DAILY CRYPTO NEWS AND MARKET RECAP On 20th August 2020


Coin news

 

High Ethereum Fees Push Tether to Its Eighth Blockchain, OMG Network!

by coindesk.com
Tether’s USDT is now live on scaling blockchain OMG Network in a bid to decrease pressure on its parent blockchain, Ethereum. ...

Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises!

by coindesk.com
Prices for ren, the token for the RenVM DeFi network, experienced a great week, as the demand for bitcoin rises on DeFi....

Market Wrap: Bitcoin Sinks to $11.6K as Ether’s Gas Keeps Rising!

by coindesk.com
As bitcoin’s price falls, Ethereum’s fees rise. ...

Stablecoin Demand May Drop if Traders Abandon Bitcoin ‘Cash and Carry’ Strategy!

by coindesk.com
Institutional demand for stablecoins may cool because yield on “carry trades” has been cut in half since Monday....

The Bitcoiners Who Live ‘Permanently Not There’!

by coindesk.com
The crypto-rich are just like the usual rich: They will do whatever it takes to avoid paying taxes including moving abroad. But bitcoin makes that much easier....

Blockchain Bites: Bitcoin in Space; Prime Brokerage Race; Nodes You Can’t Trace!

by coindesk.com
The OCC's door is open for banks looking to discuss getting involved in crypto services, a Russian bank issued a token-backed loan and bitcoin has been sent from space....

Pro-Bitcoin Senate Candidate Wins Primary Race in Wyoming!

by coindesk.com
Cynthia Lummis, a former U.S. Representative and current bitcoin advocate, has won her primary race to join the U.S. Senate representing Wyoming....

Bitcoin News Roundup for Aug. 19, 2020!

by coindesk.com
With bitcoin pulling back from its bull run and the emergence of YAM-inspired “Spaghetti Money,” CoinDesk's Markets Daily is back for your latest crypto news roundup!...

Bitcoin’s Bull Run Is Slowing – Pullback Now Expected!

by coindesk.com
Some analysts are now predicting further price corrections after bitcoin fell back below the $12,000 milestone on Tuesday....

 

Winners and losers

 

Top 5 winners

 

Name                              Price (USD)

Tether 1.00265342218 delta-green.png 0.0692472

[UNUS SED LEO] 1.26640678324 delta-green.png 0.0420058

Chainlink 16.2658290896 delta-red.png -0.787263

Crypto.com Coin 0.164005370499 delta-red.png -2.20872

 

Top 5 losers

 

Name                                 Price (USD)

TRON 0.0265315841541 delta-red.png -8.55168

EOS 3.35154279104 delta-red.png -7.2505

VeChain 0.0179009965625 delta-red.png -6.92857

IOTA 0.372157511063 delta-red.png -6.43487

Litecoin 62.0835235027 delta-red.png -6.29366

 

Other great coins

 

Name                             Price (USD)

Cardano 0.129330353274 delta-red.png -6.00798

Steem 0.229513254914 delta-red.png -6.73511

Hive 0.274766760181 delta-green.png 1.92502

Bitcoin 11757.8682211 delta-red.png -2.2342

Ethereum 406.523233882 delta-red.png -4.44497

 

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