COINDESK DAILY: What Wall Street's Pivot to Small-Cap Stocks Means for Crypto; Hong Kong Plans for Stablecoin Legislation
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 17 July 2024
⏱️ 3 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch |
| 0:05.8 | of a button. |
| 0:07.0 | Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths |
| 0:11.8 | solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville. |
| 0:17.1 | Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural |
| 0:22.6 | chills to far-off romances, every story comes alive through world-class narration. |
| 0:28.5 | Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers |
| 0:34.4 | that transport you from the very first word, because the next great |
| 0:38.2 | adventure is just a listener way. Start your free 30-day trial at audible.com slash |
| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. |
| 0:51.6 | Wall Street's pivot to shares in small-cap companies at the expense of mega-caps could fuel gains in the crypto market, according to Maurex solutions. |
| 1:00.0 | Since July 8, NASDAQ, Wall Street's Tech Heavy Index, of 100 shares, including the so-called magnificent 7 of Alphabet, Amazon, Apple, NVIDIA, and Tesla has traded little changed around |
| 1:13.2 | 2,270 points. Meanwhile, the Russell 2000, a small cap index, has surged more than 12%. |
| 1:20.0 | According to Trading View, in an interview, Elon Solot, senior global strategists at MaRex Solutions, |
| 1:26.4 | said that small caps are the knee-jerk reaction, |
| 1:29.2 | but he suspects crypto will benefit from the rotation. |
| 1:32.7 | The launch of Spot Ether ETFs in the U.S. are expected to occur next week. |
| 1:37.3 | And according to Bitwise, this could push the price of the second largest cryptocurrency by market cap to all-time highs above $5,000. |
| 1:45.3 | Bitwise chief investment officer Matt Hogan wrote in a report, quote, by year end, I'm |
| 1:49.4 | confident the new highs will be in. And if flows are stronger than many market commentators expect, |
| 1:55.4 | the price could be much higher still, end quote. The report also said ether spot ETFs are expected |
| 2:00.5 | to be a success and |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

