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Bitcoin News Roundup for Dec. 21, 2020

With BTC retreating from its eight-day streak of gains and MicroStrategy's most recent bitcoin splurge, CoinDesk’s Market’s Daily is back with another crypto news roundup.

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With BTC retreating from its eight-day streak of gains and MicroStrategy's most recent bitcoin splurge, CoinDesk’s Market’s Daily is back with another crypto news roundup.

This episode is sponsored by Crypto.com and Nexo.io.

Today's stories:

MicroStrategy is transforming itself into corporate America's boldest bitcoin bull, now owning bitcoin worth over $1.596 billion.

For many, bitcoin is hedge against inflation. But it's also a safety play for a world where old ideas about economics are up in the air.

Digital asset investment firm and CoinDesk sister company Grayscale is sucking up so much bitcoin it could sway prices.