Markets Outlook

With BTC back above $11K and China giving away its new digital currency, 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 Down 1% After Biggest Weekly Price Gain Since JulyDespite a dip today, bitcoin has crossed into bullish territory with the biggest weekly gain since July.BitMEX Exchange Hires Compliance Chief After US ChargesBitMEX, the cryptocurrency derivatives exchange recently charged by U.S. authorities for offering illegal trading services, has hired a compliance veteran.Shenzhen Giving Away Millions in Digital Yuan in Lottery to Boost Consumption, Test Tech: ReportThe promotion is part of China's efforts to try out out and stimulate usage of its new digital currency.Spate of Bitcoin Extortion Bomb Threats Hit Government, Schools in JapanThe extortionists demand a payment in bitcoin to avoid the detonation of an explosive device, per a report.

With BTC breaking above $11K and central banks collaborating to standardize CBDCs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co.Today's stories:Bitcoin Tops $11K for First Time in Almost 3 Weeks Bitcoin appears to have broken out of its tight trading range over the past two weeks, between roughly $10,500 and $10,800.  Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment Jack Dorsey's payments company is the second publicly traded firm to put some portion of corporate reserves into bitcoin, following MicroStrategy's $425 million all-in bet.Fed Reserve and 6 Other Central Banks Set Out Core Digital Currency PrinciplesThe seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies.BitMEX CTO Released in US After Payment of $5M BondThe former chief technology officer of the troubled BitMEX exchange has been released after a bond for $5 million was paid in the U.S.

With trading volumes surging and DeFi slowing down, CoinDesk’s Markets Daily is back for your latest crypto news roundup! This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co.Today's stories:Bitcoin Options Volume on CME Jumps 300% as Traders Take Bullish Bets Trading volumes for CME bitcoin options surged as traders made bull call spreads anticipating a rally.As DeFi Deflates, Ethereum Users Get Reprieve From Soaring Fees, CongestionThe popularity of decentralized cryptocurrency exchanges had backed up the Ethereum blockchain, raising questions about its ability to scale. BitMEX CEO Arthur Hayes Leaves Role After US Charges The parent group of BitMEX has announced an executive shakeup after U.S. authorities charged the firm over allegedly illegal conduct.KPMG Airs Blockchain Solution to Help Corporates Offset Carbon Emissions "Big Four" firm KPMG says its patent-pending blockchain solution will help organizations measure, report and offset their carbon emissions

With BTC steady and central bank digital currencies getting close, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co.Today's stories: Analysts Can't Agree on What Prompted Big Spike in New Bitcoin Addresses New bitcoin addresses have spiked this month, with one industry exec pointing to traders moving funds off the legally troubled BitMEX exchange. Others disagree.China Central Bank Official Reveals Results of First Digital Yuan PilotsAn official for China’s central bank unveiled usage statistics of state-backed digital currency trials held in three Chinese cities.Inside the Estonian CBDC Experiment That Could Shape the Digital Euro How the firm helping lead Estonia's central bank digital currency research is approaching a mass-market crypto coin.Oman Central Bank Warns on Crypto 'Risk,' Singles Out Dagcoin The central bank warned citizens and residents they use cryptocurrencies at their own risk.

As traders remain hopeful and mainstream investment funds increase their exposure to bitcoin miners, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co.Today's stories: Bitcoin's Options Market Retains Long-Term Bull Bias Despite Sluggish Price Options market data suggests the longer-term path of least resistance for bitcoin is to the higher side. Fidelity, Vanguard, Schwab Funds Have Been Loading Up on Crypto Mining StocksStock of three major cryptocurrency mining firms are appearing in Fidelity, Vanguard and Charles Schwab mutual funds.John McAfee Arrested in Spain on US Criminal Charges John McAfee allegedly received $11.6 million in bitcoin and ether for pumping ICOs in 2017 and 2018.Guggenheim-Collected Artist to Release Digital Artwork on Blockchain Marketplace A prominent Taiwanese-American multimedia artist considered a pioneer of internet-based art is releasing her work on blockchain-based platform MakersPlace.

