DAILY CRYPTO NEWS AND MARKET RECAP On 21th August 2020


Coin news

 

The Most Pro-Bitcoin Politicians in the US!

by coindesk.com
Whether fighting for reduced taxes for staking or regulatory sandboxes for tokens, these politicians break the mold when it comes to digital assets....

Market Wrap: Bitcoin Breaks $11.8K; BTC in DeFi Doubles in August!

by coindesk.com
Bitcoin price is on the upswing as the amount of the world’s oldest cryptocurrency locked in DeFi jumps. ...

Tron Loses 23% of Its $4.3B USDT Reserves to DeFi Hotbed Ethereum!

by coindesk.com
A "3rd party" crypto exchange ordered the swap. Signs point to Binance. ...

ETC Labs Rolls Out Fixes to Thwart Further 51% Attacks on Ethereum Classic!

by coindesk.com
Shaken by weeks of network-overwhelming hacks, ETC Labs has outlined its security response. ...

Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning!

by coindesk.com
LND now supports Lightning Network wumbo channels. These channels have the capacity to hold more funds, and users can send larger bitcoin transactions....

Blockchain Bites: Ethereum’s Fees, Bitcoin’s Pullback, Ren’s Great Week!

by coindesk.com
Stablecoin demand may become unbalanced if traders ditch a “market-neutral strategy" while Ethereum gas fees drive Tether to adopt a new rail....

Bitcoin News Roundup for Aug. 20, 2020!

by coindesk.com
With bitcoin taking a back seat to the DeFi boom and data platforms aiming for the moon, CoinDesk's Markets Daily is back for your latest crypto news roundup!...

First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market!

by coindesk.com
Dollar-linked "stablecoins" are being used in exotic cryptocurrency trades, similar to the way money markets serve as liquidity on Wall Street....

Ethereum-Based MadNetwork Aims to Clean Up Advertising’s ‘Programmatic Cesspool’!

by coindesk.com
MadNetwork, an adtech transparency project with a Layer 2 solution built on Ethereum, emerges from stealth today with a testnet coming next month....

Binance Launches DeFi Staking With Cryptos Kava and Dai!

by coindesk.com
Users of crypto exchange Binance can now earn interest on dai and Kava as the exchange's decentralized finance (DeFi) staking platform goes live....

It’s Now Cheaper to Buy One Bitcoin Than to Buy a Single DeFi Token YFI!

by coindesk.com
On a per-coin basis, YFI governance token from DeFi protocol yEarn now costs more than industry behemoth bitcoin. ...

Bitcoin Risks Deeper Drop if Dollar Rebounds!

by coindesk.com
The bitcoin price could pull back even further should the dollar stage a full-blown recovery on the back of the latest Fed meeting. ...

OMG Price Doubles as DeFi and Record Ethereum Fees Create ‘Perfect Storm’!

by coindesk.com
OMG has more than doubled in the past seven days as record Ethereum fees lead investors to look more closely at layer 2 solutions. ...

 

Winners and losers

 

Top 5 winners

 

Name                             Price (USD)

Neo 17.7854966227 delta-green.png 10.8691

Monero 101.099987753 delta-green.png 10.221

Cosmos 6.30041537447 delta-green.png 10.1877

VeChain 0.0193481621689 delta-green.png 6.99566

IOTA 0.397844084803 delta-green.png 6.08918

 

Top 5 losers

 

Name                              Price (USD)

Chainlink 16.0909747329 delta-red.png -2.38365

USD Coin 0.999693211359 delta-red.png -0.146671

Tether 1.00049918558 delta-red.png -0.0996164

[UNUS SED LEO] 1.2662614891 delta-green.png 0.0569864

Crypto.com Coin 0.164286887347 delta-green.png 0.24773

 

Other great coins

 

Name                             Price (USD)

Cardano 0.133532982486 delta-green.png 2.62753

Steem 0.244569891792 delta-green.png 6.08048

Hive 0.267727656116 delta-red.png -2.27091

Bitcoin 11882.4635224 delta-green.png 0.839562

Ethereum 416.558038594 delta-green.png 1.6027

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