MARKETS DAILY: Crypto Update | Stablecoin Issuer Tether Makes a Lot of Money in Spite of Weak Crypto Market

Plus, FTX plans to restart its crypto exchange for international customers.

Today’s episode is sponsored by Kraken Pro.

Today’s Stories:

Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter

FTX Plans to Restart Crypto Exchange for International Customers

Markets Links:

BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch 

First Mover Americas: Bitcoin Starts August in the Red After Losing Ground in July

Ether Options Market Shows Bias for Price Weakness Over Next 6 Months

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Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

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This episode was hosted by George Kaloudis. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

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