Bitcoin Daily – August 18

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$12,235

Bitcoin price shot through the $12,000 mark yesterday, hitting new highs for this year. Price reached almost $12,500, before cooling off.

Top-20 altcoins have stagnated after their recent run, as Ethereum and XRP remain unchanged, Litecoin gains 2%, and Chainlink tumbles a whopping 16%.

Top Stories for August 18, 2020 🔥

👉 Grayscale Bitcoin Cash and Litecoin Trusts Now Publicly Available 

Grayscale Investments have announced that their Bitcoin Cash and Litecoin Trusts can now be invested in publicly, after receiving DTC eligibility.

Before today, shares in the two trusts were available strictly to accredited and institutional investors in private sales.

Over-the-counter markets will make each of the trusts available, trading under the tickers BCGG and LTCN.

👉 Paris Hilton Auctions Digital Cat Painting for $17,000 in ETH

Paris Hilton has announced her successful sale of a digital painting of her pet cat via auction, fetching 40ETH, worth $17,000.

The sale was performed through Cryptograph, an Ethereum-base auction platform. Proceeds from the image will be allocated to three charities in the US.

👉 Goldman Sachs to Hire VP of Digital Assets

Goldman Sachs is on the lookout for a vice president for its Digital Assets team, to work alongside recent hire Mathew McDermott.

The new VP will assist with "“defining and executing" the firm's blockchain efforts, "including any potential initiatives in the cryptocurrency space”.

Goldman Sachs demonstrated interest in launching a new stablecoin in August.

 

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