Markets Outlook

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.

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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.

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.

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.

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.

The "Wild West" era of crypto lending ended in a series of bankruptcies. Now the industry is attempting to rebuild in a sustainable and accountable manner.

Today's episode is sponsored by Kraken Pro.

Today’s featured story is an opinion piece from Mauricio Di Bartolomeo, titled: “Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?”

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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 Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

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 Michele Musso. “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.

Plus: Ryan Salame, a top FTX executive who played a key role in the exchange’s political fundraising operations, pleaded guilty on Thursday to federal criminal charges.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

First Mover Americas: Bitcoin Shows Signs of Life

Bitcoin Halving is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth

U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed

Ex-FTX Executive Ryan Salame Could Forfeit $1.5B as Part of Guilty Plea

11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex

CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation

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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 Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

Noelle Acheson, author of the Crypto is Macro Now newsletter and former head of research at CoinDesk, will start next week as the new host of "Markets Daily."

Plus, a new advocacy group for tokenization including founding members such as Coinbase, Circle and Aave Companies aims to foster the use of blockchain technology for traditional assets.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

First Mover Americas: Crypto Trading Volume Hits 4-Year Low 

Crypto Spot Market August Trading Volume Hits 4.5-Year Low as Volatility Fails to Spur Activity

Depressed Crypto Markets, Regulatory Risks Fail to Dissuade Asset Managers From Investing

Tokenization Advocacy Group Wants to Bring the 'Next Trillion' of Assets to Blockchain

Blanket Crypto Bans Won’t Work, Joint IMF, FSB Paper Warns

Blockchain, AI Set to Transform Financial Markets: Moody's

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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 Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

Bitcoin has remained almost entirely locked below the $26,000 mark since the start of September.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

First Mover Americas: Bitcoin Still Stuck in Limbo 

Bitcoin Set to Form Death Cross as Dollar Index Teases Golden Crossover 

Sam Bankman-Fried's Laptop Has a New Battery Now, DOJ Says 

Russian Lawmaker Predicts That Digital Ruble Will Displace Banks

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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 Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

At the end of August, bitcoin confirmed an overbought downturn in its monthly stochastic, a signal that has previously marked market peaks.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

First Mover Americas: Bitcoin Treads Water Below $26K

Bitcoin Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: Analyst

Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing

Traditional Finance Exchanges Divided on Crypto Services: Survey

Global Standard Setters to Deliver Global Crypto Policy Roadmap

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

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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 Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.