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CoinDesk Podcast Network

MARKETS DAILY: CoinDesk Markets Index Week in Review

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 2 February 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

CoinDesk Indices presents notable data insights from the week, followed by additional analysis from an industry expert. 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. Subsets of the CoinDesk Market Index (CMI) are investible CoinDesk Crypto Sectors and the CoinDesk 20 Index, designed to measure the performance of the top digital assets. Today’s takeaways are provided by Tracy Stephens, senior index manager at CoinDesk Indices with additional analysis from Connor Farley, CEO and co-founder of Truvius. For more on CoinDesk Indices, visit: coindeskmarkets.com. - Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MD15. Register now at consensus.coindesk.com. - This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl, alongside Senior Booking Producer Melissa Montañez. 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. This is Markets Daily from CoinDesk. I'm your host, Jen Sanassi, and on today's show, we're passing it over to Coin Desk Indices for some weekly market insights.

0:19.6

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

0:24.1

And stick around at the end.

0:25.6

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

0:31.1

First, Tracy Stevens, senior index manager at CoinDesk Indices, provides markets highlights as of Friday, February 2nd.

0:39.3

Oracle Network ChainLink, up 27% week-to-date, leads the CoinDesk 20 this week.

0:45.3

Notably, ChainLink has reached its highest level since early 2022.

0:49.5

The computing sector, which contains assets associated with the decentralization of computing

0:53.5

resources and data,

0:55.1

leads among sectors in the broad-based CoinDesk Market Index. In addition to ChainLink, other

1:00.8

significant gainers this week are decentralized API Platform API 3, up 13% and distributed GPU

1:07.2

network render, up 12%. The relative laggards in the CoinDesk 20 this week are Stellar Lumens down 4% and ripple

1:14.4

down 3%.

1:15.4

Stay tuned.

1:17.3

After the break, we'll hear from Connor Farley, CEO and co-founder of Truvius.

1:25.8

Global crypto regulation, the disruptive power of AI, the rise of tokenization.

1:32.5

Consensus is the one event where experts convened to talk about the ideas shaping our digital future.

1:38.7

Join developers, investors, founders, brands, policymakers, and plenty more in Austin, Texas

1:44.6

from May 29th to the 31st.

1:47.3

The 10th annual consensus

1:48.7

is curated by CoinDesk

1:50.5

to feature the industry's

...

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