MARKETS DAILY: Crypto Update | Relief in Bitcoin Pressure, Stablecoin Concerns, and South Korea's Offshore Holdings

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 21 September 2023

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Noelle Acheson, author of the Crypto Is Macro Now newsletter, investigates the easing in potential Bitcoin selling pressure, renewed concerns surrounding the crypto world's largest stablecoin, and the intriguing South Korean offshore crypto holdings. Today's episode is sponsored by Kraken Pro. Today’s Stories: Mt. Gox Pushes Repayment Deadline by a Year Tether Is Lending Its Stablecoins Again - WSJ South Koreans Hold $99B of Digital Assets Overseas: Tax Service 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

Click on a timestamp to play from that location

0:00.0	Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch
0:05.8	of a button.
0:07.0	Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths
0:11.8	solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville.
0:17.1	Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural
0:22.6	chills to far-off romances, every story comes alive through world-class narration.
0:28.5	Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers
0:34.4	that transport you from the very first word, because the next great
0:38.2	adventure is just a listener way. Start your free 30-day trial at audible.com slash
0:43.9	Wondery, UK. That's audible.com slash Wondery UK.
0:49.7	This episode of Markets Daily is sponsored by Cracken.
0:57.2	It's Thursday, September 21st, 2003, and this is Markets Daily from CoinDest.
1:03.8	My name is Noel Acheson, CoinDest collaborator, and author of the Crypto's Macronow newsletter
1:08.6	on Substack.
1:09.6	On today's show, we're talking about
1:11.2	some relief in potential Bitcoin selling pressure, renewed concerns about crypto's largest stable
1:16.5	coin, and South Korean offshore crypto holdings. So you don't miss an episode, be sure to follow
1:22.3	the podcast on your platform of choice. And just a reminder, CoinDesk is a new source and does not provide investment advice.
1:30.3	Now, the markets roundup.
1:35.3	Assets around the world reacted with surprise yesterday at the FOMC's statement that left US rates unchanged,
1:46.1	but that also loudly signaled that U.S. rates will remain higher for longer.
1:51.2	Among the more surprising moves was the lifting of the FOMC projection for the Fed Funds
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.