Yahoo News Bitcoin News Roundup for Aug. 13, 2020
With the price of BTC bouncing and ETH miners on the rise, CoinDesk’s Markets Daily is back for your news roundup!
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today’s Stories:
Related: Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation
Bitcoin Recovers From $11.3K Despite Losses in European Stocks
Bitcoin has shrugged off a drop to $11,300 for the third day running, possibly buoyed by gold’s recovery on Wednesday.
Daily Profitability for Ethereum Miners Hits Over 2-Year High
The surge in profitability comes after rises in transaction fees and prices of the ether cryptocurrency.
Related: #SupplyGate and the Battle to Frame Crypto’s Next Bull Run
Coinbase to Offer Bitcoin-Backed Loans to US Customers
Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings starting in the fall.
YAM’s Market Cap Falls From $60M to Zero in 35 Minutes
YAM’s market cap fell to zero just minutes after the co-founder pronounced the yield farming project dead. A rescue plan is now in the cards.
For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
