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Bitcoin News Roundup for June 10, 2020

10.6.2020
As Chinese students prepare for bitcoin questions on their university entrance exams, some analysts say BTC is near the start of a multi-month bull run

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

10.6.2020
The ministry argued the draft ban would be harmful for Russia's economy and citizens, and called for a softer stance

EToro CEO Predicts Market Crash ‘Within 3 Weeks’ — Safe Haven Bitcoin?

10.6.2020
The largest cryptocurrency’s gradual “decoupling” from stocks may see a major test in the coming weeks, warns eToro’s Yoni Assia

Stocks Steal Spotlight From Bitcoin Despite Market Crash Warnings

10.6.2020
Stock market seems to have stolen some attention from bitcoin (BTC), with young investors turning to equities. But as many expect a sharp correction and more volatility ahead, crypto analysts wonder what this would mean for the world's oldest crypto. "So far bulls are in charge," writes...

Another Data Point Suggests Bitcoin Close to Prolonged Bull Market

10.6.2020
Bitcoin could be on the verge of breaking into a multi-month bull run, according to a lesser-known data metric

Kyber Says its FPR is Uniquely Designed, Allows Market Makers and Developers to Make Profits On-Chain

10.6.2020
On-chain liquidity protocol Kyber Network tweeted on Tuesday that its Federal Price Reserves (FPR) is uniquely designed to allow market makers and advanced developers to generate profits on-chain. In a Medium post on the topic, Kyber stated that FPRs make the market making profitable and feasible...

London’s ETC Group to List Centrally Cleared Bitcoin ETP on Deutsche Börse’s Xetra

10.6.2020
A UK-based financial services company will list a centrally cleared bitcoin exchange-traded product (ETP) on Deutsche Börse’s Xetra electronic trading market later this month. In a statement released on June 9, Etc Group said the contract, known as Bitcoin Exchange Traded Crypto (BTCE)...

Data Shows Bitcoin Options Markets Are Maturing Much Faster Than Futures

10.6.2020
Data from the crypto analytical firm Skew.com shows that bitcoin options are maturing much faster than the futures markets launched in December 2017. Skew’s data shows that the open interest in bitcoin options has risen significantly in the last few months. Bitcoin options “are starting...

Market Wrap: DeFi Is Helping Ether Outpace Bitcoin This Year

9.6.2020
Thanks to growing interest in DeFi, ether is outperforming bitcoin when the market is moving higher

What the Stock Market’s ‘Robinhood Rally’ Means for Bitcoin

9.6.2020
The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?

2020 Libertarian Presidential Candidate Jo Jorgensen Talks Bitcoin, Endless Wars, Covid-19 Response

9.6.2020
On June 8, news.Bitcoin.com chatted with the U.S. 2020 Libertarian candidate for president, Joanne Jorgensen. The Libertarian Party’s nominee for president is the party’s first female candidate and she is a firm believer in free markets and civil liberties. This week our newsdesk...

Zilliqa (ZIL) Beats Bitcoin With 950% Gains Since March, What’s Next?

9.6.2020
Zilliqa may be due for a correction after monstrous gains as (ZIL) price is running into some considerable resistance levels on the charts

Market Wrap: $10,000 Remains Bitcoin’s Price to Beat

8.6.2020
Store of value? Bitcoin has outperformed gold and trounced U.S. equities so far this year

Bitcoin’s March to $100K: A Number of Crypto Experts Who Believe the Price per BTC Touches Six-Digits

8.6.2020
A number of analysts believe that at some point in the future, Bitcoin prices will touch the six-digit zone or $100,000 or more per unit. This price point has been predicted by a variety of experts and analysts including the stock-to-flow (S2F) proponent Plan B, financial analyst Peter Brandt,...

Crypto Market Sentiment Nears Positive Zone; Four Coins There Already

8.6.2020
Compared to recent drops in market sentiment score (sentscore), as well as the subsequent smaller rise, itself followed by a stronger move upwards a week ago, this week is seeing another jump towards the positive zone. Per crypto market sentiment analysis tool Omenics, the combined moving 7-day...