CoinDesk Podcast Network - MARKETS DAILY: CoinDesk Market Index Week in Review

CoinDesk Indices presents six notable market movement highlights from last week.

Today's episode is sponsored by Kraken Pro.

The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. For more on the CMI you can visit: http://coindeskmarkets.com/

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From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

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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. This episode used Wondercraft Voice AI.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - UNCHAINED: With Execs Leaving and Market Share Declining, Can Binance Survive?

In the wake of FTX’s collapse, Binance – already the biggest exchange in the world by a large margin – has continued to grow. But a series of challenges, including billions of dollars worth of customer outflows, the winding down of its stablecoin BUSD, and suits with the SEC and CFTC related to its U.S. operations have challenged its market dominance. Steven Ehrlich, director of research at Forbes Crypto, joins the show to discuss how Binance has been dealing with a deluge of bad news and how it plans to forge a path forward. 

Show highlights:

  • How the collapse of FTX impacted Binance and its market dominance
  • How Binance has been losing market share over the past few months
  • Why Steven believes that Binance.US is in a "very tenuous situation"?
  • Whether Binance is feeling stronger now that the SEC experienced a partial loss in the Ripple case
  • The consequences of consumers losing trust in Binance
  • The speculation around the recently filed sealed motion filed by the SEC
  • Whether Binance is following in the footsteps of FTX 
  • How Binance.US needs to recuperate some market volume to increase its revenue


Thank you to our sponsors!

Crypto.com   |  Arbitrum Foundation  |  Thales DAO  |  Toku

Guest | 

Steven Ehrlich - Director of Research at Forbes Crypto.

Links | 

WSJ: 

Binance, the Biggest Player in Crypto, Is Facing Legal Risks Over Russia

More Binance Executives Leave, Including Some Overseeing Russia

How the Binance CEO Operates: Weigh the Risk, Calculate the Reward

What Is Happening With Binance?

Binance Lays Off Over 1,000 Employees

Some Binance.US Crypto Trading Was a Mirage, the SEC Alleges

Binance.US Legal, Risk Executives Leave the Crypto Exchange

Reuters:

Crypto exchange Binance hit by executive exodus

Paxos receives U.S. SEC notice over Binance's stablecoin 'BUSD'

Binance CEO's trading firm received $11 billion via client deposit company, SEC says

The Block:

Binance.US can't grow until CZ sells stake, fixes regulatory issues: sources

Binance to end support for BUSD, encourages conversion to FDUSD

Mastercard, Binance end crypto card partnership in four countries

Binance withdraws crypto license application in Germany 

CoinDesk:

 SEC's Secret Binance Court Filing Has Observers Bracing for Bad News

John Reed Stark’s post on X 

CFTC:

 CFTC Charges Binance and Its Founder, Changpeng Zhao, with Willful Evasion of Federal Law and Operating an Illegal Digital Asset Derivatives Exchange


Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | ETH Supply Down One Year Post-Merge, With Host Noelle Acheson

Noelle Acheson, author of the Crypto Is Macro Now newsletter, discusses Ethereum one year post-Merge, bitcoin mining, institutional interest and more.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

Deutsche Bank to Delve Into Crypto Custody, Tokenization With Taurus

https://twitter.com/Jamie1Coutts/status/1702232759866163351?s=20

A Year After Ethereum Merge, Net Supply Down Nearly 300K Ether

Sino Ocean: China property woes deepen as a big developer suspends debt payments | CNN Business

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From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

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.

CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | SEC Says ‘Stoner Cats’ NFTs Are Unregistered Securities, With Host Noelle Acheson

Noelle Acheson, author of the Crypto is Macro Now newsletter, discusses FTX crypto holdings sales, Coinbase and Bitcoin’s Lightning network and SEC overreach.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL

BANKRUPTCY COURT GUIDELINES FOR THE SALE OR TRANSFER OF CERTAIN DIGITAL ASSETS

Coinbase CEO Confirms Exchange Will Support Lightning, Which Dramatically Speeds Up Bitcoin Payments

https://txstats.com/d/000000012/lightning-network?orgId=1&from=now-5y&to=now

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From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

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.

CoinDesk Podcast Network - CARPE CONSENSUS: How to ‘Rage Quit’ a DAO, Safely

The latest in a series of "rage quits" that showcase how DAOs deal with factions of investors who lose faith in their vision and demand their money back.

On “Carpe Consensus,” hosts Ben Schiller and Danny Nelson dive into the latest crypto news.

  • [1:15] Ben kicks off the show by recounting his time on the (muddy) playa of Burning Man 2023. Are some foundational ideals of the festival harmonious with the crypto ethos?
  • [6:07] Inside the Desk: North Korea-linked hacker collective Lazarus Group has been linked to yet another crypto hack.
  • [12:06] Danny’s Dungeon: NounsDAO is the latest decentralized autonomous organization (DAO) to undergo a so-called “rage quit.” The mechanism for this particular treasury split is relatively new and allows disaffected investors to, potentially, exit peacefully.

“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - MONEY REIMAGINED: Noelle Acheson On What’s Not Happening With Bitcoin

The most recent insights into the future of Global Finance, BRICS, and Bitcoin. 

