MARKETS DAILY: CoinDesk Market Index Week in Review

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 2 December 2023

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

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 Connor Farley, CEO and Co-Founder of Truvius. 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

Click on a timestamp to play from that location

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.
0:12.1	I'm Noel Atchison, and on today's show, we'll be turning it over to CoinDesk indices
0:16.3	for some weekly crypto market insights.
0:19.1	We'll be using Wondercraft AI voice for this episode.
0:22.8	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.
0:38.3	And stick around at the end we'll have additional analysis from Connor Farley, CEO and co-founder of Truvius.
0:44.3	First, Tracy Stevens, senior index manager of CoinDesk indices, provides markets highlights as of Friday, December 1st.
0:52.3	Communication Protocol Helium has more than doubled in value this month, up 110% month on month.
0:58.0	The token is currently pricing above $3, the highest level since February this year.
1:03.0	It marks a reversal of helium tokens two-year downtrend.
1:07.0	Among larger market cap protocols, Avalanche stands out. Avax gained 6.1% this week, more than any
1:16.1	other asset in the 28-member Coin Desk Market Select Index, which contains the largest and most
1:21.5	liquid assets in each sector. The culture and entertainment sector, which includes protocols associated with art, media, gaming, and metaverse platforms, lagged this week.
1:32.3	Several of the larger assets in the sector underperformed, contributing to the overall sector's performance.
1:37.3	These include ApeCoin, down 6.4%, Decentraland down 5.4%, and blur down 17%. On the whole, the market cap weighted
1:47.6	culture and entertainment index fell 3.8% this week, compared to the aggregate Coin Desk Market Index,
1:53.7	which gained 1.1%. Stay tuned. After the break, we'll bring you expert analysis on this week's takeaways, provided by Connor Farley.
2:09.3	CME Group cryptocurrency futures and options provide market-leading liquidity for Bitcoin and Ether trading.
2:15.4	Participate in the Crypto-classic trading challenge from December 10th through December 15th
2:19.6	for the chance to win cash prizes.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.