Markets Daily Crypto Roundup

Bitcoin News Roundup for Dec. 4, 2020

With Bloomberg predicting $50K BTC in 2021 and rumors of crypto clarity as the Trump administration winds down, CoinDesk's Market's Daily is back with another crypto news roundup.

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ABOUT

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With Bloomberg predicting $50K BTC in 2021 and rumors of crypto clarity as the Trump administration winds down, CoinDesk's Market's Daily is back with another crypto news roundup.

This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch Allnodes

Today's stories:

Bitcoin Price Could Hit $50K in 2021, Bloomberg Analysts Say

"Bitcoin's macroeconomic, technical and demand vs. supply indicators supportive of $50,000 target resistance," according to Bloomberg.

OCC Chief Hints at Coming 'Good' Actions on Crypto by End of Trump's Term

Brian Brooks hinted at a flurry of crypto clarity actions in the next few weeks that could drive more institutions into the asset class.

S&P Dow Jones Indices to Launch Crypto Indexes in 2021

Financial data provider S&P Dow Jones Indices is launching a crypto asset index in 2021.

Ripple CTO Says Majority Vote Would Force the Burning of Billions in XRP

The Ripple exec was responding to a question asking whether a majority vote could force the destruction of XRP held in escrow.

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