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Bitcoin News Roundup for June 3, 2020

Bitcoin News Roundup for June 2, 2020

Not so good news for fans of $10K BTC. It’s CoinDesk’s Markets Daily Podcast.

This episode is sponsored by Bitstamp and Ciphertrace

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

Bitcoin’s price fell more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the red.

The figure puts 2020 on track to become the second-costliest year in the history of crypto.

Blockchain firms led the charge of fintech companies that relocated to Hong Kong in 2019.

Blockchain media startup Civil is shutting down after three years, with its team pivoting to building decentralized identity tools at parent firm ConsenSys.

The head of Venezuela’s state-backed petro cryptocurrency has been added to the U.S Immigration and Customs Enforcement’s Most Wanted list. 

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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