Crypto Update 5/19/22 | The Human Cost of Lunatic Hubris

With bitcoin steadying below $30,000, and a look at the human costs of speculation, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava and BCB Group.

Today's Stories:

Solana, Cardano Tokens Slide Over 9% as Cryptos See Weakness Amid Poor US Consumer Data 

Stock Futures Drop After Selloff, Global Stocks Slide - WSJ

24 Hour Stock Market and Forex Data - After-Hours Trading - CNNMoney.com 

Featured Story: The Human Cost of Lunatic Hubris

This episode was edited & produced by Adrian Blust with original music by Adrian Blust & Colin Mealey

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Kava lets you mint stablecoins, lend, borrow, earn and swap safely across the world’s biggest crypto assets. Connect to the world's largest cryptocurrencies, ecosystems and financial applications on DeFi’s most trusted, scalable and secure earning platform with kava.io.

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BCB Group is the leading business banking partner for the digital assets industry. We provide the rails to move money and a gateway for crypto to FX markets at scale. Our mission is to connect and bank the global crypto industry. Find out more by visiting bcbgroup.com/coindesk.

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MarketsDaily15 to get 15% off your pass at www.coindesk.com/consensus2022.