Markets Daily Crypto Roundup

Bitcoin News Roundup for Oct. 22, 2020

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ABOUT

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With BTC pulling back from $13K and reactions to PayPal in the news, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.com, Nexo.io and Elliptic.

Today's stories:

Back at $13K: Bitcoin Unfazed by Profit Takers After Rise to 2020 High

The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week.

CFTC Provides Crypto Futures Firms New Storage Guidance

The CFTC wants futures commission merchants to take care when dealing with customer's funds.

Baby Steps or Handcuffs? Crypto Pros Assess PayPal's Bitcoin Play

Fintech giant PayPal confirmed its move into crypto Wednesday. Is its no-withdrawals bitcoin service too restrictive or mainstream-friendly?

Voyager Agrees to Buy LGO Markets and Merge 2 Firms' Tokens

Two cryptocurrency trading firms are merging, and in a rare twist, so are their tokens.

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