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CoinDesk Podcast Network

MARKETS DAILY: Crypto Update | Why a Spot Bitcoin ETF Would Help the Crypto Market

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 17 October 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores the U.S. consumer, bitcoin ETFs and more.

Today's episode is sponsored by CME Group.

Today’s Stories:

Bitcoin Jumps to $30K, Then Dumps, as False Spot ETF Approval Report Circulates  

-

From our sponsors:

CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and

ether trading. These cash-settled contracts give full exposure to crypto performance without the

hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a

transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.

Disclaimer:

This communication is not directed to investors located in any particular jurisdiction and is not

intended to be accessed by recipients based in jurisdictions in which distribution is not

permitted. The information herein should not be considered investment advice or the results of

actual market experience. Past results are not necessarily indicative of future performance.

Trading derivatives products involves the risk of loss. Please consider carefully whether futures

or options are appropriate to your financial situation.

-

This episode was hosted by Noelle Acheson. “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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0:49.8

This episode of Markets Daily is sponsored by CME Group.

0:58.0

It's Tuesday, October 17, 2023, and this is Markets Daily from CoinDesk.

1:04.9

My name is Noel Acheson, CoinDisc collaborator and author of the Crypto is Macro

1:09.0

Now newsletter on Substac.

1:11.0

On today's show, we're talking about the US consumer, Bitcoin ETFs, and more.

1:21.8

So you don't miss an episode, be sure to follow the podcast on your platform of choice.

1:26.9

And just a reminder, CoinDesk is a news

1:29.3

source and does not provide investment advice. Now, a markets roundup. The past 24 hours have

1:36.8

delivered some drama in crypto markets. As we were recording yesterday's episode, a report

1:41.9

surfaced on Twitter saying that BlackRock's spot

1:44.5

Bitcoin ETF proposal had been approved. That pushed the price of Bitcoin up around 10% past $30,000

1:52.3

in a matter of minutes. The report turned out to be false, however, and the Bitcoin price

...

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