MARKETS DAILY: CoinDesk Market Index Week in Review

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 16 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. 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 Jason Pagoulatos, head of markets at Delphi Digital. 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. - 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.
0:08.5	Hello, this is Markets Daily from CoinDesk.
0:11.6	I'm Noelle Atchison, and on today's show, we'll be turning it over to CoinDesk indices
0:15.7	for some weekly crypto market insights.
0:18.5	We'll be using Wondercraft AI voice for this episode.
0:22.3	Just a reminder, CoinDisc is a news source and does not provide investment advice.
0:32.6	WonderCraft AI voice here to give you three crypto markets takeaways from last week.
0:37.8	And stick around at the end. We'll have additional analysis from Jason Pagallados, head of markets at Delphi Digital.
0:44.2	First, Tracy Stevens, senior index manager of CoinDesk indices, provides markets highlights as of Friday, December 15th.
0:51.6	This week, the majority of large-cap assets in the defy sector underperformed the market.
0:57.0	One exception is Ave, which is up 19% this week amid more muted returns across its peers.
1:02.9	Decentralized cellular network helium has gained another 66% this week.
1:07.6	The helium token is currently trading above $7, its highest level in more than a year.
1:13.0	Among the largest assets by market cap, Cardano, up 5.4%. And Solana, up 4.4%. Continue to pull ahead
1:20.8	relative to Bitcoin down 3.4%. And Ethereum down 4.3%. Stay tuned. After the break, we'll bring you expert analysis on this
1:30.6	week's takeaways, provided by Jason Pagalatos.
1:37.8	CME Group cryptocurrency futures and options provide market-leading liquidity for Bitcoin and Ether trading.
1:46.0	Participate in the Crypto-classic trading challenge from December 10th through December 15th for the chance to win cash prizes.
1:52.3	Compete against your peers while test-driving your crypto strategies in a risk-free simulated environment.
1:57.2	Visit CMEgroup.com slash Crypto Classic to find out more.
2:07.6	This communication is not directed to investors of any specific jurisdiction or to recipients based in jurisdictions in which distribution is not permitted.
2:11.2	It cannot be considered investment advice or results of market experience.
	...

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