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Bitcoin News Roundup for Oct. 6, 2020

As traders remain hopeful and mainstream investment funds increase their exposure to bitcoin miners, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Updated Sep 14, 2021, 10:05 a.m. Published Oct 6, 2020, 4:00 p.m.
Markets Daily Front Page Adam Lyllah

As traders remain hopeful and mainstream investment funds increase their exposure to bitcoin miners, 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.comNexo.io and Elliptic

Today's stories:


Bitcoin's Options Market Retains Long-Term Bull Bias Despite Sluggish Price

Options market data suggests the longer-term path of least resistance for bitcoin is to the higher side.

Fidelity, Vanguard, Schwab Funds Have Been Loading Up on Crypto Mining Stocks

Stock of three major cryptocurrency mining firms are appearing in Fidelity, Vanguard and Charles Schwab mutual funds.

John McAfee Arrested in Spain on US Criminal Charges

John McAfee allegedly received $11.6 million in bitcoin and ether for pumping ICOs in 2017 and 2018.

Guggenheim-Collected Artist to Release Digital Artwork on Blockchain Marketplace

A prominent Taiwanese-American multimedia artist considered a pioneer of internet-based art is releasing her work on blockchain-based platform MakersPlace.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Fed rates decision, Tesla earnings, Bybit roadmap: Crypto Week Ahead

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Your look at what's coming in the week starting Jan. 26.

What to know:

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