Bitcoin News Roundup for July 10, 2020

With the price of BTC headed down and the Fed's largest balance sheet decline in 11 years, CoinDesk's Markets Daily is back for your bitcoin news roundup!

AccessTimeIconJul 10, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 9:29 a.m. UTC
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With the price of BTC headed down and the Federal Reserve's largest balance sheet decline in 11 years, CoinDesk's Markets Daily is back for your bitcoin news roundup!

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

This episode is sponsored by Bitstamp and Crypto.com.

Today's Bitcoin News:

The Fed’s balance sheet just dropped the most in 11 years, but despite popular opinion that is not necessarily bad news for bitcoin.

The Romanian programmer pleaded guilty to wire fraud and the offering and sale of unregistered securities. 

After airdropping cryptocurrency to 60,000 users in Venezuela, AirTM survey results suggest how crypto is really used in the economically troubled nation.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


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