4.8 • 689 Ratings
🗓️ 22 March 2024
⏱️ 3 minutes
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Host Jennifer Sanasie breaks down the latest news in the crypto industry from JPMorgan's new report on bitcoin's positioning to the latest update on Do Kwon’s South Korea extradition.
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"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a new report from JPMorgan that says bitcoin still looks overbought despite the recent sell-off. Plus, the latest on Do Kwon’s South Korea extradition and Frax’s singularity roadmap that aims to boost the TVL of its layer 2 to $100 billion.
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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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0:51.6 | Cryptomarkets suffered a sharp correction in the past week with the price of Bitcoin tumbling |
0:56.3 | over 15% before rebounding. J.P. Morgan says in a new report that the sell-off might not be over |
1:03.0 | as positioning still looks overbought. Analysts noted that net inflows into spot Bitcoin |
1:09.0 | ETFs have slowed considerably with significant outflows. |
1:13.2 | The report said, quote, in fact, as we approach the having event, this profit taking is more |
1:18.6 | likely to continue, particularly against a positioning backdrop that still looks overbought, despite |
1:24.9 | the past week's correction, end quote. |
1:28.0 | Terracobounder Doquan's extradition to South Korea has been halted following a legal |
1:32.5 | challenge from a top prosecutor of Montenegro. |
1:36.0 | Montenegro's office of the Supreme State prosecutor said that the High Court's decision |
1:40.3 | to extradite Kwan to his native South Korea instead of the U.S., as well as the |
1:45.8 | appellate court's subsequent confirmation was done via abbreviated proceedings that exceeded the limits |
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