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Bitcoin News Roundup for May 11, 2020
Bitcoin's third halving, Consensus:Distributed and a pullback after the bulls make another run at $10,000. It's Markets Daily from CoinDesk.
Updated Dec 11, 2022, 7:35 p.m. Published May 11, 2020, 1:20 p.m. 1 min read
Bitcoin's third halving, Consensus: Distributed and a pullback after the bulls make another run at $10,000.
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 ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.
Today's stories:
CME Says Volume Surge Shows Strong Institutional Interest Before Bitcoin Halving
Coinbase Suffers Brief Outage as Bitcoin Tumbles 10% in 30 Minutes
North Korean Hackers Ramp Up Efforts to Steal Crypto Amid Coronavirus Pandemic
Croatian Financial Regulator Approves Bitcoin Fund
Blockchain Bites: Your Guide to Consensus Distributed
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica 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.
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- 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.
- Major cryptocurrencies lagged the macro rally, with bitcoin, ether and other large-cap tokens falling around 2% to 6% amid cooling...
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