Crypto Update 6/7/22 | Are Exchange Layoffs the First Sign of Crypto Winter, or Is It Already Over?

With bitcoin and the broader crypto market tumbling after what seemed to be a fresh burst of momentum, plus a look at what a bear market may mean for crypto jobs, CoinDesk’s "Markets Daily" is back with the latest news roundup.

This episode is sponsored by Kava and BCB Group.

Today's Stories:

Global stocks rise as Beijing eases Covid restrictions | Financial Times

24 Hour Stock Market and Forex Data - After-Hours Trading - CNNMoney.com

Stock Futures Slip Amid Retail Worries

Featured Story: Are Exchange Layoffs the First Sign of Crypto Winter, or Is It Already Over?

This episode was edited & produced by Adrian Blust with original music by Doc Blust & Colin Mealey

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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.

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BCB Group is the leading business banking partner for the digital assets industry. We provide the rails to move money and a gateway for crypto to FX markets at scale. Our mission is to connect and bank the global crypto industry. Find out more by visiting bcbgroup.com/coindesk.

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MarketsDaily15 to get 15% off your pass at www.coindesk.com/consensus2022.