In this episode of the Bankless podcast, Ryan and David discuss recent market trends, including the impact of Powell's speech on crypto and stock prices, and the potential for a gold catch-up trade. They delve into the implications of the Fed's monetary policy, including quantitative tightening and potential rate cuts, while also touching on Peter Schiff's perspective. The conversation covers various crypto-related topics such as the MegaETH ICO, Polymarket token, Monad token, Solana's ETF, and Western Union's stablecoin on Solana. They also discuss Circle's Arc testnet and the upcoming Bankless Summit. Additionally, they explore the X402 payment standard, a new CFTC chairman, and Trump's entry into the prediction market business, as well as acquisitions, banks entering crypto, and upcoming IPOs like Securitize and ConsenSys.
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