MARKETS DAILY: CoinDesk Market Index Week in Review

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4.7 • 698 Ratings

🗓️ 12 August 2023

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

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Summary

CoinDesk Indices presents six notable takeaways from last week. Today's episode is sponsored by Kraken Pro. On today’s show, we’re bringing six notable takeaways from the last week in crypto markets. For more, head to coindeskmarkets.com. - From our sponsors: Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto. It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface. Head to pro.kraken.com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax. - This episode was hosted by George Kaloudis. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey. This episode used Wondercraft Voice AI. 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 Cracken.
0:08.1	Good morning. Today is Saturday, August 12th, 2023. This is Markets Daily from CoinDesk.
0:14.4	George Clutis here, and today we have a weekly roundup of market takeaways from our friends at CoinDesk indices.
0:22.2	And just a reminder,
0:25.3	CoinDesk is a new source and does not provide financial advice.
0:37.2	Wondercraft AI voice here to give you six crypto markets takeaways from last week. Up first are three takeaways from
0:38.1	Tuesday, August 8th. Here, CoinDesk indices provides week-on-week data over the seven days leading
0:44.3	up to Tuesday, August 8th. Bitcoin, up 3.8% month-on-month, has lagged in recent weeks as 109 of the
0:51.8	183 assets in the Coin Desk Market Index have outperformed Bitcoin.
0:57.4	Computing, up 2.4% month-on-month, leads among sectors as two protocols associated with
1:02.9	managing on-chain oracles have seen double-digit returns, chain link up 19% and API3 up 12%.
1:10.8	Two large protocols within the payment space, stellar, up 47%, and
1:15.5	Ripple up 33%, are among the top 10 performers in the Coin Desk Market Index over the past month.
1:22.0	Stay tuned for after the break when we'll bring you three more takeaways from last week.
1:40.2	Meet the all-new Cracken Pro, the powerful, customizable, beautiful way to trade crypto.
1:45.0	It's Cracken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface.
1:50.9	So head to pro.crakken.com and trade like a pro. Not investment advice. Some crypto products
1:57.8	and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits,
2:03.6	may be subject to capital gains tax.
2:09.9	Welcome back.
2:11.0	Now for the takeaways from Friday, August 11th.
2:13.5	Here, CoinDesk Indices provides week-to-date numbers over the Friday-to-Friday time period.
	...

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