Bitcoin News Roundup for May 27, 2020

While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast.

AccessTimeIconMay 27, 2020 at 4:00 p.m. UTC
Updated Dec 11, 2022 at 7:30 p.m. UTC
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Adam B. Levine is the managing editor of CoinDesk's podcast division.

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Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's Markets Daily from CoinDesk.

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Today's stories:

With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide in the yuan, analysts say. 

ErisX has released a block trading API for futures contracts and spot market trades to help large traders.

Crypto exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading for institutional clients.

Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians.

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Adam B. Levine is the managing editor of CoinDesk's podcast division.


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Adam B. Levine is the managing editor of CoinDesk's podcast division.