Share this article

Bitcoin News Roundup for April 21, 2020

Bitcoin drops thanks to the oil crisis while a hacker returns $25 million in stolen crypto. It's CoinDesk's Markets Daily podcast.

Updated Sep 14, 2021, 8:31 a.m. Published Apr 21, 2020, 4:00 p.m.
MD FEB 27 RELEASE

Bitcoin drops thanks to the oil crisis while a hacker returns $25 million in stolen crypto. It's CoinDesk's Markets Daily podcast.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Todays stories:

Bitcoin Under Pressure After Oil Prices Crash to Record Lows

dForce Hacker Returns Almost All of Stolen $25M in Crypto

European Contact Tracing Consortium Faces Wave of Defections

Big Tech Signs Rare Open Source Pledge During Coronavirus

Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials

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

More For You

Concerns over Strategy selling bitcoin are 'unfounded,' Michael Saylor says

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Strategy Executive Chairman Michael Saylor affirmed the firm’s commitment to a long-term bitcoin strategy following major fourth quarter losses and a continued plunge in prices early this year.

What to know:

  • Michael Saylor said concerns that Strategy will be forced to sell bitcoin amid price declines are unfounded and reiterated the company has no plans to stop further acquisition of BTC.
  • Saylor framed bitcoin’s sharp price swings as both a risk and a feature of “digital capital,” arguing it will outperform traditional assets over the next four to eight years and stressing that the firm’s balance sheet carries no credit risk.