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Bitcoin News Roundup for Sept. 15, 2020

With BTC crossing into bullish territory and a new smart contract-powered tokenized DeFi Index, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Updated Sep 14, 2021, 9:56 a.m. Published Sep 15, 2020, 4:00 p.m.
Markets Daily Front Page Adam Lyllah

With BTC crossing into bullish territory and a new smart contract-powered tokenized DeFi Index, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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This episode is sponsored by Crypto.comBitstamp and Nexo.io.

Today's stories:

Analyst 'Cautiously Bullish' on Bitcoin but Says Equity Sell-Off Still a Threat

Bitcoin has crossed into the bullish territory but may remain vulnerable to another sell-off in stocks.

New Index From DeFi Pulse and Set Protocol Offers Easy Access to 10 DeFi Tokens in 1

Data company DeFi Pulse and investment-minded Set Protocol have created a permissionless index of the very best DeFi tokens, called the DeFiPulse Index.

MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M

Michael Saylor, the founder of MicroStrategy, said Tuesday his company has acquired an additional $175 million in bitcoin in a single purchase.

DeFi Lender bZx Reclaims $8M Stolen in Sunday's Attack

DeFi lending project bZx has been able to recover about $8 million in cryptocurrency from an attacker who stole the funds after exploiting a code bug over the weekend.

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Protocol Research: GoPlus Security

GP Basic Image

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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Bitcoin gets 'base case' price target of $143,000 at Citigroup

Bitcoin (TheDigitalArtist/Pixabay)

The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.

What to know:

  • Citigroup's base case for bitcoin (BTC) is a rise to $143,000 in 12 months.
  • Analysts highlight $70,000 as key support, with the potential for a sharp rise due to revived ETF demand and positive market forecasts.
  • The bear case sees bitcoin falling to $78,500 amid a global recession, while the bull case predicts a rise to $189,000 due to increased investor demand.