Bitcoin News Roundup for July 6, 2021
With bitcoin around $34K and a look at the much-watched "stock-to-flow" pricing model's growing divergence from reality, CoinDesk’s Markets Daily is back with the latest news roundup.
ABOUT
With bitcoin around $34K and a look at the much-watched "stock-to-flow" pricing model's growing divergence from reality, CoinDesk’s Markets Daily is back with the latest news roundup.
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This episode is sponsored by Kava and Nexo.io.
Today's Stories:
Futures, Stocks Steady as Yields Rise on Oil Surge
Up to 1,500 businesses affected by ransomware attack, U.S. firm's CEO says
LSE-Listed Argo Blockchain Is Weighing Listing on Nasdaq
Bitcoin Trims Gains as PBOC Steps Up Crypto Crackdown
Brazil's Bitcoin Banco Group and Leader Arrested for Alleged Embezzlement of $300M in Crypto
CoinShares to Buy Elwood's ETF Index Business for $17M
EY Releases Zero-Knowledge Layer to Tackle Increasing Ethereum Costs
Most Institutional Investors Expect to Increase Crypto Exposure by 2023: Study
Coinbase to Woo India Recruits With $1,000 in Crypto
Fed's Powell May Have Met With Coinbase CEO in May
Facebook's Substack rival Bulletin raises antitrust questions about predatory pricing
Featured Story: Bitcoin Stock-to-Flow Price Ratio is Echoing Early 2019
HOST
Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.
Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.
With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

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