This episode addresses the recent market crash, the Bank of Japan's surprising rate hike, and its global impact. The team also discusses the Science of Blockchain Conference's relocation from Stanford to New York, and the current political landscape affecting crypto, including reactions from key politicians and internal community conflicts. Highlights include Solana's recent performance surge, opportunities in its ecosystem, and the effects of Elizabeth Warren's letter to the CFTC on prediction markets. Tune in for an insightful overview of these significant developments!\nShow highlights\n\U0001f539 In-depth analysis of the recent U.S. crypto market crash caused by the Bank of Japan\u2019s unexpected rate hike and its impact on global financial markets.\xa0\n\U0001f539 Discussion on the resilience of DeFi during market turmoil, with highlights on record on-chain volumes and DEX stability.\xa0\n\U0001f539 Examination of the rebranding of the Stanford Blockchain Conference and its implications.\n\U0001f539 Insights into the political landscape affecting crypto, including perspectives on Kamala Harris, Trump's pro-crypto stance, and Elizabeth Warren's opposition to political event betting contracts.\xa0\n\U0001f539 Analytical focus on the Solana ecosystem, its early investment opportunities, network reliability, UX advantages, and its influence on newer EVM chains.\xa0\n\U0001f539 Reflections on market trends and opportunities for smart investors to capitalize on new developments.\n\nHosts\n\u2b50\ufe0fHaseeb Qureshi, Managing Partner at Dragonfly\xa0\n\u2b50\ufe0fTom Schmidt, General Partner at Dragonfly\n\u2b50\ufe0fRobert Leshner, CEO & Co-founder of Superstate\n\u2b50\ufe0fTarun Chitra, Managing Partner at Robot Ventures\n\nDisclosures\nLinks\nWhat Drives Crypto Asset Prices? Adams, Austin and Ibert, Markus and Liao, Gordon, (July 30, 2024). Available at SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4910537\xa0\nTimestamps\n\n00:00 Intro\xa0\n\n01:29 SBC\n\n03:57 Market Crash & BOJ\n\n06:58 Crypto Market Reactions and On-Chain Activity\n\n17:41 Fed's Interest Rate Decisions and Market Implications\n\n23:27 Political Landscape and Crypto\n\n38:50 Elizabeth Warren Doesn\u2019t Like Prediction Markets\n\n55:09 Solana vs. Ethereum\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices