Bitcoin News Roundup for April 22, 2020
Bitcoin reacts to stimulus packages and the U.K. bails out Big Tech. It’s CoinDesk’s Markets Daily podcast.
Today’s stories:
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
Disclosure Read More
The leader in blockchain news, 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.
Related Posts


Binance Founder Changpeng ‘CZ’ Zhao Released on $175M Bond, Will Be Sentenced in February
Binance founder and former CEO Changpeng "CZ" Zhao has been released from custody on a $175 million personal recognizance bond.Zhao pleaded guilty to violating the Bank Secrecy Act in court earlier on Tuesday, after federal officials alleged he directed Binance to allow U.S. customers to use the platform without conducting proper know-your-customer or anti-money laundering

AI Agents Will Drive the Next Wave of Crypto Adoption
In the 2000s, we stopped going into bank branches and started banking online. In 10 years time, do you think we will still be managing our finances this way?I predict today’s online financial tools will soon look archaic as we increasingly manage our finances via agents - intelligent bots that conduct financial operations on our

Bitcoin Halving Could Bolster ETF Tailwinds for the Cryptocurrency: Canaccord
Next month's reward halving could add to the ETF tailwinds for bitcoin, the report said.Spot ETFs could become a more meaningful contributor to bitcoin’s price action.BTC miners show signs of decoupling from the cryptocurrency's price as the halving event raises questions about profitability, Canaccord wrote.The more than 60% rally in bitcoin (BTC) in the first

Vitalik Ends Devcon Talk With Sing-Along About Failed Ethereum Ideas
"Consensus by bet – that didn't work. Hub and spoke chains – that didn't work. Proof-of-proof-of-work – that didn't work. Hyper cube chains – that also didn't work!" Singing on stage alongside songwriter Jonathan Mann, ethereum founder Vitalik Buterin ended his keynote at Devcon4 in Prague on Wednesday, with a song that listed "the graveyard…

BlackRock Enters Asset Tokenization Race with New Fund on the Ethereum Network
BlackRock to start a new real-world asset (RWA) tokenization fund on the Ethereum network.The asset management giant also made strategic investments in asset tokenization company Securitize.Asset management giant BlackRock (BLK) officially unveiled its tokenized asset fund on the Ethereum network on Wednesday.The BlackRock USD Institutional Digital Liquidity Fund is represented by the blockchain-based BUIDL token

Bitcoin Beach’s Pioneering Circular Economy Is Making a Global Impact
Roughly 70% of Salvadorans don’t have a bank account. The average Salvadoran earns about $400 per month, so the cost of onboarding and maintaining accounts far outstrips whatever meager revenue they could ever generate for banks.This means the majority of Salvadorans are unable to save, invest or access credit. Local businesses – including those that…

MakerDAO Is Now ‘Sky’ as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
The new USDS stablecoin and SKY governance token will be available on Sept. 18 with a new DeFi application to interact with the protocol. The protocol's established tokens DAI and MKR will remain in circulation unchanged, and users can decide voluntarily to exchange. The changes are part of the protocol ongoing overhaul called Endgame. 02:25

Bitcoin’s South Korea Discount Hits Highest Since October 2023
Bitcoin is trading on Korean exchanges at the steepest discount since October 2023, according to CryptoQuant. Smart traders have shifted to high-beta altcoins, data tracked by 10x Research show. Crypto traders on South Korea-based exchanges seem to have shifted from bitcoin (BTC) to alternative cryptocurrencies (altcoins) amid bullish analysts' forecasts in the wake of the