Crypto Update | Relief in Bitcoin Pressure, Stablecoin Concerns, and South Korea's Offshore Holdings

Noelle Acheson, author of the Crypto Is Macro Now newsletter, investigates the easing in potential Bitcoin selling pressure, renewed concerns surrounding the crypto world's largest stablecoin, and the intriguing South Korean offshore crypto holdings. Today's episode is sponsored by Kraken Pro. Today’s Stories: Mt. Gox Pushes Repayment Deadline by a Year Tether Is Lending Its Stablecoins Again - WSJ South Koreans Hold $99B of Digital Assets Overseas: Tax Service CRYPTO IS MACRO NOW NEWSLETTER  - 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 Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Michele Musso. All original music by Doc Blust and Colin Mealey.