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Bitcoin News Roundup for Sept. 16, 2020
With bitcoin fighting for $11K and the first CBDC in real life, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 9:56 a.m. Published Sep 16, 2020, 4:00 p.m.
With bitcoin fighting for $11K and the first CBDC in real life, 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:
All Eyes on Fed Reserve Rate Announcement, as Bitcoin Fights for $11K
With the Federal Reserve's decision on rates due later Wednesday, bitcoin traders will be watching the U.S. dollar action.
Bahamas to Roll Out 'Sand Dollar' Digital Currency Next Month
The Bahamas' "Sand Dollar" will likely be the world's first live central bank digital currency (CBDC) when it launches in October.
Bitcoin CEO: MicroStrategy's Michael Saylor Explains His $425M Bet on BTC
How the business analytics chief became Wall Street's boldest bitcoin maximalist.
US State Bank Regulators Agree to Single Set of Rules for Fintech, Crypto Firm Licensing
Agencies from 48 states are expected to unveil a framework Wednesday that will simplify and consolidate regulation for crypto companies.
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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.
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Oracle TikTok deal lifts AI mining stocks as bitcoin tags $88,000
Oracle shares jumped 6% in pre-market on Friday as TikTok's U.S. agreement helped calm AI bubble fears after a volatile macro week.
What to know:
- Oracle shares climbed about 6% to around $190 Friday's pre market trading.
- TikTok agreed to form a U.S. joint venture led by American investors, reinforcing Oracle’s role as a core AI cloud and data security provider easing AI concerns.
- The deal helped improve broader risk sentiment with bitcoin back above $88,000, also lifting AI mining stocks in the process.
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