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Bitcoin News Roundup for March 9, 2020
Markets crater as scams plague bitcoin. This is the Markets Daily Podcast from CoinDesk.
Updated Sep 14, 2021, 8:17 a.m. Published Mar 9, 2020, 5:28 p.m.
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Today's news:
Bitcoin Falls to 1-Month Low Below $8K Amid Global Market Rout
Bitcoin's Sharp Price Drop May Have Been Prompted by $100M Scam Selloff
Asset Ratings Giant Morningstar Takes First Plunge Into Blockchain Securities
Rapper Akon's first dapp on Akoin platform tokenizes mobile airtime
For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.
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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:
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- 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.
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- 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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How a 'perpetual’ stock trick could solve Michael Saylor’s $8 billion debt problem
The bitcoin treasury firm is using perpetual preferreds to retire convertibles, offering a potential framework for managing long-dated leverage.
What to know:
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