Bitcoin News Roundup for Nov. 19, 2020

With reactions to BTC's rise and reported miner problems in China, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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

ABOUT

With reactions to BTC's rise and reported miner problems in China, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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

Today's stories:

Deutsche Bank Says Investors Increasingly Prefer Bitcoin Over Gold as Inflation Hedge

Comments by a Deutsche Bank analyst, as quoted by ZeroHedge, are another sign of bitcoin's increasing acceptance in the mainstream of finance.

Bitcoin's Rally Could Be Caused by a Supply Crunch in China

Many Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges.

30 Japan Firms to Collaborate on Private Digital Yen: Reuters

A group of Japanese companies plans to develop and test a private digital currency that would work alongside cash.

'Not My Cup of Tea': Jamie Dimon Is Still Not a Bitcoin Fan

The JPMorgan Chase CEO said it's only a matter of time before the government moves to regulate bitcoin.

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.