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Breaking news: Ethereum Developer Virgil Griffith Pleads Guilty to Conspiracy Charge in North Korea Sanctions Case

Bitcoin News Roundup for Aug. 28, 2020

With bitcoin and gold reversing losses, CoinDesk's Markets Daily is back for your latest crypto news roundup!

Aug 28, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 9:49 a.m. UTC

With bitcoin and gold reversing losses, 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:

Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve's announcement of a more relaxed approach to tackling inflation.

The narrowing gap between bitcoin buy and sell orders on big exchanges like Binance shows an increasing depth to cryptocurrency markets.   

The Venezuelan government's push to create a cryptocurrency-centric economy appears to be working, but perhaps not in the way officials had hoped.

Affected mining centers in the area may see a notable increase in electricity costs.

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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