With BTC briefly breaching $50K as the industry’s market cap passes $1.5T, 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:

First Mover: Bitcoin Tops $50K and Crypto’s Nouveau Riche Move In

Break of psychological threshold pushes largest cryptocurrency’s year-to-date return to 70%, as a new breed of upstart tokens pushes industry market cap past $1.5T.

SEC Signals a More Aggressive Stance Toward Wall Street (WSJ)