South Africa opens a new border authority to curb illegal crossings from neighbouring countries. We hear from the BBC team that visited a town on the border with Zimbabwe.
Ghana's new health minister has published a new book on the lessons learnt from the Covid pandemic in his country, and the experience of fear, facts, faith and fortune.
And we explore the global potential and profitability of Africa fashion.
Presenter: Audrey Brown
Producers: Yvette Twagiramariya, Stefania Okereke and Victor Sylver
Technical Producer: Chris Ablakwa
Senior Producer: Patricia Whitehorne
Editors: Andre Lombard and Alice Muthengi
The latest price moves and insights with Helene Braun and Matt Hougan, Chief Investment Officer at Bitwise.
To get the show every day, follow the podcast here.
On "Markets Daily," CIO of Bitwise, Matt Hougan, joins Markets Daily with insights on the recent trends in crypto assets, focusing on Bitcoin and Ether, and how ETFs have influenced their trading volumes. It credits the success of Bitcoin ETFs to making Bitcoin more accessible to a broader investor base. Hougan also explores Bitcoin's volatility and its potential to reach new highs, while addressing the outflows from Grayscale's GBTC and the chance for reduced fees. Additionally, the impact of Fed Chair Jerome Powell's upcoming speech is considered less significant than the effects of ETF inflows and the Bitcoin halving event on Bitcoin's price.
Takeaways |
Bitcoin ETFs have contributed to increased trading volumes and accessibility of Bitcoin to a wider range of investors.
Bitcoin's volatility is seen as part of a fixed channel, and the expectation is that it will surpass its previous all-time high.
Outflows from Grayscale's GBTC are attributed to the availability of lower-cost products and the need for investors to do due diligence.
The introduction of an Ethereum ETF may be more beneficial after the market has had time to digest Bitcoin ETFs.
The flows into ETFs and the Bitcoin halving are expected to have a greater impact on Bitcoin's price than the actions of the Fed.
Consensus 2024 is where experts convene to discuss ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MD15.
This episode was hosted by Helene Braun. “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.
Powerful Earthquake strikes Taiwan. Tornadoes touch down from Ohio to Alabama. The US calls for an impartial investigation in Israel. Correspondent Steve Kathan has those stories and more in today's World News Roundup:
Today’s guest is the John Ganz, author of the Unpopular Front substack and the upcoming book “When The Clock Broke.” We talk about the now years-long debate about whether what’s happening among the right wing in American should be called “fascism” and how such definitions should and should not be used in a political manner. We also talk about normie/resistance liberals and the concept of a popular front that needs to exist to defeat all that Trump might bring with him into office.
These links will be a helpful primer if you’re unfamiliar.
Mayor Brandon Johnson appointed Sendy Soto to the position where she will be tasked with creating a five-year plan to address homelessness in Chicago. Reset learns more about this and other ongoing events in City Hall with WBEZ’s Tessa Weinberg.
For a full archive of Reset interviews, head over to wbez.org/reset.
On March 20, Fortune reported that the SEC was investigating the Ethereum Foundation and was looking for legal ways to label ETH as a security.
Sam Enzer, partner at Cahill Gordon & Reindel, and Greg Strong, partner at DLx Law joined Laura to discuss everything about the investigation and its implications.
The guests speculate about the hidden motivations behind the SEC's investigation and discuss the likelihood of the approval of spot Ether ETFs. They also discuss the recent ruling in the SEC vs Coinbase case, where the judge dismissed claims that Coinbase's wallet was acting as an unregistered brokerage, but allowed the rest of the suit to proceed.
Lastly, they touch on the devastating impact on the crypto industry if the SEC were to win a case alleging ETHer is a security and what they are looking out for in the next couple of weeks and months.
Show highlights:
Whether the investigation into the Ethereum Foundation is confirmed and why the SEC would do this
Why Sam Enzer believes that the SEC would be "utterly wrong and ridiculous" in alleging ETH is a security
Whether the number of people working on Ethereum could make the argument that it is decentralized
How would the SEC justify that ETH is a security and whether the Foundation is running Ethereum’s managerial efforts
Whether the SEC is looking for evidence to deny spot ether ETFs
Why SEC chair Gary Gensler has changed his mind on many of his previous stances regarding crypto assets and whether he's acting in good faith
The ongoing battle between the SEC and the CFTC and the need for Congress to regulate the industry
What the possible outcome of this investigation could be, and whether we'll have a court case soon
What the impact would be if ETH were classified a security
Whether Prometheum could launch its platform offering custody of ETH as a security before an SEC designation
Why Sam believes that the spot ETH ETFs will be denied on May 23rd
How the SEC has already made up its mind even before gathering the facts, according to Sam
Whether the recent judgment on Coinbase's case affects the potential case against the EF
Whether Ethereum transactions are security transactions, and the difference between primary and secondary sales
What to expect in terms of regulation and enforcement actions in the short term, given the number of cases at the moment
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
A massive 7.4 magnitude earthquake has struck Taiwan, the biggest quake to rock the Asian island in 25 years. rotest votes in Wisconsin's primary — against President Biden and Donald Trump. And a controversial Texas immigration law is back in court for a crucial test.
Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.
Today's episode of Up First was edited by Miguel Macias, Padma Rama, Alfredo Carbajal, Alice Woelfle and Ben Adler. It was produced by Ziad Buchh, Ben Abrams and Kaity Kline. We get engineering support from Josephine Nyounai, and our technical director is Zac Coleman.
Marissa Mayer is the CEO and co-founder of Sunshine, the former CEO of Yahoo, and a longtime Google executive. She joins Big Technology Podcast to discuss why she's betting on consumer tech, building a new array of products including Sunshine Contacts and the newly released Shine, a photo sharing app. Mayer discusses how AI impacts building for consumers today, and whether independent tech stands a chance against big tech. We also discuss the state of OpenAI, Google's competitive position, the lessons from Mayer's Tumblr acquisition, and what motivated her to found a company. Tune in for a fun, in-depth conversation with one of tech's leading executives.
India is not the first country to leapfrog from poverty-induced undernourishment to also having an obesity crisis—but a number of factors make that a far chunkier problem than it is elsewhere. A shock local-election result in Turkey suggests the country’s strongman leader may not be so strong (9:48). And China’s solar-panel bonanza upsets the lucrative market for ultra-pure sand (17:43).
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