Bitcoin News Roundup for Aug. 11, 2020

With bitcoin increasingly acting like gold and one company betting a quarter of a billion dollars on BTC, CoinDesk's Markets Daily is back for your news roundup!

AccessTimeIconAug 11, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 9:42 a.m. UTC
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With bitcoin increasingly acting like gold and one company betting a quarter of a billion dollars on BTC, CoinDesk's Markets Daily is back for your 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:

Bitcoin is increasingly taking cues from gold, a tried-and-tested store of value asset.

Digital gold is now the "principal holding" of MicroStrategy's revamped treasury reserve strategy.

Internet is down in Belarus as people are protesting the results of the nation's presidential election.

An agency attached to the U.S. Department of Agriculture said it expects blockchain will play an important role in the sector's supply chains.

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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