With BTC back above $58K and a look at how buying a Tesla with bitcoin might leave a sour taste, CoinDesk’s Market Daily is back with the latest news roundup.

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This episode is sponsored by Nexo.io, Casper and The Sun Exchange.

Today's stories:

Stock Futures Tick Down as Banks Warn of Losses (WSJ)

Visa Uses Anchorage to Settle USDC Transaction on Ethereum in a Further Crypto Push

Cosmos Investors Vote to Approve Inter-Blockchain Communication

SPACs Are the Stock Market’s Hottest Trend (WSJ)

Miami Mayor Wants City to Become Bitcoin Mining Hub

Skit Uses Kate McKinnon as Janet Yellen and Slim Shady to Explain NFTs

JP Koning: You’re a Lemon If You Buy a Tesla With Bitcoin