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Bitcoin News Roundup for Sept. 22, 2020
With bitcoin at risk of falling to four figures and new guidance from the OCC, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 9:59 a.m. Published Sep 22, 2020, 4:00 p.m.
With bitcoin at risk of falling to four figures and new guidance from the OCC, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today's Stories:
Equity Markets Turmoil Could Push Bitcoin Below $10K, Say Analysts
Bitcoin risks falling into four figures on a continued sell-off in equities and rebounding U.S. dollar.
Digital Euro Would Provide Alternative to Cryptos, ECB President Lagarde Says
A digital euro for retail payments would "ensure that sovereign money remains at the core of European payment systems," according to Legarde.
SEC, OCC Issue First Regulatory Clarifications for Stablecoins
The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S.
In a case involving the ownership of about 1.1 million bitcoin (worth over $11 billion), the federal court denied Wright’s request for a summary judgment on Monday.
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Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts
Spot trading volumes are cooling, and investor enthusiasm is fading amid a lack of structural growth drivers, analysts wrote in a new report.
What to know:
- 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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