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Bitcoin News Roundup for June 24, 2020
With miners transferring more bitcoin now compared to any point in the last year, police misconduct on Ethereum and a new inter-blockchain hub out of China, Markets Daily is back with another news roundup.
Updated Dec 6, 2022, 6:28 p.m. Published Jun 24, 2020, 4:00 p.m.
With miners transferring more bitcoin now compared to any point in the last year, police misconduct on Ethereum and a new inter-blockchain hub out of China, Markets Daily is back with another news roundup.
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Miners Are Sending Bitcoins to Exchanges Again – and That May Be Bearish
A sudden spike in miner outflows of bitcoin to exchanges makes the cryptocurrency vulnerable to a price drop, according one analyst.
Activists Document Police Misconduct Using Decentralized Protocol:
Built on the InterPlanetary File System and the Ethereum blockchain, the protocol lets anyone file police misconduct reports anonymously.
How Chainlink and Cosmos Fit Into China's Grand Blockchain Initiative
Chainlink will help the state-backed Blockchain-Based Service Network with oracles, and Cosmos-powered Irisnet will assist with interoperability.
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Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts
Spot trading volumes are cooling, and investor enthusiasm is fading amid a lack of structural growth drivers, analysts wrote in a new report.
Что нужно знать:
- Barclays forecasts lower crypto trading volumes in 2026, with no clear catalysts to revive market activity.
- Spot market slowdowns pose revenue challenges for retail-focused platforms like Coinbase and Robinhood, the bank said.
- Regulatory clarity, including pending market structure legislation, could shape long-term market growth despite near-term headwinds.
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