logo
episode-header-image
May 2024
13m 11s

MARKETS DAILY: Crypto Update | Is Crypto...

COINDESK
About this episode

The latest price moves and insights with Jenn Sanasie and Pioneer Development Group Chief Analytics Officer Christopher Alexander.


To get the show every day, follow the podcast here.

Today on "Markets Daily," Jenn Sanasie speaks with Christopher Alexander, Chief Analytics Officer at Pioneer Development Group,  about the potential for Bitcoin miners to utilize off-grid energy and the implications for the market. They also discuss the role of crypto in the upcoming US elections and the influence of Roaring Kitty on GameStop and Dogecoin. 

Takeaways | 

  • Consumer price data suggests easing inflation, potentially affecting rate cuts.
  • Bitcoin miners explore off-grid energy for cost savings and higher profits.
  • Crypto gains prominence in US elections, with both parties addressing its economic impact.
  • Roaring Kitty's impact on GameStop and Dogecoin is closely monitored, sparking speculation on market trends.


Chapters | 

00:00 Introduction and Market Update

01:31 Guest Introduction and Discussion on Crypto Markets

06:00 Crypto in the US Elections

09:47 Roaring Kitty's Influence on GameStop and Dogecoin

12:41 Conclusion and Lighthearted Moment


LINKS | 

CoinDesk 20 

PIONEER - DEVELOPMENT GROUP 


-

Consensus 2024 is where experts convene to discuss ideas shaping our digital future. Join developers, investors, founders, brands, policymakers, and more in Austin, Texas from May 29-31. CoinDesk curates the tenth annual Consensus to feature the industry’s most sought-after speakers, unparalleled networking opportunities, and unforgettable experiences. Take 15% off registration with the code MD15. 

Register now at consensus.coindesk.com.


This episode was hosted by Jenn Sanasie. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez—all original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Up next
Today
Emirates to Accept Crypto Payments | COINDESK DAILY
Host Jennifer Sanasie breaks down the latest news in the crypto industry as Emirates has signed a preliminary deal with Crypto.com to allow customers to pay in crypto.Airline giant Emirates has signed a preliminary deal with Crypto.com, allowing its customers to make payments thr ... Show More
2m 30s
Today
CoinDesk Conversations: From Earth to Space, Reebok's Joe Foster and Ben Weiss Redefine Sneakers
The video discusses the launch of the first AI-designed custom slide shoe by Syntilay, which has garnered significant media attention. CoinDesk interviews Joe Foster, co-founder of Reebok, and Ben Weiss from Syntilay about this innovative product that uses AI to custom-make shoes ... Show More
12m 38s
Today
BITCOIN SEASON 2: Why tokens don't work (except for Bitcoin)
Gwart discusses the death of the fat protocol thesis, why DAOs became dysfunctional, and crypto's shift from public goods delusion to revenue-focused businesses. Plus thoughts on Bitcoin maximalism and Solana's pragmatic approach.You're listening to Bitcoin Season 2. Subscribe to ... Show More
59m 13s
Recommended Episodes
Mar 2024
Crypto Update | Upcoming Halving Will Be 'Most Symbolic' One Bitcoin Will Ever Have: Kraken Head of Strategy
The latest price moves and insights with Jennifer Sanasie and Kraken Head of Strategy Thomas Perfumo.To get the show every day, follow the podcast here.On "Markets Daily," Kraken Head of Strategy Thomas Perfumo joins CoinDesk with insights on recent movements in the crypto market ... Show More
11m 19s
Dec 2021
Crypto Update 12/16/21 | Anonymous Crypto Donors Are Changing Philanthropy
With crypto traders on the edge of their seats as the Federal Reserve meets, Market's Daily is back with another crypto news roundup.This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today's Stories:Bitcoin Holds Steady as BOE Hikes Interest Rate, ECB to ... Show More
9m 54s
Jun 2022
Crypto Update 6/8/22 | Key US Senators Introduce Crypto Bill Outlining Sweeping Plan for Future Rules
With bitcoin recapturing $30K and a look at a crypto bill from key U.S. senators, CoinDesk’s "Markets Daily" is back with the latest news roundup.This episode is sponsored by Kava and BCB Group.Today's Stories:24 Hour Stock Market and Forex Data - After-Hours Trading - CNNMoney.c ... Show More
13m 38s
Apr 2024
Crypto Update | Why Crypto Investors Should Watch for US Treasury's Refunding Announcement
The latest price moves and insights with Jennifer Sanasie and Fundstrat Global Advisors head of digital asset strategy Sean Farrell.To get the show every day, follow the podcast here.On "Markets Daily," Sean Farrell, head of digital asset strategy at Fundstrat Global Advisors, br ... Show More
17m 51s
Jul 2021
Crypto Update 7/27/21| Are Crypto Developers Running Out of Ideas?
With the crypto markets stabilizing after a recent short squeeze and a look at how crypto developers are spending more time optimizing than innovating, CoinDesk’s Markets Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode i ... Show More
12m 30s
May 2022
Crypto Update 5/3/22 | How Crypto Could Spearhead Retail Payments in 2022
With bitcoin showing signs of fear of a deeper price drop, plus a look at why crypto could become a force in retail payments, CoinDesk’s Markets Daily is back with the latest news roundup.This episode is sponsored by Kava and BCB Group.Today's Stories:Treasury Yields Briefly Top ... Show More
13m 32s
Jun 2022
Crypto Update 6/7/22 | Are Exchange Layoffs the First Sign of Crypto Winter, or Is It Already Over?
With bitcoin and the broader crypto market tumbling after what seemed to be a fresh burst of momentum, plus a look at what a bear market may mean for crypto jobs, CoinDesk’s "Markets Daily" is back with the latest news roundup. This episode is sponsored by Kava and BCB Group.Toda ... Show More
13m 25s
Aug 2022
Crypto Update | The BlackRock Trust: Crypto Legitimacy or the Beginning of the End for Bitcoin?
With bitcoin tracking moves in U.S. equities, briefly dropping to levels below $21K Monday morning, plus a look at BlackRock’s impact on crypto, CoinDesk’s “Markets Daily” is back with the latest news roundup.This episode is sponsored by Algorand.Today's Stories...Read the full s ... Show More
17m 35s
Feb 2023
Crypto Update | Why Ex-SEC Official John Reed Stark Is Wrong About Crypto
With bitcoin dropping below $23K this weekend and flattening on Sunday ahead of the next utterance from Federal Reserve Chairman Jerome Powell, plus a look at the potential of public blockchains, CoinDesk’s “Markets Daily” is back with the latest news roundup.Today's Stories...Re ... Show More
14m 33s
May 2022
Crypto Update 5/4/22 | Wall Street’s Latest ‘Market Manipulation’ Scandal Should Be a Wake-Up Call for Crypto
With bitcoin holding trend line support ahead of the Fed meeting, plus a look at the lessons a recent, alleged fraud on Wall Street can teach to crypto traders, CoinDesk’s Markets Daily is back with the latest news roundup.This episode is sponsored by Kava and BCB Group.Today's S ... Show More
20m 33s