Share this article
Bitcoin News Roundup for Oct. 5, 2020
With interest in bitcoin futures falling to their lowest level since May, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 10:04 a.m. Published Oct 5, 2020, 4:00 p.m.
With interest in bitcoin futures falling to their lowest level since May, 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, Nexo.io and Elliptic
Today's Stories:
Open Interest in CME Bitcoin Futures Slides as Market Sapped by Surging DeFi
Institutional interest in bitcoin futures has plummeted as the DeFi explosion made carry trades less attractive, said Bequant's Denis Vinokourov.
Bitcoin Miners Saw 11% Revenue Drop in September
Miners generated an estimated $328 million in September.
SEC Is Willing to 'Try' a Tokenized ETF, Chairman Says: Report
SEC Chairman Jay Clayton expressed an openness to a tokenized exchange-traded fund.
Pro-Crypto PAC Giving $50 in Bitcoin to the Campaign of Each Member of Congress
In a bid to raise awareness, the Chamber of Digital Commerce’s PAC is contributing $50 in bitcoin to the campaign of incumbent members of Congress in both legislative houses.
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
Coinbase shares rise as ‘ambitious expansion’ wins analyst praise
The event marked a milestone that broadens the platform’s reach across new and traditional assets, the analysts said.
What to know:
- Coinbase rose as much as 4.6% after unveiling a broad product expansion including stock trading and AI-powered tools.
- Analysts from JPMorgan, Citi, and Clear Street said the roadmap could expand Coinbase’s market and user engagement.
- Wall Street price targets range from $244 to $505, reflecting diverging views on Coinbase’s ability to execute its “Everything Exchange” strategy.
- The shares were recently price at $249.16.
Top Stories
