Wall Street

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Weekend Story: There's Less Money in Crypto, and That's a Good Thing
On today’s show we’re taking a look at the upside of all the downsides of 2022, courtesy of CoinDesk’s chief insights columnist, David Z. Morris.
Markets Daily Podcast Cover

Binance's Bitcoin Reserves Are Overcollateralized: Report; Genesis Developments
Binance's Bitcoin Reserves Are Overcollateralized: Report; Genesis Developments
Binance released a new report from global financial audit, tax and advisory firm Mazars showing that its customer bitcoin (BTC) reserves are overcollateralized. However, the a...
Binance's Bitcoin Reserves Are Overcollateralized: Report; Genesis Developments

(Malte Mueller/Getty Images, modified by CoinDesk)
The White-Collar Recession
PepsiCo becomes the latest company to lay off executives as Wall Street braces for a rough 2023.
(Malte Mueller/Getty Images, modified by CoinDesk)

(Getty Images)
Wall Street Banks Seen as Unlikely Saviors as Crypto Firms Struggle
Blockchain true believers say the nascent industry represents an existential threat to traditional finance. But now's probably not the time for Wall Street to gobble up ailing...
(Getty Images)

FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)
Jefferies CEO Expressed Doubts About Sam Bankman-Fried in July
Rich Handler, a restructuring expert, said SBF was "over his head" in trying to rescue crypto outfits.
FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

(Sophie Backes/Unsplash)
Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal
Concerns around FTX's health along with the broader crypto ecosystem spilled into the stock market Wednesday.
(Sophie Backes/Unsplash)

(Piggybank/Unsplash)
Crypto Exchange Coinbase Draws Mixed Reaction on Wall Street After Weak Q3
Trading volume was down, but the company is trying to diversify its revenue.
(Piggybank/Unsplash)

Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes
Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes
A Goldman Sachs strategist wrote a peak in the U.S. dollar "feels several quarters away," which could be bad news for bitcoin (BTC). Bitcoin miners Core Scientific (CORZ) and...
Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes

(Tim Evans/Unsplash)
BNY Mellon Says Client Demand for Crypto Led to Custody Offering
Executives from the world's largest custodial bank spoke on the company’s earnings call Monday morning.
(Tim Evans/Unsplash)