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Bitcoin News Roundup for Aug. 17, 2020

Bitcoin News Roundup for Aug. 17, 2020

FromMarkets Daily Crypto Roundup


Bitcoin News Roundup for Aug. 17, 2020

FromMarkets Daily Crypto Roundup

ratings:
Length:
8 minutes
Released:
Aug 17, 2020
Format:
Podcast episode

Description

With bitcoin’s hashrate reaching record highs and litecoin hoping to Mimblewimble its way into new users' wallets, CoinDesk's Markets Daily is back with your latest crypto news roundup!This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.Today's stories:Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches "The upcoming privacy upgrade would leave litecoin valuations around all time highs," one industry analyst said.Bitcoin Price Holds Below $12K Even as Hash Rate Hits All-Time HighBitcoin's hashrate has soared to record highs, some analysts say it might kick the price out of its rut.Crypto Long & Short: The Surprisingly Sunny Outlook for Crypto Hedge FundsBitcoin returns are beating crypto hedge funds, but other recent developments point to more favorable tailwinds for those funds in the long term.Ex-Prudential Securities CEO Calls Bitcoin a 'Safe Haven'George Ball, who claimed himself as a Bitcoin and blockchain opponent, said bitcoin or another cryptocurrency is “very attractive” both in the long term and short term.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 17, 2020
Format:
Podcast episode

Titles in the series (100)

Tune in as CoinDesk Editor Adam B. Levine and Associate Producer Adrian Blust run down daily action in crypto markets and some of the most important recent industry developments.