Bitcoin News Roundup for June 10, 2020
As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run.

As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run.
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This episode is sponsored by Bitstamp and Ciphertrace
Today's stories:
Another Data Point Suggests Bitcoin Close to Prolonged Bull Market
Bitcoin could be on the verge of breaking into a multi-month bull run, according to a lesser-known data metric.
Decrypt: The Bitcoin millionaires club is growing again
Decrypt: A practice exam in China just asked students about Bitcoin mining
Asia Crypto Today: Sichuan Bitcoin mining question included in Chinese University Entrance Exams
Number of Institutions Buying Crypto Futures Doubled in 2020: Fidelity Report
More than 85 U.S. institutions bought crypto futures last year, more than double the number touching the space in 2018, according to a new survey by Fidelity.
Deutsche Borse Exchange to List New Bitcoin Exchange-Traded Product
A London-based investment firm is listing a centrally cleared bitcoin exchange-traded product on Deutsche Borse’s Xetra in Germany.
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Protocol Research: GoPlus Security

What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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XRP Faces Downside Risk as Social Sentiment Turns Wildly Negative

The turn in crowd mood comes after a two-month slide of roughly 31%, leaving the token vulnerable to further downside if risk appetite weakens across majors.
What to know:
- XRP's price approached the $2 mark as social sentiment around the token turned sharply negative, according to Santiment data.
- The token has experienced a 31% decline over two months, making it vulnerable to further losses if market risk appetite weakens.
- Santiment's sentiment model indicates XRP is in a 'fear zone,' where negative commentary significantly outweighs positive talk, potentially influencing market positioning.











