MARKETS DAILY: CoinDesk Market Index Week in Review

Nov 11, 2023

The podcast discusses the performance of cryptocurrencies, including the CoinDesk market index's 7.4% increase and Ethereum crossing $2,000. They also talk about CME Group's cryptocurrency futures, PayPal's stablecoin PayUSD, investment strategies for crypto sectors, and the outperformance of certain altcoins.

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Crypto Market Performance and Analysis

00:00 • 2min

CME Group Futures, PayPal's Stablecoin, and Investment Strategies for Crypto Sectors

01:59 • 4min

CoinDesk Indices presents six notable market movement highlights from last week.

Today's episode is sponsored by CME Group and PayPal.

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The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. Today’s takeaways are provided by Tracy Stephens of CoinDesk Indices with additional analysis from Connor Farley, CEO of Truvius. For more on the CMI you can visit: http://coindeskmarkets.com/

From our sponsors:

CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.

Disclaimer:

This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation.

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Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents. Buy, sell, hold and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years.

Get started now at paypal.com/pyusd.

This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

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