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Bitcoin News Roundup for June 10, 2020
As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run.
Updated Sep 14, 2021, 8:50 a.m. Published Jun 10, 2020, 4:05 p.m.
As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run.
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Today's stories:
Another Data Point Suggests Bitcoin Close to Prolonged Bull Market
Bitcoin could be on the verge of breaking into a multi-month bull run, according to a lesser-known data metric.
Decrypt: The Bitcoin millionaires club is growing again
Decrypt: A practice exam in China just asked students about Bitcoin mining
Asia Crypto Today: Sichuan Bitcoin mining question included in Chinese University Entrance Exams
Number of Institutions Buying Crypto Futures Doubled in 2020: Fidelity Report
More than 85 U.S. institutions bought crypto futures last year, more than double the number touching the space in 2018, according to a new survey by Fidelity.
Deutsche Borse Exchange to List New Bitcoin Exchange-Traded Product
A London-based investment firm is listing a centrally cleared bitcoin exchange-traded product on Deutsche Borse’s Xetra in Germany.
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Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
What to know:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
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