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Bitcoin News Roundup for Sept. 3, 2020
With the price of bitcoin pulling back sharply and U.S. legislators again advocating for blockchain, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
With the price of bitcoin pulling back sharply and U.S. legislators again advocating for blockchain, 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 Risks Deeper Price Pullback as Exchange Inflows Spike
Wednesday saw a flurry of deposits onto exchanges, indicating some investors are trying to offload their bitcoin. That could further propel prices downwards.
Robinhood May Face $10M SEC Fine Over Disclosure Failures
Robinhood is reportedly under investigation by the Securities and Exchange Commission for not fully disclosing it was passing customer orders on to market makers.
Lawmakers Ask Trump to Use Blockchain in COVID Relief
Lawmakers are urging President Trump to consider blockchain solutions in the fight against COVID-19.
Swiss Canton Zug to Accept Taxes in Bitcoin, Ether From Next Year
Citizens and companies in Zug will be able to pay up to $109,000 of their tax bill in either bitcoin or ether as of next February.
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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Lo que debes saber:
- 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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U.S. bitcoin ETFs see strongest inflows for over a month as BTC dominance hits 60%
Fidelity's FBTC recorded a top five inflow day as the ETFs took in a combined $457 million amid sharp BTC price swings.
Lo que debes saber:
- U.S. spot bitcoin ETFs recorded $457.3 million in net inflows on Wednesday, the strongest daily intake since Nov. 11.
- Fidelity Wise Origin Bitcoin Fund led with a $391.5 million inflow which is a top five inflow day for FBTC.
- Bitcoin dominance rose to 60%, its highest level in a month.
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