Bitcoin News Roundup for June 10, 2020
As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run.

As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run.
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This episode is sponsored by Bitstamp and Ciphertrace
Today's stories:
Another Data Point Suggests Bitcoin Close to Prolonged Bull Market
Bitcoin could be on the verge of breaking into a multi-month bull run, according to a lesser-known data metric.
Decrypt: The Bitcoin millionaires club is growing again
Decrypt: A practice exam in China just asked students about Bitcoin mining
Asia Crypto Today: Sichuan Bitcoin mining question included in Chinese University Entrance Exams
Number of Institutions Buying Crypto Futures Doubled in 2020: Fidelity Report
More than 85 U.S. institutions bought crypto futures last year, more than double the number touching the space in 2018, according to a new survey by Fidelity.
Deutsche Borse Exchange to List New Bitcoin Exchange-Traded Product
A London-based investment firm is listing a centrally cleared bitcoin exchange-traded product on Deutsche Borse’s Xetra in Germany.
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Protocol Research: GoPlus Security

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.
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Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere

Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
What to know:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.











