With bitcoin’s price dropping overnight as DeFi booms, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today’s stories:
Related: Financial Postmodernism and the Great Inflation Debate
Bitcoin Price Drops 4% After Latest Rejection at $12K Resistance
Bitcoin fell by $400 Wednesday morning, having failed once more to move above a long-held resistance level.
Bitcoin Miners Saw 23% Revenue Increase in August
Miners generated an estimated $368 million in August. Revenue estimates assume miners sell their bitcoins immediately.
Related: Bitcoin News Roundup for Sept. 1, 2020
DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume
Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase.
Police Reportedly Raid Headquarters of Bithumb, South Korea’s Largest Exchange
Crypto exchange Bithumb has reportedly been seized by police in Seoul on allegations its chairman engaged in investment fraud.
For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.