Crypto Update | Bitcoin Continues to Trade Below $30K

The bearish price action comes ahead of the Federal Reserve’s expected interest rate hike on Wednesday afternoon. Today's episode is sponsored by Kraken Pro. Today's Stories: Binance Says It Intends to File Motion to Dismiss CFTC Complaint Judge in FTX Case Mulls Gag Order on Contact with Media Crypto Miners Are Pivoting to AI (Like Everyone Else) Ghost From the Well: Is Crypto Mining With Associated Gas Better for the Environment? The Single Most Important Truth About Bitcoin Mining, Energy and the Environment Markets Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch  First Mover Americas: Bitcoin at $29K Continues to Trade Near One-Month Low Fed Preview: Crypto Observers See Powell Keeping Door Open for Rate Hikes Beyond July - From our sponsors: Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto. It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface. Head to pro.kraken.com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax. - This episode was hosted by George Kaloudis. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.