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Bitcoin News Roundup for Aug. 24, 2020

Bitcoin News Roundup for Aug. 24, 2020

With Turkey getting bullish on bitcoin and BitMex blocking users in part of Canada, 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 Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

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

Today’s Stories:

The funds likely boosted short positions to take advantage of attractive “cash and carry” yields. 

Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included. 

The relationship between economic crisis and crypto exchange activity in Turkey appears to have changed, with bitcoin coming out on the winning end. 

The veteran cryptocurrency derivatives exchange is to block users in Ontario, apparently at the behest of the local securities regulator.

For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

Disclosure

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.

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