Crypto Update | In Defense of Crypto Speculation
With bitcoin dropping below the critical level of $20K as MicroStrategy's Michael Saylor gets sued by the District of Columbia for tax fraud, plus a look at why speculation can be healthy for crypto, CoinDesk’s “Markets Daily” is back with its latest news roundup.
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Show Notes
With bitcoin dropping below the critical level of $20K as MicroStrategy's Michael Saylor gets sued by the District of Columbia for tax fraud, plus a look at why speculation can be healthy for crypto, CoinDesk’s “Markets Daily” is back with its latest news roundup.
Today's Stories:
Stock Futures Edge Down Ahead of Jobs, Manufacturing Data
Sterling posts worst monthly fall since wake of 2016 Brexit referendum | Financial Times
BofA: Crypto Buying Momentum Fades as Investors Weigh Bear-Market Bounce, Recession Risk
District of Columbia Suing MicroStrategy Founder Michael Saylor for Tax Fraud
Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
Featured Story: In Defense of Crypto Speculation
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This episode was edited & produced by Adrian Blust with original music by Doc Blust & Colin Mealey.