Share this article
Bitcoin News Roundup for June 1, 2020
With bitcoin and ether both headed up, CoinDesk's Markets Daily is back with your bitcoin news roundup.
Updated Dec 6, 2022, 6:28 p.m. Published Jun 1, 2020, 4:04 p.m.
With bitcoin and ether both headed up, CoinDesk's Markets Daily is back with 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 Ciphertrace
Ether Leads Bitcoin on Price as Investors Prepare for Staking Arrival
Bitcoin has put in a positive June performance in six out of the last eight years. But Ethereum is drawing new investors with the start of staking due this year.
Bug in 'Timelocked' Bitcoin Contracts Could Spur Miners to Steal From Each Other
A widespread bug has compromised a special type of bitcoin transaction that is supposed to discourage miners from cheating, new research shows.
Chase Bank to Refund 95% of $2.5M It Allegedly Overcharged Crypto Buyers
The JPMorgan subsidiary has agreed to repay most of $2.5 million it took in credit card fees for cryptocurrency purchases.
Russia Is About to Drop the Crypto 'Iron Curtain,' Industry Warns
Russia's crypto community is pushing back against a set of bills that could impose onerous restrictions on startups and individuals in the country.
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
Bitcoin Rebounds to $93K From Post-Fed Lows, but Altcoins Remain Under Pressure
Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out of the woods, said one analyst.
What to know:
- Bitcoin rebounded from a sharp early selloff on Thursday to trade above $93,000 shortly after the close of U.S. stocks.
- The late-day gain in bitcoin came alongside a rebound in the Nasdaq from big morning losses; the tech index closed with just a 0.25% loss.
- Downward pressure on bitcoin is losing steam, said one analyst, but the market is not yet out of the woods.
Top Stories
