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CoinDesk Podcast Network

MARKETS DAILY: Crypto Update | Will Bitcoin Hit $1 Million?

CoinDesk Podcast Network

CoinDesk

News, Daily News, Tech News, Business News

4.7698 Ratings

🗓️ 9 September 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

The latest price moves and insights with Jennifer Sanasie and JAN3 CEO Samson Mow. To get the show every day, follow the podcast here. JAN3 CEO Samson Mow joins CoinDesk to discuss the indicators impacting bitcoin's price from stablecoin AUM and interest payments on debt to ETF demands and corporate players like MicroStrategy. Plus, insights on the increasing scarcity of bitcoin and why it may send BTC price soaring. - This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and Melissa Montañez, and edited by Victor Chen. 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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0:45.6

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0:49.3

The market's wrong. Bitcoin is massively undervalued right now. And again, reiterating what I'm saying,

0:56.0

there is just so little Bitcoin out there. Every quarter, Tether is going to be buying Bitcoin.

1:01.5

Every couple months, micro-strategy is buying. Semler is buying. And we're going to see more and more

1:06.4

of that. So you can see the tide already turning. But just like in the big short, the market takes time to realize what's happening.

1:14.3

It's Monday, September 9th, and this is Markets Daily hosted by me, Jensenassi.

1:18.9

On this show, we navigate the currents shaping the crypto markets, providing insights against the broader financial landscape.

1:25.2

So whether you're actively trading or simply fascinated by the volatility of the

1:29.6

crypto markets, this show is your compass to understanding what's happened, where we are,

1:33.9

and where we are going.

1:35.8

Good morning, everyone.

1:37.6

Happy Monday.

1:38.9

Joining today's show is someone I'm very excited to talk to Bitcoin OG Jan 3 CEO Samson Moe.

...

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