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Bitcoin News Roundup for June 11, 2020

With BTC and global equity markets down more than 1% on the day, CoinDesk’s Markets Daily is back with your bitcoin news roundup.

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

Today’s bitcoin news:

With the U.S. Federal Reserve dashing hopes of a V-shaped recovery, it’s uncertain whether bitcoin will become a store of value or begin to track stocks. 

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

The ministry argued the draft ban would be harmful for Russia’s economy and citizens, and called for a softer stance. 

More than 2,000 vending machines in Australia and New Zealand will let customers purchase Coke products using bitcoin.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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