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Bitcoin News Roundup for May 8, 2020

Bitcoin bumps against six figures while a cancelled crypto event draws legal ire. It's CoinDesk's Markets Daily podcast.

Updated Dec 11, 2022, 7:50 p.m. Published May 8, 2020, 4:00 p.m.
MD FEB 27 RELEASE

Bitcoin bumps against six figures while a cancelled crypto event draws legal ire. It's CoinDesk's Markets Daily podcast.

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This episode is sponsored by ErisXThe Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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Today's stories:

Coinstar Plans Massive Expansion of Coinme Bitcoin ATMs as Usage Spikes

One of Bitcoin's Earliest Miners Is Dedicating $66M in Crypto to a Fund of Funds

First Mover: Search Interest in Bitcoin's Halving Reaches Fever Pitch as Price Hits $10K

'Massive Adoption' Conference Organizer Sued After Refund Delays

Andy Serkis' Hobbitathon

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

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Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

Lo que debes saber:

  • Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
  • The rally coincided with significant spot BTC price premium on Coinbase.
  • Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.