Bitcoin News Roundup for June 1, 2020
With bitcoin and ether both headed up, CoinDesk's Markets Daily is back with your bitcoin news roundup.

With bitcoin and ether both headed up, 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
Ether Leads Bitcoin on Price as Investors Prepare for Staking Arrival
Bitcoin has put in a positive June performance in six out of the last eight years. But Ethereum is drawing new investors with the start of staking due this year.
Bug in 'Timelocked' Bitcoin Contracts Could Spur Miners to Steal From Each Other
A widespread bug has compromised a special type of bitcoin transaction that is supposed to discourage miners from cheating, new research shows.
Chase Bank to Refund 95% of $2.5M It Allegedly Overcharged Crypto Buyers
The JPMorgan subsidiary has agreed to repay most of $2.5 million it took in credit card fees for cryptocurrency purchases.
Russia Is About to Drop the Crypto 'Iron Curtain,' Industry Warns
Russia's crypto community is pushing back against a set of bills that could impose onerous restrictions on startups and individuals in the country.
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Protocol Research: GoPlus Security

What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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U.S. bitcoin ETFs see strongest inflows for over a month as BTC dominance hits 60%

Fidelity's FBTC recorded a top five inflow day as the ETFs took in a combined $457 million amid sharp BTC price swings.
What to know:
- U.S. spot bitcoin ETFs recorded $457.3 million in net inflows on Wednesday, the strongest daily intake since Nov. 11.
- Fidelity Wise Origin Bitcoin Fund led with a $391.5 million inflow which is a top five inflow day for FBTC.
- Bitcoin dominance rose to 60%, its highest level in a month.











