At the end of August, bitcoin confirmed an overbought downturn in its monthly stochastic, a signal that has previously marked market peaks.Today's episode is sponsored by Kraken Pro.Today’s Stories:First Mover Americas: Bitcoin Treads Water Below $26KBitcoin Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: AnalystBitcoin's Use as Margin Collateral in Crypto Futures Trading Is GrowingTraditional Finance Exchanges Divided on Crypto Services: SurveyGlobal Standard Setters to Deliver Global Crypto Policy RoadmapAustralia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg-From our sponsors:Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.Head to pro.kraken.com and trade like a pro.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.-This episode was hosted by Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.