MARKETS DAILY: Crypto Update | Don’t Sleep On Meme Coins

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 26 June 2024

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The latest price movements, insights, and Jenn Sanasie's 'Call of the Day.' To get the show every day, follow the podcast here. Today on "Markets Daily," Jenn Sanasie offers an in-depth analysis of the latest trends in the crypto market, focusing on meme coins and their potential for mainstream adoption. Sanasie discusses expert predictions on how bitcoin liquidity indicators may signal tightening financial markets and anticipates the resurgence of meme coins with enhanced utility. LINKS | CoinDesk 20 - Jenn Sanasie hosted and produced this episode. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, 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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0:49.8	Memcoins are already core components of crypto communities and as they make their way to more
0:54.3	mainstream communities through artists, social platforms, and websites that are already in use,
1:00.1	they might become core components of Web 2 communities too.
1:05.0	All that to say, don't sleep on meme coins.
1:12.6	It's Wednesday, June 26th, and this is Markets Daily, a show where we make sense of what's
1:16.9	going on in the crypto markets.
1:18.4	This morning, Bitcoin briefly surged above $62,000 and then retreated to where it is now
1:24.0	just above $61,000 as of recording time.
1:27.6	The price fell amid significant on-chain activity in the German government's Bitcoin
1:31.2	holdings.
1:32.2	Blockchain sleuth look on chain found that the Eurozone's largest economy transferred 750
1:37.3	Bitcoins.
	...

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