US GDP Shrinks for a Second Time, Falling 0.9% in Q2. Is the US in a Recession? What it Means for Crypto

The second quarter Gross Domestic Product (GDP) is out: the United States economy contracted again for the second time, falling 0.9%. This comes after it decreased a 1.6% annual rate in the first quarter of 2022. Joining "First Mover" to discuss the latest economic data and crypto markets is Jason Lau, chief operating officer of OKCoin. Plus, author Matthew Ball on how the metaverse will revolutionize everything. And Georgetown University Law Professor Adam Levitin discusses his concerns that ether (ETH) may become a security.


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"First Mover," CoinDesk TV's flagship show, gives investors the top global market, business and regulatory news stories impacting digital assets. Hosted by CoinDesk's Christine Lee, Lawrence Lewitinn and Emily Parker, "First Mover" features daily dispatches from CoinDesk reporters and partners around the world and high-profile guests including top newsmakers, influencers, analysts, traders and trend watchers at crypto exchanges.