Bitcoin News Roundup for June 24, 2020

Bitcoin News Roundup for June 24, 2020

With miners transferring more bitcoin now compared to any point in the last year, police misconduct on Ethereum and a new inter-blockchain hub out of China, Markets Daily is back with another news roundup.

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A sudden spike in miner outflows of bitcoin to exchanges makes the cryptocurrency vulnerable to a price drop, according one analyst.

Built on the InterPlanetary File System and the Ethereum blockchain, the protocol lets anyone file police misconduct reports anonymously.

Chainlink will help the state-backed Blockchain-Based Service Network with oracles, and Cosmos-powered Irisnet will assist with interoperability.

FTX Is Building Lots of Sophisticated Markets Few Traders Use


Market Wrap: A Sea of Red Across Markets as Bitcoin Drops to $9.2K