Share this article
Bitcoin News Roundup for June 16, 2020
Stocks keep crypto down while Africa gets Lightning Nodes. It's CoinDesk's Markets Daily Podcast.
Updated Sep 14, 2021, 8:52 a.m. Published Jun 16, 2020, 4:04 p.m.
Stocks keep crypto down while Africa gets Lightning Nodes. 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.
Today's stories:
Bitcoin Rises to $9.6K as Stocks Cheer Additional US Stimulus Plans
A fresh stimulus "bazooka" from the Fed Reserve and the U.S. government lifted prices for both stocks and bitcoin.
One Man's Mission to Deploy Solar-Powered Bitcoin Nodes Across Africa
A Nigerian entrepreneur has released a $500 kit for building solar-powered Lightning nodes in hopes of expanding bitcoin adoption across Africa.
Bitcoin Miner Maker Canaan's Stock Hits Record Low 1 Month After Halving
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.
Mining Pools Distribute $2.4M Transaction Fee After Flood of Phoney Refund Claims [Updated]
Mining pool Ethermine said it would never freeze transaction fees again.
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
ARK steps in as crypto stocks extend multi-day selloff
Cathie Wood’s ARK Invest added to Coinbase, Bullish, Circle, and crypto miners during a continued drawdown that pushed listed crypto equities deeper into the red.
What to know:
- Cathie Wood's ARK Invest purchased nearly $60 million in crypto equities, including significant investments in Coinbase, Bullish, and Circle.
- ARK's strategy involves buying during market drawdowns, as evidenced by their recent purchases amid a multi-day slide in crypto stocks.
- Crypto stocks have been declining, with Bitmine, Circle, CoreWeave, Coinbase, and Bullish all experiencing notable drops.
Top Stories
