Bitcoin News Roundup for June 18, 2020

With an Austrian app that aims to track COVID-19 now including blockchain, CoinDesk's Markets Daily Bitcoin news roundup is back!

This episode is sponsored by Bitstamp and Ciphertrace.

Today's stories:

Bitcoin Still Undervalued After Q2 Rally, Price Metric Shows

Bitcoin's Mayer multiple indicates the cryptocurrency is undervalued despite having rallied by over 40% this quarter.

Austrian Government Funds Development of Blockchain-Based COVID-19 App

Austria's economic affairs ministry awarded a $67,600 grant to a project called QualiSig, which uses the Ardor blockchain to verify COVID-19 testing.

Russia's Ministry of Justice Latest to Criticize Proposed Crypto Ban

Russia's Ministry of Justice is the latest government authority to oppose a proposed crypto ban, seeing inconsistencies in the bill's stipulations.

Trump Told Treasury Secretary to 'Go After' Bitcoin, Bolton Book Reportedly Claims

Former national security adviser John Bolton is said to have revealed the conversation in his book, scheduled for publication next week.