Markets Daily Crypto Roundup

Bitcoin News Roundup for Nov. 16, 2020

With Citibank telling institutional clients BTC is a six-digit moonshot and Fidelity now debunking common bitcoin concerns, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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ABOUT

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With Citibank telling institutional clients BTC is a six-digit moonshot and Fidelity now debunking common bitcoin concerns, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.com and Nexo.io.

Today's stories:

Record Levels of Negative-Yielding Debt Strengthen Case for Bitcoin: Analysts

With negative-yielding bonds at a new high, investors are looking elsewhere for returns.

Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report

Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility.

Fidelity's Crypto Arm Responds to 6 Common Bitcoin Criticisms

Fidelity Digital Assets has responded to some of bitcoin's most frequent criticisms citing heightened interest in the cryptocurrency.

Citibank Executive Says Bitcoin Could Pass $300K by December 2021

A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin.

HOST

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.

Adam B. Levine