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Bitcoin News Roundup for June 12, 2020

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With the price of BTC dropping more than 6% overnight, CoinDesk’s Markets Daily is back with your bitcoin news roundup.

Today’s stories:

The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here are three likely reasons why.

The Ontario Securities Commission has published a scathing report calling now-defunct Canadian exchange QuadrigaCX a “Ponzi,” and denouncing the practices of founder and CEO Gerald Cotten.

Decentralized blogging is coming to a .crypto URL near you thanks to a partnership between Unstoppable Domains and Protocol Labs.

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.



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