COINDESK DAILY: Spot Bitcoin ETFs See Record $1B in Net Inflows; Ethereum's 'Dencun' Upgrade Goes Live

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 13 March 2024

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

Host Jennifer Sanasie breaks down the latest news in the crypto industry from bitcoin's price movements to Ethereum's "Dencun" upgrade. To get the show every day, follow the podcast here. "CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including bitcoin's (BTC) recent price movements as the spot BTC ETF products scored over $1 billion in net inflows on Tuesday. Plus, the Ethereum network went live successfully with its much-anticipated "Dencun" upgrade, and why a U.S. government study says no NFT-specific legislation is needed now. - Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Register now at consensus.coindesk.com. - This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:51.4	Bitcoin reversed Tuesday's decline to climb up above $73,000 today.
0:56.9	Some observer are saying that Bitcoin's price behavior suggests that institutional investors are leading market activity.
1:04.1	The gains followed a record day of ETF inflows in terms of dollars and Bitcoin.
1:08.8	Data tracked by Bitmex research shows that spot Bitcoin ETFs took in over a billion dollars
1:14.8	worth of net inflows on Tuesday, surpassing the February record.
1:19.1	Bitcoin is at around $72,000 as of 10 a.m. Eastern time, and the CoinDusk 20 index is
1:26.3	relatively flat at 2736.
1:29.7	The Ethereum blockchain has successfully completed the Denkun upgrade.
1:33.7	The upgrade is designed to usher in a new era of cheaper fees for the growing array of auxiliary
1:38.9	networks that operate on top of Ethereum known as layer two roll-ups.
1:43.5	The Denkoon upgrade has been planned for years,
1:46.4	but it was delayed due to some engineering concerns,
	...

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