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Top stories today:
- Trump speaks at Bitcoin 2024, promises strong pro-crypto platform
- Top 10 podcasts reach 35% of weekly listeners
- Texas startup funding slowing, at $3B YTD, with 46% in Austin area
0. Data and calendar
All values as of 1 AM ET / 10 PM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. Trump speaks at Bitcoin 2024, promises strong pro-crypto platform
Fire SEC Chair Gary Gensler (which got strong applause, prompting Trump to say it again).
End the regulatory hostility.
Never sell any of the BTC the federal government has (~$14B).
Bitcoinās price little changed during and after the speech.
Kamala Harris, meanwhile, is trying to repair the Democratic ties with the crypto sector.
Trumpās odds has inched down to 60% over the past week, with Harris at 38%, as post-Harris polls show Trump only 1 p.p. ahead
5 polls (+1 avg.) since Biden dropped out: WSJ (-1), NYT/Siena (-1), Rasmussen (+7), Forbes (0), and NPR/PBS (0).
2. Top 10 podcasts reach 35% of weekly listeners
100M Americans age 12 and older listen to podcasts weekly.
Podcasting ad revenue is expected to +12% to $2.2B in 2024, $2.6B in 2026
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