MARKETS DAILY: CoinDesk Market Index Week in Review

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CoinDesk

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4.7 • 698 Ratings

🗓️ 9 December 2023

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

CoinDesk Indices presents six notable market movement highlights from last week. Today's episode is sponsored by CME Group and Harpie. 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. Today’s takeaways are provided by Tracy Stephens, senior index manager of CoinDesk Indices with additional analysis from Eric Ervin, CEO of Onramp Invest. For more on the CMI you can visit: coindeskmarkets.com. - From our sponsors: CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more. Disclaimer: This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. - Harpie is the most advanced on-chain security solution for monitoring and protecting your crypto wallet from theft in real time. Harpie helps you detect and block suspicious transactions before they execute, safeguarding your assets from malicious attacks and scams. Secure your wallet for free at harpie.io. - This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey. 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	This episode of Markets Daily is sponsored by CME Group and Harpy.
0:09.1	Hello, this is Markets Daily from CoinDesk.
0:12.2	I'm Noel Atchison, and on today's show, we'll be turning it over to CoinDesk indices for some weekly crypto market insights.
0:19.1	We'll be using Wondercraft AI voice for this episode.
0:22.9	Just a reminder, CoinDisc is a news source and does not provide investment advice.
0:33.2	WonderCraft AI voice here to give you three crypto markets takeaways from last week.
0:37.9	And stick around. At the end, we'll have additional analysis from Eric Irvin, CEO of OnRamp Invest.
0:44.1	First, Tracy Stevens, senior index manager of Coin Desk Indices, provides markets highlights as a Friday, December 8th.
0:52.2	Cardano has gained 31% so far this week, which puts it in the top 10
0:57.1	performing assets of the 184 asset Coin Desk Market Index, and the top performer of the week
1:03.7	in the large-cap Select Index. This week was broadly positive for the crypto asset class,
1:10.3	with the Coin Desk Market Index up more than 10% so far on the week,
1:14.5	and 86% of assets trading higher than they were at the start of the week.
1:19.0	However, there were two notable laggards within the DeFi sector, including AVE, down 4.6% and Maker down 6.6%.
1:26.4	Decentralized wireless network helium continues its recent uptrend.
1:31.7	Helium has gained an additional 61% this week, amid the launch of its nationwide 5G network.
1:38.4	Stay tuned. After the break, we'll bring you expert analysis on this week's takeaways, provided by Eric Irvin.
1:51.4	Thank you. the break will bring you expert analysis on this week's takeaways, provided by Eric Irvin. CME Group cryptocurrency futures and options provide market-leading liquidity for Bitcoin
1:55.8	and Ether trading. Participate in the Crypto-classic trading challenge from December 10th
2:00.6	through December 15th for the chance to win cash prizes.
2:03.7	Compete against your peers while test driving your crypto strategies in a risk-free simulated environment.
2:08.7	Visit CMEgroup.com slash Crypto Classic to find out more.
	...

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