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Bitcoin News Roundup for Sept. 8, 2020

With investors buying the bitcoin dip and staying bullish on options, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Sep 8, 2020 at 4:10 p.m. UTC
Updated Sep 14, 2021 at 9:53 a.m. UTC

With investors buying the bitcoin dip and staying bullish on options, 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.comBitstamp and Nexo.io.

Today's stories:

Despite bitcoin shedding over $2,000 in the last few weeks, the "buy the dip" mentality in the market still appears strong.

Bitcoin's options market retains long-term bullish bias despite the recent price pullback, data shows.

SushiSwap experienced a tumultuous weekend after its founder sold $13 million worth of his stake in the project before turning the reins over to investor and FTX CEO Sam Bankman-Fried.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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