With interest in bitcoin futures falling to their lowest level since May, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co.Today's stories: Open Interest in CME Bitcoin Futures Slides as Market Sapped by Surging DeFi Institutional interest in bitcoin futures has plummeted as the DeFi explosion made carry trades less attractive, said Bequant's Denis Vinokourov. Bitcoin Miners Saw 11% Revenue Drop in SeptemberMiners generated an estimated $328 million in September.SEC Is Willing to 'Try' a Tokenized ETF, Chairman Says: ReportSEC Chairman Jay Clayton expressed an openness to a tokenized exchange-traded fund.Pro-Crypto PAC Giving $50 in Bitcoin to the Campaign of Each Member of CongressIn a bid to raise awareness, the Chamber of Digital Commerce’s PAC is contributing $50 in bitcoin to the campaign of incumbent members of Congress.

With Trump testing positive and a systemically important exchange in deep trouble, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co.Today's stories:Bitcoin, Stocks Fall as Trump Tests Positive for COVID-19 The cryptocurrency and Asian stock markets dumped early Friday after U.S. President Donald Trump announced he and his wife had tested positive to COVID-19.Ethereum 2.0 'Dress Rehearsal' Gets a Do-Over With ZinkenDevelopers will take a second whack at a final Ethereum 2.0 testnet after the first, Spadina, failed due to “critical peering issues.”BitMEX 'Attempted to Evade' US Regulations, CFTC Charges  The CFTC has charged BitMEX, CEO Arthur Hayes and other affiliated entities with offering US customers crypto trading services in violation of federal law.Should DEXs Be Worried After BitMEX? DeFi Founders Weigh In The sudden takedown of crypto exchange BitMEX has cast a new light on Ethereum’s decentralized finance (DeFi) markets.

With BTC looking for a breakout and more casualties in the aftermath of 2017s ICO boom, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Nexo.io and Elliptic.co.Today's stories:Bitcoin Posts Biggest Monthly Price Loss Since MarchBitcoin faced selling pressure in September as the U.S. dollar rose against major currencies for the first time in six months. Diginex Stock Goes Live on Nasdaq Following $50M in SPAC and Private FundingDiginex has become the first crypto exchange operator to be traded on Nasdaq, listing under the “EQOS” ticker symbol.Judge Rules Kik's Token Sale Violated US Securities LawA federal judge has ruled that Kik's 2017, $100 million token sale violated U.S. securities law, and wants to see a proposal for refunds.SEC Orders Salt Lending to Offer Refunds to Investors in Its $47M ICOThe SEC has confirmed it is taking action against SALT Lending after ruling the company's $47 million ICO was an illegal securities issuance.

With bitcoin trading in an unusually tight range and DeFi darling SushiSwap suffering shrinkage, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.Today's stories:First Mover: Chainlink's Sorry September Returns Shows DeFi Hysteria Deflating Chainlink's LINK has been the worst-performing digital asset in September in the CoinDesk 20, during an ugly month across cryptocurrency markets.DeFi 'Vampire' SushiSwap Still Hemorrhaging LiquidityUniswap challenger SushiSwap is continue to lose vital liquidity, with total value locked falling by 8% in the past 24 hours.French Authorities Arrest 29 Suspected of Using Crypto to Fund Extremists in SyriaHundreds of thousands of euros may have been supplied through a secret network benefiting al-Qaida-linked extremists in northwestern Syria.Ocean Protocol Hard Fork Freezes Funds From KuCoin HackOn Sunday, Ocean Protocol conducted a hard fork from its old token address to prevent the KuCoin exchange hacker from continued unloading of stolen OCEAN tokens on decentralized exchange Uniswap.

With bitcoin back in the drivers seat and the Filecoin launch fast approaching, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.Today's stories:Traders Rotate to Bitcoin Expecting a Quiet Q4 for AltcoinsSome traders anticipate the leading cryptocurrency to significantly outperforming the entire crypto market for at least the next several months.   Spadina Gives Ethereum 2.0 Developers a Three-Day TestnetEthereum testnet Spadina gives developers one more crack at practicing with Eth 2.0’s deposit contract before the real deal arrives.California Governor Signs Law Bringing State 'New Tools' to Regulate CryptoThe now-renamed California department responsible for the regulation of financial services will soon have more powers to supervise the cryptocurrency industry.Filecoin Confirms Long-Awaited Mainnet Launch for Next MonthThree years after its $257 million ICO, decentralized data storage provider Filecoin has said mainnet will go live in mid-October.