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Bitcoin News Roundup for Dec. 14, 2020
Bitcoin News Roundup for Dec. 14, 2020
ratings:
Length:
8 minutes
Released:
Dec 14, 2020
Format:
Podcast episode
Description
With BTC back up above $19K and the upcoming digital yuan not looking to "replace existing currencies," CoinDesk's Market's Daily is back with another crypto news roundup.This episode is sponsored by Crypto.com and Nexo.io.Today's stories:Bitcoin Still on Track to Breach $20K in Coming Weeks: AnalystsBitcoin's revived uptrend could soon lead to a much-anticipated breakout above the $20,000 mark, according to several analysts.MassMutual's $100M Bitcoin Investment Marks Adoption Milestone: JPMorgan JPMorgan analysts said MassMutual's recent $100 million bitcoin purchases are a sign of growing mainstream acceptance for the cryptocurrency.Bitcoin's Relationship With Gold Is More Complicated Than It Looks Just because gold is losing momentum and bitcoin is gaining it doesn't mean investors are selling gold to buy bitcoin – not yet, anyway.Ex-People's Bank Chief Says Digital Yuan Not Planned to Replace Global Currencies "We are not like Libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 14, 2020
Format:
Podcast episode
Titles in the series (100)
Bitcoin ETF Bias, and Chinese Confusion | November 25 2019 by Markets Daily Crypto Roundup