Bitcoin News Roundup for Aug. 5, 2020
With BTC pushing towards $12,000 and gold at record highs, CoinDesk’s Markets Daily is back for your crypto news roundup!
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today’s Stories:
Related: Hedgeye CEO Keith McCullough on Stagflation, Bitcoin and the Devalued Dollar
Bitcoin Price Rises 3% as Gold Trades Above $2K for First Time
Bitcoin is again acting like a macro asset, drawing bids amid record rally in gold and broad-based U.S. dollar sell-off.
Square Reports 600% Increase in Quarterly Bitcoin Revenue
Jack Dorsey’s Square has seen one of the largest quarterly increases yet for its bitcoin business.
Related: Can Social Media Be Redeemed? Feat. Bobby Goodlatte
Square Crypto, Human Rights Foundation Ramp Up Bitcoin Development Grants
Square Crypto and the Human Rights Foundation are continuing their support for an open-source Bitcoin developer community with new contributor grants.
For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
