Bitcoin News Roundup for April 16, 2020

Bitcoin did something weird last night and Facebook scales back its stablecoin plans. It’s CoinDesk’s Markets Daily podcast.

Today’s stories:

Bitcoin Price Spikes Above $7.1K, Liquidating $23 Million on BitMEX

Related: Bitcoin Maximalism, Entrepreneurs and COVID-19 in Zimbabwe (Part 5 of a Six-Part Documentary Podcast Series)

This App Tracks the Impact of Your Donation to Combat Coronavirus

Mystery Hacker Tries to Steal Crypto Through Fake Google Chrome Wallet Extensions

Libra Scales Back Global Currency Ambitions in Concession to Regulators

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

Related Stories

• What the Economy Will Look Like 6 Months From Now, Feat. Ryan Selkis
• Bitcoin News Roundup for April 15, 2020
• The $20,000 Human IPO and 5 Other Crypto Stories That Have Nothing to Do With COVID-19