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Bitcoin News Roundup for June 12, 2020
With the price of BTC dropping more than 6% overnight, CoinDesk's Markets Daily is back with your bitcoin news roundup.
Updated Sep 14, 2021, 8:51 a.m. Published Jun 12, 2020, 4:06 p.m.
With the price of BTC dropping more than 6% overnight, CoinDesk's Markets Daily is back with your bitcoin news roundup.
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This episode is sponsored by Bitstamp and Ciphertrace.
Today's stories:
Why Bitcoin Suddenly Dropped 6% on Thursday
The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here are three likely reasons why.
Quadriga Was a Ponzi Scheme, Ontario Securities Regulator Says
The Ontario Securities Commission has published a scathing report calling now-defunct Canadian exchange QuadrigaCX a "Ponzi," and denouncing the practices of founder and CEO Gerald Cotten.
Unstoppable Domains Taps IPFS for Censorship-Resistant Blogging Platform
Decentralized blogging is coming to a .crypto URL near you thanks to a partnership between Unstoppable Domains and Protocol Labs.
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L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
需要了解的:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
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Bitcoin will be 'top performer' in 2026 after getting crushed this year, says VanEck
VanEck's David Schassler expects gold and bitcoin to rebound sharply as investor demand for hard assets is expected to rise.
需要了解的:
- Bitcoin has underperformed compared to gold and the Nasdaq 100 this year, but a VanEck manager predicts a strong comeback in 2026.
- David Schassler, the firm's head of multi-asset solutions, expects gold's surge to continue to $5,000 next year as fiscal "debasement" accelerates.
- Bitcoin will likely follow gold’s breakout, driven by returning liquidity and long-term demand for scarce assets.
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