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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

🗓️ 28 December 2023

⏱️ 6 minutes

🧾️ Download transcript

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 Connor Farley, CEO and cofounder 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. - 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.

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. Just a reminder,

0:23.3

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. And stick

0:37.1

around at the end.

0:38.0

We'll have additional analysis from Connor Farley, CEO and co-founder of Truvius.

0:42.4

First, Tracy Stevens, senior index manager of CoinDesk Indices, provides markets highlights

0:47.5

as of Tuesday, December 19th.

0:50.4

Layer 1 smart contract platform internet computer up 87% leads among the 184 assets in the Broad Market Coin Desk Market Index.

0:59.4

Internet Computer now falls within the top 20 assets by market cap in the CMI.

1:04.4

The Computing Sector Index leads among sectors, up 8.9%.

1:08.4

This is due primarily to strong weekly gains in large-cap assets. Filecoin up 15% and

1:14.3

render token up 13% as well as helium up 75%, storage up 59%, and Iotex up 58%. Matick down 4.8% has lagged behind

1:26.4

its peers over the past week.

1:28.3

The Polygon Network continues its shift to POL, its next-generation protocol token that began in October.

1:34.5

Madik is the only member of the five-asset Coin Desk Large Cap Select Index to have negative returns month on month.

1:40.9

Stay tuned. After the break, we'll bring you expert analysis on this week's takeaways, provided by Connor Farley.

1:53.0

CME Group cryptocurrency futures and options provide market-leading liquidity for Bitcoin and Ether trading.

1:59.2

Participate in the Crypto Classic Trading challenge from December 10th through December 15th

...

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