Crypto Roundup: August 17th, 2020

Leading cryptocurrency Bitcoin is cementing its position as a mainstream macro asset. As cryptocurrency was advertised on TV screens nationwide last week, and in the pages of the Financial Times, the bitcoin adoption rush has intensified. Day trading social media mogul Dave Portnoy is dabbling in cryptocurrency, and MicroStrategy, a listed company with over $1…

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Crypto Market Analysis: 17th August 2020

Simon Peters, market analyst: Bitcoin teases us at $12,000  Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took…

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