Crypto Update | What's Behind the Weekend's Price Correction

Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores sharp weekend correction in crypto markets, consumer expectations, NFTs and more. Today's episode is sponsored by CME Group. To get the show every day, follow the podcast here. Today’s Stories: Bitcoin's 4% Drop Cools Overheated Funding Rates, Data Show  Pudgy Penguins to Launch Webkinz-like Virtual World in 2024  It’s All a Game | Messari  NFT Dashboard / CryptoSlam!  NFT Price Floor  - From our sponsors: CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more. Disclaimer: This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. - This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.