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CoinDesk Podcast Network

MARKETS DAILY: Crypto Update | What Crypto Assets Are Waiting in the Wings? Kaiko's Riyad Carey Takes a Look Beyond Bitcoin

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 9 January 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

The latest price moves and insights with Jennifer Sanasie and guest Riyad Carey, research analyst at Kaiko. To get the show every day, follow the podcast here. "Markets Daily" kicks off a new format with a minute of market updates, followed by an interview with a rotating cast of market analysts across the crypto space. Today, host Jennifer Sanasie speaks with Riyad Carey about potential room for ether price movement, the meme coin market and airdrops to watch. This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl, alongside Senior Booking Producer Melissa Montanez. 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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1:00.4

It's Tuesday, January 9th, 2024, and this is Markets Daily from CoinDesk.

1:04.0

I'm your host, Jen Sanassi. Let's dive in to those prices.

1:18.5

According to CoinDesk indices at 8 a.m. Eastern time, Bitcoin was trading up 2.4% over the past 24 hours at $46,221.

1:26.8

This comes after an impressive Monday where Bitcoin topped $47,000 for the first time since April 2022.

1:30.2

Ether was roughly flat over the same time period at $2,265. Today's mover in the Coin Desk Market Index is helium, ticker, HNT, up 27% on the day.

1:40.2

In traditional markets, the NASDAQ was up 2.2% yesterday as investors appeared to buy the dip in the technology sector.

1:47.2

Meanwhile, the S&P 500 rose a more mild 1.4%. Stock futures are pointing down before today's open.

1:55.0

And in commodities, both gold and oil rose slightly on the day with the Brent crude benchmark trading at $77 and $82

2:02.5

of barrel and gold at $2,034 an ounce. For more on the market's action, let's bring in

2:10.2

Kiko Research Analyst Riyadh Carey. Now everyone's talking about the spot Bitcoin ETF,

2:17.4

so we got to kick the morning off with that.

2:19.8

We are, of course, waiting for an approval.

...

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