Markets Outlook

Crypto funds saw the largest inflows in a year, primarily in bitcoin-related products. Today's Stories: Circle’s Allaire Says Bitcoin ETFs Likely to be Approved: Bloomberg EU Seals Deal on Crypto Bank-Capital Rules Zimbabwe's Gold-Backed Digital Token Won't Fix the Country's Currency Woes, Economists Say    Markets Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch  First Mo...

Bitcoin futures markets are seeing large inflows. Today's Stories:  Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg SEC Sought Freeze Order Despite ‘No Evidence’ That Binance Was Moving U.S. Customer Funds Markets Links:  BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch  First Mover Americas: Bitcoin Retreats Slightly From 12-Month High ProShares' Bitcoin Futur...

A sneak peek at the looming crypto regulation prize fight between the U.S. securities watchdog and largest domestic crypto exchange highlights that everyone is talking past each other. Featured Story: An opinion piece by David Z. Morris, titled: “Coinbase Policy Chief Shirzad Squares Off With SEC Enforcement Director Grewal.” This episode was hosted by Adam B. Levine. “Markets Daily” is executive...

Chainalysis VP Caroline Malcolm lays out the pillars she'd advocate for in any U.S. legislative proposal, informed by her experience of working with governments and industry players worldwide. Featured Story: An opinion piece by Caroline Malcolm, titled: “Chainalysis VP Caroline Malcolm: U.S. Crypto Policy Needs to Accomplish These 3 Things.” This episode was hosted by Adam B. Levine. “Markets Dai...

Hint: It likely has to do with making money. Featured Story: An opinion piece by George Kaloudis, titled: “A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF” This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

Institutions are back and they’re flooding into crypto. “Markets Daily” looks at the latest ETF updates. Today's Stories:  Crypto Exchange Gemini to Expand Asia-Pacific Operations to Capture 'Next Wave' of Growth Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products Crypto Exchange Backed by Fidelity, Schwab and Citadel Launches With Additional Investors EU Commission Br...

“Markets Daily” explores a potential undercurrent of demand for crypto markets despite regulatory uncertainty. Plus: a look at the IMF’s blueprint for cross-border CBDCs. Today's Stories:  IMF Official Presents Blueprint for Cross-Border CBDCs EU Legislation for Digital Euro Is Put on Hold: Source Ethereum Scanner Etherscan Adds OpenAI-Based Tool to Analyze Smart Contract Source Code Do Kwon Sente...

Who needs blockchain when you have a blockade? Featured Story: An opinion piece by Daniel Kuhn, titled: “Blockades and Blockchains: What the Reddit Boycott Has to Do With AI and Crypto” This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

An attempt at classifying decentralized, open-source protocols as regulated exchanges is a "gussied up ban on blockchain in the U.S.," ConsenSys lawyer Bill Hughes writes. Featured Story: An opinion piece by Bill Hughes, titled: “SEC’s DeFi Rulemaking Do-Over May Be Unconstitutional” This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and...

Plus, “Markets Daily” takes a look at the future of commercial real estate, with San Francisco as a case study. Today's Stories:  Park Hotels stops payments on $725M CMBS loan, plans to cut San Francisco exposure  San Francisco hit again as large mall owner walks away | Reuters  Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments  Markets Links:  BRN00 | Brent Crude...

The Fed’s stagnant core interest rate decision is being characterized as a “pause” rather than an end. Featured Story: An opinion piece by Daniel Kuhn, titled: “Ripple Does Not Care Whether XRP Is 'Sufficiently Decentralized'” Markets Links:  BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch  USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop First Mover Americas: Bit...

Comparing to consensus expectations, the latest inflation report appears positive. But it’s not all good news. “Markets Daily” takes a look at the numbers. Today's Stories:  U.S. CPI Inflation Slowed to 0.1% in May; Bitcoin Rises Prime Trust Unit Banq Files for Bankruptcy U.S. Judge Rebuffs SEC Request for Binance. US Asset Freeze for Now Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdraw...

U.S. law doesn't let appointed regulators override elected official. But the SEC head may be doing exactly that. Featured Story: An opinion piece by David Z. Morris, titled: “The New Crypto Bill Gary Gensler Doesn't Want You to Know About” This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music b...

And a key metric tracking market liquidity tanked over the weekend, potentially indicating increased volatility on the horizon. Today's Stories:  Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources Bitcoin Payments Firm Strike Moves Custody In-House After Ditching Third-Party Services Crypto.com Winding Down U.S. Institutional Business Ethereum $ETH Blockchain's Vit...

Recent moves by Saudi Arabia, Russia and China have raised fears that the U.S. dollar could lose its preferred status for oil trading. And yet alternative national currencies aren’t that appealing. Could a Bitcoin-like currency do better? Featured Story: An opinion piece by David Z. Morris, titled: “The Petrodollar and Its Discontents Point to Bitcoin's Role in the Financial Future” This episode w...

Crypto needs a fresh start: new exchanges that can avoid the ever-present threat of SEC enforcement by being structured correctly in the first place, writes Preston Byrne. Featured Story: An opinion piece by Preston J. Byrne, titled: “How to Build a Compliant Crypto Exchange Post-Coinbase” This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produc...

The country reportedly backed out of plans to build a "national crypto exchange," the latest sign of indecision. Featured Story: An opinion piece by Daniel Kuhn, titled: “Should Russia Bolster or Ban Bitcoin?” This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

Implied volatility metrics show no signs of panic after the SEC filed lawsuits against the two cryptocurrency exchanges. Today's Stories: Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says Coinbase CEO Armstrong Says Not Shutting Down Staking Service Crypto Exchange Binance Says Gensler O...

Unfair regulators are pushing crypto innovation out of the country. Today on “Markets Daily,” we hear from a builder who sees the writing on the wall. Featured Story: An opinion piece by Derek Boirun, titled: "Why I’m Leaving the U.S." This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Do...

The Securities and Exchange Commission (SEC) hit two large U.S. crypto exchanges with multiple securities violations. “Markets Daily” takes a deeper look. Today's Stories:  SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations SEC Sues Coinbase on Unregistered Securities Exchange Allegations  Markets Links:  BRN00 | Brent Crude Oil Continuous Contract Ove...

Many large countries around the world, including Pakistan and Nigeria, suffer currency turmoil. Citizens are turning to crypto assets as a hedge. Featured Story: An opinion piece by Noelle Acheson, titled: Why the Biggest Emerging Markets Are Turning to Crypto. This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl...

Chainalysis and Elliptic have found that crypto is useful for crime, but that’s hardly an argument for banning it. This Featured Story:  Is an opinion piece by Daniel Kuhn, deputy managing editor for Consensus Magazine, titled: Why Elizabeth Warren Is Wrong About Crypto and the Fentanyl Epidemic This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Mu...

For some crypto projects, actually launching is the worst possible plan. A Featured Story: This is an opinion piece by David Z. Morris, CoinDesk's Chief Insights Columnist, titled: The PulseChain Sideshow Tent Is Collapsing. 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.

Paradoxically, the unemployment rate rose significantly to 3.7% and the U.S. Commodity Future Trading Commission (CFTC)  proposes new regulations to offset the risks of crypto investing. Today's Stories:  U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K U.S. Commodities Agency May Change Risk Rules to Consider Crypto Bitcoin Miners Gain Support From Texas With...

Market participants are closely watching the progress towards a multi-year suspension of the US debt ceiling, a deal that has both Democratic and Republican members celebrating.  Today's Stories:  Treat Crypto as Securities by Default, European Parliament Study Says USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown U.S. Sen. Elizabeth Warren Calls...