Crypto Update | Crypto Traders Short Volatility; PayPal Announces U.S. Dollar Pegged Stablecoin

Traders are choosing to short bitcoin volatility as crypto markets sleepily await news on the spot bitcoin ETF applications. Today's episode is sponsored by Kraken Pro. Today's Stories: PayPal to Issue Dollar Pegged Crypto Stablecoin: Bloomberg Worldcoin's Nairobi Warehouse Raided by Kenyan Police: Local Reports Curve Recoups 73% of Hacked Funds, Bolstering CRV Sentiment Markets Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch  Crypto Options Traders Are Still Shorting Bitcoin Volatility - 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.