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Bitcoin News Roundup for Sept. 28, 2020
With bitcoin's record-breaking run above $10,000 and Twitter talking blockchain strategy, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 10:01 a.m. Published Sep 28, 2020, 4:00 p.m.
With bitcoin's record-breaking run above $10,000 and Twitter talking blockchain strategy, 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:
Bitcoin Has Been Less Volatile Than Tesla Stock for Months
Bitcoin is often criticized for being overly volatile, but it's been a sea of calm compared with Tesla stock in recent months.
Bitcoin Sets Record 63 Straight Days Closing Above $10,000
Bitcoin has closed above $10,000 since July 27.
$2B Locked: Uniswap Now Bigger Than Entire DeFi Industry Just Two Months Ago
After passing $2 billion in locked assets, there's now more value in Uniswap than there was in the entire DeFi space on July 9.
Jack Dorsey Details Twitter's Blockchain Strategy at Oslo Freedom Forum
Jack Dorsey said the nonprofit Blue Sky will use blockchain to create an open Twitter protocol and give people more control over their data.
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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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Traders mull the bottom as bitcoin returns to week's lows below $86,000
One analyst isn't quite ready to call a bottom, but says bitcoin is surely in an oversold condition.
What to know:
- Bitcoin's early rally Wednesday seems a faint memory as the price has returned to the week's lows.
- Precious metals continue to get bid, with silver rushing to yet another new record and gold closing in on an all-time high.
- One analyst cautioned against reading too much into the current bitcoin price action due to year-end positioning and tax considerations.
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