Markets Outlook

Latest Episodes:

The Metaverse’s Emerging Economics Are Bigger Than Facebook Aug 08, 2021

Show notes

Lex Sokolin, CoinDesk columnist and Global Fintech Co-Head at ConsenSys, takes an informed and detailed look into the future of society, where Mark Zuckerberg of Facebook plans to integrate everybody into the economy of the virtual world of the Metaverse.

Read the story here.

This episode is sponsored by Kava, Nexo.io and Celo.

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A Play-to-Earn Gaming Account Beats a Bank Account Aug 07, 2021

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CoinDesk columnist and co-founder of the play-to-earn gaming guild Yield Guild Games (YGG), Beryl Li, tells the story of how people are spending their time gaming to build wealth, allowing them to develop their own financial freedom.

Read the story here.

This episode is sponsored by Kava, Nexo.io and Celo.

Crypto Update 8/6/21 | Why Bitcoin Maximalism? Aug 06, 2021

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With the top two tokens leading the cryptocurrency sector up, plus a look at what Bitcoin maximalists say about their beliefs, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava, Nexo.io and Celo.

Today's Stories:

Ether Options Activity Increases as London Hard Fork Goes Live, $50K Call Most Popular

Bitcoin Returns Above $40K; Faces Resistance at $45K-$50K

Ethererum Hard Fork Sends Price Jumping as Fees Start to Burn

Bets against Cathie Wood’s flagship ETF hit record high

Stock Futures Waver Ahead of Jobs Report

European equities set for best week since March as markets grind higher

China’s Ban on Taiwan Pineapples Backfires as New Buyers Step In

Business Groups Call on Biden to Restart Trade Talks With China - WSJ

Winter is coming and temperature extremes are fuelling a global gas rally

Alibaba Warns of Higher Taxes as China Crackdown Widens

Senator Who Wrote Controversial Crypto Tax Rule Proposes Modest Revision

JPMorgan Says CBDCs Must Not Cannibalize Commercial Financial Systems

New York City to Explore Blockchain property titles for Preventing Deed Fraud in Land Sales

Chainlink Unveils Crypto 'Keepers' and Anti-Fraud Blockchain Bridges

Bitfarms' Bitcoin Production Rose 47.5% in July.

CFTC Commissioner Says SEC Lacks Authority Over Commodities, Including 'Crypto Assets'

Decentralized Music Streaming Service Audius Now Has 5M Users

Featured Story: I Don't Understand Bitcoin Maximalism | Daniel Kuhn

Crypto Update 8/5/21 | BTC Lobbyists are Cautiously Optimistic for Infrastructure Package Aug 05, 2021

Show notes

With Ethereum’s latest upgrade going live plus a look at the impact of crypto lobbyists in Washington, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava, Nexo.io and Celo.

Today's Stories:

Bitcoin Oversold Bounce Fades; Support at $34K-$36K

Bitcoin Again Falters at $40K as Ether Retreats From Two-Month High

European stocks drift as China imposes travel restrictions

Futures Drift Higher Before Jobs Data; Dollar Dips

Stock Futures Tick Up Ahead of Trade Data

Invesco Filed With the SEC for a proposed Bitcoin Strategy ETF

Grayscale Hires David LaValle to Be ETF Head

JPMorgan Launches In-House Bitcoin Fund for Wealthy Clients

Port Explosion in Beirut is Fuels Lebanon’s Collapse: ‘May God Save the Country’

Uruguay Senator Proposes Bill to Allow Crypto Payments

Coinbase Agrees to Buy Zabo, the 'Plaid of Crypto,' for Undisclosed Sum

Why Web 3.0 Tokens Might Be the Next Hot Trade in Cryptocurrencies

Binance Pay Bringing Crypto Payments to Shopify, Others

British Fashion Brand Burberry Releases First NFTs

Oscar Mayer is Auctioning Off a Single Pack of 'Hot Doge Wieners' Worth 10,000 Dogecoins

Featured Story: 'Cautiously Optimistic': Crypto Brings Lobbying Muscle to Infrastructure Debate

Bitcoin Update 8/4/21 | What Happens If Tether (USDT) Collapses? Aug 04, 2021

Show notes

With Ethereum’s much-anticipated upgrade coming soon and a look at what could happen if Tether were to collapse, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava, Nexo.io and Celo.

Today's Stories:

Bitcoin Stuck Below $40K; Eyes Short-Term Oversold Bounce

Stocks Rise, Futures Steady as China Concerns Ease: Markets Wrap

European equities edge up to all-time highs on earnings optimism

‘It has never been like this’: US house price spiral worries policymakers

WSJ Explains - Inflation Is Hitting Diapers. The WSJ Explains Why

Airlines Hold to a Business-Travel Rebound This Fall

Robinhood sparks buzz on Reddit, shares up 15%

Russia's Financial Monitoring Agency Wants to Identify and Profile Crypto Users

Spain Opposition Party Introduces Bill to Allow Mortgage Payments With Crypto

Analysts Take Cautious Stance on Ether as London Hard Fork Nears

Senator Rob Portman Defends Crypto Provision in US Infrastructure Bill

Global Precious Metals Retailer Kitco to Issue Specie-Backed Stablecoin

Riccardo 'Fluffypony' Spagni Hires Top Attorney to Battle Extradition to South Africa on Fraud Charges

Google Allows Crypto Ads in US With Restrictions

Crypto.com Appoints New Head of Growth From

NBA Top Shot to Sell NFTs In-Person at Summer League Games

Gaming Community Pledges $203M in Ember Sword’s Virtual NFT Land Sale

Featured Story: Tether's Collapse Would Be Chaotic, Not Cataclysmic | David Z. Morris

Bitcoin Update 8/3/21 | The First Step to Making Sense of the Token Economy Aug 03, 2021

Show notes

With crypto markets trading in the red and a look at how some token economies work, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava, Nexo.io and Celo.

