Share this article
Bitcoin News Roundup for June 3, 2020
Not so good news for fans of $10K BTC. It's CoinDesk's Markets Daily Podcast.
Updated Sep 14, 2021, 8:47 a.m. Published Jun 3, 2020, 4:00 p.m.
Not so good news for fans of $10K BTC. It's CoinDesk's Markets Daily Podcast.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
This episode is sponsored by Bitstamp and Ciphertrace.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
Bitcoin's Price Drops by 8% in Less Than 5 Minutes
Bitcoin's price fell more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the red.
Crypto Criminals Have Already Stolen $1.4B in 2020, Says CipherTrace
The figure puts 2020 on track to become the second-costliest year in the history of crypto.
Blockchain Firms Flocked to Hong Kong in 2019: Report
Blockchain firms led the charge of fintech companies that relocated to Hong Kong in 2019.
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.
US Offers $5M Bounty for Arrest of Venezuela's Crypto Chief
The head of Venezuela's state-backed petro cryptocurrency has been added to the U.S Immigration and Customs Enforcement's Most Wanted list.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
More For You
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.
More For You
CME Group Expands Crypto Derivatives With Spot-Quoted XRP and Solana Futures
These are CME’s smallest crypto contracts to date, aimed at active participants who prefer to trade in spot market terms without managing contract expiries or rollovers.
What to know:
- CME Group has launched Spot-Quoted futures for XRP (XRP) and Solana (SOL), allowing for trading closer to real-time market prices.
- These are CME’s smallest crypto contracts to date, aimed at active participants who prefer to trade in spot market terms without managing contract expiries or rollovers.
- The launch also includes Trading at Settlement (TAS) for XRP, SOL and Micro futures, enabling traders to manage risk around crypto ETFs with added flexibility.
Top Stories
