EPISODE · Aug 29, 2025 · 29 MIN
U.S. Gov Goes ALL IN On Crypto! Game Changer Or Power Grab? | Friday Five
from The Wolf Of All Streets · host Scott Melker
The U.S. is stepping deeper into crypto and markets are feeling it. Powell’s Jackson Hole speech warned against cutting rates too soon, while Trump’s move to oust Fed Governor Lisa Cook sparked a legal fight over Fed independence. At the same time, the Commerce Department is publishing GDP data on-chain through Chainlink, and Google Cloud unveiled a new blockchain (GCUL) for institutions. Banks are lobbying against stablecoins, the U.S. is taking a 10% stake in Intel but not Nvidia, and Bitcoin faces pressure as transaction fees hit their lowest since 2011 and a whale dumped 24,000 BTC, driving the price below $110K. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
The U.S. is stepping deeper into crypto and markets are feeling it. Powell’s Jackson Hole speech warned against cutting rates too soon, while Trump’s move to oust Fed Governor Lisa Cook sparked a legal fight over Fed independence. At the same time, the Commerce Department is publishing GDP data on-chain through Chainlink, and Google Cloud unveiled a new blockchain (GCUL) for institutions. Banks are lobbying against stablecoins, the U.S. is taking a 10% stake in Intel but not Nvidia, and Bitcoin faces pressure as transaction fees hit their lowest since 2011 and a whale dumped 24,000 BTC, driving the price below $110K. Learn more about your ad choices. Visit megaphone.fm/adchoices
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U.S. Gov Goes ALL IN On Crypto! Game Changer Or Power Grab? | Friday Five
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