Bitcoin News Roundup for May 6, 2020

BTC stays above $9K while some new startups wrestle for market share. It's CoinDesk's Markets Daily Podcast.

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MD FEB 27 RELEASE

BTC stays above $9K while some startups wrestle for market share. It's CoinDesk's Markets Daily Podcast.

This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fundhttps://grayscale.co/coindesk.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

Today's stories:

Bitcoin Breaches $9.2K as Open Positions on CME Futures Hit 10-Month High

BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds

ChromaWay Expands Effort to Put Latin American Land Records on the Blockchain

ASX Accused of Trying to ‘Crush’ Rival Blockchain Trading System

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

RealFi 169 Image

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.