MARKETS DAILY: Crypto Update | Why Mt. Gox Payouts Are Unlikely to Cause a Wave of Bitcoin Selling

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CoinDesk

Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 28 December 2023

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores ether outperformance, inflation expectations, Mt. Gox and more. Today's episode is sponsored by CME Group. To get the show every day, follow the podcast here. Today’s Stories: Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack Infamously Hacked Crypto Exchange Mt. Gox Delays Bitcoin (BTC) Repayment Deadline by a Year CoinDesk Turns 10: The Legacy of Mt. Gox – Why Bitcoin's Greatest Hack Still Matters - 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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0:43.9	Wondery, UK. That's audible.com slash Wondery UK.
0:49.7	This episode of Markets Daily is sponsored by CME Group.
0:58.2	Music This episode of Markets Daily is sponsored by CME Group. It's Thursday, December 28, 2003, and this is Markets Daily from CoinDesk.
1:05.4	My name is Noel Acheson, CoinDesk collaborator and author of the Crypto's Macrono
1:09.9	Newsletter on Substat. On today's show,
1:12.6	we're talking about ether outperformance, inflation expectations, Mount Gawks, and more.
1:22.2	So you don't miss an episode, be sure to follow the podcast on your platform of choice and turn on
1:27.2	notifications.
1:28.7	And just a reminder, CoinDisc is a new source and does not provide investment advice.
1:34.3	Now, a markets roundup.
1:36.9	In crypto markets, after a relatively uneventful few days, Ether is outperforming.
1:42.7	The second largest token by market cap soared past
1:46.6	$2,400 earlier today. Although it has since pulled back some, it is so far holding on to most
	...

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