COINDESK MARKETS WEEK IN REVIEW
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 9 December 2024
⏱️ 4 minutes
🧾️ Download transcript
Summary
CoinDesk Indices presents notable data insights from the week, followed by additional analysis from Connor Farley, CEO and Co-Founder of Truvius
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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.
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Transcript
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| 0:00.0 | Imagine a blockchain built for you. No wallets, no keys, no hassle. Just innovation. Welcome to Zion, |
| 0:07.6 | the first walletless layer one blockchain purpose built for consumer adoption. With Zion, developers can |
| 0:13.4 | build launch and scale products that are ready for the masses. No technical barriers for users, |
| 0:19.0 | thanks to groundbreaking chain abstraction. |
| 0:21.4 | All it takes to join the crypto revolution? |
| 0:23.7 | An email. |
| 0:24.8 | Say goodbye to complexity and hello to possibility. |
| 0:28.0 | Ready to take the leap? |
| 0:29.2 | Explore Zion today at zion.burnt. |
| 0:32.2 | Happy Friday, everyone. |
| 0:33.2 | I'm Jensenassie and you're listening to Markets Daily from CoinDesk. |
| 0:36.9 | On today's show, we are passing it over to Coin Desk |
| 0:39.6 | Indecese for some weekly market insights. This is CoinDesk Indeis, and here is our CoinDesk Markets week |
| 0:45.9 | week in review. Let's look at some key digital asset takeaways from the week ending December 13. |
| 0:51.1 | And stick around. We'll have additional analysis from Jason Liebowitz, managing |
| 0:55.2 | director and head of private wealth at Hashnote Labs. This week, the crypto asset class experienced |
| 1:01.1 | some choppy price action, marking a shift from the historic uptrend of recent weeks. After |
| 1:06.4 | hitting the monumental $100,000 mark for the first time last week. Bitcoin dipped to $95,000 early |
| 1:13.7 | this week before bouncing back near its all-time high of $103,000. The Coin Desk 20 Index experienced a |
| 1:21.8 | similar pattern, breaking the 4,000 level last week before giving back a small portion of its gains, |
| 1:29.5 | trading around 3,900 as of Thursday afternoon. Among the index members, distributed computing platform Render led the pack |
| 1:34.7 | with a 9.4% gain. One explanation could be that this is a game of catch-up for the token, |
... |
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