Markets Outlook

With traders anxiously watching bitcoin at $13K and more on the PayPal story, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today's stories: First Mover: As Bitcoin Tops $13K, Analyst Explains How Blockchain Gives Clues on Next Move Chainalysis Chief Economist Philip Gradwell tips his five favorite blockchain data points for analyzing cryptocurrency markets. PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo: BloombergPayPal's Move Is Good for Crypto Adoption but Not So Much for Profits: Morgan StanleyThere may be more upside for crypto than for PayPal's earnings, researchers wrote.Hedge Fund Billionaire Tudor Jones Says Bitcoin Rally Only in 'First Inning': ReportJones said he has been surprised by the "intellectual capital" behind bitcoin. 

With BTC pulling back from $13K and reactions to PayPal in the news, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today's stories: Back at $13K: Bitcoin Unfazed by Profit Takers After Rise to 2020 High The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week.CFTC Provides Crypto Futures Firms New Storage GuidanceThe CFTC wants futures commission merchants to take care when dealing with customer's funds.Baby Steps or Handcuffs? Crypto Pros Assess PayPal's Bitcoin Play Fintech giant PayPal confirmed its move into crypto Wednesday. Is its no-withdrawals bitcoin service too restrictive or mainstream-friendly?Voyager Agrees to Buy LGO Markets and Merge 2 Firms' Tokens Two cryptocurrency trading firms are merging, and in a rare twist, so are their tokens.

In this kickoff episode of the On Purpose podcast, host Tyrone Ross catches up with his good friend and registered investment advisor Josh Brown. They cover the overall crypto landscape for advisors, what kind of demand Josh has seen and is seeing from his clients, what he thinks of Bitcoin’s progress so far not to mention his view on one of the much-anticipated Bitcoin ETFs.This is a fun, engaging conversation offering insight to advisors from one of the premier voices and thought leader in the RIA space.Be sure to listen to end to hear the identity of Satoshi Nakamoto according to Downtown Josh Brown!

With BTC's breakout and the latest on PayPal's big play, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today's stories: Bitcoin Price Hits Two-Month High Above $12,300 Bitcoin's price clocked two-month highs above $12,370 on Wednesday. The options market expects a continued rally. PayPal Granted New York's First 'Conditional BitLicense' to Offer Crypto Services The New York Department of Financial Services license allows PayPal to offer cryptocurrency buying and selling through a partnership with Paxos.Central Bank of Bahamas Launches Landmark 'Sand Dollar' Digital Currency  The Bahamas has officially launched the world's first national digital currency, the sand dollar.UK-Listed Firm Mode Putting up to 10% of Cash Reserves Into Bitcoin Mode said it's the first U.K. listed firm to invest in bitcoin as part of its treasury management strategy.

With bitcoin nearing $12K and the end of an era in Berlin, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today's stories:Bitcoin Closes on $12K But a Wall of Sell Orders Awaits: Analyst Bitcoin is on the rise toward $12,000, but may face a stiff challenge to cross the price hurdle. Uniswap's First Governance Vote Ends in Ironic FailureThe vote had been intended to decide whether or not to reduce the thresholds required to make and pass proposals on the DeFi protocol.Closing Time for Bitcoin's Iconic Room 77 – 'And That's OK,' Says OwnerRoom 77 originally opened as a side project, until Bitcoin came and made it an icon. Now, the first bar to ever accept bitcoin is closing.

With BTC transaction activity slowing and Filecoin miners striking, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today's stories:'Boring' Bitcoin Market Sends Miners' Fee Earnings to 3-Month LowBitcoin's transaction activity has cooled amid the recent lull in price action – and that's hurting miners' earnings. Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward ReleaseSome of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.   The OKEx Drama Exposes a Weakness in Crypto Market Infrastructure  The OKEx drama shows just how immature crypto markets are compared to traditional ones, but it also highlights their overall resilience.First Users Not So Impressed by China's Digital Yuan: Report A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should change from existing solutions like Alipay.

With BTC dropping, OKEx halting withdrawals and Filecoin launching, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today's stories: Bitcoin Price Dips 3% on OKEx News, Analysts Aren't Too Worried While market sentiment may remain temporarily weak after the OKEx news, a price crash looks unlikely.  OKEx Suspends Withdrawals, Says Key Holder Not Available Due to Cooperation With InvestigationWithdrawals are suspended as a key holder is "out of touch," preventing withdrawal authorizations.Nigeria Is Developing Strategies for National Blockchain AdoptionNigerian authorities are developing a roadmap for the adoption of blockchain technology in public administration and payments on a national scale.Filecoin Launch Finally Brings $200M ICO to FruitionFilecoin, designed as a decentralized alternative to Amazon Web Services, is now live as of block height 148,888, or 14:44 UTC.

With bitcoin falling back towards $11K and news out of the Invest: Ethereum Economy conference, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today's stories: World's Growing Stockpile of Negative-Yielding Debt a Positive for Bitcoin, Say Analysts The search for profit is likely to intensify with amount of global debt offering negative yields more than doubling in the past seven monthsBlockchain Bites: Ethereum Power Users, Composability Questions, Staking SolutionsThis special edition of Blockchain Bites covers everything you need to know from CoinDesk's invest: ethereum economy conference and the news from elsewhere in the cryptoverse. New York Regulator Calls for More Social Media Oversight After Twitter HackNYDFS said cybersecurity must be treated as critical infrastructure by governments and corporations alike.

With bitcoin traders eyeing $12K and Litecoin pivoting to privacy, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today's stories:Bitcoin Steady Above $11,400 as Hashrate Reaches New High Bitcoin's record hashrate indicates fundamentals are stronger than ever, according to Skew Markets. JPMorgan Calls Square's $50M Bitcoin Investment 'Strong Vote of Confidence' for the Cryptocurrency Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, JPMorgan wrote.In Effort to Differentiate, Litecoin Makes a Move to Privacy Litecoin (LTC) founder Charlie Lee told CoinDesk in an interview the project is now looking to adopt key privacy-enhancing features, which he sees as increasingly attractive to cryptocurrency users.WEF Releases Report Assessing Global Blockchain Standards The Global Standards Mapping Initiative is the most "comprehensive" attempt so far to survey blockchain technical standards, the WEF said.

With BTC on its longest winning streak in more than a year and governments around the world working to craft a global CBDC framework, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today's storiesBitcoin Eyes $12K Price After 6-Day Streak of GainsBitcoin's six-day run of gains has shifted the focus to psychological hurdle of $12,000. Some analysts are looking even higher.Coinbase Wallet Users Can Now Purchase Crypto Inside the AppFor Coinbase users who don’t want to keep their funds on an exchange, the buying and storing crypto just became a lot easier. IMF, World Bank Plan Central Bank Digital Currency Rules Many of the world's largest economies will institute national digital currency banking standards with the International Monetary Fund and World Bank.Serena Williams Looks to Have Dropped Coinbase Investment After Activism Row Williams' venture firm no longer displays Coinbase in its portfolio.