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Bitcoin News Roundup for May 4, 2020
May the BTC be with you. It's CoinDesk's Markets Daily podcast.
Updated Dec 11, 2022, 7:27 p.m. Published May 4, 2020, 4:00 p.m. 1 min read
May the BTC be with you this May the fourth. It's CoinDesk's Markets Daily podcast.
This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fundhttps://grayscale.co/coindesk.
Today's stories:
Bitcoin Price May Drop After Halving, Historical Data Shows
Bitfinex, Tether Seek Subpoenas Across US in Hunt for Missing $800M
US Court Dismisses Lawsuit Over Riot Blockchain's Crypto Pivot
US Senate Staffers Float Blockchain Voting if Chamber Goes Remote
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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...
