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Bitcoin News Roundup for Sept. 29, 2020
With bitcoin back in the driver's seat and the Filecoin launch fast approaching, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
With bitcoin back in the driver's seat and the Filecoin launch fast approaching, 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:
Traders Rotate to Bitcoin Expecting a Quiet Q4 for Altcoins
Some traders have been moving funds out of alternate cryptocurrencies into bitcoin (BTC) in anticipation it outperforming the entire crypto market for at least the next several months.
Spadina Gives Ethereum 2.0 Developers a Three-Day Testnet
Ethereum testnet Spadina gives developers one more crack at practicing with Eth 2.0’s deposit contract before the real deal arrives.
California Governor Signs Law Bringing State 'New Tools' to Regulate Crypto
The now-renamed California department responsible for the regulation of financial services will soon have more powers to supervise the cryptocurrency industry.
Filecoin Confirms Long-Awaited Mainnet Launch for Next Month
Three years after its $257 million ICO, decentralized data storage provider Filecoin has said mainnet will go live in mid-October.
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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.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
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