Markets Outlook

Today's News: Bitcoin price appears trapped in a range between roughly $8,500 and $8,800, Vodafone is the latest big partner to redirect efforts away from Facebook's proposed Libra project The Blockchain Association files a brief in support of embattled Telegram as it faces off with the SEC More allegations of fraud and enforcement action from the SEC, this time focused on Opporty International Square is building a new set of solutions to make it easier to integrate bitcoin and lightning network payments Taiwanese startup Numbers took an investment from Binance Big Tech and Big Finance join with Hyperledger to form the "Hyperledger Climate Action and Accounting Special Interest Group"

Today's News: Bitcoin trading between $8,000 and $9,000 as MACD prepares to go positive for the first time in five months CME bitcoin futures growing fast as open contracts more than double since December Publicly traded Argo Mining reports on big revenue gains and mining power ramp-up as the bitcoin halving approaches Swiss regulators softening their stance on Facebook Many advanced nations (but not the US) have joined with the BIS to study Central Bank Digital Currencies DigiXDAO investors opt to liquidate the project and issue refunds worth more than the original investment. Class action plaintiffs move to consolidate lawsuits against Tether Xinhau reports that Chinese investment in blockchain projects is down 41% from 2018 (Original Report) South Korea considers simplifying taxes on cryptocurrency income (Original report) Indian Central Bank clarifies stance, says there is no "ban" on cryptocurrency. A new report from the Jerusalem Post says Hamas collected millions in cryptocurrency

Today's Crypto Roundup: Bitcoin gaining today after two straight days of declines, up 1.3 percent to around $8800 The Block reports that Grayscale Investments, a unit of Digital Currency Group, which is the owner of CoinDesk, raised more than $600 million from investors last year. And that’s up from 66% in 2018. The Libra Association, working under the auspices of Facebook to create a digital currency, has designated the leadership of a committee that will coordinate the token’s proposed design And crypto tax legislation is getting a new life in U.S. congress Some investors at a crypto conference this week in Switzerland say that the U.S. may be entering a new cold war with China - over the future of money Back in North America, The Block reports that most Canadian crypto exchanges will likely fall under the country’s securities laws following new guidance published Thursday And just a day after reports emerged that the Malta-based crypto exchange Binance will soon restrict access to Japanese residents, the exchange now says it’s eyeing the launch of a new trading platform for the Asian market Patrick McDonnell, 47, was sentenced to 33 months on Thursday and ordered to pay $224,352 to victims, according to the U.S. Attorney's Office for the Eastern District of New York Any thoughts, questions, comments, suggestions or complaints? Send an email to adamlevine@coindesk.comWe'll be back on Tuesday with the next Markets Daily from CoinDesk

Jerseys on the blockchain? One basketball team is running a crypto auction to give fans a fun option. Plus we talk about Asian exchange expansion and the pricing outlooks for the next 24 hours.

Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action in the markets, interesting longer-term trends and some of the most important crypto industry developments of the day.On today’s episode: Bitcoin price takes a breather but traders have their eyes on a bigger prize Tokenized gold futures launch on FTX exchange A new LinkedIn report says that "Blockchain" is the highest valued skill moving into 2020 US Securities regulator warns investors that IEOs aren't much better than ICOs BTC ETF application withdrawn by Bitwise after the US regulator SEC says they will not approve Controversial figure Craig Wright's recent filing is making waves with claims he can now access more than 1 million bitcoin Big exchange Binance has taken a 500 million won ($432,000) stake in BxB, Venezuela Leader Nicholas Maduro announced that airlines must pay for fuel with "El Petro" To make sure you never miss an episode, you can subscribe to Markets daily on Apple Podcasts, Spotify, Google Podcasts, and just about any other place you’d like to listen. If you’re enjoying the show, we really appreciate you leaving a review. And if you have any thoughts or comments, email podcasts@coindesk.com 

Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action in the markets, interesting longer-term trends and some of the most important crypto industry developments of the day.On today’s episode: Bitcoin price rallied more than 6% in the last 24 hours. CME bitcoin options go live and see more than 3 million dollars in day-1 volume. CFTC chair says regulated derivatives good for market confidence. San Francisco based exchange Kraken sees opportunity and expansion in Russia. South Korean based exchange Upbit re-activates ethereum support after last years big hack. Securitize says they've connected the dots between IRAs and securitized token offerings. A large olive oil producer is tracking provenance and authenticity on IBM's blockchain. Financial giant WisdomTree's stablecoin wish To make sure you never miss an episode, you can subscribe to Markets daily on Apple Podcasts, Spotify, Google Podcasts, and just about any other place you’d like to listen. If you’re enjoying the show, we really appreciate you leaving a review. And if you have any thoughts or comments, email podcasts@coindesk.com 

Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action in the markets, interesting longer-term trends and some of the most important crypto industry developments of the day.On today’s episode: Bitcoin markets over the past 24 hours... CME launches new bitcoin options trading Japanese regulators cut maximum leverage in half US regulators seek more than 16 million from ICOBOX US Treasury reportedly moving forward with tracking grants on a blockchain China reports progress towards launch of Digital Yuan Exchange platform LedgerX raised money, dropped founders, and re-hired their former CTO as new CEO A brief look at Ethereum Classic and why the 'conservative' chain keeps upgrading To make sure you never miss an episode, you can subscribe to Markets daily on Apple Podcasts, Spotify, Google Podcasts, and just about any other place you’d like to listen. If you’re enjoying the show, we really appreciate you leaving a review. And if you have any thoughts or comments, email podcasts@coindesk.com 

Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action in the markets, interesting longer-term trends and some of the most important crypto industry developments of the day.On today’s episode: Crypto Markets, Industry and International News Roundup Why a pro basketball player is launching a securitized token next week Bitcoin reflections from money managing giant Fidelity Rimshot sound effect provided by http://soundsilk.comTo make sure you never miss an episode, you can subscribe to Markets daily on Apple Podcasts, Spotify, Google Podcasts, and just about any other place you’d like to listen. If you’re enjoying the show, we really appreciate you leaving a review. And if you have any thoughts or comments, email podcasts@coindesk.com 

Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action in the markets, interesting longer-term trends and some of the most important crypto industry developments of the day.On today’s episode: Crypto Markets, Industry and International News Roundup A brief look at both sides of the Nakamoto.com debacle The new report out on bitcoin's upcoming halving (paywalled) To make sure you never miss an episode, you can subscribe to Markets daily on Apple Podcasts, Spotify, Google Podcasts, and just about any other place you’d like to listen. If you’re enjoying the show, we really appreciate you leaving a review. And if you have any thoughts or comments, email podcasts@coindesk.com 

Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action in the markets, interesting longer-term trends and some of the most important crypto industry developments of the day.On today’s episode: Crypto Markets, Industry and International News Roundup Cars paying each other for right of way? With Sony getting into "Mobility", a very early bitcoin use-case has re-emerged. A new report out this week on liquidity in crypto markets: What it means, why it matters and where it's heading To make sure you never miss an episode, you can subscribe to Markets daily on Apple Podcasts, Spotify, Google Podcasts, and just about any other place you’d like to listen. If you’re enjoying the show, we really appreciate you leaving a review. And if you have any thoughts or comments, email podcasts@coindesk.com Summary