Markets Outlook

Latest Episodes:

Bitcoin News Roundup for August 4, 2020 Aug 04, 2020

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With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk's Markets Daily is back for your bitcoin news roundup!

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

Today's stories:

Bitcoin Futures Interest Soars as Bond Yields Fall to Record Lows: Industry Exec

Surging open interest in crypto derivatives suggests investors are seeking alpha in other investments, like bitcoin, said the co-founder of an index fund provider.

Blockchain Bites: Hedge Fund Down, Banana Bets and the Twitter Hack Fallout

Another crypto hedge fund has called it quits, the teenage Twitter hacker reportedly had millions in bitcoin and Huobi sees DeFi as its next venture.

Bitcoin News Roundup for August 3, 2020 Aug 03, 2020

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After a flash-crashy weekend, CoinDesk's Markets Daily is back with your quick daily update.

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

Today's stories:

Bitcoin Investors Unshaken By Sunday's Flash Crash, Data Suggests

Bitcoin investors look to have shrugged off Sunday’s sudden $1,400 price crash.

First Mover: July Was a Runaway Month for Crypto Returns

Crypto traders didn't have to be choosy to make money in July, when every digital asset in the CoinDesk 20 rose (except, of course, for the stablecoins).

Bitcoin News Roundup for July 31, 2020 Jul 31, 2020

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With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan's central bank, CoinDesk's Markets Daily is back.

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

Bitcoin on Track for Highest July Price Gain in 8 Years

Bitcoin appears on track to register its best July price performance for eight years and confirm a major bullish breakout in the process.

Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine

The dollar index dropped to its lowest level since May 2018.

Bank of Japan Puts Top Economist in Charge of Digital Yen Initiative

The central bank's most senior economist now runs the department responsible for the digital currency task force and working group with other central banks.

Bank of England Building Payments Network to Support a Potential Digital Pound

CoinDesk has learned the Bank of England's new settlement system is being built so it can be forwards compatible with a digital currency.

Bitcoin News Roundup for July 30, 2020 Jul 30, 2020

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With the price of bitcoin hovering near recent highs and some wondering whether we're poised for a pullback, CoinDesk's Markets Daily is back for your latest news roundup.

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

Bitcoin Looks Overbought but Analysts Play Down Drop Fears

Bitcoin's rally looks overstretched, according to a technical indicator, but short-term price consolidation looks more likely than a drop, say analysts.

A Crypto Derivatives Exchange Is Getting a Nasdaq Listing in Q3

Originally postponed due to the pandemic, EQUOS.io is still set to be the first crypto exchange on the Nasdaq.

Police Arrest 27 Alleged Masterminds Behind $5.7B Plus Token Crypto Scam

Chinese police have arrested 27 leaders and 82 others suspected of operating the Ponzi scheme.

Malaysia's Stock Exchange Eyes Blockchain for Bond Market Digitization

Known as Project Harbour, the initiative will use distributed ledger technology as a register for a bond marketplace.

Bitcoin News Roundup for July 29, 2020 Jul 29, 2020

Show notes

With the battle for CBDC dominance in the East heating up and smart contract use skyrocketing as Ethereum turns five, CoinDesk's Markets Daily is back with another news roundup.

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

Bitcoin's Latest Rally May Have Staying Power, Exchange Flows Suggest

The flow of bitcoin and stablecoins in and out of cryptocurrency exchanges observed on Monday suggests the latest price breakout may persist.

Soaring DeFi Usage Drives Ethereum Contract Calls to New Record

Coin Metrics reported the daily number of smart contract calls on Ethereum jumped to 3.11 million – a new record.

Digital Yen Now 'Top Priority' for Japan Central Bank, Says Senior Official

The comments mark a shift in priority for Japan as it seeks to counter the economic threat from regional rival China.

Crypto Wallet Maker Ledger Loses 1M Email Addresses in Data Theft

An unknown hacker gained access to the wallet maker's marketing database, stealing a million email addresses as well as personal information for 9,000 customers.

Bitcoin News Roundup for July 28, 2020 Jul 28, 2020

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With bitcoin pulling back a little after yesterdays frenzied rush above $11,000, CoinDesk's Markets Daily is back with another news roundup.

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

Bitcoin Futures Volume Surges 186% as Price Hits $11K

The market for bitcoin futures snapped back to life on Monday as the cryptocurrency's price surged to an 11-month high.

Ethereum Miners' Income Soars by 60% in a Month – Outruns Ether's Price Jump

Ethereum miners may have benefited the most from ether’s recent price rise and soaring transaction fees.

