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CoinDesk Podcast Network

MARKETS DAILY: CoinDesk Market Index Week in Review

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 5 January 2024

⏱️ 4 minutes

🧾️ Download transcript

Summary

CoinDesk Indices presents six notable market movement highlights from last week. 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 cofounder of Truvius. For more on the CMI you can visit: coindeskmarkets.com. 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

Happy Friday, everyone.

0:06.6

This is Markets Daily from Coin Desk.

0:09.0

I'm your host, Jen Sanassi.

0:10.5

And on today's show, we're passing it over to Coin Desk Indices for some weekly

0:14.7

market insights.

0:19.2

We'll be using Wondercraft AI to voice this episode.

0:23.0

Here we go.

0:25.1

Wondercraft AI voice here to give you three crypto markets takeaways from last week.

0:29.2

Stick around.

0:29.7

At the end, we'll have additional analysis from Connor Farley, CEO and co-founder of Truvius.

0:34.5

First, Tracy Stevens, senior index manager of CoinDesk indices, provides markets

0:39.4

highlights as a Friday, January 5th. Starting with top performers, power ledger, up 86% week to date,

0:46.1

and Ethereum name service, up 44.7% week to date, lead among the 184 constituents in the CoinDesk

0:53.2

Market Index this week.

0:55.4

Meanwhile, Bitcoin up 4.1% has outperformed other large-cap crypto assets this week

1:00.8

amid expectations of the announcement of a spot. Bitcoin ETF in the U.S.

1:06.5

Lastly, Liquid Staking Protocol.

1:08.8

Lido-Dao has pulled ahead of other large protocols by market cap,

1:12.5

gaining more than 15% so far this week.

1:15.5

Connor Farley, CEO, and co-founder of Truvius writes,

1:19.0

The New Year is a time for reflection, and many in the digital assets industry are reflecting on the 15th anniversary of Bitcoin,

1:26.5

the first and most recognized crypto asset

...

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