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The Chopping Block: Why the Crypto Markets Have Been Down This Week

Date:

The Chopping Block is back! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. Show topics:

  • why crypto assets experienced a drawdown after last week’s FOMC meeting that hinted at accelerated rate hikes
  • which emerging assets Tarun, Haseeb, and Tom envision weathering a bear market
  • which assets could be further hurt by a continued bear market
  • the significance of Paradigm and Sequoia investing in Citadel Securities
  • what aspects of Signal CEO Moxie Marlinspike’s web3 article Haseeb, Tom, and Tarun take umbrage with
  • whether Cryptoland is crypto’s Fyre Festival or whether it’s the metaverse
  • what the heck is going on with the Pudgy Penguins community
  • the lessons from the CFTC’s fine of Polymarket (disclosure: a former sponsor of my shows)

Episode Links

Hosts

  • Haseeb Qureshi, managing partner at Dragonfly Capital
  • Tom Schmidt, general partner at Dragonfly Capital
  • Tarun Chitra, managing partner at Robot Ventures

Topics

  • FOMC = Crypto assets dip
  • Paradigm + Sequoia invest in Citadel Securities
  • Cryptoland
  • Moxie Marlinspike’s first impressions of web3
  • Pudgy Penguins drama
  • Polymarket fined by CFTC

Source: https://unchainedpodcast.com/the-chopping-block-why-the-crypto-markets-have-been-down-this-week/

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