Markets Outlook

With the Fed's historic string of increases to the core interest rate, up 1900% in just one year, as well as its reverberations throughout global markets, many potential catastrophes have been prevented only through bailouts or other interventions. And as part of the debt ceiling agreement, the painful game of student loan repayment may soon be over for those with student loans.Today's Stories: The Great Student Loan Nonpayment Boondoggle Is Over And Household Spending Is About To CollapseUK Enters Worst Period Of Strikes Since Thatcher As Gov't Calls For Price ControlsStablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in UruguayTexas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House CommitteeFormer Coinbase Employee, U.S. SEC Settle Insider Trading ChargesMarket Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch First Mover Americas: Bitcoin Slumps Back to $27K on Fed WorryCrypto Traders Need to Pay Attention to Chinese YuanProShares’ Bitcoin Futures ETF Underperforms BTC This Year: K33 ResearchNvidia Does All The Heavy Lifting, Can't Prop Up Market ForeverThis episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

The top trading tokens rose today in Markets after Congress reached a deal to raise the debt ceiling.Today's Stories: First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling DealECB Finalizes Digital Euro Prototypes as Development Decision LoomsIndia's RBI Intends to Push G-20 to Focus on Crypto's Macro RisksU.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors SayMarket Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch First Mover Americas: Bitcoin on Track for First Monthly Loss of the YearBitcoin Headed for First Monthly Loss in 6 MonthsDogecoin Chart Pattern Suggests Volatility Explosion AheadThis episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

It's no surprise that cryptocurrency issues are becoming politically polarized in familiar ways, according to CoinDesk's story recently about a Bitcoin mining facility in Upstate New York.A Featured Story:Is an opinion piece by Daniel Kuhn CoinDesk’s Deputy Managing Editor for Consensus Magazine, titled: DeSantis and the Growing Culture War Around Bitcoin.On today's show, we are taking a look at the growing gap between reality and political narrative as over time, that narrative has gotten a little more complicated.This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

A number of companies, including Strike, Coinbase, and others, have indicated that they may leave the United States due to regulatory pressure. It is possible, however, that those threats are empty.A Featured Story:Is an opinion piece by David Z. Morris, CoinDesk’s Chief Inside Columnist, titled: Cathie Wood Thinks the U.S. Crypto Exodus Is Here. Is It?On today's show, we are going to take a look at the American crypto ‘walk away’ movement and if there are still advantages for crypto companies under the American legal and equity systems, regardless of the regulatory crackdown.-This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

While the crypto markets are slightly up today, traditional markets are mixed and the GM of Binance Japan Says Stablecoins Are the ‘Glue’ Between the Real Economy and the Blockchain.Today's Stories: Stablecoins Are the 'Glue' Between the Real Economy and Blockchain: Binance Japan General ManagerBrazil's Central Bank Selects 14 Participants for CBDC PilotNike OF1 NFT Sale Surpasses $1M Despite Delays, Tech IssuesCoinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’F1 Ticket Provider Platinum Group Introduces NFT Tickets for Global Racing EventMarket Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch First Mover Americas: Digital Currency Group Is Closing Down TradeBlockFirst Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers Make Progress in Debt Limit NegotiationsEther Balance on Exchanges Nears All-Time LowThe Relationship Between Economic News and Crypto Prices May Be ImprovingNvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a LookThis episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

Risk assets are down across the board, which raises concerns about Bitcoin's price. A lawsuit pertaining to smart contracts, open-source software, and token holders has been filed in response to federal sanctions on the Tornado Cash protocol.  Today's Stories: Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT CollectionsSam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain CapitalBlack Market for Worldcoin Credentials Pops Up in ChinaLawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at StakeDo Kwon's Detention in Montenegro Extended After High Court Decision to Revoke BailDeSantis: ‘Bitcoin Represents a Threat to the Current Regime’Market Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling DramaBitcoin's 'Ichimoku Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis-This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

A Featured StoryIs an opinion piece by Angelo Calvello, Ph.D., co-founder of Rosetta Analytics, an investment manager that uses deep reinforcement learning to build and manage investment strategies for institutions. This featured story is titled: Consensus Survey–TradFi Investors Remain Bullish on Crypto’s Long-Term Prospects.On today's show, we discuss a CoinDesk conducted survey from Consensus 2023, that finds that despite the market turmoil of the last six months, investment managers say they largely plan to keep putting capital into digital assets. With “60% of institutional investors and 64% of managers” believing the catalyst for investing or increasing their investment would be “clarifying the U.S. regulatory framework.”-This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

Despite the ongoing debt ceiling death dance, Bitcoin and other tokens are trading higher. CoinDesk's "Markets Daily" has the latest news. Today's Stories: Jamie Dimon Warns QT Will Lead To More Bank FailuresAfrica's First Test Run For A CBDC has FailedSouth Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: ReportBitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug PullsFTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'Market Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch First Mover Americas: Interest in Staking Ether Ramps UpCrypto Market Near-Term Upside Is Likely Capped: Bank of AmericaBitcoin Spurs 5th Consecutive Week of Outflows at Crypto Investment Funds: CoinSharesThis episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

President Biden and House Speaker Kevin McCarthy (R-CA) are meeting late Monday after the debt ceiling deal suffered setbacks over the weekend as crypto markets turn down slightly while traditional markets remain somewhat stable. Today's Stories: Biden, McCarthy To Meet Monday After Debt-Ceiling Deal Suffers Weekend SetbacksU.S. Debt Deal Could Weigh On Bitcoin Price, Some SayGemini Says Genesis Parent DCG Missed $630 Million PaymentJack Dorsey-backed TBD Launches New Web5 Toolkit to Decentralize the InternetMarket Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch First Mover Americas: Bitcoin Price Edges Lower, Tron RalliesFirst Mover Asia: Will Bitcoin Soon Begin a Retest of 30K?Bitcoin's Trading Range Narrows to Tightest in MonthsThis episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

Featured Story:  Is an opinion piece by John Rizzo a senior vice president for public affairs at Clyde Group, titled: Elizabeth Warren’s Bill Won’t Stop Money Laundering, but It Could Ban CryptoOn today's show, we discuss the Digital Asset Anti-Money Laundering Act, which is being pushed by Senator Elizabeth Warren (D-MA) and Senator Roger Marshall (R-KS), and aims to close loopholes that criminals may exploit to launder money through crypto assets. However, it appears that this legislation may actually further a strategy to ban crypto. This episode was edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.