With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.
This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co.
UPDATE: Bitcoin broke through $39,000 as this episode was released
Add Markets Daily to your Alexa Flash Briefing here
Today's stories:
Bitcoin Tops $38K for First Time, Bringing Year-to-Date Gain to Over 30%
The leading cryptocurrency hit a new-all time high of $38,286.65, before settling down to $36,004.99, up 5.93% over the last 24 hours.
Total Cryptocurrency Market Value Hits Record $1 Trillion
During 2017's bull run, the market peaked at a $760 billion total value.
Stellar's XLM Token Rallies to 2-Year High on XRP Woes, OCC Ruling, Ukraine
The token is at the highest level since November 2018 in what one observer called a "perfect storm."
South Korea's 20% Crypto Tax Now Coming in 2023: Report
The cryptocurrency tax was originally planned to be implemented in late 2021.
