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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!

Aug 13, 2020 at 4:12 p.m. UTC
Updated Sep 14, 2021 at 9:43 a.m. UTC

With the price of BTC bouncing and ETH miners on the rise, 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 has shrugged off a drop to $11,300 for the third day running, possibly buoyed by gold's recovery on Wednesday.

The surge in profitability comes after rises in transaction fees and prices of the ether cryptocurrency.

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 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 PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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