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Bitcoin News Roundup for July 10, 2020
With the price of BTC headed down and the Fed's largest balance sheet decline in 11 years, CoinDesk's Markets Daily is back for your bitcoin news roundup!
Updated Sep 14, 2021, 9:29 a.m. Published Jul 10, 2020, 4:00 p.m.
With the price of BTC headed down and the Federal Reserve's largest balance sheet decline in 11 years, CoinDesk's Markets Daily is back for your bitcoin news roundup!
STORY CONTINUES BELOW
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This episode is sponsored by Bitstamp and Crypto.com.
Today's Bitcoin News:
The Federal Reserve's Declining Balance Sheet Is Bearish for Bitcoin. Or Is It?
The Fed’s balance sheet just dropped the most in 11 years, but despite popular opinion that is not necessarily bad news for bitcoin.
BitClub Programmer Admits Mining Scheme Stole $722M in Bitcoin
The Romanian programmer pleaded guilty to wire fraud and the offering and sale of unregistered securities.
A Rare Glimpse Into How Crypto Is Really Used in Venezuela
After airdropping cryptocurrency to 60,000 users in Venezuela, AirTM survey results suggest how crypto is really used in the economically troubled nation.
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One of the amendments in the new release corrects an accounting error affecting Multi-Purpose Tokens (MPTs) held in escrow.
What to know:
- The XRP Ledger released version 3.0.0 of its server software, rippled, focusing on amendments, bug fixes and improving accounting accuracy and protocol extensibility.
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