Crypto News Roundup for July 27, 2020

With BTC breaking out, ETH exploding and gold at all-time highs, CoinDesk’s Markets Daily is back with another crypto news roundup.

It’s a tricky thing to explain why bitcoin has been underperforming as central bank money printing helps drive gold to a new record. 

Ethereum’s popularity with DeFi projects has likely led to a triple-digit year-to-date price rise for ether. Bitcoin lags well behind with a 34% gain.

Parts of fintech may be embracing crypto, but Noelle Acheson argues that doesn’t mean crypto is fintech – it’s more than that. 

The total value of ether locked in DeFi’s oldest project has surpassed $1 billion for the first time.


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Source: Coindesk