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Bitcoin News Roundup for Aug. 26, 2020

With bitcoin’s silver lining and Ribbit’s $350 million “Blank Check,” CoinDesk's Markets Daily is back for your latest crypto news roundup!

Автор Lyllah Ledesma
Оновлено 14 вер. 2021 р., 9:48 дп Опубліковано 26 серп. 2020 р., 4:00 пп 1 min readПерекладено AI
Markets Daily Front Page Adam Lyllah

With bitcoin’s silver lining and Ribbit’s $350 million “Blank Check,” CoinDesk's Markets Daily is back for your latest crypto news roundup!

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

This episode is sponsored by Crypto.comBitstamp and Nexo.io.

Today's Stories:

Bitcoin Drop Squeezes Out Weak Derivatives Positions – And That May Be a Good Thing

Bitcoin’s latest price drop may have a silver lining.

Crypto and Fintech VC Ribbit Capital Seeks $350M in 'Blank Check' IPO

While it's unclear how much Ribbit Leap will focus on crypto or blockchain acquisitions, it comes at a time of renewed exuberance in the sector.

FTX Exchange's $150M Deal for Mobile-First Blockfolio Is a Retail Trading Play

The deal is a strategic play for FTX, whose clientele consists largely of quants and professional traders, to attract more retail customers.

Brazilian Lawmaker Proposes Crypto Regulations for a Country Devoid of Any

Brazil's crypto scene has been unbanked, unregulated and awash in legal uncertain for its entire history.

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

Higit pang Para sa Iyo

(Photo by Joshua Tsu on Unsplash/Modified by CoinDesk)

The Wall Street investment bank expects a wave of crypto and blockchain public listings over the next two years as institutional investors shift their focus from speculative trading to real-world financial infrastructure.

Ano ang dapat malaman:

  • Jefferies expects a surge of crypto and blockchain-related public listings over the next two years, projecting the sector could become a $1 trillion public market within five years.
  • Institutional investors are shifting focus from bitcoin price speculation to the integration of blockchain infrastructure into core financial systems, including tokenized money...