Markets Outlook

With BTC breaking its all-time high and the ETH 2.0 rollout entering its next phase, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch AllnodesToday's stories:Google Searches for 'Bitcoin Price' Hit 18-Month High Google searches for "bitcoin price" are double levels seen a few weeks ago.5 Reasons Why Bitcoin Just Hit an All-Time High PriceGrowing investor interest, central bank money printing and PayPal's entree helped push bitcoin prices above their previous December 2017 record.Ethereum 2.0 Beacon Chain Goes Live as 'World Computer' Begins Long-Awaited OverhaulThe Beacon Chain, the backbone of Ethereum's future Proof-of-Stake network, is now live.Ringleaders of PlusToken Scam Jailed for Up to 11 YearsFourteen operators of the giant PlusToken scam have been sentenced in China to up to 11 years in prison.

With bitcoin headed up on its roller-coaster ride towards $20K and yet another multi-billion-dollar fund looking to invest in BTC, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch AllnodesToday's stories:Despite 12% Crash, Bitcoin Looks Set to Make Highest Monthly Close Ever A record monthly close could be a harbinger of more profound price gains to come, according to analysts.Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTCThe Guggenheim Macro Opportunities Fund will now be able to invest up to 10% of its net asset value in the Grayscale Bitcoin Trust.How Bitcoin Development Is Evolving – and What's Behind It Markets Bitcoin price spikes grab headlines, but the asset's long-term value depends on its developers – and what drives them.Bolivian Cattle Ranch Will Be Tokenized to Open Up Business to InvestorsThe token is being claimed as the first blockchain-based financial instrument in Switzerland to hold an International Securities Identification Number.

With BTC breaking $19K and Ethereum 2.0 ready to launch, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com and Nexo.io.Today's stories:Bitcoin Breaks $19K, New All-Time High Seems Imminent Bitcoin, the world's No.1 cryptocurrency by market capitalization, has breached the $19,000 level.XRP Price Surges to 2-Year High as Airdrop Frenzy Builds The December airdrop of 45 billion spark tokens may be fueling XRP's rapid climb to two-year highs, say analysts.Ethereum 2.0 Deposit Contract Has Enough Funds to Launch The smart contract required for triggering Ethereum 2.0 has enough funds to begin activation of its most ambitious upgrade yet.Gazprombank Switzerland Executes First Bitcoin Trades, Announces Payments Initiative The regulated Swiss bank said it is working on developing a standard for cryptocurrency payments between members of the OpenVASP association.

This episode was recorded live during the Bitcoin for Advisors event on November 9th, 2020. In this sponsored "Ask Me Anything" session led by NLW, host of the Breakdown and featuring BitGo CEO Mike Belshe, they discuss the shifting landscape of bitcoin and cryptocurrency adoption.

With BTC heading for a potentially volatile week and XRP hitting 16-month highs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com and Nexo.io.Today's stories:First Mover: Bitcoin 'Rich List' Grows as Whales HODL and Price Retakes $18K Bitcoin's "rich list" hits an all-time high alongside the meteoric price rally.XRP Rises More Than 30% as Altcoins Piggyback on Bitcoin's WaveThe native asset of the XRP ledger has surged to 16-month highs.China Construction Bank Pulls Planned Listing of Bitcoin-Tradable BondThe "Big Four" Chinese bank has suspended the listing of a $3 billion bond issuance that was intended to be tradable for bitcoin and U.S. dollars.China to Hold Second Lottery Trial of the Digital YuanA lottery in Suzhou will additionally trial the offline feature of the digital yuan, per a Monday report.John Lennon's Son Says Bitcoin 'Empowers' People Like Never BeforeSean Ono Lennon praised bitcoin for its ability to help individuals transcend politics and world events.

With a BTC retirement plan launch and Goldman Sachs digital yuan predictions, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com and Nexo.io.Today's stories:US Firm Launches Company-Sponsored Bitcoin Retirement Plans Digital Asset Investment Management says its new retirement plans can help savers beat inflation.Morgan Creek CEO Says Bitcoin Doing 'Extremely Well' Due to Fed Reserve's Dollar Devaluation CEO Mark Yusko said "zombie companies" left the Fed no choice but to devalue the dollar, prompting investors to turn to bitcoin and gold.Goldman Expects Digital Yuan to Reach 1B Users in 10 Years Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.Japan's Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021 Japanese banking giant MUFG plans to launch its blockchain payment network across the country in 2021 with U.S.-based fintech company Akamai.

With reactions to BTC's rise and reported miner problems in China, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com and Nexo.io.Today's stories:Deutsche Bank Says Investors Increasingly Prefer Bitcoin Over Gold as Inflation HedgeThe Deutsche Bank analyst's comments are another sign of bitcoin's increasing acceptance in the mainstream of finance. Bitcoin's Rally Could Be Caused by a Supply Crunch in ChinaChinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges.30 Japan Firms to Collaborate on Private Digital Yen: ReutersA group of Japanese companies plans to develop and test a private digital currency that would work alongside cash.'Not My Cup of Tea': Jamie Dimon Is Still Not a Bitcoin FanThe JPMorgan Chase CEO said it's only a matter of time before the government moves to regulate bitcoin.

On this episode of On Purpose, host Tyrone Ross speaks with Jason Wenk of Altruist.com, a soon-to-launch technology platform that helps your financial advisor give you a delightful experience with your money.

With BTC breaching $18K, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com and Nexo.io.Today's stories:Bitcoin Indicator Suggests Bull Market Is Still in Early Phase The Mayer Multiple indicator suggests the bull market is still far from peaking, even as bitcoin closes in on its all-time high.This $29B Asset Advisory Is Giving Wealth Managers and Clients a Bitcoin On-RampMariner Wealth Advisors has tapped crypto firm Eaglebrook for its new bitcoin allocation engine.Cynthia Lummis, Wyoming's Incoming Senator, Wants to Explain Bitcoin to Congress Cynthia Lummis, who won an open U.S. Senate seat in Wyoming, wants to explain bitcoin's value to her new colleagues. Mexico's Second Richest Man Reveals 10% of His Liquid Assets Are in BitcoinBillionaire founder of Grupo Salinas, Ricardo Salinas Pliego said: "Bitcoin protects the citizen from government expropriation."

CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com and Nexo.io.Today's stories:Bitcoin Slices Through $17,000 as Market Cap Nears All-Time HighBitcoin last traded above $17,000 on Jan. 7, 2018. Coinbase Goes Down as Bitcoin Nears $17K Coinbase has suffered a number of outages during busy trading periods this year including most recently on Oct. 27.Gold Lags Far Behind Bitcoin as Vaccine Optimism Buoys Markets  Bitcoin is outshining the precious metal by a significant margin as expectations soar of a swift global economic recovery enabled by promising coronavirus vaccines.China's Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC DesksMiners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country.