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Bitcoin News Roundup for Oct. 13, 2020
With BTC on its longest winning streak in more than a year and governments around the world working to craft a global CBDC framework, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 10:08 a.m. Published Oct 13, 2020, 4:00 p.m.
With BTC on its longest winning streak in more than a year and governments around the world working to craft a global CBDC framework, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
STORY CONTINUES BELOW
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This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Today's stories:
Bitcoin Eyes $12K Price After 6-Day Streak of Gains
Bitcoin's six-day run of gains has shifted the focus to psychological hurdle of $12,000. Some analysts are looking even higher.
Coinbase Wallet Users Can Now Purchase Crypto Inside the App
For Coinbase users who don’t want to keep their funds on an exchange, the buying and storing crypto just became a lot easier.
IMF, World Bank Plan Central Bank Digital Currency Rules
Many of the world's largest economies will institute national digital currency banking standards with the International Monetary Fund and World Bank.
Serena Williams Looks to Have Dropped Coinbase Investment After Activism Row
Williams' venture firm no longer displays Coinbase in its portfolio.
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More For You
Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
What to know:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
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