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Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
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Markets

Bitcoin News Roundup for May 29, 2020

With bitcoin and many traditional markets down on the day, CoinDesk's Markets Daily is back!

By Adam B. Levine, John Biggs
AccessTimeIconMay 29, 2020 at 4:20 p.m. UTC
Updated Dec 11, 2022 at 7:28 p.m. UTC
Markets Daily Front Page Default
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

With bitcoin and many traditional markets down on the day, CoinDesk's Markets Daily is back!

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 ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.

Bitcoin Rally Falters as Stocks Drop Ahead of Trump's China Speech

Bitcoin's bulls are taking a breather as the traditional markets get the jitters over rising tensions between the U.S. and China.

Twetch Gets Suspended From Twitter in Wake of Trump 'Fact-Check' Storm

The Twitter account of BSV-based social media platform Twetch was suspended Thursday without warning, said Twetch co-founder Josh Petty.

'Passwordless Login' Startup Magic Raises $4M From Naval Ravikant, Placeholder

Ethereum startup Magic just raised $4 million from investors like Naval Ravikant, SV Angel, Placeholder and Volt Capital to make passwords less of a pain.

US Court Freezes Assets Linked to Alleged $9M ICO Scam

A federal court has frozen assets raised from investors in the Meta 1 Coin token sale in this increasingly bizarre ICO story.

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Adam B. Levine
Adam B. Levine

Adam B. Levine is the managing editor of CoinDesk's podcast division.

Follow @AdamBLevine on Twitter
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Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.