With the Fed's historic string of increases to the core interest rate, up 1900% in just one year, as well as its reverberations throughout global markets, many potential catastrophes have been prevented only through bailouts or other interventions. And as part of the debt ceiling agreement, the painful game of student loan repayment may soon be over for those with student loans. Today's Stories:  The Great Student Loan Nonpayment Boondoggle Is Over And Household Spending Is About To Collapse UK Enters Worst Period Of Strikes Since Thatcher As Gov't Calls For Price Controls Stablecoin Iss ..read more

The top trading tokens rose today in Markets after Congress reached a deal to raise the debt ceiling. Today's Stories:  First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal ECB Finalizes Digital Euro Prototypes as Development Decision Looms India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say Market Watch Links:  BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch  First Mover Americas: Bitcoin on Track for First Monthly Loss of the Year Bitcoin Headed ..read more

It's no surprise that cryptocurrency issues are becoming politically polarized in familiar ways, according to CoinDesk's story recently about a Bitcoin mining facility in Upstate New York. A Featured Story: Is an opinion piece by Daniel Kuhn CoinDesk’s Deputy Managing Editor for Consensus Magazine, titled: DeSantis and the Growing Culture War Around Bitcoin. On today's show, we are taking a look at the growing gap between reality and political narrative as over time, that narrative has gotten a little more complicated. This episode was hosted by Adam B. Levine, edited by Ryan Huntington, an ..read more

A number of companies, including Strike, Coinbase, and others, have indicated that they may leave the United States due to regulatory pressure. It is possible, however, that those threats are empty. A Featured Story: Is an opinion piece by David Z. Morris, CoinDesk’s Chief Inside Columnist, titled: Cathie Wood Thinks the U.S. Crypto Exodus Is Here. Is It? On today's show, we are going to take a look at the American crypto ‘walk away’ movement and if there are still advantages for crypto companies under the American legal and equity systems, regardless of the regulatory crackdown. - This episo ..read more

While the crypto markets are slightly up today, traditional markets are mixed and the GM of Binance Japan Says Stablecoins Are the ‘Glue’ Between the Real Economy and the Blockchain. Today's Stories:  Stablecoins Are the 'Glue' Between the Real Economy and Blockchain: Binance Japan General Manager Brazil's Central Bank Selects 14 Participants for CBDC Pilot Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’ F1 Ticket Provider Platinum Group Introduces NFT Tickets for Global Racing Event Market Watch Li ..read more

Risk assets are down across the board, which raises concerns about Bitcoin's price. A lawsuit pertaining to smart contracts, open-source software, and token holders has been filed in response to federal sanctions on the Tornado Cash protocol.   Today's Stories:  Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital Black Market for Worldcoin Credentials Pops Up in China Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake Do Kwon's Detention in Montenegro ..read more

A Featured Story Is an opinion piece by Angelo Calvello, Ph.D., co-founder of Rosetta Analytics, an investment manager that uses deep reinforcement learning to build and manage investment strategies for institutions. This featured story is titled: Consensus Survey–TradFi Investors Remain Bullish on Crypto’s Long-Term Prospects. On today's show, we discuss a CoinDesk conducted survey from Consensus 2023, that finds that despite the market turmoil of the last six months, investment managers say they largely plan to keep putting capital into digital assets. With “60% of institutional investors ..read more

Featured Story:   Is an opinion piece by John Rizzo a senior vice president for public affairs at Clyde Group, titled: Elizabeth Warren’s Bill Won’t Stop Money Laundering, but It Could Ban Crypto On today's show, we discuss the Digital Asset Anti-Money Laundering Act, which is being pushed by Senator Elizabeth Warren (D-MA) and Senator Roger Marshall (R-KS), and aims to close loopholes that criminals may exploit to launder money through crypto assets. However, it appears that this legislation may actually further a strategy to ban crypto.  This episode was edited by Ryan Huntin ..read more

You can see resemblances between Do Kwon's Bitcoin purchases during Terra/Luna's peaks.  Featured Story:   An Opinion piece by Coindesk Deputy Managing Editor of Features & Opinion, Daniel Kuhn, titled Should We Worry About Tether’s Bitcoin-Buying Plan? On today's show, we focus on the fact that Tether holds the largest stablecoin, USDT, which could be viewed as an attempt to de-risk its U.S. dollar exposure. This episode was edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey. See Privacy Policy a ..read more

Bitcoin drifts around 27k awaiting Jerome Powell's expected speech later today and what are markets saying about crypto’s path to a sustainable recovery;  CoinDesk’s “Markets Daily” is back with the latest news roundup. Today's Stories:  BlockFi Creditors Say Crypto Lender Was a Victim of Bad Management DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says Lightning Labs Releases 'Better' Version of Token Minting on Bitcoin After BRC-20s Clog System Market Watch Links:  BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch  Bitcoin in S ..read more