Bitcoin News Roundup for June 12, 2020

By Nichole Hughes on June 12, 2020

With the price of BTC dropping more than 6% overnight, CoinDesk’s Markets Daily is back with your bitcoin news roundup.

Today’s stories:

The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here are three likely reasons why.

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.

Decentralized blogging is coming to a .crypto URL near you thanks to a partnership between Unstoppable Domains and Protocol Labs.

Disclosure

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Nichole Hughes

I’m a Crypto author and I have been writing for over 10 years. I have vast experience in the field and am highly respected by my peers. My work has been featured in many publications, including The Wall Street Journal and Forbes. I’m also a thought leader in the Crypto community and my insights are highly sought after. I’m a frequent speaker at industry events and am passionate about helping others to understand the power of Cryptocurrency.