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Bitcoin News Roundup for Aug. 18, 2020
With bitcoin's exchange reserves at a 20-month low and its hashrate getting soaked in Sichuan, CoinDesk's Markets Daily is back for your latest crypto news roundup!
With bitcoin's exchange reserves at a 20-month low and its hashrate getting soaked in Sichuan, CoinDesk's Markets Daily is back for your latest crypto news roundup!
STORY CONTINUES BELOW
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today's stories:
Bitcoin Holding Sentiment Strongest in Nearly Two Years
The amount of bitcoin held on crypto exchanges is down to a 21-month low, a sign investors are feeling bullish.
Bitcoin Passes $12K, Dollar Worries Grow, OMG Jumps, Portnoy's Orchid #Pump
It's been a busy time with bitcoin rising to a new key level, Warren Buffett buying a gold miner and ethereum classic's possible delisting.
Heavy Rainstorms in China Are Hurting Bitcoin's Hashrate
Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan.
Binance Charity Pledges $20K to Beirut Explosion Relief Efforts
Binance's charity arm is donating $20,000 to the victims of an explosion that rocked Lebanon's capital earlier this month.
For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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.
