CoinDesk Podcast Network
MARKETS DAILY: Is the Bitcoin Halving Priced In? With Anthony Georgiades
Mar 11, 2024
The podcast discusses bitcoin's recent rally to a new all-time high, challenges to spot ether ETF approval, and AI tokens. They also explore the unique circumstances post-Bitcoin halving, regulatory uncertainty surrounding Ethereum ETF approval, and crypto trends at Consensus event. Additionally, they delve into the speculative realm of AI tokens and project fundamentals.
11:16
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Quick takeaways
- Bitcoin and Ether prices surged due to institutional interest and network activity.
- Crypto investments evolve with focus on infrastructure scaling and AI tokens, balancing hype and innovation.
Deep dives
Bitcoin and Ethereum Prices Surge
Bitcoin and Ether experienced significant price increases over the past 24 hours, with Bitcoin trading up 2.6% at $71,577 and Ether rising 2.3% to $4,035, surpassing $4,000 for the first time in two years. The surge in Ether prices was attributed to continued rally of Namecoins on Ethereum, leading to a surge in network fees to a two-year high. Additionally, traditional markets like Aztec and the S&P 500 saw a decline, prompting traders to anticipate consumer price index data releasing on Tuesday.
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