With crypto markets deepening a downtrend in the wake of a traditional market slump and a look at how a dominant NFT marketplace remains stubbornly hands-off, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava and Arculus.

Today's Stories:

Bitcoin Turns Lower From Bearish Trendline; Support at $35.5K

Tech Stocks Set to Drop After Facebook Profit Disappoints - WSJ

Featured Story: OpenSea's Week From Hell

-

Kava lets you mint stablecoins, lend, borrow, earn and swap safely across the world’s biggest crypto assets. Connect to the world's largest cryptocurrencies, ecosystems and financial applications on DeFi’s most trusted, scalable and secure earning platform with kava.io.

-

Arculus™ is the next-gen cold storage wallet for your crypto. The sleek, metal Arculus Key™ Card authenticates with the Arculus Wallet™ App, providing a simpler, safer, and more secure solution to store, send, receive, buy, and swap your crypto. Buy now at getarculus.com.

Crypto Update 2/3/22 | OpenSea's Week From Hell