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Bitcoin News Roundup for June 29, 2020
After a rough weekend, the price of BTC is back above $9,000 and Markets Daily from CoinDesk is here with another bitcoin news roundup.
Updated Dec 6, 2022, 6:28 p.m. Published Jun 29, 2020, 4:00 p.m.
After a rough weekend, the price of BTC is back above $9,000 and Markets Daily from CoinDesk is here with another bitcoin news roundup.
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This episode is sponsored by Bitstamp and Ciphertrace.
Today's stories:
Bitcoin Closes in the Green Sunday to End Longest Daily Losing Run in 6 Months
Bitcoin chalked out minor price gains on Sunday, ending its longest run of daily losses for half a year and avoiding a break below the ongoing restricted trading range.
Many Bitcoin Developers Are Choosing to Use Pseudonyms – For Good Reason
Whether out of concern for personal security or a desire to preserve privacy, many Bitcoin developers are known to the world only by their pseudonyms.
World's Biggest Mining Firm Makes First Ore Trade on a Blockchain
BHP has completed its first trial trade transaction of iron ore with China's Baosteel using blockchain technology.
Crypto Long & Short: What Trends in Volatility Could Mean for Bitcoin
Bitcoin’s investment narrative is evolving as the role of volatility is changing in both crypto and traditional markets.
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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.
What to know:
- 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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