Bitcoin News Roundup for Sept. 23, 2020

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

ABOUT

With the bitcoin market weakening and an ECB update, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Today's stories:

Bitcoin Market Weakening After Macro-Based Sell-Off, On-Chain Data Suggests

Bitcoin inventory is building on exchanges but there's a lack of buyers, according to a Chainalysis economist.

'Misleading' Term Stablecoin Should Be Ditched, Says ECB

The EU central bank said the term stablecoin is potentially "confusing" and "misleading" to consumers.

Tokenized Bitcoin on Ethereum Now Tops $1.1 B: Here's Why

The supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 WBTC minted within one week. Here’s why.

Christie's to Auction Bitcoin-Inspired Artwork, Associated Non-Fungible Token

The artwork titled, ‘Portraits of a Mind’ created by the Robert Alice project is a set of 40 paintings made up of a transcription of the code associated with the Bitcoin blockchain.

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.