Share this article
Bitcoin News Roundup for Aug. 21, 2020
With bitcoin still pulling back and LND learning to wumbo, CoinDesk's Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 9:46 a.m. Published Aug 21, 2020, 4:00 p.m.
Make us preferred on Google
With bitcoin still pulling back and LND learning to wumbo, 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 Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop
While soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further.
Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning
LND now supports Lightning Network wumbo channels. These channels have the capacity to hold more funds, and users can send larger bitcoin transactions.
VC-Backed Crypto Exchange Mexo Launches in Latin America
Mexo, a cryptocurrency exchange designed for the Latin American user, launched on Thursday.
Thailand Is Prepping to Move Judicial System Records to a Blockchain
The Office of the Court of Justice is developing its blockchain as part of Thailand's court digitization campaign.
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
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.
More For You
Coreweave stock gains 9% on fresh $2 billion Nvidia investment
Already an investor in CoreWeave, Nvidia last September had agreed to purchase $6.3 billion of computing services from the AI infrastructure provider.
What to know:
- CoreWeave shares jumped about 9% in pre-market trading after Nvidia invested another $2 billion in the AI-focused cloud company.
- The new funding is intended to help CoreWeave expand to more than 5 gigawatts of AI-dedicated data centers by the end of the decade.
- The deal deepens a yearslong collaboration in which Nvidia and CoreWeave will align on hardware, software and data center strategy, and test CoreWeave’s Mission Control resource-scheduling platform for potential integration into Nvidia’s ecosystem.
Top Stories
