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Bitcoin News Roundup for July 21, 2020
With the price of BTC catching a bid in early trading, CoinDesk's Markets Daily is back with another bitcoin news roundup.
Updated Sep 14, 2021, 9:33 a.m. Published Jul 21, 2020, 4:00 p.m.
With the price of BTC catching a bid in early trading, CoinDesk's Markets Daily is back with another bitcoin news roundup.
STORY CONTINUES BELOW
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This episode is sponsored by Bitstamp and Crypto.com.
Today's Bitcoin News:
First Mover: Bitcoin Shows Signs of Life But Ether (And Crew) Steal the Limelight
- In the race to become the dominant cryptocurrency platform, Ethereum is gaining on Bitcoin.
Bitcoin Rises With Stocks as EU Agrees €750B in Coronavirus Stimulus
- Bitcoin edged higher on Tuesday as stock markets cheered the EU's decision to approve a landmark coronavirus recovery fund.
Whale Alert Identifies 1.125 Million BTC as Satoshi's Stash
- New on-chain analysis from Whale Alert suggests Satoshi Nakamoto mined an estimated 1,125,150 in bitcoin, now worth an estimated $10.9 billion.
Colorado Is Betting on ETHDenver and Web 3 for Its Next Lottery Games
- Eyeing a billion-dollar revenue goal by 2023, the state-run lottery is getting creative with its game offerings.
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- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Higit pang Para sa Iyo
SGX's Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange Boss Says
Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn said.
Ano ang dapat malaman:
- SGX's bitcoin and ether perpetual futures are building liquidity incrementally, Michael Syn, president of the Singapore exchange, said.
- Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, he added.
- The exchange's regulated perpetual futures offer improved risk-management practices, avoiding the high-leverage auto-liquidations common in unregulated markets.
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