MARKETS DAILY: Crypto Update | Will Digital Assets Be a Topic in Tonight’s Debate?

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 27 June 2024

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

The latest price movements, insights, and Jenn Sanasie's 'Call of the Day.' To get the show every day, follow the podcast here. Today on "Markets Daily," Jenn Sanasie offers an in-depth analysis of the latest trends in the crypto market, focusing on the Polifi sector experiencing pressure ahead of the Biden-Trump debate. Takeaways | Bitcoin's price is affected by government actions and regulatory news. Launching ETFs for Solana and Ether could bring significant investment to the crypto market. Political events and the attention of policymakers influence the Polifi sector. The industry is seeking recognition and clear regulations from Washington. The possibility of digital assets being discussed in political debates could have a significant impact on the industry. LINKS | CoinDesk 20 - Jenn Sanasie hosted and produced this episode. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez. —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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0:49.7	If the industry can steal more headlines than usual ahead of the elections, more people
0:53.7	might start to care, bringing more soldiers to the fight. The question of the hour, will digital assets
1:00.3	be a topic in tonight's debate? I'm going to be a Debbie Downer here. I don't think it will be.
1:05.1	But if I'm wrong, I'm willing to bet that the polyfy sector is going to see some action tomorrow.
1:10.0	Thank you. bet that the polyfy sector is going to see some action tomorrow.
1:21.1	It's Thursday, June 27th, and this is Markets Daily, a show where we make sense of the crypto markets. This morning, Bitcoin is at around $61,100 as of recording time. This is after falling back towards $60,000 on Wednesday,
1:31.2	when a wallet tagged to the U.S. government moved about $240 million worth of seized Bitcoin
1:37.1	to a Coinbase Prime address.
1:39.6	Now, this, of course, ignited concerns that the assets are going to be sold.
1:45.2	The more than 3,900 bitcoins were originally seized from a Silk Road vendor and forfeited in January.
1:52.0	That's according to Arkham Intelligence.
1:54.5	Vanek filed for a Solana ETF, making it the first ETF of its kind to be filed in the United States.
	...

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