Bitcoin News Roundup for Oct. 9, 2020

With BTC breaking above $11K and central banks collaborating to standardize CBDCs, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

AccessTimeIconOct 9, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 10:07 a.m. UTC
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With BTC breaking above $11K and central banks collaborating to standardize CBDCs, 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 PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

This episode is sponsored by Crypto.comNexo.io and Elliptic.

Today's stories:

Bitcoin appears to have broken out of its tight trading range over the past two weeks, between roughly $10,500 and $10,800.  

Jack Dorsey's payments company is the second publicly traded firm to put some portion of corporate reserves into bitcoin, following MicroStrategy's $425 million all-in bet.

The seven central banks, along with the Bank for International Settlements, have released a report setting out agreed core objectives that must be met by national digital currencies.

The former chief technology officer of the troubled BitMEX exchange has been released after a bond for $5 million was paid in the U.S.

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

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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.


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