Bitcoin News Roundup for June 11, 2020

With BTC and global equity markets down more than 1% on the day, CoinDesk’s Markets Daily is back with your bitcoin news roundup.

With the U.S. Federal Reserve dashing hopes of a V-shaped recovery, it’s uncertain whether bitcoin will become a store of value or begin to track stocks. 

Microsoft’s Bitcoin-based decentralized identity tool, ION, just went live with a beta version on mainnet.

The ministry argued the draft ban would be harmful for Russia’s economy and citizens, and called for a softer stance. 

More than 2,000 vending machines in Australia and New Zealand will let customers purchase Coke products using bitcoin.

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Cryptocurrencies: 16,097
Markets: 1,190
Marketcap: $ 3.82 T
24h Vol: $ 180.55 B
BTC Dominance: 53.32%