Bitcoin News Roundup for Aug. 18, 2020


With bitcoin’s exchange reserves at a 20-month low and its hashrate getting soaked in Sichuan, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

The amount of bitcoin held on crypto exchanges is down to a 21-month low, a sign investors are feeling bullish.

It’s been a busy time with bitcoin rising to a new key level, Warren Buffett buying a gold miner and ethereum classic’s possible delisting.

Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan.

Binance’s charity arm is donating $20,000 to the victims of an explosion that rocked Lebanon’s capital earlier this month.

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