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Bitcoin News Roundup for June 9, 2020

With the price of bitcoin again struggling to breach $10,000 and volatility falling to recent lows, CoinDesk's Markets Daily is back with another bitcoin news roundup.

By Adam B. Levine
AccessTimeIconJun 9, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 8:49 a.m. UTC
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With the price of bitcoin again struggling to breach $10,000 and volatility falling to recent lows, CoinDesk's Markets Daily is back with another 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:

Market Wrap: $10,000 Remains Bitcoin's Price to Beat

Store of value? Bitcoin has outperformed gold and trounced U.S. equities so far this year.

Pentagon War Game Envisioned a Generation-Z Rebellion Funded by Bitcoin

The war game was designed in 2018 to prepare troops for future conflicts fought on computers rather than on the battlefield.

Media Startup Civil Shuts Down, Team Absorbed Into Decentralized ID Efforts at ConsenSys

Blockchain media startup Civil is shutting down after three years, with its team pivoting to building decentralized identity tools at parent firm ConsenSys.

Crypto News Outlet BlockTV Shuts Down, Citing Impact of COVID-19

Cryptocurrency-focused media startup BlockTV has shut down operations due to the economic strains of the COVID-19 crisis, according to two former employees.

Winklevoss Twins to Help Adapt 'Bitcoin Billionaires' Book for Film

Cameron and Tyler Winklevoss will help produce a film based on the best-selling book that featured their entrance into the world of bitcoin.

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

Disclosure

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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.

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