Markets Outlook

You can see resemblances between Do Kwon's Bitcoin purchases during Terra/Luna's peaks. Featured Story:  An Opinion piece by Coindesk Deputy Managing Editor of Features & Opinion, Daniel Kuhn, titled Should We Worry About Tether’s Bitcoin-Buying Plan?On today's show, we focus on the fact that Tether holds the largest stablecoin, USDT, which could be viewed as an attempt to de-risk its U.S. dollar exposure.This episode was edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

Bitcoin drifts around 27k awaiting Jerome Powell's expected speech later today and what are markets saying about crypto’s path to a sustainable recovery;  CoinDesk’s “Markets Daily” is back with the latest news roundup.Today's Stories: BlockFi Creditors Say Crypto Lender Was a Victim of Bad ManagementDLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study SaysLightning Labs Releases 'Better' Version of Token Minting on Bitcoin After BRC-20s Clog SystemMarket Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch Bitcoin in Stasis Below $27K Ahead of Powell SpeechCrypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorganBlockFi Creditors Say Crypto Lender Was a Victim of Bad ManagementDLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study SaysLightning Labs Releases 'Better' Version of Token Minting on Bitcoin After BRC-20s Clog SystemCoinbase Officially Opens Subscription Service; Expands Reach Outside U.S.This episode was edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

Featured Story:Jenny Johnson is President and CEO of Franklin Templeton. In a career at Franklin Templeton spanning over 30 years, she has been a key driver in the company's transformation to what is now one of the most respected global firms focused on investment management, technology, innovation, diversity and corporate and social responsibility. Ms. Johnson has received a number of recognitions and is involved with several industry and nonprofit organizations. She earned her B.A. in economics from the University of California at Davis.This episode was edited by Ryan Huntington, and produced by Michele Musso. All original music by Doc Blust and Colin Mealey.

As Bitcoin slumps and monetary policymakers present a baffling binary choice, CoinDesk’s “Markets Daily” is back with the latest news roundup.Today's Stories: US X-Date Is Now June 5 As Treasury Burns $52BN Cash In One Day, Only $87BN LeftFleeing U.S. Crypto Firms ‘Welcome,’ French Regulator SaysEven Licensed Firms Say Opening Bank Accounts Is Hard in Hong KongChina's Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like AttributesCoinbase Hasn't Proven SEC Needs to Create Crypto-Specific Rules, Regulator SaysPolicy SEC Can't Seal Docs Tied to Hinman's Ether Speech, Judge in Ripple Suit Ruleshttps://twitter.com/MetaLawMan/status/1658300159212634115Ledger Bats Back Criticism of New Wallet Recovery ServiceMarket Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch Bitcoin Slides Below $27K as Investors Eye Debt Ceiling NegotiationsBitcoin's Realized Price on Cusp of Flashing Major Bullish SignalBitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto MarketDogecoin's Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens IntroducedAxie Infinity's Token Jumps 12% After Firm Lists Game on Apple App StoreThis episode was edited by Ryan Huntington, and read by Senior Producer Michele Musso. All original music by Doc Blust and Colin Mealey.

Featured Story:An Opinion piece by Coindesk Deputy Managing Editor of Features & Opinion, Daniel Kuhn, titled ‘What’s the Reality of Crypto in Crime?’On today's show, we discuss how deep the DOJ's criminal investigations against crypto may go with their first appointed NCET director, Eun Young Choi.This episode was edited by Ryan Huntington, and read by Senior Producer Michele Musso. All original music by Doc Blust and Colin Mealey.

Today's Stories: House Democrats Consider New Stablecoin Bill Proposal: SourceBakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and UniswapQuadriga CX Bankruptcy Claimants to Get 13% on the DollarSouth Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers Market Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since FebruaryFirst Mover Americas: Bitcoin Bounces Back From Friday LowsThis episode was edited by Ryan Huntington, produced by Adam B Levine and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

On today’s show we’re taking a look at the consequences of the U.S.’s lack of regulatory clarity and what the important next steps are to keep crypto on-shore, courtesy of Jennifer J. Schulp, the director of financial regulation studies at the CMFA, and Jack Solowey, a policy analyst at the Cato Institute’s Center for Monetary and Financial Alternatives.Read the full story here.-This episode was edited by Ryan Huntington and produced by Adrian Blust with original music by Doc Blust & Colin Mealey.

On today’s show we’re taking a look at the inherently risky nature of today’s financial system and why the U.S. government has blocked safer alternatives, courtesy of George Kaloudis, CoinDesk's senior research analyst and columnist.Read the full story here.-This episode was edited by Ryan Huntington and produced by Adrian Blust with original music by Doc Blust & Colin Mealey.

With bitcoin increasingly decoupling from traditional risk assets and the US Securities regulator being called out by the Chamber of Commerce, CoinDesk’s “Markets Daily” is back with the latest news roundup. Summary: Today's Stories...Read the full show notes here.-This episode was edited by Ryan Huntington, produced by Adam B Levine and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

As PacWest Bank shares plummet amid deposit flight, Uniswap contracts boost Bitcoin-based tokens in DeFi, and Bitcoin holders continue to accumulate, Markets Daily is back with another crypto news roundup. Today's Stories...Read the full show notes here._This episode was edited by Ryan Huntington, produced by Adam B Levine and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.