The Daily Wolf | Coinbase got the charter Jamie Dimon did not want it to have.
The Daily Wolf | Coinbase got the charter Jamie Dimon did not want it to have.  
Podcast: The Wolf Of All Streets
Published On: Mon Nov 09 2026
Description: From The Daily Wolf with Scott Melker, live weekdays at 12pm ET on Yahoo Finance. Strategy bought 1,036 Bitcoin for about $81.9 million, taking its holdings past 850,000 for the first time. Scott Melker's point is that the headlines about Michael Saylor being underwater on his average cost miss what matters, because Strategy is never getting margin called. Coinbase won full approval for a national trust bank charter from the OCC. The Treasury cut MEXC off from the US financial system over an alleged $16 billion in illicit transactions. Binance will close affected European accounts on December 31. And Circle froze $1.1 billion of USDC tied to the Binance theft. Timestamps0:00 Strategy buys 1,036 Bitcoin and holdings pass 850,0002:08 Why the stories about Saylor's average cost miss the point3:33 Coinbase wins a full national trust bank charter from the OCC5:41 The Treasury cuts MEXC off from the US financial system8:05 Binance will close affected European accounts on December 319:35 Circle freezes $1.1 billion of USDC tied to the Binance theft10:39 Stablecoin market cap has stalled while payment volume has not12:16 Russia's central bank opens retail crypto trading on November 1713:52 Another wallet is drained through a social login #MichaelSaylor #Bitcoin #Coinbase #Binance #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