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Bitcoin News Roundup for May 12, 2021
With ether passing the $500B market cap milestone and a look at inflation in the wake of legendary investor Stanley Druckenmiller's warning, CoinDesk’s Market Daily is back with the latest news roundup.
ABOUT
With ether passing the $500B market cap milestone and a look at inflation in the wake of legendary investor Stanley Druckenmiller's warning, CoinDesk’s Market Daily is back with the latest news roundup.
Add Markets Daily to your Alexa Flash Briefing here.
This episode is sponsored by .
Today's stories:
Two-Day-Old Cryptocurrency Surges to $45 Billion Market Value
Inflation Likely Accelerated in April as Economy Strengthened
US Tariffs Drive Drop in Chinese Imports - WSJ
SoftBank reports record net profit for a Japanese company of $46bn
Billionaires Peter Thiel and Alan Howard back new $10bn crypto exchange
Rare CryptoPunk NFTs Fetch Almost $17M at Christie's Auction
David Morris: Druckenmiller's Inflation Warning Good for Crypto
Investment Research Firm Says Coinbase Stock Could Fall to $100
Altcoin Season's Outer Limits: Ether Outpacing Bitcoin Further Than in 2017
Stablecoins Like USDC See Growing Demand In Latin America
David Morris: Druckenmiller's Inflation Warning Good for Crypto
HOST
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.

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