It has been a month since the ceasefire between Israel and Hamas in Gaza was implemented and despite some violations the shaky truce is holding. Both sides say they’re committed to the deal. We look at how progress towards the next phase in the agreement is proceeding.
Economists and investors have long turned to copper as a reliable economic indicator: High prices meant the economy was humming, and low prices meant it wasn’t. That’s in part because copper is useful for so many economic activities. In fact, copper was considered such a good signal that investors gave it a nickname—Dr. Copper. But now, as high demand and tariffs affect copper prices, is the commodity’s relationship with the economy becoming blurry? Host Alex Ossola discusses this with Dec Mullarkey, head of investment strategy and asset allocation at SLC Management. This is part two of our four-part series on alternative economic indicators.
Democrats in the US Congress release three emails by the late convicted sex offender Jeffrey Epstein mentioning Donald Trump. One of the emails says the president spent several hours with a woman described as a victim of Epstein's sex trafficking. The Democrats say the communications raise serious questions about what the president knew at the time about Epstein's behaviour. The White House says the emails represent a "false narrative" and their release is an attempt to smear the president. Also: another corruption scandal shakes the Ukrainian government, with the justice minister being suspended; and how the Royal Shakespeare Company is trying to sell Britain's most famous playwright to young people.
The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight.
Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk
The Democrat governor of California, Gavin Newsom, has criticised deadly US strikes on alleged drug-trafficking vessels in the Caribbean. The US has now struck at least nineteen vessels, killing around eighty people. On Tuesday, an American warship (the USS Gerald R Ford) also arrived in the region. There's growing speculation that the US might attack Venezuela, where President Maduro has announced a nationwide military deployment.
Also in the programme: The Israeli military says its troops were attacked when they detained four Israeli settlers in the occupied West Bank for taking part in a large scale arson attack on Palestinian villages; out of the latest atrocities in Sudan, we will bring you the survivors' stories; and bagpipe world record broken in Australia.
(Photo: Dozens of aircraft on the USS Gerald R Ford add significant combat power to US forces near Latin America. Credit: Getty Images)
Bealls Inc. is adopting crypto payments across its 660+ stores in partnership with Flexa.
Bealls Inc. is bringing crypto payments to its 660+ stores, making it one of the largest retailers to adopt the technology. CEO, Matt Beall and Flexa Co-Founder, Danny McCabe join CoinDesk's Sam Ewen to detail the partnership. They explain how the move improves the customer experience while leveraging faster, cheaper transactions to boost retail margins. Learn why a 110-year-old retailer is making a move into the future of payments.
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Break the cycle of exploitation.
Break down the barriers to truth.
Break into the next generation of privacy.
Break Free.
Free to scroll without being monetized.
Free from censorship.
Freedom without fear.
We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design.
OwlTing (Nasdaq: OWLS) is building invisible rails for global payments. With OwlPay, businesses and users can bridge fiat and stablecoins, send money instantly across borders, and access stablecoin checkout at lower costs. Licensed worldwide, OwlTing delivers secure, compliant, and regulated infrastructure for the digital economy. Learn more at https://www.owlting.com/portal/?lang=en&utm_source=CoinDesk&utm_medium=cpc&utm_campaign=CoinDesk_Banner.
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Genius Group has partnered with CoinDesk for Bitcoin Treasury Month, launching the Genius x CoinDesk Quest. Participants can join the Bitcoin Academy, complete free microcourses from experts like Natalie Brunell and Saifedean Ammous, and enter to win 1,000,000 GEMs (worth 1 BTC) promoting bitcoin education and adoption.Learn more at: geniusgroup.ai/coindesk-bitcoin-treasury-month/
Canary Funds' XRP Trust is poised to become the first pure spot XRP ETF in the U.S. Once the Nasdaq certifies the listing, expected by end of day Wednesday, the product will become effective, clearing the last regulatory hurdle for a Thursday market open. Will we see the ETF go live on Thursday? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
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Break the cycle of exploitation.
Break down the barriers to truth.
Break into the next generation of privacy.
Break Free.
Free to scroll without being monetized.
Free from censorship.
Freedom without fear.
We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design.
Genius Group has partnered with CoinDesk for Bitcoin Treasury Month, launching the Genius x CoinDesk Quest. Participants can join the Bitcoin Academy, complete free microcourses from experts like Natalie Brunell and Saifedean Ammous, and enter to win 1,000,000 GEMs (worth 1 BTC) promoting bitcoin education and adoption.Learn more at: geniusgroup.ai/coindesk-bitcoin-treasury-month/
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OwlTing (Nasdaq: OWLS) is building invisible rails for global payments. With OwlPay, businesses and users can bridge fiat and stablecoins, send money instantly across borders, and access stablecoin checkout at lower costs. Licensed worldwide, OwlTing delivers secure, compliant, and regulated infrastructure for the digital economy. Learn more at owlting.com.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Taylor Fleming.
Can new tougher measures announced by Sierra Leone's President Bio really be effective in combating kush, the illegal psychoactive blend of addictive substances that is devastating the country.
What caused the fatal helicopter crash in Ghana that killed eight people, including two high profile government ministers?
And why has Senegal dismissed the IMF’s debt restructure plan as "a disgrace"?
Presenter: Audrey Brown
Producers: Sunita Nahar, Yvette Twagiramariya, Mark Wilberforce, Joseph Keen and Stefania Okereke
Technical Producer: Philip Bull
Senior Producer: Patricia Whitehorne
Editor: Andre Lombard and Alice Muthengi
Alex Thorn from Galaxy Digital discusses why they revised their Bitcoin price target from $185K to $120K, competition from gold and AI, the stalling Bitcoin Season 2 momentum, stablecoin growth, and Bitcoin's transition into a mature, lower-volatility asset class.
Alex Thorn, Head of Research at Galaxy Digital, joins us to talk about why Galaxy revised their Bitcoin end-of-year target from $185K to $120K, the competitive headwinds from gold (up 57% vs Bitcoin's 12%), AI investments, and stablecoins, the October 10th leverage wipeout, Bitcoin's maturation into a lower-volatility asset, whale distribution patterns, the stalled momentum of ordinals and runes, Bitcoin Layer 2 developments, and the ongoing arbitrary data filters debate affecting projects like Citrea and Botanix.
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**Notes:**
• Galaxy revised BTC target: $185K down to $120K
• Gold outperformed Bitcoin: 57% vs 12% YTD
• October 10th leverage wipeout major catalyst
• Bitcoin Season 2 momentum has stalled out
• Stablecoins creating major market competition
• Layer 2s like Citrea, Botanix still early stage
Timestamps:
00:00 Start
00:49 Gov shutdown? Oh no!!!
03:03 Revising EOY price prediction
07:55 Next price catalyst?
10:50 Longer term price predictions
14:01 Crashing to $100k
16:34 Stablecoins
22:38 Tether & competition
30:11 Backing
33:58 Did we lose the plot?
37:37 Enthusiasm for BTC development
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The House to vote on ending the shutdown. Bitter cold in parts of the nation. Jimmy Kimmel mourns the death of bandleader Cleto Escobedo. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.