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Bitcoin News Roundup for Nov. 9, 2020

Bitcoin News Roundup for Nov. 9, 2020

FromMarkets Daily Crypto Roundup


Bitcoin News Roundup for Nov. 9, 2020

FromMarkets Daily Crypto Roundup

ratings:
Length:
6 minutes
Released:
Nov 9, 2020
Format:
Podcast episode

Description

With little technical resistance standing between BTC and new all time highs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!This episode is sponsored by Crypto.com and Nexo.io.Today's stories:Bitcoin's Weekly Close Above 2019 High Leaves Runway Clear to $20K Bitcoin has closed above last year's high, toppling a final technical barrier on the road to a potential new all-time high.Veteran Investor Bill Miller Says Every Major Investment Bank Will Own Bitcoin or Something Like ItFollowing bitcoin purchases by MicroStrategy and Square, Miller said every major investment bank and high-net-worth firm will eventually have exposure to bitcoin or commodities like gold. Family Offices May Now See Bitcoin as Alternative to Gold: JPMorgan ReportIn a research report by JPMorgan’s global markets team, analysts noted that Grayscale Bitcoin Trust’s flow trajectory outperformed gold ETFs.Crypto Lender Cred Files for Bankruptcy After Losing Funds in FraudIn October, the lender published a cryptic letter saying it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 9, 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.