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With BTC rising and a look at what could happen in a post-COVID economy, CoinDesk’s Market Daily is back with the latest news roundup.
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This episode is sponsored by Nexo.io.
Today’s stories:
Federal Reserve Soup Now Includes Bitcoin, DeFi, Silver, GameStop
Market news from crypto to Wall Street is all over the place.
“It’s pretty obvious that the WSB traders are applying the same principles of the digital/CryptoAsset world to the stock market and they are loving the fact that the old schoolers are hating it,” billionaire Mark Cuban writes in blog post. (CoinDesk)
Coinbase has reportedly tapped Nasdaq for its planned direct listing, according to The Block.
Winklevosses’ Gemini crypto exchange inks partnership with crypto lender Genesis to give customers option to earn up to 7.4% annual interest on holding, CoinDesk
OKEx announces plans to integrate Lightning Network in Q1. (OKEx via Twitter)
Robinhood has raised $3.4 billion from investors over the past several days, (CoinDesk)
Robinhood CEO Vlad Tenev is expected to testify before the U.S. House of Representatives’ financial-services committee on Feb. 18, (CoinDesk)
Even before the coronavirus pandemic hit, global debt was at a far higher level than before the financial crisis of 2008, according to the International Monetary Fund. The figure reached $197 trillion at the end of 2019, for a debt-to-GDP ratio of 226%, according to an IMF blog post on Monday.
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