Bitcoin News Roundup for June 23, 2020
As the price of bitcoin trades in an increasingly compressed range, sources tell CoinDesk that PayPal is planning something big, an uncensorable internet browser launches and the Fed now says Bitcoin IS money.

As the price of bitcoin trades in an increasingly compressed range, sources tell CoinDesk that PayPal is planning something big, an uncensorable internet browser launches and the Fed now says bitcoin IS money. CoinDesk's Markets Daily 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.
The Last Time Volatility Was This Low Bitcoin Went On to Rally by $2K
Bitcoin's price volatility has declined to levels last seen ahead of a major rally witnessed in October 2019. But will the pattern repeat this time?
PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.
Handshake Goes Live With an Uncensorable Internet Browser
Handshake minimizes the role of centralized entities in the internet’s basic infrastructure. First, it was a new domain system. Now it's a browser.
New York Fed's 'Bitcoin Is Fiat' Claim Sparks Controversy
Economists at the Federal Reserve suggest Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.
Researchers Use Lasers to Bring the Internet Under the Sea
The Aqua-Fi system uses a Wi-Fi connection to wirelessly connect a device to a Raspberry Pi, which converts the signal into a laser to be beamed to a relay on the water’s surface.
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
More For You
Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
What to know:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.