Bitcoin News Roundup for July 1, 2020

With a historically boring update to bitcoin's mining difficulty and the digital dollar back in the news, CoinDesk's Markets Daily is back for your bitcoin news roundup.

AccessTimeIconJul 1, 2020 at 4:35 p.m. UTC
Updated Dec 6, 2022 at 6:28 p.m. UTC
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With a historically boring update to bitcoin's mining difficulty and the digital dollar back in the news, CoinDesk's Markets Daily is back for 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 Crypto.com.

Today's news:

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

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 just posted the smallest percentage change in 10 years.

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

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.

For early access before our regular noon Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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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.

Adam B. Levine

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

Lyllah Ledesma

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.


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