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Bitcoin News Roundup for June 18, 2020

With an Austrian app that aims to track COVID-19 now including blockchain, CoinDesk's Markets Daily Bitcoin news roundup is back!

By Adam B. Levine, John Biggs, Lyllah Ledesma
AccessTimeIconJun 18, 2020 at 4:00 p.m. UTC
Updated Dec 6, 2022 at 6:28 p.m. UTC
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With an Austrian app that aims to track COVID-19 now including blockchain, CoinDesk's Markets Daily Bitcoin news roundup is back!

For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.

This episode is sponsored by Bitstamp and Ciphertrace.

Today's stories:

Bitcoin Still Undervalued After Q2 Rally, Price Metric Shows

Bitcoin's Mayer multiple indicates the cryptocurrency is undervalued despite having rallied by over 40% this quarter.

Trump Told Treasury Secretary to 'Go After' Bitcoin, Bolton Book Reportedly Claims

Former national security adviser John Bolton is said to have revealed the conversation in his book, scheduled for publication next week.

Austrian Government Funds Development of Blockchain-Based COVID-19 App

Austria's economic affairs ministry awarded a $67,600 grant to a project called QualiSig, which uses the Ardor blockchain to verify COVID-19 testing.

Russia's Ministry of Justice Latest to Criticize Proposed Crypto Ban

Russia's Ministry of Justice is the latest government authority to oppose a proposed crypto ban, seeing inconsistencies in the bill's stipulations

Disclosure

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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Adam B. Levine
Adam B. Levine

Adam B. Levine is the managing editor of CoinDesk's podcast division.

Follow @AdamBLevine on Twitter
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Lyllah Ledesma
Lyllah Ledesma

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.

Follow @LedesmaLyllah on Twitter

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