COINDESK DAILY: Candano’s ADA Skyrockets on Grayscale ETF Application

Host Christine Lee breaks down the latest news in the crypto industry as Cardano's ADA token surges after Grayscale's application for the first-ever spot ADA ETF. Cardano's ADA token surges after Grayscale Investments applied for the first-ever spot ADA ETF in the U.S. Plus, Fed Chair Jerome Powell gives his semi-annual update on monetary policy on Capitol Hill, and the U.S. SEC asks to pause their case against Binance, a sign of Trump’s ‘golden age’ for crypto. CoinDesk’s Christine Lee hosts “CoinDesk Daily.” - From our sponsor:  In Chinese, belief means trust. For 10 years, Consensus has united those who believe in building a new internet where everyone has value. Join us at Consensus Hong Kong February 18 - 20, 2025 where belief becomes real. Connect with global leaders, innovators, and investors shaping the future of Web3, and experience the power of collaboration at the industry's most influential event. Register now: https://go.coindesk.com/3BeigBq - This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.