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Bitcoin News Roundup for June 17, 2020
With Ethereum logging its busiest week on record and the number of bitcoin whales headed up, CoinDesk's Markets Daily Bitcoin news roundup is back!
Updated Dec 6, 2022, 6:28 p.m. Published Jun 17, 2020, 4:03 p.m.
With Ethereum logging its busiest week on record and the number of bitcoin whales headed up, CoinDesk's Markets Daily Bitcoin news roundup is back!
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This episode is sponsored by Bitstamp and Ciphertrace.
Today's stories:
Number of Bitcoin 'Whales' Has Risen by 2% Since Halving
Ethereum Logged Its Busiest Week on Record
Bitcoin Mining Difficulty Posts Biggest Jump In 29 Months
Thailand's Finance Ministry Announces Blockchain Enabled Sale of Cheap Bonds
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Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
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