Bitcoin News Roundup for June 12, 2020
With the price of BTC dropping more than 6% overnight, CoinDesk's Markets Daily is back with your bitcoin news roundup.

With the price of BTC dropping more than 6% overnight, 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.
Today's stories:
Why Bitcoin Suddenly Dropped 6% on Thursday
The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here are three likely reasons why.
Quadriga Was a Ponzi Scheme, Ontario Securities Regulator Says
The Ontario Securities Commission has published a scathing report calling now-defunct Canadian exchange QuadrigaCX a "Ponzi," and denouncing the practices of founder and CEO Gerald Cotten.
Unstoppable Domains Taps IPFS for Censorship-Resistant Blogging Platform
Decentralized blogging is coming to a .crypto URL near you thanks to a partnership between Unstoppable Domains and Protocol Labs.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
Higit pang Para sa Iyo
BitSeek: Decentralized AI Infrastructure Revolutionizing the Web3 Industry
Higit pang Para sa Iyo
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.
Ano ang dapat malaman:
- 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.











