As Bitcoin slumps and monetary policymakers present a baffling binary choice, CoinDesk’s “Markets Daily” is back with the latest news roundup.Today's Stories: US X-Date Is Now June 5 As Treasury Burns $52BN Cash In One Day, Only $87BN LeftFleeing U.S. Crypto Firms ‘Welcome,’ French Regulator SaysEven Licensed Firms Say Opening Bank Accounts Is Hard in Hong KongChina's Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like AttributesCoinbase Hasn't Proven SEC Needs to Create Crypto-Specific Rules, Regulator SaysPolicy SEC Can't Seal Docs Tied to Hinman's Ether Speech, Judge in Ripple Suit Ruleshttps://twitter.com/MetaLawMan/status/1658300159212634115Ledger Bats Back Criticism of New Wallet Recovery ServiceMarket Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch Bitcoin Slides Below $27K as Investors Eye Debt Ceiling NegotiationsBitcoin's Realized Price on Cusp of Flashing Major Bullish SignalBitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto MarketDogecoin's Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens IntroducedAxie Infinity's Token Jumps 12% After Firm Lists Game on Apple App StoreThis episode was edited by Ryan Huntington, and read by Senior Producer Michele Musso. 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.