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Bitcoin News Roundup for Sept. 24, 2020
With bitcoin markets looking weak alongside a strengthening dollar, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Updated Sep 14, 2021, 10:00 a.m. Published Sep 24, 2020, 4:00 p.m.
In this article
With bitcoin markets looking weak alongside a strengthening dollar, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
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Today's Stories:
Strengthening US Dollar Could Bring Further Downside for Bitcoin
With the U.S. dollar eyeing a pre-election recovery, the path of least resistance for bitcoin may be to the downside.
MakerDAO Users Hosed by March Flash Crash Won't Get MKR Payouts, Say MKR Whales
After initially voting to do so, the Maker community will not compensate investors who lost big on the lending platform during "Black Thursday's" price rout.
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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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