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Bitcoin News Roundup for May 15, 2020

BTC hovers at $9K while Australia knocks out Bitcoin sales. This is CoinDesk's Markets Daily Podcast.

Updated Dec 11, 2022, 7:37 p.m. Published May 15, 2020, 4:00 p.m.
MD FEB 27 RELEASE

BTC hovers at $9K while Australia knocks out unlawful bitcoin sales. This is CoinDesk's Markets Daily Podcast.

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This episode is sponsored by ErisXThe Stellar Development Foundation and Grayscale Digital Large Cap Investment Fundhttps://grayscale.co/coindesk.

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

Today's stories:

Bitcoin's Price Has Bounced but Miners May Still Be Switching Off Post-Halving

First State-Owned Entity Joins Libra Association

Pantera Capital's Crypto Hedge Funds Are Losing Double Digits, but Its Bitcoin Fund Is Up 10,000% to Date

Australian Woman Charged With Unlawfully Exchanging Over $3M in Crypto

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

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  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
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Strive CEO Matt Cole speaks at BTC Asia in Hong Kong (screenshot)

The bitcoin treasury firm is using perpetual preferreds to retire convertibles, offering a potential framework for managing long-dated leverage.

What to know:

  • Strive upsized its SATA follow on offering beyond $150 million, pricing the perpetual preferred at $90.
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