MARKETS DAILY: Crypto Update | Hints of Green Shoots After the Crypto Winter With Host Noelle Acheson

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CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 19 September 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Noelle Acheson, author of the Crypto Is Macro Now newsletter, notes that following a prolonged and dormant crypto winter, there's a noticeable resurgence in activity within crypto funds. Today's episode is sponsored by Kraken Pro. Today’s Stories: Sunac, Country Garden debt deals bring respite for China's property sector | Reuters US oil output from top shale areas to fall for 3rd straight month in October, EIA says | Reuters Saudi energy minister says OPEC+ cuts were needed to stabilize oil market | Reuters Crypto VC Firm Blockchain Capital Raises $580M for 2 New Funds Nomura's Laser Digital Starts 'Bitcoin Adoption Fund' for Institutional Investor Crypto VC Electric Capital aims to raise $300 million for new fund | The Block Thailand's KBank Starts $100M Fund Targeting AI and Web3 Crypto Exchange Bitget Establishes $100M Pot to Fund Ecosystem Growth Investment firm Reverie launches $20 million crypto venture fund | The Block CRYPTO IS MACRO NOW NEWSLETTER - From our sponsors: Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto. It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface. Head to pro.kraken.com and trade like a pro. 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. - This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Michele Musso. 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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0:49.9	This episode of Markets Daily is sponsored by Cracken.
1:03.9	It's Tuesday, September 19th, 2020, and this is Markets Daily from CoinDisc.
1:08.8	My name is Noelle Atchison, CoinDest collaborator, and author of the Crypto's Macronau newsletter on Substack.
1:10.4	On today's show, we're talking about hints of green shoots
1:13.5	after the crypto winter going by recent announcements of crypto funds.
1:18.1	And just a reminder, CoinDesk is a news source
1:20.5	and does not provide investment advice.
1:23.3	Now, a markets roundup.
1:28.7	Crypto volatility certainly does seem to be coming back, judging from price moves over the past 24 hours.
1:34.9	Yesterday, we talked about how prices were rising.
1:37.7	Well, around about midday Eastern time yesterday after we recorded, they fell sharply,
1:42.0	with Bitcoin dropping almost 1.7% in half an hour. Early today, they rapidly sharply, with Bitcoin dropping almost 1.7% in half an hour.
	...

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