COINDESK DAILY: Tether Denies U.S. Probe; MicroStrategy Premium is 'Unsustainable': Report

Host Christine Lee breaks down the news in the crypto industry from Tether denying reports of U.S. probe to a Steno Research report that questions the sustainability of MicroStrategy's premium to its BTC holdings.

Tether CEO Paolo Ardoino denied a report claiming the stablecoin issuer is under a probe by U.S. federal investigators. Plus, MicroStrategy's almost 300% premium to its bitcoin holdings is unsustainable, according to a Steno Research report. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee, Jennifer Sanasie, Melissa Montañez and edited by Victor Chen.

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