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Bitcoin News Roundup for Oct. 7, 2020

With BTC steady and central bank digital currencies getting closer, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

By Lyllah Ledesma
AccessTimeIconOct 7, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 10:05 a.m. UTC
Markets Daily Front Page Adam Lyllah
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With BTC steady and central bank digital currencies getting closer, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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 Crypto.com, Nexo.io and Elliptic.

Today's stories:

Analysts Can't Agree on What Prompted Big Spike in New Bitcoin Addresses 

New bitcoin addresses have spiked this month, with one industry exec pointing to traders moving funds off the legally troubled BitMEX exchange. Others disagree.

China Central Bank Official Reveals Results of First Digital Yuan Pilots

An official for China’s central bank unveiled usage statistics of state-backed digital currency trials held in three Chinese cities.

Inside the Estonian CBDC Experiment That Could Shape the Digital Euro 

How the firm helping lead Estonia's central bank digital currency research is approaching a mass-market crypto coin.

Oman Central Bank Warns on Crypto 'Risk,' Singles Out Dagcoin 

The central bank warned citizens and residents they use cryptocurrencies at their own risk.

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

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

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.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

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