Markets Outlook

Existing payments like FedNow systems are hard to beat, but there may be niches where blockchain companies can play, says EY's Paul Brody.Today's episode is sponsored by Kraken Pro.Today’s featured story is an opinion piece from Paul Brody, titled: “FedNow Is a Reminder That Payments Aren’t Crypto’s Differentiator.”-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.

Both Roman Semenov and Roman Storm were charged; Storm was arrested.Today's episode is sponsored by Kraken Pro.Today’s featured story is an opinion piece from CoinDesk’s Nikhilesh De, titled: “Tornado Cash Devs Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks.”-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.

Plus, an FTX and Blockfi cybersecurity incident.Today's episode is sponsored by Kraken Pro.Today's Stories:First Mover Americas: Bitcoin Clings to $26K as Investors Await Powell’s SpeechBinance Is Contacting Low-Cap Crypto Projects in Bid to Boost TradingEther Whales Scooped Up $94M in ETH as Price Plunged to $1.6KJPMorgan Sees Limited Downside for Crypto Markets in the Near TermFTX, BlockFi's Customer Data Compromised in Kroll HackDefault of Tokenized Loans on Centrifuge Puts MakerDAO’s Investment at RiskFrom 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.

Plus, FTX taps Galaxy to sell its crypto billions Trump NFTs surge.Today's episode is sponsored by Kraken Pro.Today's Stories:First Mover Americas: Bitcoin Jumps to $26.5K as Trading Volume IncreasesBitcoin, Ether Trade Below 'Maximum Pain' Levels Ahead of $2.7B Options SettlementBinance's Ether Futures See Lowest Open Interest Since July 2022FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto BillionsDonald Trump NFTs Surge After Tucker Carlson InterviewFrom 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.

Plus, moves in XRP and BNB.Today's episode is sponsored by Kraken Pro.Today's Stories:First Mover Americas: Bitcoin Hovers Below $26K Ether-Bitcoin Ratio Uptick Fails to Inspire Bullish Positioning in ETH Options Nearly All Short-Term Bitcoin Owners Are Underwater, Making Rallies Harder XRP Gives Up All Gains Made After Ripple Labs’ SEC Victory Australia's CBDC Likely Some Years Away, Central Bank SaysThailand’s New Pro-Crypto Prime Minister Was an Active Crypto InvestorEx-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider TradingPrivacy Mixer Tornado Cash Is an Entity, Judge Says    -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.

Markets await the U.S. Federal Reserve's annual economic symposium in Jackson Hole, Wyoming.Today's episode is sponsored by Kraken Pro.Today's Stories:First Mover Americas: Coinbase Acquires Stake in CircleXRP, ADA Post Highest Losses Among Majors; Bitcoin Steady as 'Buy the Dip' Mentions FadeBitcoin Looks Most Oversold Since Covid Crash, Key Indicator SuggestsBitcoin's 10% Weekly Drop Puts Bears in Control Ahead of Jackson Hole SymposiumBitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest RatesCoinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New BlockchainsSam Bankman-Fried Pleads Not Guilty to Latest Indictment       -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.

The ether-bitcoin ratio rose more than 2% last week. The gain is inconsistent with its record of taking losses during bouts of risk aversion.Today's episode is sponsored by Kraken Pro.Today's Stories:First Mover Americas: Bitcoin Trades Flat; Vitalik Transfers $1M Ether to CoinbaseCrypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week's SlideBitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since AprilFriend.tech Becomes Massive Ether Money Machine as NBA Players, FaZe Clan Join InCrypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan     -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.

Decentral Park’s Kelly Ye provides an overview of what tokenization is and how it will affect the investment landscape.Today's episode is sponsored by Kraken Pro.Today’s featured story is an opinion piece from Kelly Ye, titled: “How Is Tokenization Impacting Investing?”-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 takeaways from last week.Today's episode is sponsored by Kraken Pro.On today’s show, we’re bringing six notable takeaways from the last week in crypto markets. For more, head to coindeskmarkets.com.-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. This episode used Wondercraft Voice AI.

Discussion on Bitcoin's recent price plunge and trader losses, updates and analysis on cryptocurrency topics including Kraken Pro, Space X's Bitcoin holdings, Ripple's violation of security laws, potential approval of Ether future ETFs, vote on sale of Celsius's assets, and a thank you message for listeners.