Crypto News Roundup for Aug. 29, 2022

With bitcoin recovering to $20K after a turbulent weekend, and a look at whether or not the Merge is priced into ether, CoinDesk’s “Markets Daily” is back with the latest news roundup.

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

This episode is sponsored by Algorand.

Today's Stories:

First Mover Asia: Bitcoin Falls to $19.6K as Investors Continue to Mull Fed Chair's Comments

Global equities drop as Jay Powell’s comments drag markets lower | Financial Times

Stock Futures Fall After Powell’s Hawkish Remarks

Analysis: Pain of breaking inflation will reverberate around the globe | Reuters

Goldman slashes British growth forecast, predicts Q4 recession | Reuters

Singapore's Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation

Ethereum Could Get Kicked Off Cloud Host That Powers 10% of Crypto Network

The Merge May Negatively Impact DeFi Protocols, Stablecoins: Report

Web3 Domain Name Service Could Lose Its Web Address Because Programmer Who Can Renew It Sits in Jail

Featured Story: Is Ethereum's Merge Priced-In?

This episode was edited & produced by Adrian Blust, with original music by Doc Blust and Colin Mealey.

HOSTS

Adrian Blust

Associate Producer for CoinDesk, Adrian 'Doc' Blust, is an experienced Composer, Musician/DJ, fintech nerd, and Educator, with practice both in the field and in the studio. He currently is dedicated to the editing & production of the Markets Daily Crypto News Roundups with Adam B. Levine, focused on quick news feeds to help people get up to speed with the fast pace of crypto every morning. He also offers support in the production of other shows on CoinDesk’s diverse Podcast Network.

He holds BTC, ETH, and ADA above CoinDesk's disclosure threshold of $1,000.

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.