Bitcoin News Roundup for Aug. 21, 2020

With bitcoin still pulling back and LND learning to wumbo, CoinDesk's Markets Daily is back for your latest crypto news roundup!

AccessTimeIconAug 21, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 9:46 a.m. UTC

With bitcoin still pulling back and LND learning to wumbo, CoinDesk's Markets Daily is back for 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:

While soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further.

LND now supports Lightning Network wumbo channels. These channels have the capacity to hold more funds, and users can send larger bitcoin transactions.

Mexo, a cryptocurrency exchange designed for the Latin American user, launched on Thursday.

The Office of the Court of Justice is developing its blockchain as part of Thailand's court digitization campaign.

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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