Crypto Update 6/2/22 | Why You Should Consider Pooling Support Behind DeFi’s PoolTogether

With bitcoin failing to hold above $30K plus a look at a lawsuit against those behind the PoolTogether app, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava and BCB Group. Today's Stories: First Mover Asia: Bitcoin Sinks Below $30K Amid Renewed Risk Fears Executives 'buy the dip' at rate not seen since start of pandemic | Financial Times  Oil Prices Fall Ahead of OPEC+ Meeting - WSJ Featured Story: Why You Should Consider Pooling Support Behind DeFi’s PoolTogether This episode was edited & produced by Adrian Blust with original music by Doc Blust & Colin Mealey - 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. - 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. - 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.