Bitcoin
$66,054.86+0.18%
Ethereum
$3,183.59-0.67%
Binance Coin
$606.35+0.99%
Solana
$154.39-0.15%
XRP
$0.54472054+1.98%
Dogecoin
$0.15860976-1.21%
Toncoin
$5.65-7.27%
Cardano
$0.51397269+0.06%
Shiba Inu
$0.00002643-2.76%
Avalanche
$38.22-2.81%
Wrapped Bitcoin
$66,167.81+0.22%
Polkadot
$7.39-1.09%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
35
DAYS
23
HR
28
MIN
49
SEC
Markets

Bitcoin News Roundup for Sept. 2, 2020

With bitcoin's price dropping overnight as DeFi booms, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

By Adam B. Levine, Lyllah Ledesma
AccessTimeIconSep 2, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 9:51 a.m. UTC
Markets Daily Front Page Adam Lyllah
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

With bitcoin's price dropping overnight as DeFi booms, 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, Bitstamp and Nexo.io.

Today's stories:

Bitcoin Price Drops 4% After Latest Rejection at $12K Resistance

Bitcoin fell by $400 Wednesday morning, having failed once more to move above a long-held resistance level. 

Bitcoin Miners Saw 23% Revenue Increase in August

Miners generated an estimated $368 million in August. Revenue estimates assume miners sell their bitcoins immediately.

DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume 

Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase.

Police Reportedly Raid Headquarters of Bithumb, South Korea's Largest Exchange 

Crypto exchange Bithumb has reportedly been seized by police in Seoul on allegations its chairman engaged in investment fraud.

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.

Read more about
PodcastsMarkets Daily