The Wolf Of All Streets

From The Daily Wolf with Scott Melker, live weekdays at 12pm ET on Yahoo Finance.

Strategy, the world's largest corporate Bitcoin holder, is being dropped from MSCI's stock indexes under a rule that targets companies built mainly to hold an asset rather than run a business. Scott explains why that's not what sent Bitcoin down to $67,000 overnight. He also covers new bipartisan SEC and CFTC nominees, a rare moment of regulatory agreement, South Korea's new power to freeze crypto before a hack is confirmed, and a BlackRock-backed facility giving institutions weekend access to a tokenized fund.

Timestamps0:00 The Daily Wolf is back after Yahoo Invest1:21 Strategy just got dropped from a major stock index3:25 What $2.8 billion in forced selling actually means4:35 Trump's new SEC and CFTC nominees6:33 Two regulators who used to fight are suddenly aligned7:44 Wall Street's settlement system starts moving onto blockchains9:13 SoFi's bank-issued stablecoin adds a new network10:47 South Korea just changed when exchanges can freeze your crypto12:50 BlackRock's tokenized fund, and a $400 million hack

#Bitcoin #Strategy #Crypto #DailyWolf #YahooFinance

Watch every episode on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/

If you enjoyed this episode, follow the show and leave a rating. It helps more than you know.

Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.com
Learn more about your ad choices. Visit megaphone.fm/adchoices

Bloomberg Intelligence senior ETF analyst Eric Balchunas joins Scott Melker on The Wolf Of All Streets as Bitcoin falls to a 12-week low near $67K while spot Bitcoin ETFs keep seeing outflows and the broader stock market bounces.
Scott and Eric open with the Jensen Huang headline and why ETF buyers keep buying equity dips, then dig into whether Bitcoin ETF flows lead or follow price, the history of gold ETFs, long-term conviction, self-custody versus ETF custody, and why Wall Street custodians are suited to hold Bitcoin. The Weekly Wreckoning then covers the weekly 50 MA, Coinbase's U.S. trust charter, OKX and ICE tokenized stocks, MSCI dropping Strategy, and a North Korea Zoom scam.
In this episode:00:00 Bitcoin crashes to $67K and the Jensen Huang headline02:02 Eric Balchunas on ETF flows and the AI sell-off04:02 Are Bitcoin ETF flows leading or following price?06:03 Gold ETF history and what it means for Bitcoin12:06 Why long-term conviction beats timing16:08 Self-custody, censorship resistance and ETF security24:13 Why Wall Street custodians fit Bitcoin28:14 Weekly Wreckoning: Bitcoin below the weekly 50 MA31:17 Coinbase gets a full U.S. trust charter33:19 OKX and ICE tokenized stocks, MSCI drops Strategy
Eric Balchunas on X: https://x.com/EricBalchunas
Watch this episode on YouTube: https://www.youtube.com/watch?v=KJRod6tJ_w8
If you enjoyed this episode, follow the show and leave a rating. It helps more than you know.
Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.comThe Daily Wolf on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/
Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark Yusko, founder and CIO of Morgan Creek Capital Management, joins Scott Melker on The Wolf Of All Streets to unpack MSCI dropping Strategy and MetaPlanet from its indexes, the NVIDIA CEO scandal, and where Bitcoin sits in the cycle.
Scott and Mark open with Jensen Huang's resignation and what it means for NVIDIA and the AI trade, then dig into the MSCI index decision and why it matters for MSTR and Bitcoin. They also cover the Anthropic IPO debate, AI tools and costs, Mark's cycle view from winter to spring, leverage in the stock market, and how pod-shop hedge funds get forced to cut risk.
In this episode:00:00 MSCI delistings and the Jensen Huang scandal03:01 Jensen Huang resigns from NVIDIA16:02 NVIDIA, interest rates and the AI trade21:01 MSCI drops Strategy and MetaPlanet24:02 Anthropic IPO and AI hype38:00 Where Bitcoin sits in the cycle41:02 Stock market leverage and forced selling45:02 Pod shops, risk management and liquidations
Mark Yusko on X: https://x.com/MarkYuskoMorgan Creek Capital: https://morgancreekcap.com
Watch this episode on YouTube: https://www.youtube.com/watch?v=mKNAcOFMYD4
If you enjoyed this episode, follow the show and leave a rating. It helps more than you know.
Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.comThe Daily Wolf on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/
Learn more about your ad choices. Visit megaphone.fm/adchoices

From The Daily Wolf with Scott Melker, live weekdays at 12pm ET on Yahoo Finance.

OKX and ICE set November 23 for their new trading venue, where more than 70 stocks and ETFs will trade around the clock on a blockchain. Securitize issues each one against an underlying US share, and the first movers are Better.com, BitGo, Circle, Coinbase, Robinhood, Securitize and Strategy.

Kraken's parent Payward added more than 200 UK and European stocks to xStocks, including all 40 DAX companies. Deutsche Bank's digital asset custody service went live for institutional clients. And Miami-Dade will now take Bitcoin for your property taxes, converted to dollars before it reaches the county.

Timestamps0:00 OKX and ICE set November 23 for their tokenized securities venue2:33 Why Strategy is putting its preferred stock on chain4:00 How the venue trades: Uniswap v4 pools on OKX's Ethereum layer two4:35 Kraken's parent adds 200 UK and EU stocks, including the whole DAX6:13 Deutsche Bank's digital asset custody goes live for institutions6:43 Goldman Sachs and Citi commit to a bank-backed stablecoin venture7:30 Visa adds another chain to its stablecoin settlement options8:41 Trump still wants a strategic Bitcoin reserve and still cannot buy one9:58 Miami-Dade will take Bitcoin for property taxes, converted to dollars12:24 Two platforms lose funds in a day, one through a hijacked domain

#WallStreet #Crypto #Bitcoin #OKX #Kraken #DailyWolf #YahooFinance

Watch every episode on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/

If you enjoyed this episode, follow the show and leave a rating. It helps more than you know.

Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.com
Learn more about your ad choices. Visit megaphone.fm/adchoices

Carlos Domingo, CEO of Securitize, joins Scott Melker on The Wolf Of All Streets to talk tokenized stocks, stablecoins and the crypto-TradFi convergence, as a hot inflation print leaves Bitcoin sitting on its daily 200-day moving average.
Carlos explains Securitize's RiverOne acquisition and the asset-backed finance market, its latest earnings, OKX's tokenized stock trading debut on Uniswap v4, NYSE's move to Avalanche, stablecoin supply and bank stablecoins, and what a Democratic Congress means for crypto regulation. Scott closes with the hot inflation report, the odds of a December Fed hike, and the Bitcoin chart.
In this episode:00:00 Hot inflation and Bitcoin at the 200-day MA01:38 Securitize acquires RiverOne for asset-backed finance04:39 Securitize earnings and the stock reaction07:41 OKX tokenized stock trading on Uniswap v415:06 NYSE, Avalanche and tokenization interoperability18:08 Stablecoin supply, usage and bank stablecoins22:06 Midterms, regulation and crypto IPOs26:39 Hot inflation, Fed hike odds and the 200 MA
Carlos Domingo on X: https://x.com/carlosdomingoSecuritize: https://securitize.io
Watch this episode on YouTube: https://www.youtube.com/watch?v=3hRIFeQESzY
If you enjoyed this episode, follow the show and leave a rating. It helps more than you know.
Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.comThe Daily Wolf on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/
Learn more about your ad choices. Visit megaphone.fm/adchoices