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Bitcoin News Roundup for Aug. 26, 2020
With bitcoin’s silver lining and Ribbit’s $350 million “Blank Check,” CoinDesk's Markets Daily is back for your latest crypto news roundup!
With bitcoin’s silver lining and Ribbit’s $350 million “Blank Check,” 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 Drop Squeezes Out Weak Derivatives Positions – And That May Be a Good Thing
Bitcoin’s latest price drop may have a silver lining.
Crypto and Fintech VC Ribbit Capital Seeks $350M in 'Blank Check' IPO
While it's unclear how much Ribbit Leap will focus on crypto or blockchain acquisitions, it comes at a time of renewed exuberance in the sector.
FTX Exchange's $150M Deal for Mobile-First Blockfolio Is a Retail Trading Play
The deal is a strategic play for FTX, whose clientele consists largely of quants and professional traders, to attract more retail customers.
Brazilian Lawmaker Proposes Crypto Regulations for a Country Devoid of Any
Brazil's crypto scene has been unbanked, unregulated and awash in legal uncertain for its entire history.
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.
