COINDESK MARKETS WEEK IN REVIEW

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4.7 • 698 Ratings

🗓️ 9 December 2024

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

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Summary

CoinDesk Indices presents notable data insights from the week, followed by additional analysis from Connor Farley, CEO and Co-Founder of Truvius To get the show every day, follow the podcast here. The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. Subsets of the CoinDesk Market Index (CMI) are investable CoinDesk Crypto Sectors and the CoinDesk 20 Index, designed to measure the performance of top digital assets. Today’s takeaways are provided by Tracy Stephens, senior index manager at CoinDesk Indices with additional analysis from Connor Farley, CEO and Co-Founder of Truvius For more on CoinDesk Indices, visit: coindeskmarkets.com. 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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0:00.0	Imagine a blockchain built for you. No wallets, no keys, no hassle. Just innovation.
0:06.6	Welcome to Zion, the first walletless layer one blockchain purpose built for consumer adoption.
0:12.3	With Zion, developers can build launch and scale products that are ready for the masses.
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0:21.9	All it takes to join the crypto revolution?
0:24.4	An email.
0:25.4	Say goodbye to complexity and hello to possibility.
0:28.6	Ready to take the leap?
0:29.8	Explore Zion today at zion.com.
0:33.7	Happy Friday, everyone.
0:34.8	I'm Jen Sanassi, and you're listening to Markets Daily from CoinDesk. On today's show,
0:39.4	we are passing it over to Coin Desk Indices for some weekly market insights. This is CoinDesk Indices,
0:45.7	and here is our CoinDesk Markets Week in Review. Let's look at some key digital asset takeaways
0:50.6	from the weekending December 6th. And stick around. We'll have additional analysis from Connor Farley, CEO and co-founder
0:58.0	of Truvius.
1:00.0	Bitcoin traded above $100,000 for the first time in its existence on Wednesday,
1:05.0	seven years after it first reached $10,000 and 16 years after its creation.
1:10.0	The milestone comes after crypto's largest asset
1:12.6	gained nearly 50% in the month since the U.S. elections. The past month has been even more
1:17.8	positive for altcoins. As measured by the CoinDesk 20, the aggregate index is up 95% over the past
1:24.3	month, and all 20 members increased in value by at least 40%. The month's leaders include H-Barr, the utility token used to pay network fees on the H-Thera-Blockchain,
1:32.3	which ballooned to five times its value one month ago, and payments protocol stellar, which more than quadrupled in value.
	...

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