Bitcoin News Roundup for July 1, 2020

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ABOUT

With more on a possible digital dollar from Tuesday's Senate Banking Committee hearing, CoinDesk's Markets Daily is back for your crypto news roundup!

This episode is sponsored by Bitstamp and Crypto.com.

Today's stories:

First Mover: Bitwise Calls $50K Bitcoin Price When Market Calm Finally Breaks

Bitwise suggests Bitcoin could be looking at territory well north of the previous $20,000 all-time high.

Market Wrap: Crypto Market Eerily Quiet as Bitcoin Stuck Near $9K

Bitcoin volatility continues to drop as the price stays within a tight range and traders wait for a breakout in either direction.

Bitcoin's Mining Difficulty Has Rarely Been This Static in a Decade

Bitcoin's mining difficulty just posted the smallest percentage change in 10 years.

Washington, DC, Lawyers Can Now Accept Crypto for Legal Fees

The District of Columbia Bar has approved crypto payments for lawyers' fees.

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday's Hearing

While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.