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Bitcoin News Roundup for July 31, 2020

With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan's central bank, CoinDesk's Markets Daily is back.

Markets Daily Front Page Adam Lyllah

With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan's central bank, CoinDesk's Markets Daily is back.

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

This episode is sponsored by Bitstamp and Crypto.com.

Today's Bitcoin News:

Bitcoin on Track for Highest July Price Gain in 8 Years

Bitcoin appears on track to register its best July price performance for eight years and confirm a major bullish breakout in the process.

Dollar Falls to Lowest Level in Over 2 Years While Gold, Silver, Bitcoin Continue to Shine

The dollar index dropped to its lowest level since May 2018.

Bank of Japan Puts Top Economist in Charge of Digital Yen Initiative

The central bank's most senior economist now runs the department responsible for the digital currency task force and working group with other central banks.

Bank of England Building Payments Network to Support a Potential Digital Pound

CoinDesk has learned the Bank of England's new settlement system is being built so it can be compatible with a digital currency.

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

Adam B. Levine

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.

Adam B. Levine
Lyllah Ledesma

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds a master's degree from New York University in Business and Economics and an undergraduate degree in Political Science from the University of East Anglia. Lyllah holds bitcoin, ether and small amounts of other crypto assets.

Lyllah Ledesma