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Bitcoin News Roundup for June 8, 2020
As bitcoin traders struggle to bust through $10,000, there's a new claimant to the title of Satoshi Nakamoto. CoinDesk's Markets Daily Podcast is back with your bitcoin news roundup.
Updated Sep 14, 2021, 8:49 a.m. Published Jun 8, 2020, 4:00 p.m.
As bitcoin traders struggle to bust through $10,000, there's a new claimant to the title of Satoshi Nakamoto. CoinDesk's Markets Daily Podcast is back with your bitcoin news roundup.
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This episode is sponsored by Bitstamp and Ciphertrace
Today's bitcoin news:
As Bitcoiners Eye Inflation Boost, Wall Street Sees Barely Any for Five Years
Bitcoin's Quiet Progress Is Pointing Toward a Better Future
Courtesy of CoinTelegraph: The Escobars Believe They've Found the Real Satoshi
See also: The Power and Peril of the 'Bitcoin Fixes This' Meme
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
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