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Bitcoin News Roundup for Sept. 17, 2020
With bitcoin slipping with European stocks and a leaked memo about China's blockchain plans, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 9:57 a.m. Published Sep 17, 2020, 4:00 p.m.
With bitcoin slipping with European stocks and a leaked memo about China's blockchain plans, 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, Bitstamp and Nexo.io.
Today's Stories:
Federal Reserve Now Targets Inflation Above 2%, Bitcoin Breaks $11K
Federal Reserve officials said Wednesday they would hold U.S. interest rates at zero and work to push inflation above 2% "for some time."
Bitcoin 'Young Investment' Wallets at Highest Level Since February 2018
New investors are entering the bitcoin market at a faster pace and possibly creating upward pressure on prices, on-chain data shows.
China's BSN Will 'Localize' Public Blockchains for Local Use
China’s state-sanctioned Blockchain-Based Service Network is finally bringing public chains to its homeland – but they will look very different.
Kraken Becomes First Crypto Exchange to Charter a US Bank
On Wednesday, the Wyoming Banking Board voted to approve Kraken’s bank charter application. Kraken is the first SPDI bank in Wyoming.
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Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts
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Lo que debes saber:
- Barclays forecasts lower crypto trading volumes in 2026, with no clear catalysts to revive market activity.
- Spot market slowdowns pose revenue challenges for retail-focused platforms like Coinbase and Robinhood, the bank said.
- Regulatory clarity, including pending market structure legislation, could shape long-term market growth despite near-term headwinds.
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