Bitcoin News Roundup for Nov. 11, 2020

With analysts looking towards new all-time highs for BTC and newly mined bitcoins finding their way onto the Ethereum blockchain, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

With analysts looking towards new all-time highs for BTC and newly mined bitcoins finding their way onto the Ethereum blockchain, 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 Likely to Consolidate Before December Rise Toward $20K, Say Analysts

The bitcoin market is likely to take a breather before continuing its rise toward $20,000 by the end of the year, analysts told CoinDesk.

Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool Off

October’s growth is less than half of September’s 68,000 newly tokenized bitcoins.

Ethereum Service Providers Experience Issues After Reported Blockchain Split

Platforms using an older version of the Ethereum client Geth experienced an accidental split of the chain Wednesday morning.

Biden Confirms Gensler Will Lead Financial Policy Transition Team

Gary Gensler, Simon Johnson and Mehrsa Baradaran are among the policy experts versed in crypto and blockchain issues named to President-elect Biden’s transition team.

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.