4.8 • 689 Ratings
🗓️ 23 May 2023
⏱️ 10 minutes
🧾️ Download transcript
Despite the ongoing debt ceiling death dance, Bitcoin and other tokens are trading higher. CoinDesk's "Markets Daily" has the latest news.
Today's Stories:
Jamie Dimon Warns QT Will Lead To More Bank Failures
Africa's First Test Run For A CBDC has Failed
South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report
Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls
FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'
Market Watch Links:
BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch
First Mover Americas: Interest in Staking Ether Ramps Up
Crypto Market Near-Term Upside Is Likely Capped: Bank of America
Bitcoin Spurs 5th Consecutive Week of Outflows at Crypto Investment Funds: CoinShares
This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.
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0:59.1 | It's Tuesday, May 23, 2023, and this is Markets Daily from CoinDesk. |
1:01.3 | I'm Adam B. Levine, here again with your Daily News Roundup. |
1:04.2 | On today, we're talking Bitcoin, top headlines, and more. |
1:08.1 | And just a reminder, CoinDesk is a new source and does not provide investment advice. |
1:22.4 | Bitcoin, ether, and other top tokens are up in market showing mostly green. |
1:26.1 | The green that we're seeing in crypto this morning seems to be the exception, while most of our traditional market indicators are showing losses, as concerns grow that the Masters of the Universe in Washington won't arrive |
1:31.6 | at a deal on time. But before we get ahead of ourselves, there's limited upside for cryptocurrency |
1:35.9 | markets in the near term. Bank of America said in a research report out on Friday, quote, |
1:40.3 | low conviction, limited catalysts and outperformance year-to-date leave the digital asset |
1:44.4 | sector stuck in a trading range with a challenging macro background, likely capping digital |
1:48.6 | asset upside. |
1:49.6 | The analysts wrote. |
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