Share this article
Bitcoin News Roundup for Sept. 2, 2020
With bitcoin's price dropping overnight as DeFi booms, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 9:51 a.m. Published Sep 2, 2020, 4:00 p.m.
With bitcoin's price dropping overnight as DeFi booms, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today's stories:
Bitcoin Price Drops 4% After Latest Rejection at $12K Resistance
Bitcoin fell by $400 Wednesday morning, having failed once more to move above a long-held resistance level.
Bitcoin Miners Saw 23% Revenue Increase in August
Miners generated an estimated $368 million in August. Revenue estimates assume miners sell their bitcoins immediately.
DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume
Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase.
Police Reportedly Raid Headquarters of Bithumb, South Korea's Largest Exchange
Crypto exchange Bithumb has reportedly been seized by police in Seoul on allegations its chairman engaged in investment fraud.
For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
More For You
What to know:
- 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
Filecoin price falls 1% after earlier strength, underperforms wider crypto markets
The storage token hit an intraday high of $1.26 before selling off sharply to trade down on the day.
What to know:
- FIL slipped 1% to $1.21.
- Volume jumped 19% above weekly averages as institutional interest intensified.
Top Stories
