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The Wolf Of All Streets
@scottmelker
The Wolf Of All Streets | The Daily Wolf On @YahooFinance | Media Host | Author | Markets | Hot Takes | Bitcoin | Married up to @emimelker ALL CAPS = news team
1.3K Following    1.1M Followers
WATCH: SEN. LUMMIS SAYS SENATE VOTE ON CLARITY ACT IS STILL ON TRACK BEFORE AUGUST RECESS
FRANKLIN TEMPLETON HEAD OF DIGITAL ASSETS AND INNOVATION SANDY KAUL SAYS BLOCKCHAIN AND CRYPTO COULD BECOME THE NEXT BIG AI TRADE
Stablecoins are becoming one of the most competitive product categories in crypto, and the exchanges know it. Case in point: my partner @OKX is matching US deposits 5% in Ripple’s RLUSD (opt in, $10-$100K, crypto or fiat), and any RLUSD you hold earns 3.5% APY automatically, paid weekly in RLUSD or XRP. The distribution war for stablecoin balances is just getting started. US only. Opt-in required. APY rate may vary.
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Didn’t expect this, positive development.
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Absolutely crazy.
The average fiat currency dies in 27 years.
1) what
The US government paid out nearly double the amount of tariff refunds to businesses than it actually collected in June, per YF
The real culprit for stomach issues is actually just Taco Bell
BREAKING: CDC investigators officially identify Taylor Farms lettuce supplied to Taco Bell as a suspected source of the cyclosporiasis outbreak sickening thousands.
NYDIG SAYS "THE CLARITY ACT IS THE MOST IMPORTANT FORWARD CATALYST FOR THE DIGITAL ASSET INDUSTRY"
CITADEL SECURITIES INVESTS $400M IN CRYPTO COM AT A $20B VALUATION
WATCH: COINBASE $COIN CHIEF POLICY OFFICER FARYAR SHIRZAD SAYS CLARITY ACT WOULD STRENGTHEN CONSUMER PROTECTION, MARKET INTEGRITY AND FEDERAL OVERSIGHT, EVEN WITHOUT ADDED ETHICS PROVISIONS
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T. ROWE PRICE LAUNCHES FIRST ACTIVELY MANAGED MULTI-TOKEN SPOT CRYPTO ETP CURRENT ELIGIBLE ASSETS INCLUDE $BTC, $ETH, $SOL, $XRP, $ADA, $AVAX, $LTC, $DOT, $DOGE, $HBAR, $BCH, $LINK, $XLM, $SHIB, $SUI, $HYPE AND $BNB
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"I think Visa is just coping here when they say that all of us are going to need to transact still peer-to-peer using credit cards" "They're saying that most of your small transactions, let's call it sub $1, are going to be handled by an agent on your behalf. You won't know what they're doing, they'll just be out there doing it" "I'm going to be honest, I think they're going to do some of the bigger transactions too" "We've already actually seen some evidence of this. Visa reports that X402, which was originally created by Coinbase but is now stewarded by the Linux Foundation, has already done 109.6 million transactions from AI agents with $15 million in volume, in roughly a year since they launched at the beginning of the summer of 2025"
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$475 million in Iranian Central Bank USDT has now been frozen since the war started "We've had a very smiley and happy Bessent telling you about all of the foreign assets they've frozen of the Iranian Central Bank since the war started. A huge chunk of that was in crypto. Before, it was reported as roughly a half billion dollars in assets had already been frozen" "In this case, it's 131 million in wallets that had received 165 million. This adds to the previous 344 million in USDT that was frozen. So that gives us 475 million just in USDT that has been frozen" "To be clear, the Central Bank has been on the OFAC sanctions list, I believe, since 2019. There's nothing new here except that they're identifying new wallets on new chains and now are actively freezing them since the war started"
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The DTCC just used tokenized securities in live transactions, and says its entire process will be tokenized by the end of 2026 "The DTCC is the clearinghouse for effectively every single transaction that you do, $4.7 quadrillion in volume every single year. When we talk about T plus two settlement or T plus one settlement, it's the DTCC that is clearing all of those, and it has historically been the reason that it's a relatively slow process. That is not the case anymore" "Tokenization stopped being a crypto conference promise yesterday. The institution that actually clears Wall Street used it in real transactions. They converted securities held at their depository into tokens and used them in live production transactions" "This was their first test that they promised they would be doing in late 2025. In case you missed that at the end of last year, they got a no action letter from the SEC saying they could do it. The next day they announced that they would be doing it with Stellar and Canton Network and others, and that this was the future"
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Thank you so much to the @traderTVLIVE team for having me on today to talk about @EliLillyandCo aquisition in the psychedelics sector and everything @redlightholland / @FilamentHealth (CSE: $TRIP | OTC: $TRUFF) and I teased the Corp name change coming soon! Full interview 👇 🙏
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VISA LAUNCHES PLATFORM FOR STABLECOIN MINTING, MOVEMENT AND MANAGEMENT
JUST IN: ONDO FINANCE $ONDO AND SBI GROUP PARTNER TO BRING JAPANESE EQUITIES ONCHAIN
I’ve been all-in on the World Cup. This just makes it even more fun. My friends @OKX launched an Outcome Market where you can pick winners throughout the tournament, earn XP, and that XP converts to BTC after the final. No deposit required. I’ve got France in the semis. Who you got?
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