Bitcoin News Roundup for Aug. 25, 2020
With bitcoin still under $12K and Aave pulling ahead of MakerDAO, CoinDesk's Markets Daily is back for your latest crypto news roundup!

With bitcoin still under $12K and Aave pulling ahead of MakerDAO, CoinDesk's Markets Daily is back for your latest crypto news roundup!
For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today's stories:
Today's stories:
Powell's Coming Inflation Speech May Weigh Over Dollar and Boost Bitcoin: Analysts
The Federal Reserve chief is expected to bolster expectations of inflation in a keynote Thursday. That may be bad for the U.S. dollar but good for bitcoin.
Aave Becomes Second DeFi Project to Unseat MakerDAO for Most TVL
DeFi credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFiPulse.
Huawei Builds Blockchain Platform to Help Beijing Government Manage People's Data
Huawei’s cloud services arm is helping the Beijing government set up a blockchain platform that would better track and manage people’s data.
A recent paper by the Bank for International Settlements looks at the economic reasoning behind central bank digital currencies and how they may be shaped for future implementation via mainstream adoption.
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.
