COINDESK DAILY: Bitcoin Price Shot Past $71K; Do Kwon and Terraform Labs Liable for Fraud in SEC Case
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 8 April 2024
⏱️ 3 minutes
🧾️ Download transcript
Summary
Host Jennifer Sanasie breaks down the latest news in the crypto industry from the positive momentum in bitcoin to developments in the Do Kwon and Terraform Labs case.
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"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as bitcoin price rose above the $71,000 level for the first time since the beginning of April. Plus, the latest gains in U.S. crypto-related stocks and a Manhattan jury found Do Kwon and Terraform Labs liable on civil fraud charges brought by the SEC.
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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.
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Transcript
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| 0:51.6 | Bitcoin rose above $72,000 this morning ahead of the having expected later this month, |
| 0:57.6 | boosting ordinal and BRC 20 ecosystem bets, even as the broader crypto market remained, little changed. |
| 1:04.3 | Some Bitcoin ecosystem tokens and projects rose as traders expect a rally following the having. |
| 1:10.0 | These bets are a way to gain proxy exposure to Bitcoin's rise without using futures |
| 1:14.7 | products or leverage. |
| 1:16.4 | BRC 20 categories of tokens gained nearly 6% in the past 24 hours. |
| 1:21.7 | US crypto-related stocks are looking to start the week on a positive note as Bitcoin climbed |
| 1:27.3 | past that $72,000 mark |
| 1:29.6 | for the first time since March. Coinbase added 4.9% in pre-market trading, micro strategy |
| 1:36.3 | rose 10%. And BlackRock's Bitcoin ETFIbit added around 6.5%. Among miners, Marathon Digital |
| 1:43.5 | added 5.2% while Hut 8, which merged with U.S%. Among minors, Marathon Digital added 5.2%, while Hutt 8, which merged with |
| 1:47.0 | U.S. Bitcoin Corp last year, gained 5.6%. |
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