Crypto Update | How DeFi Can Deliver Value for Artists and Musicians

With bitcoin and ether losing their momentum, plus a look at what happens when music meets DeFi, CoinDesk’s “Markets Daily” is back with the latest news roundup. This episode is sponsored by Algorand. Today's Stories: Bitcoin Loses Bullish Trendline as Fed Sees Restrictive Rates Needed for Some Time First Mover Asia: Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again   Stocks muted after Fed minutes point to prolonged inflation fight | Financial Times DAX PERFORMANCE-INDEX (^GDAXI) Charts, Data & News - Yahoo Finance Tether Swaps Accounting Firms, Says It Will Publish Monthly Attestation on Stablecoin Backing Token Front-Running Was Common at Coinbase Crypto Exchange, a New Study Argues Bankrupt Crypto Lender Celsius Gets Cash-Injection Offers, Approval to Sell Mined Bitcoin Featured Story: How DeFi Can Deliver Value for Artists and Musicians - Algorand is shaping the future with the world’s greenest blockchain technology. Algorand delivers security, scalability, and speed without sacrifice – inspiring you and billions of other users to reach a sustainable standard of peak blockchain performance. Learn more at algorand.foundation.  - CoinDesk’s new event, the Investing in Digital Assets and Enterprises Summit, or IDEAS, facilitates capital flow and market growth by connecting the digital economy with traditional finance. Join us for a 360° investment experience where you can source, invest and secure the next big deal in digital assets in one place. Use code MARKETS20 for 20% off a General Pass. Register today at coindesk.com/ideas . - This episode was edited & produced by Adrian Blust with original music by Doc Blust & Colin Mealey.