Bitcoin News Roundup for June 9, 2020

With the price of bitcoin again struggling to breach $10,000 and volatility falling to recent lows, CoinDesk's Markets Daily is back with another bitcoin news roundup.

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With the price of bitcoin again struggling to breach $10,000 and volatility falling to recent lows, CoinDesk's Markets Daily is back with another bitcoin news roundup.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

This episode is sponsored by Bitstamp and Ciphertrace

Today's stories:

Market Wrap: $10,000 Remains Bitcoin's Price to Beat

Store of value? Bitcoin has outperformed gold and trounced U.S. equities so far this year.

Pentagon War Game Envisioned a Generation-Z Rebellion Funded by Bitcoin

The war game was designed in 2018 to prepare troops for future conflicts fought on computers rather than on the battlefield.

Media Startup Civil Shuts Down, Team Absorbed Into Decentralized ID Efforts at ConsenSys

Blockchain media startup Civil is shutting down after three years, with its team pivoting to building decentralized identity tools at parent firm ConsenSys.

Crypto News Outlet BlockTV Shuts Down, Citing Impact of COVID-19

Cryptocurrency-focused media startup BlockTV has shut down operations due to the economic strains of the COVID-19 crisis, according to two former employees.

Winklevoss Twins to Help Adapt 'Bitcoin Billionaires' Book for Film

Cameron and Tyler Winklevoss will help produce a film based on the best-selling book that featured their entrance into the world of bitcoin.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

RealFi 169 Image

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.