In today's episode of "Money Reimagined," while Michael Casey is moderating a conference on crypto,  Sheila Warren is joined by CoinDesk collaborator and author of the Crypto is Macro Now newsletter on Substack, and the new host of CoinDesks’ Markets Daily is Noelle Acheson


In this thought-provoking podcast episode, Noel Acheson challenges the prevailing notion of Bitcoin being in a bear market, presenting compelling evidence of its robust performance throughout the year and its impressive outperformance compared to traditional stocks. With diverse perspectives, Warren and Acheson, delve into the significance of Bitcoin ETFs for institutional investors, addressing concerns over market volatility and liquidity. The podcast further explores the critical role of liquidity in the digital asset realm and the potential consequences of exchange failures. Sheila shares insights into India's evolving stance on cryptocurrency and its role in global crypto guidelines providing an in-depth analysis of the country's shifting landscape. This episode also examines BRICS and its expanding influence, particularly in the context of reducing dependence on the US dollar. Geopolitical implications, energy considerations, and the frictionless movement of money across borders are central themes, offering a comprehensive exploration of the evolving world of cryptocurrencies, geopolitics, and global finance.

Links mentioned in the show : 

Franklin Templeton Joins Spot Bitcoin ETF Race


Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Franklin Templeton Joins List of Asset Managers Wanting Spot Bitcoin ETF, With Host Noelle Acheson

Noelle Acheson, author of the Crypto is Macro Now newsletter, discusses Franklin Templeton’s bitcoin spot ETF filing, prediction markets and jobs.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

Franklin Templeton Joins Spot Bitcoin ETF Race

Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto

Top 100 Asset Manager Managers by Managed AUM - SWFI

How Much? How Long? Where’s it Going? Prediction Markets is Now Live at BitMEX

BitMEX's Prediction Market Is Now Live

48.00 (P_XBTETFV23) Trade - BitMEX

Ripple Will Do 80% of Its Hiring This Year Outside the U.S: Bloomberg

Coinbase Targets Regulatory Clarity in International Expansion Plan

OPEC+ cuts, firm demand in Asia to lift Brent above $100/bbl by year-end -BofA | Reuters 

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From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

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.

CoinDesk Podcast Network - UNCHAINED: Jeremy Allaire on Circle’s ‘Multi-Decade’ Strategy and Where Stablecoin Regulation Is Headed

It’s been a busy year for USDC issuer Circle, with several new product launches and partnerships, a crypto banking crisis to contend with, the entry of PayPal into the stablecoin business, and plenty of new global regulatory developments, including a bill in the U.S. now making its way through Congress. Circle co-founder and CEO Jeremy Allaire joins Unchained for an in-depth discussion on the reasons behind Coinbase’s investment in Circle, how Circle has emerged stronger from the banking crisis, what he thinks of PYUSD, what he likes and doesn’t like about the current U.S. stablecoin bill, and his thoughts on what the final bill will look like. 


Show highlights:

  • Why Circle and Coinbase created the Center Consortium and why Coinbase acquired a stake in Circle?
  • Whether Circle is aiming to be acquired or become a public company, and why Jeremy is pursuing a "multi-decade" strategy.
  • Why Circle partnered with MercadoLibre and the stablecoin usage in Latin America?
  • How the company has been supporting developers to build applications.
  • Why Circle is launching native USDC on so many new blockchains?
  • What the purpose of cross-chain transfer protocol (CCTP) is and what the big problems with bridges are.
  • How Circle responded to Silicon Valley Bank’s collapse and why the world began to feel that "it's not safe to be exposed to the US."
  • Jeremy's thoughts on the launch of PayPal's stablecoin, PYUSD.
  • Why is having stablecoin legislation a "national priority," according to Jeremy?
  • Why Jeremy is a proponent of a fully reserved banking system?
  • Why did he think the US needs to "aggressively" take action to preserve the global reserve currency status of the US dollar?
  • How China’s national digital currency is likely to develop.
  • How crypto can provide a better way of support identity without giving up privacy?
  • Why blockchain technology is much more than just a financial regulatory matter?


Links | 

Unchained: 

Coinbase Acquires Equity Stake in Circle Amid USDC Updates and Market Challenges

Will PayPal’s PYUSD Steal Market Share From Tether and Circle?

The Fall of SVB: What Happened and How It Affects Crypto

CoinDesk | 

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

Circle Seeks to Make Crypto Payments Easier With New 'Programmable Wallets'

Written Statement of Jeremy Allaire Before the United States House Committee on Financial Services, “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem”


South China Morning Post:

Head of crypto firm Circle accepts ban in mainland China, but sees role for yuan-backed stablecoins 

TechCrunch: Solana Pay integrates plug-in with Shopify for USDC payments 

Decrypt: Circle Partners With Mercado Libre to Bring USDC to Chile 

Jeremy’s comments on the launch of PYUSD


Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Market Selling Pressure on the Horizon, With Host Noelle Acheson

Noelle Acheson, author of the Crypto is Macro Now newsletter and former head of research at CoinDesk, discusses potential market selling pressure, crypto fund outflows and today’s testimony by SEC chair Gary Gensler.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

OPEC Oil Data Show 3 Million-Barrel Supply Shortfall as Saudi Arabia Extends Cut - Bloomberg

ECB Interest Rate Decision Suspense Intensifies With Officials Split - Bloomberg

Cryptocurrency Altcoin Crash Is Coming: Matrixport

FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto Billions

Volume 148: Digital Asset Fund Flows Weekly Report | by James Butterfill | Sep, 2023 | CoinShares Blog

Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony

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From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

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.

CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Crypto in the Red While U.S. Stocks Open Strong, With Host Noelle Acheson

Noelle Acheson, author of the Crypto is Macro Now newsletter and former head of research at CoinDesk, provides market insights and updates about the G20 summit.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

Coinbase CEO on company's next steps, why crypto will be a 'hot topic' in 2024 WH race

https://twitter.com/GitaGopinath/status/1700728105290321941?s=20

IMF-FSB Synthesis Paper: Policies for Crypto-Assets - Financial Stability Board

India Will Decide on Its Crypto Stance in Coming Months

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From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

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.