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Bitcoin News Roundup for Sept. 25, 2020
With bitcoin's best day in two months and a surprisingly positive report out of Chinese state media, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 10:00 a.m. Published Sep 25, 2020, 4:00 p.m.
With bitcoin's best day in two months and a surprisingly positive report out of Chinese state media, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
STORY CONTINUES BELOW
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Today's stories:
China State Media Make Rare Reports Calling Crypto 2020's Best Performing Asset
Several Chinese state-owned media have made unusual coordinated reports describing cryptocurrencies as the year's top performing investment.
Bill Proposes National Crypto Regulatory Framework
The Digital Commodity Exchange Act would bring crypto exchanges into a single federal framework, overseen by the Commodity Futures Trading Commission.
Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin
The draft bill would define bitcoin and other cryptos as "currency" instead of an "asset" for tax purposes.
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Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
XRP Slides as Traders Take Bitcoin Profits, With ETF Flows Still Strong
Institutional flows surged 54% above the weekly average, indicating strategic selling rather than retail panic.
Lo que debes saber:
- XRP fell from $2.09 to $2.00, marking a 4.3% decline and underperforming the broader crypto market.
- Institutional flows surged 54% above the weekly average, indicating strategic selling rather than retail panic.
- Despite ETF inflows, XRP struggles to break the $2.09–$2.10 resistance, maintaining a tight trading range.
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