MARKETS DAILY: Crypto Update | Bitcoin Hovers Around $26K, Thailand’s New Pro-Crypto Prime Minister
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 23 August 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
Plus, moves in XRP and BNB.
Today's episode is sponsored by Kraken Pro.
Today's Stories:
First Mover Americas: Bitcoin Hovers Below $26K
Ether-Bitcoin Ratio Uptick Fails to Inspire Bullish Positioning in ETH Options
Nearly All Short-Term Bitcoin Owners Are Underwater, Making Rallies Harder
XRP Gives Up All Gains Made After Ripple Labs’ SEC Victory
Australia's CBDC Likely Some Years Away, Central Bank Says
Thailand’s New Pro-Crypto Prime Minister Was an Active Crypto Investor
Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
Privacy Mixer Tornado Cash Is an Entity, Judge Says
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Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.
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This episode was hosted by Michele Musso. “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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| 0:49.5 | This episode of Markets Daily is sponsored by Cracken. |
| 0:57.8 | It's Wednesday, August 23rd, 20203, and this is Markets Daily from CoinDesk. |
| 1:02.6 | Hi, I'm Michelle Muso here with your Crypto Markets Roundup. |
| 1:05.5 | On today's show, we're talking Bitcoin, XRP, Thailand, and more. |
| 1:09.7 | And just a reminder, CoinDesk is a news source and does not provide investment advice. |
| 1:21.8 | Bitcoin has dropped back below $26,000 as the market awaits developments from the central |
| 1:26.5 | bankers meeting at Jackson Hole on Friday. |
| 1:29.4 | The world's largest cryptocurrency by market value dropped just below the $26,000 mark on Wednesday, |
| 1:35.5 | after trading in a tight range over the past 24 hours, hitting a weekly low of $25,500. |
| 1:42.0 | The cryptocurrency rebounded slightly from the low, but remains down 9% over the last seven days. |
| 1:48.1 | The head of digital asset strategy at FundStrat wrote, |
| 1:51.9 | quote, |
... |
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