With crypto markets trading sideways and a look at the fundamental point that crypto skeptics miss, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today's Stories: Bitcoin CME Futures Slip Into 'Backwardation' as Bearish Sentiment Grips MarketEther Breaks Short-Term Bullish Trendline, Support Below $3.3K  Stock Futures Gain Ahead of Fed Meeting European stocks climb as traders await central banks’ response to inflation Featured Story: What Intellectuals Still Don't Get About CryptoThis episode was edited & produced by Adrian Blust. -Kava lets you mint stablecoins, lend, borrow, earn and swap safely across the world’s biggest crypto assets. Connect to the world's largest cryptocurrencies, ecosystems and financial applications on DeFi’s most trusted, scalable and secure earning platform with kava.io.-Nexo is a powerful, all-in-one crypto platform where you can securely store your assets. Invest, borrow, exchange and earn up to 12% APR on Bitcoin and 20+ other top coins. Insured for $375M and audited in real-time by Armanino, Nexo is rated excellent on Trustpilot. Get started today at nexo.io.-Market Intel by Chainalysis—the Blockchain Data Platform—arms your team with the most complete on-chain dataset to make informed crypto investments, deliver original research, and identify and confidently fund emerging players in the market. See Chainalysis Market Intel in action now.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.