DAILY CRYPTO NEWS AND MARKET RECAP On 11th June 2020

DAILY CRYPTO NEWS AND MARKET RECAP On 11th June 2020


Coin news

 

Hut 8 Plans $7.5M Offering to Upgrade Bitcoin Mining Rigs!

by coindesk.com
Hut 8 Mining is looking to raise at least $7.5 million to upgrade its fleet of BlockBox bitcoin miners. ...

Market Wrap: Bitcoin Briefly Pops Past $10K as Fed Says Rates May Stay Near 0% Until 2022!

by coindesk.com
Cryptocurrency traders slapped the buy button on bitcoin during the Federal Reserve’s non-announcement announcement, but the run-up didn’t last. ...

Meet the Pro-Bitcoin, Anti-BitLicense Democrat Running for State Office!

by coindesk.com
Patrick Nelson has been an advocate for bitcoin in his seven-year political career. He wants to see New York's BitLicense reformed and blockchain voting used in special cases....

Coinbase Custody Deleted Tweet That Could Explain Surge in Tether Addresses!

by coindesk.com
In a now-deleted tweet, Coinbase Custody International announced on Twitter it was adding support for withdrawals and deposits in the stablecoin tether. ...

Fed Officials See Anemic Inflation Despite Trillion-Dollar Money Injections!

by coindesk.com
Federal Reserve officials see U.S. inflation as likely to stay below 2% over the next three years, based on a new summary of economic predictions released Wednesday by the central bank....

Human Rights Foundation Funds Bitcoin Privacy Tools Despite ‘Coin Mixing’ Legal Stigma!

by coindesk.com
The Human Rights Foundation took a strong stance on bitcoin privacy tech Wednesday by announcing its new Bitcoin Developer Fund....

Blockchain Bites: Libra’s Future, Elrond’s ‘Trial by Fire’ and LocalBitcoins’ Volume!

by coindesk.com
An unknown wallet set a $2.6 million ETH transaction fee and Hacker Noon announced it will test out Web 3.0 micropayments. ...

Bitcoin News Roundup for June 10, 2020!

by coindesk.com
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....

Microsoft Releases Bitcoin-Based ID Tool as COVID-19 ‘Passports’ Draw Criticism!

by coindesk.com
Microsoft’s Bitcoin-based decentralized identity tool, ION, just went live with a beta version on mainnet....

This Political Conversation With Vitalik Buterin Shows How Ethereum Could Change the World!

by coindesk.com
Congressional candidate Jonathan Herzog hosted a live YouTube broadcast with Ethereum creator Vitalik Buterin on Monday, along with author Glen Weyl. ...

Bakkt, Galaxy Digital to Offer Bitcoin Trading, Custody Solution for Institutions!

by coindesk.com
Bakkt and Galaxy Digital plan to offer a "white glove" trading and custody solution targeting institutions this year....

Bitcoin Doesn’t Take Sides: Why Apolitical Solutions Are the Internet’s Future!

by coindesk.com
Companies that take political stances are in a never-ending war with public opinion. Bitcoin doesn’t take sides and that's why it wins, says our columnist....

Hacker Noon Raises $1M From Former Ripple CTO’s Firm for Content Micro-Tipping!

by coindesk.com
Tech site Hacker Noon is adding micropayments following an integration with Coil that runs on the Interledger protocol....

First Mover: Bitcoin Bulls Might Get Negative Rates From Central Banks, Just Not the Fed!

by coindesk.com
The Fed may remain intransigent about negative rates, but bitcoin may benefit from other central bankers who are keeping the option firmly on the table....

 

Winners and losers

 

 

Top 5 winners

 

Name                           Price (USD)

Monero 69.3739024284 delta-green.png 1.65082

Bitcoin SV 194.022539869 delta-green.png 1.52002

Litecoin 46.5976736568 delta-green.png 1.24537

IOTA 0.250323767362 delta-green.png 1.14455

Ethereum 247.212418012 delta-green.png 0.92175

 

Top 5 losers

 

Name                        Price (USD)

Maker 670.62332756 delta-red.png -4.01459

Crypto.com Coin 0.114675723182 delta-red.png -2.52844

Huobi Token 4.43399225199 delta-red.png -1.22921

Neo 11.9663368953 delta-red.png -0.815946

Tezos 2.88609223582 delta-red.png -0.662602

 

Other great coins

 

Name                        Price (USD) 

Cardano 0.0837247430561 delta-green.png 0.188086

Steem 0.222706355265 delta-red.png -3.25999

Hive 0.247617708185 delta-red.png -1.38639

Bitcoin 9869.58405276 delta-green.png 0.780647

 

 

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