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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!

Markets Daily Front Page Adam Lyllah

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

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This episode is sponsored by Crypto.comBitstamp 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.

Bank for International Settlements: Rise of the central bank digital currencies: drivers, approaches and technologies

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 PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica 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.

Lyllah Ledesma