Bitcoin News Roundup for May 15, 2020
BTC hovers at $9K while Australia knocks out Bitcoin sales. This is CoinDesk's Markets Daily Podcast.

BTC hovers at $9K while Australia knocks out unlawful bitcoin sales. This is CoinDesk's Markets Daily Podcast.
This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fundhttps://grayscale.co/coindesk.
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Today's stories:
Bitcoin's Price Has Bounced but Miners May Still Be Switching Off Post-Halving
First State-Owned Entity Joins Libra Association
Australian Woman Charged With Unlawfully Exchanging Over $3M in Crypto
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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State of the Blockchain 2025

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
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Bitcoin's growing roadblock: The trendline from $126,000 limits gains

Trendline from record highs capped BTC's recovery attempt Monday.
What to know:
- BTC's recovery attempts on Monday ran into a glass ceiling - trendline from record highs.
- A potential breakout would confirm a bearish-to-bullish trend change.











