MARKETS DAILY: Crypto Update | Bitcoin and Ether Steady Over the Quiet Weekend

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 10 July 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Plus, the Federal Reserve’s vice chair for supervision looks to boost the U.S. banking system’s resilience. Today's Stories: Coinbase Knew It May Have Been Violating the Law Prior to the SEC's Lawsuit, Regulator Claims America’s Biggest Banks Are Going to Need More Capital - WSJ Markets Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch First Mover Americas: Bitcoin Holding Above $30K After Quiet Weekend This episode was hosted by George Kaloudis. “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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0:59.1	It's Monday, July 10th, 2023, and this is Markets Daily from CoinDesk.
1:02.1	I'm George Clutis here again for your Daily News Roundup.
1:06.1	On today's show, we're talking Bitcoin, the latest headlines, and more. And just a reminder, CoinDisc is a news source and does not provide financial advice.
1:18.6	Thank you. As a reminder, CoinDisk is a new source and does not provide financial advice. Bitcoin and Ether were little changed on Monday, but a number of crypto gainers from last week were pulling back.
1:25.0	In macro news that come this week, investors will be focusing on U.S.
1:28.5	inflation figures on Wednesday for signals regarding the Federal Reserve's next move.
1:34.2	Since breaking above $30,000 in June, Bitcoin is traded between $29,500 and $31,500. So it's
1:43.0	Bitcoin, the $30,000 stable coin.
1:46.6	Away from the market itself, here's some on-chain data for you.
1:50.7	According to data from GlassNode,
1:52.1	the number of Bitcoin held in wallets tied to Crypto Exchange Wobie
1:55.9	has dropped below 20,000 Bitcoin, the lowest since 2017.
	...

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