Morning Brew Daily
New Crypto-Friendly Era For the SEC? & UnitedHealthcare CEO Fatally Shot in NYC
05 Dec 2024
Episode 468: Neal and Toby talk about the shocking news of UnitedHealth CEO Brian Thompson fatally shot in front of his hotel during the company’s annual investor conference. Then, Trump names Paul Atkins as the new SEC chair signaling a much more friendly environment for the crypto industry. Also, Spotify releases its annual Wrapped feature to highlight the top music, podcasts, and audiobooks from the year. Meanwhile, Neal shares his favorite numbers on certain last names getting worse grades, movie titles getting longer, and a unique area that only Milwaukee’s airport has. Plus, Toby shares his favorite number on trademarked scents. Lastly, the biggest headlines to close out your day. Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow
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Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, you are going to regret selling your Bitcoin when I tell you what price it just hit.
Then Spotify Wrapped finally dropped, but left some users a little disappointed this year. It's Thursday, December 5th. Let's ride.
Well, it actually happened. Last night, the price of one Bitcoin hit more than $100,000, a major milestone for an asset once dismissed as a fad. It took Bitcoin 15 years to go from zero to 100K, but it's experienced a serious surge in just the last few weeks. popping more than 40% since Election Day over the prospect of a crypto-friendly administration coming to D.C. next year.
Toby, very few people predicted this would happen, but the ones who did will absolutely let you know about it.
Oh, absolutely. I'm retiring after this pod today, Neil. No, just kidding. Let's take a quick trip down memory lane, though. A famous part of Bitcoin's lore is something called Bitcoin Pizza Day. There was this man named Laszlo Hanyets who paid 10,000 Bitcoins for two pizzas on May 18, 2010. At the time, the transaction was worth about $41.
At today's prices, those two pizzas are now worth $1.5 billion. $33,709,259. Never good, Neil, when your pizza order involves three commas. But yes, an absurd run-up for crypto this year, a run-up that was spurred in part by a new Trump cabinet choice, which we'll talk about a little later in the show. But first, a word from our sponsor, Yahoo Finance.
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