DAILY CRYPTO NEWS AND MARKET RECAP On 16th June 2020

DAILY CRYPTO NEWS AND MARKET RECAP On 16th June 2020


Coin news

 

Market Wrap: Bitcoin Drops, Then Pops as Traders See Weaker Markets Coming!

by coindesk.com
Roller-coaster daily trading for bitcoin Monday isn't convincing traders a larger crypto bull market is in the cards. ...

Sorry, Bloomberg: Here Are 6 Reasons Why 2020 Is a Great Year for Bitcoin!

by coindesk.com
A Bloomberg senior editor today argued there were six reasons why 2020 was bad for bitcoin. Here’s the opposite case....

CME Bitcoin Options Market Grew 10x in the Past Month!

by coindesk.com
CME Group’s bitcoin options market grew tenfold within a month and recorded six consecutive all-time highs for open interest so far this month. ...

Inactive Bitcoin Supply Reaches 4-Year High, Pointing to Bullish Sentiment!

by coindesk.com
A majority of bitcoins haven’t moved in at least a year, according to on-chain data, signaling investor confidence amid macroeconomic uncertainty. ...

Business Is Booming for DeFi Insurer Nexus Mutual Ahead of Ethereum 2.0!

by coindesk.com
Nexus Mutual, an alternative insurance provider for a variety of Ethereum-based DeFi protocols, has seen its risk pool double over the past 90 days to more than $4 million....

Blockchain Bites: JPMorgan on Bitcoin, South Korea on CBDCs and the Porn Industry on Crypto!

by coindesk.com
JPMorgan bond analysts think bitcoin has passed its first stress test while South Korea's central bank is continuing to research CBDCs....

Bitcoin News Roundup for June 15, 2020!

by coindesk.com
With bitcoin and ether both down on the day, CoinDesk's Markets Daily is back!...

First Mover: Cardano’s No Ethereum Killer Yet, but It’s Winning in Crypto Markets!

by coindesk.com
Cardano's ADA token is racking up impressive gains this year, possibly over speculation the network's early adoption of a proof-of-stake blockchain might help it win a growing share of the DeFi space. ...

Bitcoin Price Drop May Be a Bear Trap, Options Market Suggests!

by coindesk.com
The put-call volume ratio of bitcoin options suggests Monday's price decline could be short-lived. However, the cryptocurrency remains vulnerable to a further sell-off in stocks....

Encrypted Messaging Site Privnote Cloned to Steal Bitcoin!

by coindesk.com
The free web service, which lets users send encrypted messages that self-destruct once read, has been copied with the reported aim of redirecting users' bitcoin to criminals. ...

JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)!

by coindesk.com
Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March's global market meltdown, JPMorgan analysts told investors....

 

Winners and losers

 

Top 5 winners

 

Name                         Price (USD)

Maker 546.636093452 delta-green.png 7.55484

Cardano 0.0786286493319 delta-green.png 2.42183

Tezos 2.63114352382 delta-green.png 1.26314

XRP 0.19332852847 delta-green.png 0.904082

Bitcoin 9454.79174445 delta-green.png 0.770642

 

Top 5 losers

 

Name                            Price (USD) 

Bitcoin SV 175.975966315 delta-red.png -2.13214

Neo 10.4729304325 delta-red.png -1.85025

Monero 64.7544724047 delta-red.png -1.55928

Binance Coin 16.4105144255 delta-red.png -1.3467

Dash 72.1226394503 delta-red.png -1.21785

 

Other great coins

 

Name                         Price (USD)

Steem 0.200655759188 delta-red.png -2.21222

Hive 0.25310155734 delta-red.png -1.81438

Ethereum 231.149519521 delta-red.png -1.2173

 

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