Analysis

With the price of BTC down by more than $8K and an opportunity to trade your crypto for a New York City bar (or two), CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

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This episode is sponsored by Nexo.io and this week’s special product launch: Stacks.co.

Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend.

An ETF could draw institutional money from the Grayscale Bitcoin Trust, a support for the price of the cryptocurrency, the report said.

The latest OCC statement, which opens the door for banks to use blockchains to validate payments, hints at more than just better services.

The bar owner says he’s hoping “to catch one of these crypto dudes who always wanted to own a bar.”

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