2
11:25 GameStop Buying Bitcoin
15:10 Strategy Buys More Bitcoin
16:27 Stablecoin Adoption (Wyoming Government, Fidelity)
22:29 No Notable Altcoin Updates
23:32 What's Ahead
24:10 Less Barriers For Banks To Expand Into Crypto
25:22 Tornado Cash
27:00 Outro