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Bitcoin News Roundup for Feb. 12, 2020

With bitcoin above $10,000 Markets Daily is back with our news roundup, plus a brief interview with CoinDesk senior markets reporter Brad Keoun.

Updated Dec 6, 2022, 6:28 p.m. Published Feb 12, 2020, 5:00 p.m.
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With bitcoin above $10,000, Markets Daily is back with our news roundup, plus a brief interview with CoinDesk Senior Markets Reporter Brad Keoun.

STORY CONTINUES BELOW
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Today's News:

Hacking group secretly mining crypto on Android-based smart TVs

Bitcoin Most Overbought in 2 Years After Price Rises Back Above $10K

Bitcoin's Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

Poloniex Crypto Exchange Forced to Roll Back Trades After Update Error

Cryptocurrency Proponent Andrew Yang Ends Presidential Bid

Today's show features a brief interview with CoinDesk Senior Markets Reporter Brad Keoun on his story:

Childhood Friends Battle Over Ownership of North America's Largest Bitcoin Mine

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For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

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Traders mull the bottom as bitcoin returns to week's lows below $86,000

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One analyst isn't quite ready to call a bottom, but says bitcoin is surely in an oversold condition.

What to know:

  • Bitcoin's early rally Wednesday seems a faint memory as the price has returned to the week's lows.
  • Precious metals continue to get bid, with silver rushing to yet another new record and gold closing in on an all-time high.
  • One analyst cautioned against reading too much into the current bitcoin price action due to year-end positioning and tax considerations.