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Bitcoin News Roundup for Aug. 17, 2020

With bitcoin’s hashrate reaching record highs and litecoin hoping to Mimblewimble its way into new users' wallets, CoinDesk's Markets Daily is back with your latest crypto news roundup!

Aug 17, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 9:44 a.m. UTC

With bitcoin’s hashrate reaching record highs and litecoin hoping to Mimblewimble its way into new users' wallets, CoinDesk's Markets Daily is back with your latest crypto 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:

"The upcoming privacy upgrade would leave litecoin valuations around all time highs," one industry analyst said.

Bitcoin's hashrate has soared to record highs, some analysts say it might kick the price out of its rut.

Bitcoin returns are beating crypto hedge funds, but other recent developments point to more favorable tailwinds for those funds in the long term.

George Ball, who claimed to be a Bitcoin and blockchain opponent, said bitcoin or other cryptocurrencies are “very attractive” both in the long term and short term.

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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