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Bitcoin News Roundup for July 10, 2020
With the price of BTC headed down and the Fed's largest balance sheet decline in 11 years, CoinDesk's Markets Daily is back for your bitcoin news roundup!
With the price of BTC headed down and the Federal Reserve's largest balance sheet decline in 11 years, CoinDesk's Markets Daily is back for your bitcoin news roundup!
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For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
This episode is sponsored by Bitstamp and Crypto.com.
Today's Bitcoin News:
The Federal Reserve's Declining Balance Sheet Is Bearish for Bitcoin. Or Is It?
The Fed’s balance sheet just dropped the most in 11 years, but despite popular opinion that is not necessarily bad news for bitcoin.
BitClub Programmer Admits Mining Scheme Stole $722M in Bitcoin
The Romanian programmer pleaded guilty to wire fraud and the offering and sale of unregistered securities.
A Rare Glimpse Into How Crypto Is Really Used in Venezuela
After airdropping cryptocurrency to 60,000 users in Venezuela, AirTM survey results suggest how crypto is really used in the economically troubled nation.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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.
Lyllah Ledesma
Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds a master's degree from New York University in Business and Economics and an undergraduate degree in Political Science from the University of East Anglia. Lyllah holds bitcoin, ether and small amounts of other crypto assets.
