Share this article
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.
Make us preferred on Google
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
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks
The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.
What to know:
- Bitcoin rallied above $89,000 as remarks by President Trump sent the dollar to its lowest level in nearly four years.
- Gold rose to a new record above $5,200 per ounce following the president's comments.
- One analyst is seeing a bullish technical divergence which could send bitcoin back to $95,000 in short order.
Top Stories
