Bitcoin News Roundup for Aug. 4, 2020

With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk's Markets Daily is back for your bitcoin news roundup!

AccessTimeIconAug 4, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 9:39 a.m. UTC
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With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk's Markets Daily is back for your bitcoin news roundup!

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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

Today's Stories:

Surging open interest in crypto derivatives suggests investors are seeking alpha in other investments, such as bitcoin, said the co-founder of an index fund provider.  

Another crypto hedge fund has called it quits, the teenage Twitter hacker reportedly had millions in bitcoin and Huobi sees DeFi as its next venture.

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica 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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