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!
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This episode is sponsored by Bitstamp and Ciphertrace.
Related: Bitcoin News Roundup for June 19, 2020
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
Related: 6 Things Jobless Claims Tell Us About the State of the Real Economy
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