With new data from the Federal Reserve suggesting cryptocurrency might not be the answer to dire economic times, Markets Daily is back with your latest bitcoin news roundup!

Today’s stories:

The narrative that inflation arising from the massive coronavirus stimulus efforts would lead to a long-term rise in bitcoin’s price is looking weak with new data from the Federal Reserve.

Telegram has settled its six-month court case with the SEC, agreeing to pay $18.5 million in penalties and to notify the agency if it plans to issue another digital asset in the next three years. 

The tokens will be earned by Barcelona fans who participate in club decisions, such as deciding on a new mural for the first team changing room.

Public Citizen warned the U.S. Dept. of Energy that DMG Blockchain’s bid to export electricity could set a dangerous precedent.

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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