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Bitcoin News Roundup for July 8, 2020

Very crypto, much wow. With Dogecoin back in the news, CoinDesk's Markets Daily is back with another bitcoin news roundup.

Updated Sep 14, 2021, 9:01 a.m. Published Jul 8, 2020, 4:00 p.m.

Very crypto, much wow. With dogecoin back in the news, CoinDesk's Markets Daily is back with another bitcoin news roundup.

STORY CONTINUES BELOW

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This episode is sponsored by Bitstamp and Crypto.com.

Today's News:

As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout

Bitcoin is looking to leap key resistance alongside a strong rally in gold, but its role as an inflation hedge is still weak.

Dogecoin Volumes Spike 1,900% in 2 Days Amid Viral TikTok Videos

The Shiba Inu meme-based cryptocurrency’s price climbed 35% as TikTok users encourage each other to invest.

Nearly $60M in Bitcoin Moved to Ethereum in June

Nearly $60 million worth of bitcoins moved to Ethereum during June, 75% of which came through Wrapped Bitcoin.

With Chat Privacy Under Threat in US, Firm Develops '100% User-Controlled' Messaging

Unstoppable Domains is working to give users full control over their chat data with a new decentralized protocol.

Ride-Hailing Giant DiDi to Trial China's Central Bank Digital Currency

Didi, the Chinese equivalent of Uber, is forming a task force to design and implement trial of China's central bank digital currency on its on-demand transportation platform.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

Podcasts Markets Daily

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.

Lyllah Ledesma

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds a master's degree from New York University in Business and Economics and an undergraduate degree in Political Science from the University of East Anglia. Lyllah holds bitcoin, ether and small amounts of other crypto assets.