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Bitcoin News Roundup for June 2, 2020

With the price of bitcoin briefly breaking above $10,000, CoinDesk's Markets Daily is back!

Markets Daily Front Page Default

With the price of bitcoin briefly breaking above $10,000, CoinDesk's Markets Daily is back!

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This episode is sponsored by Bitstamp and Ciphertrace.

BitMEX Sees Biggest Short Squeeze in 8 Months After Bitcoin Surge

A big short squeeze has taken bitcoin passed a major psychological hurdle – some think its the start of a breakout.

Bitcoin Rises Above $10K for First Time in 25 Days as Protests Roil US Cities

Bitcoin has risen above $10,000 for the first time in almost a month as protests in U.S. cities continue to intensify.

Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO

Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner.

Maker of Coldcard Bitcoin Wallet Rolls Out an Extra-Strength 'USB Condom'

CoinKite, maker of the Coldcard hardware wallet, has introduced two accessories that underscore the near-paranoia required to safely hold bitcoin.

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

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos. Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017. With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

Adam B. Levine
John Biggs

John Biggs is an entrepreneur, consultant, writer, and maker. He spent fifteen years as an editor for Gizmodo, CrunchGear, and TechCrunch and has a deep background in hardware startups, 3D printing, and blockchain. His work has appeared in Men’s Health, Wired, and the New York Times. He runs the Technotopia podcast about a better future. He has written five books including the best book on blogging, Bloggers Boot Camp, and a book about the most expensive timepiece ever made, Marie Antoinette’s Watch. He lives in Brooklyn, New York.

Picture of CoinDesk author John Biggs