COINDESK DAILY: Bitcoin Price on the Rise Amid BTC ETPs' Best Week Since July; Dogecoin Extends Its Rally
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 18 October 2024
⏱️ 2 minutes
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| 0:00.0 | Investors are pouring into Bitcoin ETPs and Doge is extending a rally. |
| 0:05.1 | This is CoinDest Daily. I'm your host, Christine Lee. |
| 0:12.4 | Bitcoin's ongoing price resurgence has investors worldwide scrambling to take exposure to exchange |
| 0:18.1 | traded products tied to the leading cryptocurrency. Global ETPs have |
| 0:22.8 | registered a cumulative inflow of over 25,600 BTC, worth over $1.7 billion. The biggest seven-day |
| 0:31.9 | tally since July, according to Bold Dot Report. Since October 14th, Bitcoin ETFs have further seen about 1.9 billion |
| 0:40.2 | or over 21,400 BTC in net inflows. Dogecoin extending its rally above 13 cents during |
| 0:48.9 | Friday's U.S. morning trade after entrepreneur Elon Musk further revealed plans for his proposed Department of |
| 0:55.6 | Government Efficiency at a Pennsylvania town hall. The Doge Agency will aim to make government spending |
| 1:02.1 | of taxpayer money more efficient while streamlining departments that handle spending. The event |
| 1:07.1 | encouraged early voting in a crucial state where Republicans and Democrats are neck and neck, |
| 1:12.7 | Doge rising over 9% to a July high and extending one-week gains to over 22%, the highest among all major tokens. |
| 1:20.8 | Musk emerging as a key backer of Republican Donald Trump's presidential campaign. |
| 1:25.2 | He has donated over $75 million to the American PAC since July |
| 1:30.0 | and is scheduled for several campaign appearances in Pennsylvania this month. Sam Altman's World |
| 1:36.3 | Coin Project is chopping its name in half to World and debuting a faster, simpler orb 2.0 to scan |
| 1:43.6 | the irises of billions of people to create an identity |
| 1:46.6 | verification system that lets people prove their humanity anonymously online. People who get their |
| 1:52.9 | eyeballs scan receive WLD crypto tokens and a world ID in return. World executives say they are |
| 2:00.1 | opening premium verification experiences, essentially |
| 2:03.4 | storefronts full of orbs in Buenos Aires and Mexico City. Orbs will pop up in more day-to-day |
| 2:09.3 | places like a local coffee shop. People will also be able to summon Orbes to their home through |
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