With BTC breaking below $50K and a look at Wyoming’s newly passed DAO law, CoinDesk’s Market Daily is back with the latest news roundup.

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This episode is sponsored by bybit.com and unfederalreserve.

Today's stories:

Global Economy Sees Pickup as Services Revive and Factories Boom

SpaceX Launches Crewed Rocket Into Space in Latest NASA Mission

Bitcoin Price Decline Deepens, Heads for Worst Week Since February

Jackson, Tennessee, in ‘Prime Position’ to Be a Bitcoin Leader, Says Mayor

Newly Public Coinbase Lists Tether’s Controversial USDT for Pro Traders 

Schwab Waiting for Regulatory Clarity Before Deciding on Crypto Services: Report

Turkish Police Detain 62 People in Thodex Probe, State News Agency Says: Report

Bitcoin’s Drop From Biden’s Proposed Tax Hikes Not Likely to Last, BCB CEO Says

Bitcoin’s QUOTE ‘Kimchi Premium’ Evaporates as Crackdown, Price Sell-Off Cool Retail Fervor

State Lawmaker Explains Wyoming’s Newly Passed DAO LLC Law