Today's Stories:

Bitcoin Approaching Short-Term Support at $34K-$36K

Bullish Flows Push Bitcoin's Put-Call Ratio to 2021 Low

Market Wrap: Bitcoin Underperforms Ether; Crypto Tax Ahead?

Stocks Reverse Early Gains, Finish Modestly Lower

Stocks cling to highs in Europe on robust corporate earnings

Translate Bio, Take-Two Interactive, Activision, Occidental Petroleum: What to Watch When the Stock Market Opens Today

Stock Futures Point to Dow, S&P 500 Grinding Higher

PepsiCo to sell Tropicana, other juice brands for $3.3 billion

Amazon expands deliveries to serve unlikely clients: its rivals

Americans Are Willing to Take Pay Cuts to Never Go Into the Office Again

Former Monero Maintainer 'Fluffypony' Arrested and to Be Extradited for Non-Crypto Crimes

Australian Exchange CoinJar Unveils Crypto Mastercard in Country First

HSBC UK Blocks Payments to Binance Exchange

Senator Toomey Calls Text of Current Crypto Tax Proposal 'Unworkable'

SEC Boss Gensler Eyeing Robust Regulation of Crypto Market.

Art Blocks NFTs Soar as Savvy Collectors Snap Up Edgy Pieces

Featured Story: The First Step to Making Sense of the Token Economy | Brady Dale

Bitcoin Update 8/2/21 | The US's New Comprehensive Crypto Bill Aug 02, 2021

Show notes

With crypto traders getting optimistic and a look at a surprisingly sophisticated new crypto bill in the U.S. Congress, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava, Nexo.io and Celo.

Today's Stories:

Bitcoin Slips Below $40K; Support Around $34K

Bitcoin Price Slumps 5% as Recent Rally Begins to Cool

Bitcoin Logs Biggest Weekly Price Gain in 3 Months as Illiquid Supply Hits Record High

Futures Signal Stock Indexes to Rise Toward All-Time Highs

Stock Market Today: Dow, S&P Live Updates for Aug 2

Pandemic response fuels broadest global house price boom in two decades

Oil prices hit by concern over Chinese economy and higher supply

Square to acquire Afterpay for $29bn as ‘buy now, pay later’ booms

Stimulus hopes lift Wall St futures ahead of manufacturing PMIs

PBoC Says It Will Keep High Pressure on Crypto Trading (no read)

Brazilian Central Bank Projects 'Significant Migration' to Digital Payments

Fed's Brainard Says US Can't Not Have a CBDC in a World in Which Others Have Them

NFT Markets Post Record-Breaking Week

Square's Cash App Q2 Bitcoin Revenue Rose 200%; and they took a $45M Bitcoin Impairment Loss

GoldenTree Adds Bitcoin to Its Balance Sheet: Report

Michael Saylor Likens Borrowing to Buy Bitcoin to Investing Early in Facebook

South Korean toilet turns excrement into power and digital currency

Featured Story: New Crypto Bill in US Is the Most Comprehensive Yet

NFTs Are Coming to India’s Flourishing Art Market Aug 01, 2021

Show notes

CoinDesk columnist and digital assets consultant at Deloitte, Ruchir Dalmia, uncovers the culture of art in India and how NFTs can provide an array of new opportunities for artists and art collectors alike in the rapidly developing country.

Read the story here.

This episode is sponsored by Kava, Nexo.io and Celo.

What a Gory New Horror Film Teaches Us About Financial Censorship Jul 31, 2021

Show notes

CoinDesk's Chief Insights Columnist, David Z. Morris, unpacks the lessons from a recent horror film titled "Censor" to illustrate the parallels between the media censorship of the 1980s in the UK and Financial Censorship today.

Read the story here.

This episode is sponsored by Kavaand Nexo.io

Bitcoin Update 7/30/21 | Crypto's Incredible Rewards (and Risks) Jul 30, 2021

Show notes

With bitcoin pulling back after a strong weekly performance plus a look at the 3 types of risks in digital assets, CoinDesk’s Markets Daily is back with the latest news roundup.

Add Markets Daily to your Alexa Flash Briefing here.

This episode is sponsored by Kava and Nexo.io.

Today's Stories:

Bitcoin Struggles at Resistance; Lower Support Near $34K

Stocks Rise After GDP Data - WSJ

Cathie Wood's ARK Invest Scoops Up 1.3M Robinhood Shares on Nasdaq Debut

U.S. Stock Futures Slide After Strong Month of Gains

Philippines to Reimpose Lockdown in Capital; Stocks Plunge

Euro zone growth rebounds, inflation tops ECB target

Natural gas crunch sends prices hurtling higher

Framework to Regulate Crypto, Stablecoins Introduced in US Congress

Ireland's Central Bank Says Digital Euro Not Matter of If, But 'When and How'