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Bitcoin News Roundup for May 28, 2020

Goldman talks down cryptocurrencies while Minecraft boots up tokenized assets. It's another episode of Markets Daily from CoinDesk!

Updated Dec 11, 2022, 7:35 p.m. Published May 28, 2020, 4:00 p.m. 1 min read
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Goldman talks down cryptocurrencies while Minecraft boots up tokenized assets. It's another episode of Markets Daily from CoinDesk!

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

This episode is sponsored by ErisXThe Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.

Read more: First Mover: Chainlink 'Marines' Are HODLing and Here's Why You Should Care

Chainlink, the blockchain oracle provider, apparently has not only a devoted group of backers known as "LINK Marines" but a surprisingly committed crew of long-term investors. Here's why.

Handshake Domains Bring in $10M as Race for Censorship-Resistant Websites Heats Up

During the coronavirus crisis, Handshake may be the leading free-speech-oriented crypto project. But is it just beginner’s luck?

Goldman Sachs: Cryptocurrencies 'Are Not an Asset Class'

Goldman Sachs held an investor call Wednesday to discuss current policies for bitcoin, gold and inflation. The stalwart investment bank is still no fan of bitcoin or other cryptocurrencies.

Enjin's New Minecraft Plugin Lets Players Spawn Blockchain Assets

Minecraft, one of the world’s most popular video games, has a new plug-in enabling players to place blockchain assets directly into their servers.

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

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The S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The biggest cryptocurrencies still drifted lower, with Hyperliquid's HYPE the only major name to rally.

What to know:

  • U.S. stocks and oil rallied, with the S&P 500 logging a ninth straight weekly gain and Brent crude hovering near $92 a barrel on hopes for a U.S.-Iran ceasefire extension.
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