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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.
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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.
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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.
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