Weekly Roundup 12/13/24 (French Hill, Circle x Binance, more OCP2.0) (EP582)
Episode publishedPodcast: On The Brink with Castle Islan...On The Brink with Castle Island
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Matt Walsh and Nick Carter are partners at Castle Island Ventures. All of these expressed by them or the guests on this podcast are solely their opinions and do not reflect the opinions of Castle Island Ventures. Guests and those may maintain positions in the assets discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their personal opinion. This podcast is for informational purposes only. Brought
down by Bad Mortgage Investments, Lehman, which has 25 1,000 employees, will be liquidated. The
federal government loans American International Group, AIG, $85,000,000,000. This
is a different kind of market, and the Fed is asleep. The federal government is stepping it to stabilize Fannie Mae and Freddie Mac, the 2 mortgage giants that have been threatened by the housing crisis. The
Bank of England has pumped £75,000,000,000 more into Britain's ailing economy with a new round of quantitative easing. You print a couple $1,000,000,000,000 and all of a sudden people start to worry. So out of this worry, we have something called a bitcoin. Welcome to On the Brink. I'm
Matt Walsh. And I'm Nick Carter.
And this episode is brought to you by Coinmetrics and here is the Metrics Minute.
For today's Metrics Minute, we're looking at time zone activity. So, on December 3rd, South Korea briefly declared martial law triggering a kimchi premium. Bitcoin traded at 20% premium on South Korean exchanges. Based on, exchange time zone analysis, Binance trading volumes are 19% higher during European hours and 16% higher during US hours. Most exchanges over index towards US hours with Gemini showing the largest domestic bias of 57%. Kraken shows the strongest demand during European hours with a strong bias and then up bit, towards east Asian hours. Applying this to crypto asset, the US re
That's interesting. Tether peaking during EU hours. I
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