NFC Lisbon w/ John Karp

CPI came in today at 4.9% vs 5% expectations which spells out yet another move lower, all around positive for markets. Stocks are up about 1-1.5% move higher with interest rates also moving a bit on the news.Crypto is doing ok, BTC is back in the 28k range and ETH is in the 18's which seems to be its stability level these days.The headlines are stirring things up by pointing to the central bank's goal of 2% for CPI not being reached. The reality is that it's a win to come in below expectations and that should be the focus, but the media will push a narrative that stirs the pot.NFTs are still not doing well, trading volumes are down around 60% from their levels a few months ago; this has directly affected floor prices and most projects are bleeding. The trend to sell NFTs to buy Memecoins continues for people chasing bags, although Pudgies actually saw some positive movement with the news of their raise. Degods are at 8.69 after their Binance news, and Mutants are at 10 eth, it's been a long time since they were down at these levels.Michael @saylor talked about Ordinals and stirred up the timeline, with the most famous clip making a bullish thesis on having the blockchain verify a last will & testament worth $1bn and how much that would be worth to someone. #Bullish ACK's auction The broken keys is doing very well. We featured him yesterday and got some insight into his process and inspirations behind the work. 'Serendipty' is already sitting at 15 eth. Listen back to his segment for the juicy deets.@theog__ popped in to talk Pepe and memetics. He is a Rare Pepe scientist and has done some amazing cards in the rare Pepe collection, including the first community card PEPENATION (S1C4) and as the 2nd artist to make a card.. if you got rarepepewallet.com you can check out his work, PEPENATION has music attached to it!Do you know who Lord kek is anon? Do some research already and get to know the memetic history that we are living out daily.@johnkarp joined us to talk about the upcoming conference in Lisbon! There is an 80% of promo code available ‘Rugradio30’ for any listeners/readers that want to attend the conference. There will be a huge beach party to close the conference out so be prepared and get your tickets asap! Hosted on Acast. See acast.com/privacy for more information.https://linktr.ee/rugradio