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Bitcoin News Roundup for June 2, 2020
With the price of bitcoin briefly breaking above $10,000, CoinDesk's Markets Daily is back!
Updated Dec 6, 2022, 6:28 p.m. Published Jun 2, 2020, 4:00 p.m. 1 min read
With the price of bitcoin briefly breaking above $10,000, CoinDesk's Markets Daily is back!
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 Bitstamp and Ciphertrace.
BitMEX Sees Biggest Short Squeeze in 8 Months After Bitcoin Surge
A big short squeeze has taken bitcoin passed a major psychological hurdle – some think its the start of a breakout.
Bitcoin Rises Above $10K for First Time in 25 Days as Protests Roil US Cities
Bitcoin has risen above $10,000 for the first time in almost a month as protests in U.S. cities continue to intensify.
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner.
Maker of Coldcard Bitcoin Wallet Rolls Out an Extra-Strength 'USB Condom'
CoinKite, maker of the Coldcard hardware wallet, has introduced two accessories that underscore the near-paranoia required to safely hold bitcoin.
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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From May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, with Ripple’s earlier reported XRP treasury plan still awaiting confirmation.
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- U.S.-listed spot XRP ETFs drew $11.88 million in net inflows on May 29, extending a week of gains even as bitcoin and ether funds saw continued redemptions.
- Total net assets in U.S. XRP ETFs now stand near $1.12 billion, with about $35 million added since May 20 while bitcoin and...
