Bitcoin News Roundup for July 27, 2020

With BTC breaking out, ETH exploding and gold at all-time highs, CoinDesk's Markets Daily is back with another news roundup.

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

ABOUT

With BTC breaking out, ETH exploding and gold at all-time highs, CoinDesk's Markets Daily is back with another news roundup.

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

First Mover: Bitcoin at Last Passes $10K, But Why Has It Struggled While Gold Shone?

It's a tricky thing to explain why bitcoin has been underperforming as central bank money printing helps drive gold to a new record.

Ether Leaves Bitcoin Behind With 2020 Gain of Over 100%

Ethereum's popularity with DeFi projects has likely led to a triple-digit year-to-date price rise for ether. Bitcoin lags well behind with a 34% gain.

Crypto Long & Short: Where Fintech Ends and Crypto Begins

Parts of fintech may be embracing crypto, but Noelle Acheson argues that doesn’t mean crypto is fintech – it’s more than that.

MakerDAO Passes $1 Billion Milestone in DeFi First

The total value of ether locked in DeFi's oldest project has surpassed $1 billion for the first time.

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.