With reactions to BTC’s rise and reported miner problems in China, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.com and Nexo.io.

Today's stories:

Deutsche Bank Says Investors Increasingly Prefer Bitcoin Over Gold as Inflation Hedge

Comments by a Deutsche Bank analyst, as quoted by ZeroHedge, are another sign of bitcoin’s increasing acceptance in the mainstream of finance.

Bitcoin’s Rally Could Be Caused by a Supply Crunch in China

Many Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges.

30 Japan Firms to Collaborate on Private Digital Yen: Reuters

A group of Japanese companies plans to develop and test a private digital currency that would work alongside cash.

‘Not My Cup of Tea’: Jamie Dimon Is Still Not a Bitcoin Fan

The JPMorgan Chase CEO said it’s only a matter of time before the government moves to regulate bitcoin.