MARKETS DAILY: CoinDesk Market Index Week in Review
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 28 October 2023
⏱️ 7 minutes
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| 0:00.0 | This episode of Markets Daily is sponsored by CME Group. |
| 0:08.2 | Hello, this is Markets Daily from CoinDesk. |
| 0:11.2 | I'm Noel Atchison, and on today's show, we'll be turning it over to CoinDesk indices |
| 0:15.4 | for some weekly crypto market insights. |
| 0:18.2 | We'll be using Wondercraft AI voice for this episode. Just a reminder, |
| 0:22.7 | CoinDisc is a news source and does not provide investment advice. |
| 0:32.2 | WonderCraft AI voice here to give you three crypto market takeaways from last week. And stick around at the end, |
| 0:38.6 | we will have additional analysis from David Aderman, co-founder and managing partner of OmniChane Capital. |
| 0:43.9 | First, Tracy Stevens from Coin Desk Indices provides week-to-date numbers over the Friday to Friday time |
| 0:49.4 | period. The price of Bitcoin experienced a significant surge this week amid hype around a potential |
| 0:55.3 | spot ETF. BTC is up another 14% since midnight on Sunday, which brings its year-to-date gain |
| 1:02.1 | to 75%. There has been a divergence in performance this month among larger protocols. |
| 1:08.4 | Solana has increased by more than 50%, while Ether is up only 7% so far in October. |
| 1:14.0 | Both are members of CoinDes' large cap select index, DLCS. Oracle provider chain link is up 21% |
| 1:20.6 | and indexer. The graph is up 19%. Both members of CoinDesk's computing sector have relatively |
| 1:26.6 | outperformed compared to other assets. |
| 1:29.0 | This continues a longer-term trend of computing sector outperformance. |
| 1:33.1 | Stay tuned. After the break, we will bring you an expert analysis of this week's takeaways |
| 1:37.4 | provided by David Aderman of OmniChain Capital. |
| 1:49.4 | 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 |
| 1:53.9 | of holding the physical position. No digital wallet? No problem. Trade nearly 24-7 in a transparent |
| 1:59.2 | CFTC regulated market. Visit cMEgroup.com |
... |
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