MARKETS DAILY: Crypto Update |  Bitcoin Dropping Back to 24K ‘In the Cards’ and U.S. Court in Austin Examining Lawsuit Questions from Crypto Engineers and Investors

MARKETS DAILY: Crypto Update | Bitcoin Dropping Back to 24K ‘In the Cards’ and U.S. Court in Austin Examining Lawsuit Questions from Crypto Engineers and Investors

Risk assets are down across the board, which raises concerns about Bitcoin's price. A lawsuit pertaining to smart contracts, open-source software, and token holders has been filed in response to federal sanctions on the Tornado Cash protocol. Today's Stories: Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital Black Market for Worldcoin Credentials Pops Up in China Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake Do Kwon's Detention in Montenegro Extended After High Court Decision to Revoke Bail DeSantis: ‘Bitcoin Represents a Threat to the Current Regime’ Market Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch First Mover Americas: Bitcoin Falls to $26K; Is $24K Next? Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama Bitcoin's 'Ichimoku Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis - This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. 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.

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Episoder(4133)

CLARITY Act Delayed: What It Means for Markets | Markets Outlook

CLARITY Act Delayed: What It Means for Markets | Markets Outlook

With the CLARITY Act pushed to September and $130 million drained in the Coldcard exploit, Crypto Market Analyst Ray Salmond joins Jennifer Sanasie on Markets Outlook to unpack Fed rate odds, Bitcoin’...

7 Aug 17min

Clarity Act Stalls Again as Senate Breaks for Recess | CoinDesk Daily

Clarity Act Stalls Again as Senate Breaks for Recess | CoinDesk Daily

Is CLARITY dead? The U.S. Senate is set to break for summer recess without voting on the Clarity Act, pushing the crypto market structure bill to September at the earliest. With passage odds slipping...

7 Aug 1min

AI Storage Stocks Crash: Is Capital Rotating? | CoinDesk Daily

AI Storage Stocks Crash: Is Capital Rotating? | CoinDesk Daily

Sandisk and Western Digital shares fell after record earnings. Sandisk and Western Digital both fell despite record quarterly results, a sign the AI trade may be stalling. With gold climbing and bitc...

6 Aug 1min

JPEG Trading's Kevin March on Tokenized Stocks, DeFi Lending, and the Future of Prediction Markets

JPEG Trading's Kevin March on Tokenized Stocks, DeFi Lending, and the Future of Prediction Markets

JPEG Trading Co-Founder Kevin March joins CoinDesk's Sam Ewen to break down how his firm is building end-to-end liquidity for new crypto assets and why DeFi lending is the innovation most likely to ma...

6 Aug 24min

SpaceX Shares Tumble Despite Earnings Beat | CoinDesk Daily

SpaceX Shares Tumble Despite Earnings Beat | CoinDesk Daily

SPCX tumbles despite beating earnings estimate. SpaceX reported its first quarterly results as a public company, beating on revenue but falling 11% as investors focused on heavy capital spending. Its...

5 Aug 1min

Is Money Flowing to AI? First U.S. Spot Bitcoin ETF Is Set to Close | CoinDesk Daily

Is Money Flowing to AI? First U.S. Spot Bitcoin ETF Is Set to Close | CoinDesk Daily

Hashdex to shut down its spot Bitcoin ETF. Hashdex is shutting down and liquidating its spot bitcoin ETF, in what appears to be the first liquidation of a U.S. spot bitcoin fund. Inflows have dried u...

4 Aug 1min

SEC's Hester Peirce’s Parting Advice for Crypto

SEC's Hester Peirce’s Parting Advice for Crypto

CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on the current state of crypto and the industry's evolution before digging into the George Santos CFTC settlement and the C...

4 Aug 22min

Nearly $114M of Bitcoin Lost in Continued Coldcard Attacks | CoinDesk Daily

Nearly $114M of Bitcoin Lost in Continued Coldcard Attacks | CoinDesk Daily

Coldcard wallet losses may near $114 million. A flaw in how Coldcard hardware wallets generated their keys let an attacker sweep roughly 594 bitcoin — about $38 million — from around 500 wallets in j...

3 Aug 1min

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