Ethereum 2.0: How It Works and Why It Matters

A new 22-page report from CoinDesk Research explains the technology behind Ethereum's upcoming overhaul and the potential market impact of Eth 2.0.

Bitcoin News Roundup for July 27, 2020 Jul 27, 2020

Show notes

With BTC breaking out, ETH exploding and gold at all-time highs, CoinDesk's Markets Daily is back with another news roundup.

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

First Mover: Bitcoin at Last Passes $10K, But Why Has It Struggled While Gold Shone?

It's a tricky thing to explain why bitcoin has been underperforming as central bank money printing helps drive gold to a new record.

Ether Leaves Bitcoin Behind With 2020 Gain of Over 100%

Ethereum's popularity with DeFi projects has likely led to a triple-digit year-to-date price rise for ether. Bitcoin lags well behind with a 34% gain.

Crypto Long & Short: Where Fintech Ends and Crypto Begins

Parts of fintech may be embracing crypto, but Noelle Acheson argues that doesn’t mean crypto is fintech – it’s more than that.

MakerDAO Passes $1 Billion Milestone in DeFi First

The total value of ether locked in DeFi's oldest project has surpassed $1 billion for the first time.

Bitcoin News Roundup for July 24, 2020 Jul 24, 2020

Show notes

With BTC up 3.5% on the week and ETH up a lot more, CoinDesk's Markets Daily is back with another news roundup.

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

First Mover: Crypto's $35T Moment Could Come From Analog-World Stock Listings

With Coinbase rumored to be considering a share listing, some say a move toward more public ownership could accelerate mainstream crypto adoption.

Opera's Built-In Crypto Wallets Have 170K Monthly Active Users

The Norwegian browser maker has disclosed its crypto wallet user numbers for the first time.

Blockchain Bites: Digital Dollars, Crypto Custody and Visa's 'Future of Money' Involves Crypto

Visa said crypto is part of "the future of money," members of the U.S. Senate think the dollar should go digital and OCC will allow banks to custody crypto.

YouTube Seeks to Dismiss Ripple Lawsuit Over XRP Giveaway Scams

The video sharing giant filed a motion to dismiss Ripple’s lawsuit that alleges that YouTube did not do enough to stop free XRP giveaway scams, copyright infringement.

Bitcoin News Roundup for July 23, 2020 Jul 23, 2020

Show notes

With BTC finally breaking out and ETH up even more, CoinDesk's Markets Daily is back with another bitcoin news roundup.

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

3 Reasons Bitcoin's Price Could Soon Rise to $10K

After a rise over $9,500 Wednesday, bitcoin looks set to climb toward the psychological price hurdle of $10,000. Here's three reasons why.

Banks in US Can Now Offer Crypto Custody Services, Regulator Says

U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers.

Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy

The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing, but rather just another tool that can be used to maintain U.S. hegemony.

Apple Co-Founder Steve Wozniak Sues YouTube Over Bitcoin Giveaway Scams

Wozniak is among 18 plaintiffs suing the video-sharing giant for allowing crypto giveaway scams using his likeness to flourish on the platform.

Bitcoin News Roundup for July 22, 2020 Jul 22, 2020

Show notes

With the price of BTC taking a breather following yesterdays jump, CoinDesk's Markets Daily is back with another bitcoin news roundup.

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

First Mover: This DeFi-Ready Token Is Teaching Crypto Traders to Cherish Inflation

An update on Bitcoin price action, courtesy of CoinDesk's Omkar Godbole.

Bitcoin 'Active Entities' at Highest Since 2017 Bull Run

The on-chain metric suggests Bitcoin is garnering users despite the cryptocurrency’s extended period of comatose price action.

China's Blockchain Infrastructure to Extend Global Reach With Six Public Chains

China’s blockchain infrastructure BSN will expand its global reach by integrating with six major public chains including Tezos, NEO, Cosmos’ Irisnet, Nervos, Ethereum and EOS. Developers using these blockchains will be able to run nodes and build dapps in the network.

Blockchain Bites: China's BSN Integrations and Satoshi's Newfound Wealth

Ethereum Classic supporters are ditching the project, top exchanges are developing "Travel Rule" solutions and, FYI, YFI might have a backdoor.

China's Supreme Court Calls For Better Protection Over Digital Currencies CoinDesk

A new guideline comes amid rising numbers of legal disputes in China over the ownership of digital currencies like bitcoin.

Korean Government Proposes Tough New 22% Tax on Crypto Trading

Crypto trading profits could be liable to a 22% tax should the Korean National Assembly approve the newly tabled proposal.