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Blog

Bitcoin News Roundup for Feb. 10, 2021

With the top two cryptos down on the day and a bitcoin supply squeeze seemingly in the cards, CoinDesk’s Market Daily is back with the latest news roundup.

Add Markets Daily to your Alexa Flash Briefing here.

This episode is sponsored by Nexo.io.

Today’s stories:

A wave of new bitcoin buyers is arriving just as easily obtained supplies of the cryptocurrency fall to their lowest levels in more than three years.

The end of the “Petrodollar” era could loosen the dollar’s domination as the global reserve currency, according to a Reuters column by Mike Dolan.

Collateral locked in decentralized-finance protocols closes in on $40 billion, up from just $1 billion a year ago, according to DeFi Pulse.

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