Crypto Update | Ethereum Needs Competition
With bitcoin, ether and other major cryptocurrencies swinging upward despite concerns about the fallout from FTX's collapse and uncertainty about the economy, plus a look at why crypto needs competition, CoinDesk’s “Markets Daily” is back with its latest news roundup.
ABOUT
Today's Stories:
First Mover Asia: Bitcoin Climbs Toward $17K Despite Investor Unease
Shanghai Composite Index Overview - SHCOMP
Sam Bankman-Fried Addresses Withdrawals, FTX Collapse in Newly Released Audio Interview
Coinbase Wallet to End Support for Bitcoin Cash, Ethereum Classic, Ripple's XRP and Stellar's XLM
Brazilian Chamber of Deputies Approves Bill Regulating Crypto Transactions
Genesis Creditors Hire Lawyers to Find Ways to Prevent Crypto Brokerage's Bankruptcy
Featured Story: Ethereum Needs Competition
This episode was edited & produced by Adrian Blust, with original music by Doc Blust and Colin Mealey.
HOSTS
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 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.

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