Bitcoin News Roundup for Aug. 4, 2020

With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk's Markets Daily is back for your bitcoin news roundup!

Markets Daily Front Page Adam Lyllah

With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk's Markets Daily is back for your bitcoin news roundup!

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 Crypto.com, Bitstamp and Nexo.io.

Today's Stories:

Bitcoin Futures Interest Soars as Bond Yields Fall to Record Lows: Industry Exec

Surging open interest in crypto derivatives suggests investors are seeking alpha in other investments, such as bitcoin, said the co-founder of an index fund provider.

Blockchain Bites: Hedge Fund Down, Banana Bets and the Twitter Hack Fallout

Another crypto hedge fund has called it quits, the teenage Twitter hacker reportedly had millions in bitcoin and Huobi sees DeFi as its next venture.

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.