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Crypto News Roundup for Feb. 7, 2020
With bitcoin meeting new resistance at $9850, Markets Daily is back with our daily news roundup
Updated Dec 6, 2022, 6:28 p.m. Published Feb 7, 2020, 5:00 p.m. 1 min read
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🚨NEW EPISODE: #CryptoRoundUp w/ @johnbiggs and @gamerandy. A daily dive into news and trends impacting markets.
— CoinDesk (@CoinDesk) February 7, 2020
Today's Topics:
• Bitcoin rolling to $10K?
• A unique Ethereum elegy
• Chinese phone makers take on Googlehttps://t.co/iCHaToqyMe pic.twitter.com/S1gQxdlxnP
Today's stories:
Bitcoin Has Erased Over 45% of 2019 Sell-Off in Just 7 Weeks
London Block Exchange Placed Into Compulsory Liquidation
SEC Commissioner Hester Peirce Proposes 3-Year Safe Harbor Period for Crypto Token Sales
China's Coronavirus Whistleblower Is Now Memorialized on Ethereum
Exclusive: China's mobile giants to take on Google's Play store - sources
For early access before our regular noon Eastern Time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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The S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The biggest cryptocurrencies still drifted lower, with Hyperliquid's HYPE the only major name to rally.
What to know:
- U.S. stocks and oil rallied, with the S&P 500 logging a ninth straight weekly gain and Brent crude hovering near $92 a barrel on hopes for a U.S.-Iran ceasefire extension.
- Major cryptocurrencies lagged the macro rally, with bitcoin, ether and other large-cap tokens falling around 2% to 6% amid cooling...
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