Bitcoin News Roundup for Dec. 15, 2020

With a new plan to return more than 100,000 BTC to long-suffering exchange customers-turned-creditors and with a look at Argentina and broader crypto adoption across South America, CoinDesk's Market's Daily is back with another crypto news roundup.

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

ABOUT

With a new plan to return more than 100,000 BTC to long-suffering exchange customers-turned-creditors and with a look at Argentina and broader crypto adoption across South America, CoinDesk's Market's Daily is back with another crypto news roundup.

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

Today's stories:

Bitcoin May Have Hit Wall of Profit Takers Around $19,500: Analyst

Huobi Global saw an influx of larger-than-average bitcoin deposits soon before the price drop, an analyst said.

Mt Gox Creditors' Wait Nearly Over as Trustee Announces Draft Rehabilitation Plan

Mt. Gox’s trustee Nobuaki Kobayashi has at last filed a draft plan for the rehabilitation of creditors including former users.

Crypto Is Booming in Economically Challenged Argentina

Argentina's crypto industry saw record trading volumes this year, amid the COVID-19 pandemic and economic hardship.

Buterin Warns Followers Not to Take Out Personal Loans to Buy Crypto

Ethereum founder Vitalik Buterin took to Twitter to warn his followers not to take personal loans to purchase cryptocurrencies.

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.