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Bitcoin News Roundup for July 1, 2020

With a historically boring update to bitcoin's mining difficulty and the digital dollar back in the news, CoinDesk's Markets Daily is back for your bitcoin news roundup.

Обновлено 6 дек. 2022 г., 6:28 p.m. Опубликовано 1 июл. 2020 г., 4:35 p.m. 1 min readПереведено ИИ
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With a historically boring update to bitcoin's mining difficulty and the digital dollar back in the news, CoinDesk's Markets Daily is back for your 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 Crypto.com.

Today's news:

First Mover: Bitwise Calls $50K Bitcoin Price When Market Calm Finally Breaks

Bitwise suggests bitcoin could be looking at territory well north of the previous $20,000 all-time high.

Market Wrap: Crypto Market Eerily Quiet as Bitcoin Stuck Near $9K

Bitcoin volatility continues to drop as the price stays within a tight range and traders wait for a breakout in either direction.

Bitcoin's Mining Difficulty Has Rarely Been This Static in a Decade

Bitcoin's mining difficulty just posted the smallest percentage change in 10 years.

DC Lawyers Can Now Accept Crypto for Legal Fees

The District of Columbia Bar has approved crypto payments for lawyers' fees.

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday's Hearing

While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.

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.

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  • 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...