MARKETS DAILY: Crypto Update | Investors Await Powell’s Speech as Bitcoin Clings to $26K

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CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 25 August 2023

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Plus, an FTX and Blockfi cybersecurity incident. Today's episode is sponsored by Kraken Pro. Today's Stories: First Mover Americas: Bitcoin Clings to $26K as Investors Await Powell’s Speech Binance Is Contacting Low-Cap Crypto Projects in Bid to Boost Trading Ether Whales Scooped Up $94M in ETH as Price Plunged to $1.6K JPMorgan Sees Limited Downside for Crypto Markets in the Near Term FTX, BlockFi's Customer Data Compromised in Kroll Hack Default of Tokenized Loans on Centrifuge Puts MakerDAO’s Investment at Risk 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 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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0:43.9	Wondery, UK. That's audible.com slash Wondery UK.
0:49.7	This episode of Markets Daily is sponsored by Cracken.
0:58.0	Thank you. This episode of Markets Daily is sponsored by Cracken. It's Friday, August 25th, 20203, and this is Markets Daily from CoinDisk.
1:02.8	Hi, I'm Michelle Muso here with your Crypto Markets Roundup.
1:05.7	On today's show, we're talking Bitcoin, Binance, FTX, and more.
1:09.8	And just a reminder, CoinDisc is a news source and does not provide investment advice.
1:21.8	We've had a few comments on our podcast, wondering if I am real or this is AI technology. I am a real human during the week
1:29.9	hosting our crypto markets roundup. However, here at CoinDesk, we're trying something new on the
1:35.1	weekends for our weekend reads. We're utilizing AI technology. Let us know what you think at
1:40.3	podcasts at CoinDest.com. Subject line Markets Daily. And now on with today's show.
1:47.0	Bitcoin is holding steady around the $26,000 mark as investors eagerly await the much-anticipated
1:53.6	speech by U.S. Federal Reserve Chair Jerome Powell at Jackson Hole later today.
1:58.7	Also present at the event will be European Central Bank President
	...

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