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Bitcoin News Roundup for June 11, 2020

With BTC and global equity markets down more than 1% on the day, CoinDesk’s Markets Daily is back with your bitcoin news roundup.

Markets Daily Front Page Default

With BTC and global equity markets down more than 1% on the day, CoinDesk’s Markets Daily is back with your bitcoin news roundup.

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

This episode is sponsored by Bitstamp and Ciphertrace

Today's bitcoin news:

Bitcoin Stuck Below $10K as Stocks Drop

With the U.S. Federal Reserve dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks.

Microsoft Releases Bitcoin-Based ID Tool as COVID-19 'Passports' Draw Criticism

Microsoft’s Bitcoin-based decentralized identity tool, ION, just went live with a beta version on mainnet.

Russia's Economy Ministry Calls for 'Controllable Market' Rather Than Crypto Ban

The ministry argued the draft ban would be harmful for Russia's economy and citizens, and called for a softer stance.

Coca-Cola Distributor Offers Bitcoin Payment Options for Aussie Vending Machines

More than 2,000 vending machines in Australia and New Zealand will let customers purchase Coke products using 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