With bitcoin continuing to ascend as German institutions revive hopes of faster mainstream crypto adoption, plus a look at what kind of asset markets think bitcoin really is, CoinDesk’s Markets Daily is back with the latest news roundup. 

This episode is sponsored by Kava, BCB Group and Koinly.

Today's Stories:

Bitcoin Eyes 200-Day Average After Three-Day Price Rally, Analyst Says 

Stock Futures Point to Tech Gains After Record Tesla Profit - WSJ

Featured Story: Is Bitcoin a Risk-On or a Risk-Off Asset? Maybe It’s Neither

This episode was edited & produced by Adrian Blust with original music by Adrian Blust & Colin Mealey

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BCB Group is the leading business banking partner for the digital assets industry. We provide the rails to move money and a gateway for crypto to FX markets at scale. Our mission is to connect and bank the global crypto industry. Find out more by visiting bcbgroup.com/coindesk.

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Koinly calculates crypto taxes accurately and fast to save you time, and keep you from paying too much in taxes. Koinly connects to 600+ exchanges to analyze all your trades, and is able to handle DeFi, liquidity, NFTs & more. Simply download Koinly's IRS form 8949 report and file! Get started with a free plan at koinly.io.

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MarketsDaily15 to get 15% off your pass at www.coindesk.com/consensus2022.

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