episode-header-image

May 2022

19m 35s

A crypto vibe shift?

Financial Times

About this episode

Behind the Money is back! Our first episode is part 1 of 2 in a miniseries on crypto. First up, we're wondering: is a crypto vibe shift underway? Bitcoin’s price has been dropping for weeks and earlier this month, a popular stablecoin collapsed. FT reporter Ethan Wu explains how the effects of that rippled into other areas of the crypto universe. Michela and Ethan will talk about what stablecoins are and why they matter — even for people who aren’t crypto investors.

For further reading:

Crypto scares everyone

The week that shook crypto

Investors pull $7bn from Tether as stablecoin jitters intensify

Follow Ethan Wu on Twitter @EthanYWu

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Up next

Coming soon from Tech Tonic: Defying death

<p>Investors are spending billions of dollars on novel ways to extend human life through inventive treatments, therapies, and even manipulating our genes. And increasingly, it seems as though anti-ageing efforts have moved from the super rich to a mass market consumer industry. I ... Show More

What’s the deal with OpenAI's deals?

<p>OpenAI is entering a new era. It's restructured to add a for-profit arm to its business and has signed more than a trillion dollars’ worth of deals to secure chips and build out data centres. But those huge financial commitments also raise massive questions: How will a heavily ... Show More

Pfizer and Novo Nordisk’s $10bn battle over weight-loss drugs

Pharma juggernauts Pfizer and Novo Nordisk are struggling in the obesity drug race.The two companies are searching for their next moneymaker, and that search recently spun out into a ferocious, multibillion-dollar battle for control of biotech start-up Metsera. The FT’s US deals ... Show More

Recommended Episodes

Behind the Money: A crypto vibe shift?

Introducing Behind the Money. This is part 1 of 2 in a mini-series on crypto. Part 2 is available now here: https://link.chtbl.com/BTMMCFirst up, we're wondering: is a crypto vibe shift underway? Bitcoin’s price has been dropping for weeks and earlier this month, a popular stable ... Show More

Crypto Update 1/11/22 | How to Stay Sane During a Crypto Crash

With crypto markets showing signs of a slight rebound and a look at how to stay sane during a crypto crash, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava. Today's Stories: Bitcoin’s Near 40% Slide Weighs on Crypto Stocks Whil ... Show More

Crypto Update 3/22/22 | Why Is the IMF So Afraid of Cryptocurrency?

With cryptocurrencies ignoring a hawkish tone from Federal Reserve Chair Jerome Powell and a look at why the IMF is afraid of crypto, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava, Arculus and PathDAO. Today's Stories: Ether To ... Show More

Crypto Update | SEC’s Gensler Reiterates Bitcoin Alone Is a Commodity. Is He Right?

With bitcoin suffering its worst monthly returns yet, and a more nuanced look at how the SEC views crypto, CoinDesk’s “Markets Daily” is back with the latest news roundup. This episode is sponsored by Kava and BCB Group. Today's Stories: Bitcoin Drops to Nearly $19K as Fed Rene ... Show More

Crypto Update 1/21/22 | In the Metaverse, Gameplay Is What Matters

With bitcoin breaking under $38,000, dragging down the crypto market with it, and a look at what really will matter for the metaverse, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava. Today's Stories: ... Read the full show notes ... Show More

Crypto Update 1/6/22 | Should Western Union Worry About Stablecoins?

With crypto markets dipping after news that the Fed will begin tapering or winding back its asset-buying program, and a look at the future of stablecoins, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava. Today's Stories: Polkadot ... Show More

Crypto Update 1/19/22 | Shark Tank Investor Kevin O'Leary's Investing Playbook

With crypto markets stabilizing after a recent slump and a look at Mr. Wonderful’s rules for crypto diversification, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava. Today's Stories: ... Read the full show notes here. This episo ... Show More

Behind the Money: Tether’s path to the spotlight

<p>Behind the Money, our in-depth business podcast, has just relaunched! We wanted to share one of our most recent episodes. Follow the show on <a href="https://podcasts.apple.com/gb/podcast/behind-the-money/id1376303362" rel="noopener noreferrer" target="_blank">Apple Podca ... Show More

Crypto Update 1/28/22 | Simpin' Ain't Easy: The Business Sense Behind IreneDAO

With bitcoin breaking below crucial support and a look at how influencers are using crypto to engage more actively with their fans, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava. Today's Stories: Bitcoin Worth $670M Leaves Cen ... Show More

Listen to millions of songs and podcasts on Anghami