cdtv
Elon Musk Plans for the 'America Party;' Drake Raps About Bitcoin
Tesla CEO Elon Musk plans to form a pro-tech centrist party called the ‘America Party’ after splitting from President Trump and Canadian rapper Drake drops a new song that mentions bitcoin. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
Will Sovereign Investment Be the Game Changing Catalyst for Bitcoin?
Amberdata Director of Derivatives Greg Magadini joins CoinDesk's Jennifer Sanasie and Andy Baehr for a conversation on bitcoin's low volatility and increasing maturity. Plus, how it now takes "more money to move around bitcoin" at its current $2 trillion market cap. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
U.S. Adds Stronger-Than-Expected 147K Jobs, Will Fed Cut Rates?
The U.S. economy added 147,000 jobs in June with the unemployment rate falling to 4.1%. Do the strong numbers indicate that the Fed might keep rates steady? Plus, leaders at the SEC are reviewing the agency's recent approval of a Grayscale application to turn the Digital Large Cap Fund into an ETF. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
BlackRock’s Bitcoin ETF Bringing More Revenue Than Its Iconic S&P 500 Fund
BlackRock’s iShares Bitcoin Trust is now generating an estimated $187.2 million, surpassing the revenue of one of the asset manager’s most iconic products, the iShares Core S&P 500 ETF, according to data tracked by Bloomberg. How did the IBIT become the moneymaker for the asset manager with just $52 billion in AUM? CoinDesk’s Jennifer Sanasie breaks it down on “Chart of the Day,” presented by crypto.com.
U.S. M2 Money Supply Hits Record High: What Does This Mean for BTC?
The U.S. M2 money supply reached a record $21.94 trillion in May, surpassing its previous high from March 2022. Money supply growth can lead to inflation if it outpaces the economy. Will the ongoing uptick in the M2 growth rate contribute to inflation in the coming months? CoinDesk’s Jennifer Sanasie breaks it down on “Chart of the Day,” presented by crypto.com.
Companies Pile Into Bitcoin as Grayscale Nabs ETF Green light
Publicly traded companies continue to explore bitcoin treasuries and they have been buying more BTC than ETF products for the third straight quarter according to a CNBC report. Plus, SEC green-lights Grayscale's new ETF products and Coinbase's new acquisition. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
Trump/Musk Feud Continues Over Elon's Subsidies
The feud between Donald Trump and Elon Musk continues with the President said in a social media post that the federal government should look into cutting subsidies for Elon's companies. This comes as Musk has been critical of Trump’s tax and spending bill making its way through Congress. How will the Tesla stocks react to the renewed dispute? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
Apple Considers OpenAI or Anthropic for Siri's AI Development
Apple is exploring the options of creating a new version of Siri with artificial intelligence technology from Anthropic or OpenAI, instead of the company’s in-house models. What does the potential outsourcing say about the iPhone maker's position in the AI race? CoinDesk’s Jennifer Sanasie breaks it down on “Chart of the Day,” presented by crypto.com.
Bitcoin-Gold Ratio Signals Bullish Flag Pattern
Data tracked by TradingView shows that the BTC to gold ratio increased by over 10% to 33.33 last week, registering its best performance in two months. What does bitcoin's outperformance compared to gold indicate? CoinDesk’s Jennifer Sanasie breaks it down on “Chart of the Day,” presented by crypto.com.
Why Trump Would 'Love' Fed Chair Powell to Quit; Strategy Bags Another 4,980 BTC
Bitcoin is trading near the $107,500 level as Donald Trump reiterated his desire for interest rates to be cut to 1%. Additionally, the President said he would 'love' it if Fed Chair Powell were to resign. Plus, Michael Saylor's Strategy bought 4,980 BTC last week and Spanish arrested 5 members from a suspected $540 million crypto fraud operation. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
