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Bitcoin News Roundup for May 14, 2020
Ether whales are headed to bitcoin while Reddit rolls out Community Points. It's CoinDesk's Markets Daily Podcast.
Updated Dec 11, 2022, 7:27 p.m. Published May 14, 2020, 4:30 p.m. 1 min read
Ether whales may be headed to bitcoin while Reddit rolls out Community Points. It's CoinDesk's Markets Daily Podcast.
This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.
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:
Many Ether Whales Might Be Leaving for Bitcoin: Data
Reddit Rolls Out 'Community Points' on Ethereum to Incentivize Positive Behavior
Overstock Files to Dismiss 'Meritless' Fraud Lawsuit Over Its Digital Dividend
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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From May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, with Ripple’s earlier reported XRP treasury plan still awaiting confirmation.
What to know:
- U.S.-listed spot XRP ETFs drew $11.88 million in net inflows on May 29, extending a week of gains even as bitcoin and ether funds saw continued redemptions.
- Total net assets in U.S. XRP ETFs now stand near $1.12 billion, with about $35 million added since May 20 while bitcoin and...
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