Markets Daily Crypto Roundup

Bitcoin News Roundup for Dec. 8, 2020

With bitcoin down 2% from yesterday and weekly inflows to cryptocurrency funds near record highs, CoinDesk's Market's Daily is back with another crypto news roundup.

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ABOUT

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With bitcoin down 2% from yesterday and weekly inflows to cryptocurrency funds near record highs, CoinDesk's Market's Daily is back with another crypto news roundup.

This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch LVL.co.

Stories:

Bitcoin Drops 2% as European Stocks See Losses on Brexit Concerns

Bitcoin took a dip Tuesday as traditional markets suffer the jitters over fears of a "no-deal" Brexit.

Crypto Funds Have Seen Record Investment Inflow in Recent Weeks

In the last month, weekly inflows to cryptocurrency funds from institutional investors have been breaking records, according to data reported by Reuters.

Blockstack's Stacks Token Could Be Tradable in US Amid New Blockchain Launch

Blockstack's Stacks token could soon no longer be a security in the U.S. and become available to U.S. investors.

Biden Administration Will 'Ultimately Be Supportive' of Crypto: Circle CEO

On CNBC’s Squawk Box on Monday, Jeremy Allaire spoke about the regulatory attitudes toward stablecoins and how the incoming administration may treat crypto.

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

Adam B. Levine