Bitcoin News Roundup for Feb. 22, 2021

With the price of BTC falling and a new report from JPMorgan on how big banks could push back against cryptocurrencies, CoinDesk’s Market Daily is back with the latest news roundup.

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ABOUT

With the price of BTC falling and a new report from JPMorgan on how big banks could push back against cryptocurrencies, CoinDesk’s Market Daily is back with the latest news roundup.

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This episode is sponsored by Nexo.io.

Today's stories:

First Mover: Laser Eyes Can't Stop Correction as Bitcoin Tumbles to $53K

The news flow still looks bullish on bitcoin, but the market appears to have gone too far, too fast.

Travel’s Covid-19 Blues Are Likely Here to Stay—‘People Will Go Out of Business’ (WSJ)

Even skeptics may need to consider crypto exposure, according to the Wall Street Journal's Heard on the Street column.

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.