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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. 1 min read
MD FEB 27 RELEASE

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

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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(CoinDesk)

From May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, with Ripple’s earlier reported XRP treasury plan still awaiting confirmation.

What to know:

  • U.S.-listed spot XRP ETFs drew $11.88 million in net inflows on May 29, extending a week of gains even as bitcoin and ether funds saw continued redemptions.
  • Total net assets in U.S. XRP ETFs now stand near $1.12 billion, with about $35 million added since May 20 while bitcoin and...