Markets Daily Crypto Roundup

Bitcoin News Roundup for Dec. 21, 2020

With BTC retreating from its eight-day streak of gains and MicroStrategy's most recent bitcoin splurge, CoinDesk’s Market’s Daily is back with another crypto news roundup.

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ABOUT

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With BTC retreating from its eight-day streak of gains and MicroStrategy's most recent bitcoin splurge, 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:

MicroStrategy Splurges Another $650M in Latest Bitcoin Investment

MicroStrategy is transforming itself into corporate America's boldest bitcoin bull, now owning bitcoin worth over $1.596 billion.

Bitcoin Is a Hedge Against Inflation, but It's Also a Hedge Against 'Crazy'

For many, bitcoin is hedge against inflation. But it's also a safety play for a world where old ideas about economics are up in the air.

A Slowing of Grayscale Bitcoin Fund Inflows Could Prompt Price Correction: JPMorgan

Digital asset investment firm and CoinDesk sister company Grayscale is sucking up so much bitcoin it could sway prices.

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