Share this article
Bitcoin News Roundup for July 1, 2020
With a historically boring update to bitcoin's mining difficulty and the digital dollar back in the news, CoinDesk's Markets Daily is back for your bitcoin news roundup.
Updated Dec 6, 2022, 6:28 p.m. Published Jul 1, 2020, 4:35 p.m.
With a historically boring update to bitcoin's mining difficulty and the digital dollar back in the news, CoinDesk's Markets Daily is back for your bitcoin news roundup.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
This episode is sponsored by Bitstamp and Crypto.com.
Today's news:
First Mover: Bitwise Calls $50K Bitcoin Price When Market Calm Finally Breaks
Bitwise suggests bitcoin could be looking at territory well north of the previous $20,000 all-time high.
Market Wrap: Crypto Market Eerily Quiet as Bitcoin Stuck Near $9K
Bitcoin volatility continues to drop as the price stays within a tight range and traders wait for a breakout in either direction.
Bitcoin's Mining Difficulty Has Rarely Been This Static in a Decade
Bitcoin's mining difficulty just posted the smallest percentage change in 10 years.
DC Lawyers Can Now Accept Crypto for Legal Fees
The District of Columbia Bar has approved crypto payments for lawyers' fees.
Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday's Hearing
While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Asia Morning Briefing: BTC Steadies Around 90k With Liquidity Drained and a Fed Cut Fully Priced In
QCP notes participation has collapsed while Polymarket sees a shallow easing path, putting the focus on guidance and cross central bank signals.
What to know:
- Bitcoin remains around $90,000 as thin year-end liquidity leads to volatility and range-bound trading.
- Traders expect a shallow easing path from the Fed, with more focus on guidance than the anticipated rate cut.
- Global market movements are influenced by diverging central bank policies and macroeconomic signals.
Top Stories
